The 1995 Silver American Eagles marked the tenth year for the Silver Eagle Program which began back in 1986 as part of the Liberty Coin Act of 1985.
Whether to acknowledge the tenth anniversary or just due to market conditions, both the standard proof and the bullion versions of the Silver Eagle showed improved numbers over the previous year.
For the bullion strikes, the 1995 Eagles sold 4,672,051. This was an increase of 444,732 over the previous year or 10.5%. While this was a significant improvement, it was not enough to bring the year out of the bottom five for the strikes out of their first twenty five years of availability.
Shown below in the table is the number of bullion Silver Eagles sold by the US Mint each month to members of its network of authorized purchasers. This network is comprised of select group of companies that are the only ones able to order the bullion coins directly from the Mint. The network then, in turn, resells them to other organizations or the public for a small premium above the current spot price of the silver contained within them. The chart does not directly indicate the year-dated mintage for the strikes, however, just the number of coins sold each month.
1995 Bullion Silver Eagles Sold
The improvement in the standard proof strikes for the year was also not enough to bring the year out of the bottom five. However, the increase of 66,343 strikes to 438,511 total sold did manage a respectable jump of 17.8%.
What really made the news for the 1995 Silver Eagles was the striking of a special Proof Eagle from the US Mint facility in West Point. The 1995-W Proof Silver Eagle was only sold as part of the special 10th Anniversary American Eagle Five Coin Set which included the four Gold Eagles struck that year in the sizes of one ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce. With the inclusion of those gold strikes keeping the initial price of the set high, only a miniscule mintage were struck.
As such, only 30,125 of the West Point minted Silver Eagles were created. This makes the strike the key for the series with collectors and has created premiums reaching well into the multi-thousand level. Of course, it is somewhat understandable as the original Five Coin Set had to be broken up for one of these silver dollars to be sold separately.
The 1995 Proof Silver Eagles were initially sold by the Mint for $23 a piece.
1995 Silver Eagle Mintages
1995 Silver Eagle Specifications
|Weight:||31.101 grams (1.000 ounces)|
|Diameter:||1.598 inches (40.60 mm)|
|Thickness:||0.117 inches (2.98 mm)|
|Composition:||99.93% silver, 0.07% copper|
1995 Silver Eagle Design
|Mint Mark:||Bullion – None, Proof – ‘S’|
|Obverse Designer:||Adolph A. Weinman|
|Reverse Designer:||John Mercanti|
1995 Silver Eagles on eBay