The 1995 Silver Eagle marked the tenth year of release for the popular bullion and collector coin series. On the bullion side, the US Mint released the standard one ounce silver coins. The final mintage for the year was 4,672,051.
Collectors were provided with two different versions of the 1995 Proof Silver Eagle as a way of celebrating the program’s 10th anniversary. The first version was the 1995-P Proof Silver Eagle. This was the standard issue proof coin, produced at the Philadelphia Mint with “P” mint mark. The coins were limited to a mintage of 500,000 coins and offered for sale at $23.00 each.
The second, and considerably more rare version, is the 1995-W Proof Silver Eagle. This coin was included as part of the 10th Anniversary Gold Eagle Proof Set, which included the four proof Gold Eagles plus a specially issued proof Silver Eagle struck at the West Point Mint and bearing the “W” mint mark. Because of the high cost associated with the set, the final mintage was a mere 30,125. This level was not uncommon for proof Gold Eagles, but represented the lowest mintage for a proof Silver Eagle by far.
For certified coin collectors, both versions of the proof coin are attainable in NGC PF 70 Ultra Cameo, although the 1995-W can cost above $10,000. PCGS PR70DCAM coins are uncommon. The bullion versions can be found in NGC MS 70 with more regularity than prior years, PCGS MS70 coins are rare.
During 1995, the average price of silver was $5.20 per ounce. The price briefly sunk to $4.65 per ounce in March, before spiking above $6.00 in May, and then basically retreating for the remainder of the year.
1995 Silver Eagle Mintages
Bullion Mintage: 4,672,051
Proof Mintage: 438,511
1995-W Proof Mintage: 30,125
Mint Mark: none (bullion), P (proof), W (proof coin issued in 1995 Gold Eagle Proof Set)
Designers: Adolph A. Weinman (obverse), John Mercanti (reverse)
Composition: 99.93% silver, 0.07% copper
Weight: 31.101 grams (1.000 ounces)
Diameter: 40.6 mm (1.598 inches)
Thickness: 2.98 mm (0.117 inches)