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 Replies: 10 / Views: 2,571 |
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New Member
United States
40 Posts |
In this crazy market it is hard to get a feeling for a newcomer, but I am curious how much of a premium did the silver eagle proof coins sell for from the us mint? Twice as much as bullion coins as they seem to cost now, or more/less?
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Pillar of the Community
United States
4541 Posts |
which year are you looking for? Last year I think they were around 30-31 bucks for a proof eagle
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Pillar of the Community
United States
6326 Posts |
Others can speak to that.....but I would remind you that if you're referring to "this" year of 2009......the Proof Silver Eagle isn't out yet.....it hasn't been for sale. So you couldn't compare that to "bullion".... If you mean previous years....well some Proofs were worth quite a decent premium for various reasons. And some had a previous years "reverse" on the new reverse......one year had an "interruption in sales" of availability from the Mint......and that price went up. I guess it just depends on exactly which year of "Proof" specifically you want to compare against that years "bullion coin". On a side note.....I, personally, would certainly pay more for a "Proof" 2005 Silver Eagle than I would for a 2005 "Bullion"/Uncirculated Silver Eagle. But that's just me !  Some people like Uncics. more than the proofs..... And there are some people who just look at it as "an ounce of Silver" and might put the same value of a piece of 1 oz. "junk silver" as the same as a newer Eagle..  ...(spot price)....and will make no discernation between them ! Edited by eaglefoot
06/22/2009 4:44 pm
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Bedrock of the Community
United States
12437 Posts |
The spot price of silver has no real bearing on the Proof Eagles since they are sold as collectors coins, not as a way to invest in silver. They have most recently been sold by the Mint for $27.95 I believe but the 2009s have not been issued yet.
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New Member
 United States
40 Posts |
Well 27.95 is a good starting point but I assume they did not sell for that when silver was 5 bucks right?
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Bedrock of the Community
United States
12437 Posts |
The first Silver Eagle in 1986 had an issue price of $21 and the issue price in 2000 was $24.
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New Member
United States
40 Posts |
Why are the 2006-W "burnished" silver eagles more than the 2006-w proof eagles?
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Pillar of the Community
United States
6326 Posts |
Maybe you're talking about the 2006 "P" ?.....There were three different Eagles put out this year for the first time ever.
If you mean this one, it was done as a "reverse Proof", not the regular method (normally, and obviously, it's usually the "obverse"......this was done for the "anniversary" of the coin.
Or if you did mean that.....then....
Starting in 2006, the US Mint began issuing a special collectible version of the American Silver Eagle. These coins were struck on specially burnished blanks and carry the "W" mint mark. Mintages for these coins are generally much lower than the comparative bullion mintages.
Edited by eaglefoot
06/23/2009 3:56 pm
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New Member
United States
40 Posts |
I don't know if I am allowed to link to ebay here but it seems the burnished 2006-w eagles sell for more than the normal proofs. Not the reverse proof. Just to be clear this is a totally different question from my first question which was already answered with numbers which was exactly what I was looking for. Edited by fredm
06/23/2009 3:53 pm
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Pillar of the Community
United States
6326 Posts |
Starting in 2006, the US Mint began issuing a special collectible version of the American Silver Eagle. These coins were struck on specially burnished blanks and carry the "W" mint mark. Mintages for these coins are generally much lower than the comparative bullion mintages. The 2006-W inaugural version sold out very quickly at the U.S. Mint. Hence, the values being up there, and staying there too it seems.
This coin also came in a "Three Coin Anniversary Set" which was available from the U.S. Mint.
Edited by eaglefoot
06/23/2009 4:04 pm
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Bedrock of the Community
United States
12437 Posts |
Quote:
Why are the 2006-W "burnished" silver eagles more than the 2006-w proof eagles? Only 200,000 individually-sold 2006W SAEs were available in addition to 20,000 in the two coin gold and silver 20th Anniversary Set and another 250,000 in the three piece 20th Anniversary Silver Set for a grand total of 470,000. On the other hand, the mintage of the 2006 Proof was 843,000+ in addition to 250,000 in the 20th Anniv Set so basically 2.5x as many proofs are floating around compared to the burnished strikes. However, that ratio is on the low side since many burnished strikes are lock up in sets and will never be available individually. |
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Replies: 10 / Views: 2,571 |
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Posted 06/22/2009 4:34 pm
