Collectors placed an impressive 307,378 orders for the individually packaged 2014-W Proof Silver Eagle between its release on Thursday, Jan. 23, and Sunday, Jan. 28.
The opening tally blew past last year’s release which started with sales of 258,860 during the same number of days. The starting pace has always been brisk for American Silver Eagles. The proof coin in 2012 logged sales of 299,539 in five days and opened at 367,623 through the first six days in 2011. The year prior, 273,212 sold in three days. Proof Silver Eagle sales were canceled in 2009. Opening four-day sales reached 185,232 in 2008.
An advantage this year’s release has is its $52.95 price. With precious metals lower, the one-ounce, 99.9% pure silver coin is $10 less than when last year’s coin debuted. Also, it’s benefiting from a discounted price through subscription. Those subscribed to receive the 2014 Proof Silver Eagle automatically paid $5.30 less, or $47.65.
Offered below are the last reported sales for every standard, annually issued proof American Silver Eagle since 1986.
1986 – 2013 Proof American Silver Eagle Sales
*The individually packaged 2013-W Proof Silver Eagle sold out with last reported sales of 868,494. The coin remains available in the 2013 Congratulations Set, which has sales of 15,858, and the 2013 Limited Edition Silver Proof Set, which has sales of 35,994.
There are no mintage limits for this year’s coin. Demand dictates how many are made but most collectors have learned to buy earlier in the sales cycle since the U.S. Mint tends to stop selling American Eagle products without notice.
As a side note, the 2014 Proof Silver Eagle is also within the earlier released 2014 Congratulations Set. Combined with its 1,393 sales, the proof coin’s total is 308,771. The 2014 Limited Edition Silver Proof Set launches in May. It will also have a 2014 Proof Silver Eagle.
The U.S. Mint’s product page for the proof American Eagles is found here. United States Mint products may also be ordered by calling 1-800-USA-MINT (872-6468).
So actually the 1995-W proof was not sold as an individually packaged coin but as part of the 10th anniversary eagle set which also included the gold eagle 1, .5, .25, and .1 oz coins. No wonder only 30,125 were sold – it cost $999 to buy the set even if all you wanted was the silver eagle. Who knew that today a PF-69 would go for ~$4,500 (on eBay).
I wonder why the 2012(S) Proof Silver Eagle with a mintage of 285,184 is not listed? The 1995(W) proof is on the list.