1995-P Proof American Silver Eagle NGC PF69 UC

1995-P American Silver Eagle proof coin

1995 marked the 10th year of production for the American Silver Eagle coin series, which included both bullion and proof coins for each year since 1986.

In 1995 the U.S. Mint offered two different proof coins, the 1995-P sold individually and the 1995-W, which was only available if buyers purchased a 10th anniversary set that included that coin and a set of American Gold Eagle proof coins from the same year that were also minted at the West Point Mint.

While the 1995-P could be purchased from the Mint for $23, buyers had to spend $999 for the 10th anniversary sets, and those who did so were handsomely rewarded years later.

Only 30,125 of the anniversary sets were sold, making the 1995-W proof coin the key to the series with the lowest mintage and by far the highest premium, especially when graded proof 70. The 1995-P had its mintage capped at 500,000 coins and ended up selling 438,511 coins.

While that is not low enough to give it the premium that is attached to the lower-mintage 1994 and 1993-P proof coins, the 1995-P does carry a premium that is higher than many other coins in the proof series.

Why purchase this NGC PF69 UC 1995-P American Silver Eagle?

NGC has graded 14,694 of these coins, and of those 7% or 1,079 coins graded proof 70, while 91% or 13,312 coins graded proof 60, and the rest were between proof 61 and 68. Compared to coins like the 1993 and 1995, of which only several hundred exist in the top grade, this coin is somewhat more plentiful at that level, but it is still scarce enough to command a strong premium that is beyond the reach of many buyers.

This proof 69 example is an excellent choice for the buyer who wants to add this issue to their collection and not spend a lot. And they will own one of the better date coins of the proof series.