Price Reduction for 2014 Proof American Silver Eagle

Proof Silver EagleThe United States Mint has scheduled notices for publication within the Federal Register which will reduce the price of the 2014 Proof American Silver Eagle and establish the price for next year’s 2015-dated coin. The pre-publication versions of the notices can be found here and here.

According to the notice, the price for the 2014 Proof Silver Eagle will be reduced from the current price of $52.95 to the new price of $48.95. An effective date for the price change has not been indicated. The 2015 Proof Silver Eagle will also carry the new lower price of $48.95.

The 2014 Proof Silver Eagle went on sale at the Mint on January 23, 2014 at the price of $52.95. On this date, the market price of silver was around $20.11. Despite a sustained decline in the market price of silver culminating in early November when the price dipped near $15 per ounce, the price for the product has not been adjusted until now. The current price of silver is around $16.08 per ounce.

Based on the figures from this week’s sales report, the 2014 Proof Silver Eagles have had cumulative sales of 732,105. The pace of sales has been strong during the gift giving season with prior week sales of 6,821 units.

At this point, there have been no notices issued to reduce the price of other silver numismatic products. Perhaps these may be forthcoming. The last time the US Mint made an interim price adjustment due to a change in the market price of silver, the prices for nearly all silver numismatic products were adjusted. This took place in July 2013.

In October, we had seen the US Mint establish prices for the upcoming 2015 US Marshals Commemorative Coins. The prices for the silver coins reflected reductions from the levels for the 2014-dated commemorative issues.

Update: The price of the 2014 Proof Silver Eagle will be reduced today, December 19, 2014 at 12:01 PM ET.

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  1. Brad says

    If the price of the 2014 Annual Uncirculated Dollar Coin Set drops by $4 as well, I might pick up a few more of those. I kind of doubt the Mint made the full product limit of 50,000 sets. They may sell out at around 25,000 sets, since so many singles were sold this year. Last year singles sales were suspended in favor of making more $1 coin sets, which then hung around for several months.

  2. stephen m says

    It’s been a long time coming. We wished for a bigger reduction but I’ll take what they are giving. I don’t think silver is at a bottom yet. A further reduction in 2015 may be in the cards. The proof silver eagle is my favorite modern coin and will purchase early in.

  3. Ends in Error says

    As long as us hoaders keep buying there will only be infrequent token adjustments to the prices. Let there be a major drop in sales and maybe some more realistic reductions will be made.

  4. fmtransmitter says

    Tinto says
    DECEMBER 18, 2014 AT 12:37 AM

    @Ends in Error

    Perhaps the short time frame when the platinum proof went back on sale is due to the Mint now being less forgiving of those who ordered and their CC info was missing or the CC expired and therefore a small quantity came back into inventory …. (maybe or maybe not . …. the Mint should be audited thoroughly for the surprise BHOF sale resurrection … if it can happen there it could happen elsewhere in the Mint and not just with collector coins)
    I’ll take a resurrected 95 W SE….

  5. MikeinPA says

    looking to ivest in a coin for about a thousand for grandson, which do you believe has the most potential down the road, can be modern or old

  6. cagcrisp says

    @MikeinPA, You ask 100 people on here your question and you may get 100 answers. I’m doing the same thing for some “little ones” so I can tell you what I am doing. I buy Ungraded St Gaudens. I Buy a St Gauden that is exactly 100 years Older than the little one. If you watch the bay and you are PATIENT you can get a good St Gauden for 107-112% of spot..

    That’s what I am doing… You will have to pay more than a grand but you should be able to get a good one for a little less that $1,400.00

  7. Tinto says


    Thanks! Those are nice discounts…. hopefully they will have a good discount for the gold as well …. that’s my Christmas wish …. 😉

    Do you know if the Mint has their 2015 schedule ready … I went to their website and saw only the 2014 schedule …

  8. cagcrisp says

    @Tinto, Gold is Sold according to the Mint’s grid. At $1,200 Gold the price for the Proof US Marshal would be $405.45 and the Unc would be $400.45…

    I don’t see them changing the grid…

  9. Dave SW FL says


    I am an average stacker, so unless there is a huge drop in silver, it’ll be steady as she goes.
    Average = price averaging that is.
    I would be a monster below $10 an oz.
    Burned once backing up the truck at what I thought was a low price.
    BHOF flips helped ease the pain from that educational experience.

  10. Tinto says


    Thanks … perhaps they will offer a big introductory discount …. maybe not … but getting ready for the release ..

  11. Dave SW FL says

    12/3 C&C order FINALLY arrived. Here is the route & timeline. Could they not arrange a negotiated agreement with USPS for priority mail that would have accomplished the same delivery in 2-3 days with a much smaller carbon footprint for the same price?
    Memphis – 1 day
    Southaven, MS 1day
    Grove City, OH 1 day
    Washington,PA 3 days
    Charlotte,NC 1 day
    Findlay, PA 6 days
    Local USPS 1 day
    Delivered today

    You just cannot make this stuff up. BTW, I think Fed Ex just reported lower than expected quarterly numbers. Maybe they should cancel their contract with the mint. SHAREHOLDERS, REVOLT!

  12. Flave says

    So, since additional BHOF coins were made available, I ordered 5 more. They shipped today in 5 different UPS boxes, Not very cost effective.

  13. Keep Calm & Stack On says

    Mike – answer #2 of 100 – if your grandson has any inkling for sports, a proof & Unc $5 gold BHOF 70 along with a PRF $1 70 can be had for under a grand. Unique, one-of-a-kind, not likely to be had again at these prices again, and just good ole American.

  14. Boz says

    Umm, they just found another vault full of uncirculted Morgan silver dollars left over from Jimmy Carter’s sale. But you had to act fast. The ordering window slammed shut after only 25 minutes. Guess SHN got them.

  15. cagcrisp says

    “We will not declare a sellout until all of the inventory has shipped and the time for returns and exchanges has passed,” Adam Stump, deputy director of the U.S. Mint’s Office of Corporate Communications, said Dec. 18.

    When it All said and done I Sales will Not exceed 399,757 listed on 12/07/14. Just not enough time left in the year to resale those returned, cancelled, cc, and these Silver BHOF’s can Not be Sold in 2015…

  16. Scott says

    @ MikeinPA Here’s my thoughts. Buy your grandson a PCGS or NGC certified pre-1933 ten or twenty dollar gold piece in MS-62 or MS-63 grade. The MS-62 tens are roughly $800 and MS-62 twenties are roughly $1400. It just depends on how much you want to spend. The premiums for these coins are reasonable and the twenties are your best value. The only modern coins I would consider are proof gold or proof platinum eagles from the year your grandson was born. Your grandson is one lucky kid, keep up the good work.

  17. Eagle One says


    2008-W Reverse of 07 in MS70 without spots.
    Estimated mintage: 43,000
    This popular 5 year old coin will do nothing but go up in value.
    I own three.

  18. thePhelps says

    @mgm…I am baffled why they would pay that kind of money for a plated coin… P T Barnum is rolling in his grave…

  19. Erik H says

    Dave SW Fl, invest in a PO box then the mint will ship USPS priority. I’ve been getting orders in about 5 days after ordering in stock items.

  20. GoldFishin says

    @thePhelps- the same reason you would pay $399 for silver plated morgan dollars proof fake BS set. Because the listings are misleading and people have no idea what they are bidding on. This is one reason…if one is inexperienced you should never buy ungraded coins from anybody that already has negative comments saying that items sold were fake.
    I have seen gold counterfeits that are so good only an expert can tell them apart and minted with 90% gold, weigh the same, and without magnification look the same. It is dangerous treading on ebay…newbies should only bid on raw coin auctions by established sellers with at least 400+ rating, check for negative comments, and also once coin is received…take it to a local dealer and have them check it out for authenticity. There are also a ton of raw coins sold on ebay that have been improperly cleaned, ruining any numismatic value( unless they are true rarities) and are not listed as cleaned by the seller. Even established Ebay sellers routinely do this. Just my two cents.
    I report people like this every time I come across them. Ebay used to do something about it, but lately, they just ignore it. Buyer beware rules the day.

  21. thePhelps says

    @Goldfishin… while I agree mostly – this ad has a certificate of authenticity that clearly states it is a plated coin. Not sure what they think that means… but I’d suspect poor reading skills are being observed.

  22. mark says

    f***i (private)
    During past 6 months

    Reply by stuff2u4$ (Jul-19-14 15:21):
    Follow-up by f***i (Jul-20-14 10:29):

  23. mgm says

    Almost makes you want to bid on it and not pay for it…

    thePhelps says
    DECEMBER 18, 2014 AT 7:10 PM

    @mgm…I am baffled why they would pay that kind of money for a plated coin… P T Barnum is rolling in his grave

  24. GoldFishin says

    @thePhelps- what gets me is somebody with a 1458 user rating is high bidder on the auction. I really don’t understand that at all. They must have been buying clothes on ebay and not coins. 😉

  25. mark says

    My $4.95 shipping for the silver bhof will be here tomorrow..upgraded to expedited. Thought that was for orders over $300.00. No wonder they charge so much for their stuff. Hey mint lower your prices and just ship it parcel post. Which lately has been coming faster than priority.

  26. VA Bob says

    MGM – the seller is misrepresenting the “coin”:

    Year: 1933 Circulated/Uncirculated: Uncirculated
    Composition: 90% Gold, 10% Copper Strike Type: Proof
    Certification: NCM Mint Location: N. Mariana Islands
    Certification Number: 80286 Country/Region of Manufacture: United States
    Grade: Proof

    First is was not minted (and plated) in 1933, even the COA says 2004. Second the composition is not 90/10 as listed in the item description. Too many issues with description (seems to focus on a real 1933 SG). This seller should be reported. The winning bidder is in for a big surprise.

  27. Gary Not Dave says

    I agree the 2008 W reverse of 07 and the 2011 S have the highest potential of the Silver Eagle series. IMHO

  28. Tinto says

    @VA Bob

    I agree … the seller reportedly added a (very small) note at the bottom saying the stuff is gold layered on Dec 16 … is he trying to get out of giving a refund to the buyer ? Everything screams literally … genuine .. esp the description at the very beginning right under Detailed Item info … it is for a genuine 1933 using PCGS description …. (does he need PCGS permission to use that?) which will overwhelm a buyer who is not paying close attention and not reading the whole sales pitch ….. Everything smells here … yeah the buyer is going to have a real headache … hopefully it wasn’t ordered as a Christmas gift for someone else …. and remains unopened until Dec 25 …

    I would have thought Fleabay would require stuff like this being put on sale to have a disclaimer at the very top ….

  29. jhawk92 says

    @ Mikein PA-I wanted to do something similar for my two kids, so I got them each a Silver and Gold bullion Eagle, MS69, in their birth year. I gave thought to the idea of 100 years earlier, but I didn’t have that kind of cash. Granted, now the prices are much higher, but it’s all relative, since I’m 11 yrs further along at work. I might get there some day for them.

    I do think the 2008/reverse 07 is a neat coin. I picked up two of those in OGP and have them tucked away. I still want a 95 W SE for myself, in OGP, to match up with the rest of the Proof Eagles, but that one may always stay a dream.

  30. Dustyroads says

    jhawk92, Was that you who told me some time ago about having the 2008 with reverse of 2007 ASE’s, and that you got them at Mint cost? I have been watching these from time to time on ebay and they seem to only be getting more out of reach. Of course I would like to have the most perfect coin, but I have lately been thinking that I may be able to find one in OGP from a small private seller who is liquidating. My hope is to have the possibility of at least maybe finding a better coin that way. Anyway, I should congratulations you again on an awesome find!

  31. Tinto says


    Coincidentally I just saw CV on TV they were offering an NGC MS69 08 rev 07 ASE for 800 bucks

  32. Tinto says

    @Gary not Dave

    That’s why I never buy from CV or any other TV sellers …. when I first saw CV many years ago I was intrigued and thought I could buy from them. Then I saw the guy holding up true unc PL or better Morgans and started turning them using his bare index finger on the field ….. shudder …the thought went away fast …

  33. The Real "Cool" Dave says

    Alright rec’d one of my TA9 orders from the Mint — definitely NO “sloppy seconds” here, as matter of fact the Sacs are very nice/pristine for the most part at least one that could grade a 70; I have not finished going through all of them; however, I also found a unique serial number, I believe it is called a, “radar repeater .”

    Still waiting one order that has shipped and one more the Mint has charged me for, but not shipped.

    Any word from anyone else out there?

  34. The Real "Cool" Dave says


  35. VA Bob says

    Tinto – That ebay seller also listed under “pre-1933” gold. That in itself is misleading. Buyer beware. The “winner” is going to be disappointed sooner or later when they go to liquidate an find that piece almost worthless.

  36. jeff says

    Attention Shoppers

    Just because this coin has bids of more than $1000 please don’t let that lead you to think it is made of solid gold. Please see all photos and read all the information provided in the item description as specified in the description. Thank you and best of luck to all bidders!

  37. VA Bob says

    Jeff – If all people read, and comprehend, this “coin” would never have got over $20 let alone $1000. No information about a real Saint Gaudens coin, except this is a replica of such, should have been mentioned. Now if a person wants to be stupid with their money, that’s on them, they are free to do so. My concern is that these underhanded “sales” hurt the hobby, not help. It also encourages others to do likewise. Some will laugh and take the suckers money. That’s not someone I’d personally want to do business with, even on a real coin, nor would I hold a high opinion of. Others may feel differently. They are free to over-bid on this sellers other “error” (lol) replica SG.

  38. VA Bob says

    Looks like a Coins and Chronicles set for each president next year. Looks like the Mint found a nice niche. I kind of wish they wouldn’t front load the early part of the year, but it might be good from a PM stand point.

  39. thePhelps says

    If the mint is going to start doing yearly coin and chronicles… then last years Teddy Roosevelt (or is it this years?) might become a little more expensive as part of the series… it had been kind of predicted they would issue as many silver presidential medals as they could.

  40. Keep Calm & Stack On says

    It may just be me, though it looks as if a lot of offerings are being pushed back a little later in the year.

    You know those “On-Sale Dates To Be Determined” offerings will all likely stack up in the later 1/3rd of the year.., & there’s a lot of the list. Sorry FS collectors!

    2015 High Relief 24K Gold Coin will likely fall around either the Spring or Fall ANA show

    Well, 2015 will provide a little breathing room for me anyway to recover from all the damage done to the pocket book this year!

  41. Keep Calm & Stack On says

    The Presidential coin & chronicles sets are an odd bird in my opinion. They just started out of blue and not following chronological order – so what determines who gets C&C set, and who doesn’t? I guess it’s buy your fav Pres out of the lot.

    And at some point, I just don’t know where some of you guys put all this stuff! It’s like on the Platinum coin.., could you make the Album just a tad bit larger?

  42. Keep Calm & Stack On says

    Eagle One – estimate on when the Silver set will check out? Still shooting for 7-8th January, or was it Feb?

  43. Keep Calm & Stack On says

    There’s 2015 offering showing up on the short term Product Schedule and yet no LESPS – yep, another March release!

    cag – any significant associated with the Marshall’s 1/29/2015 release date or event at Fort Smith that you’re aware of?

  44. Erik H says

    I wonder if the 2015 Coin & Chronicles Sets will have Enhanced dollars to create a new frenzy ???

  45. Erik H says

    Looks like no Reverse Proof Sets this year. I don’t mind one-off Reverse Proof coins but starting a whole set of Reverse Proof circulating coins is a little over kill.

  46. Keep Calm & Stack On says

    Erik – believe that will be “the surprise” offering for the year, in concert with the reg proof set in the spring, perhaps?

  47. Keep Calm & Stack On says

    Here’s a thought, we’re not seeing more Fed Reg releases pertaining to the other silver products and associated price reductions as the price adjustment notifications are tied to the product schedule (or more importantly to support the Enrollment orders), & hence why we’ve seen the Proof ASE notification, and none other yet.

    Ok, done with the spam – TGIF!

  48. CasualCollector says

    Now that the 50th Anniversary Kennedy Clads (K14) are showing “OOS”, I’m hoping they update the site to actually say “SOLD OUT” — this might prompt people to order the other Kennedy’s (Silver and Gold) before they sell out too (although those are pricier and might take a while…)

  49. CasualCollector says

    Well, so much for “OOS” — looks like right now you can still order the Kennedy Clads. *rolling eyes*… LOL

  50. Keep Calm & Stack On says

    CC – I never thought I’d say it, though I so much more trusted the previous website than that we have now..

    The current inventory mgmt feed to the website is all over the freak’n map…

    A voice is going off in my lil head that we’ll see the BHoFs again…

  51. CasualCollector says

    KCSO –I hear ‘ya on the BHoF’s — but at least with the BHoF’s there’s a hard date for any version the Mint can sell (12/31).

  52. cagcrisp says

    @Keep Calm & Stack On, Regarding the US Marshals. Fort Smith is having a “Kickin’ Up the Dust ” fund raiser March 14, 2015. Tickets are $200. Recreation of Old West town, casino, Texas Hold’em and blackjack, entertainment and food food food.

    The Only noticeable thing that came out of the last board meeting was that they are going to hire a “named” actor to promote the coins and that the estimated proceeds for the coins has been raised to $5m from previous estimate of between $4.5-$5m…

    SO….they are EXPECTING(Budgeting) Sales to be High…

  53. stephen m says

    Looks like 20.00 reduction on the 5oz’s should be coming. At the least. I don’t see the mint doing a reduction for one silver and not all silver. @Gary Not Dave, The 2008 silver eagle w/the2007 reverse is a good one to hold. I have two that I received from a mint order in 2008. And I have to agree that the 2011S is the star of the 25th anniversary ASE set. Two nice MS silver eagles for any silver eagle collection. Don’t know if I’ll ever be able to own a 1995w but I won’t ever give up.

  54. says

    I had a chance to speak with Mint Director Peterson at the Shenandoah quarter launch in April and he told me how he was behind the Teddy Roosevelt Coin & Chronicles set. I thought the Mint was doing one a year but the 2015 schedule lists Truman, Eisenhower, Kennedy & Johnson C&C sets. I agree it is a very odd series, begun in 2005 with Supreme Ct. Chief Justice John Marshall, then 2006 with Ben Franklin, finally caught fire in 2009 with Abraham Lincoln, then a 4 year gap to TR and now FDR.

  55. cagcrisp says

    @Larry, Using current Gold price of $1,194.00 the estimated cost of the 2015 Ultra High Relief would be $1,675.00…

    SO….you better start saving for it if you want one…

  56. Keep Calm & Stack On says

    Larry – search MNB, it’s kinda old news with the exception of the reverse design

    cag – Sam Elliot (I hope), product limit for the 3-coin (stomp, stomp)

  57. cagcrisp says

    @Keep Calm & Stack On, Some Friends had an Informal “The Survey Says” and Sam Elliot was the Number 1 Answer…

    I wanted Jeff Bridges…but I was the only one that said him…

  58. GoldFishin says

    @Cagcrisp- I took a drive wednesday morning down the ByPass at highway 36. I missed my exit and as I rushed to get back on the right road I got pulled over from a highway Cop for doing nearly 65 and failure to recognize a nice Yield sign. 😉

    If this makes no sense, it’s not supposed to, unless you know where I was going. I hope your duck hunting friend decided to stay the course. You nailed it buddy!

  59. Larry says

    @ Keep Calm & Stack On – I found it, been so long I forgot about it. The mint schedule says high relief, not ultra high relief. I kind of wish they would leave the 2009 coin to be the only one. The picture I found shows it to be a $5.00 coin. That is kind of strange for a 1 OZ gold coin. I could only find a picture of the reverse. Is there one of the obverse out there somewhere?

  60. Keep Calm & Stack On says

    Larry – my bad, it’s the Obverse design that’s outstanding. Unless it comes in as a retake on a classic design (2001 Buff, ’09 UHR), these one-offs have yet to prove themselves in my opinion – if factoring the mint premium and appreciation potential, but who knows anymore with this modern stuff. I surely didn’t think Sacabucks would be $40+ now…

  61. VA Bob says

    Unless the upcoming C & C sets do poorly, the TR set might be the “key” with those @ just >13K sets sold. Of course unlike the older sets, I’m sure the future sets would contain golden dollars, not silver coinage like the JM, BF, and AL sets. Could you imagine if the up coming Ike set had a90% silver Ike dollar dated 2015 in it? That would be huge. The JFK set should get a silver half, too. I’m not holding my breath as I don’t believe JFK got a silver dime, which is a shame. Not like it hasn’t been done every year since 1992. Nope just another sales vehicle for the unpopular golden dollars. The Mint could shine here if it wanted to. Prove me wrong Mint.

  62. Teach says

    Must of hit enter…..anyways my 12/4 order yesterday went from ON HOLD to BACKORDER to today back ON HOLD. I remember the song by the Ohio Players called Rollercoaster 🙂

  63. cagcrisp says

    SO….IF you Don’t get your CR coin shipped by 12/31/14 you got something to Whine about…

    “However, the authorizing legislation for each commemorative coin program, Public Law 112-152 and Public Law 110-451, respectively, requires that the coins be issued and shipped by Dec. 31, 2014. ” from my Above link…

  64. jejtpr says

    My order for the platinum coin has bounced several times between on hold and processing. The price for platinum has been just over and under $ 1,200. Should I cancel or hope I get it for $1,600?

  65. Keep Calm & Stack On says

    GF – did you get a ticket? Or did a Silver BHoF ‘accidentally’ slip out of your pocket while digging for your wallet, any “excuse me Officer, would you please hold this while I…”?

  66. Mint News Blog says

    Update: The price of the 2014 Proof Silver Eagle will be reduced today, December 19, 2014 at 12:01 PM ET

  67. VA Bob says

    Cag – The Mint really missed the boat on those CR coins. The Reverse is beautiful. They turned down some much better designs. I suppose that’s what happens when you ignore the coin collecting base, and take the PC route. Perhaps if the guy on the obverse carrying the sign, had it read “Hands up, don’t shoot” it would have appealed to masses today. I’d be in for few depicting a mob looting a burning businesses building, as it would be accurate as to where we are today.

  68. VA Bob says

    jejtpr – They should honor the price you agreed to at the time of purchase. If we can get Walmart to run the Mint, you would have got the low price guarantee.

  69. VA Bob says

    Stuart – Thanks, I could recall off the top of my head, so I used the number I did recall. I appreciate the correction.

  70. Keep Calm & Stack On says

    I saw where a rack of work boots were left untouched during the looting…

    The “ringing” Liberty Bell (Enhanced) would have been awesome, & a nice additional to my collection!

  71. GoldFishin says

    @KCSO….LOL…no ticket, I was wearing my hoodie and smoking a cigarillo….I think he had seen that movie before. He just addressed me as sir and asked me to pay more attention to what I was doing. I said “whatever >#!^#!” and went on my way. 🙂

    Of course, I am just kidding…I was raised to only say “yes sir” and “no sir” when in the presence of any police officer, or any authority figure for that matter.

  72. Keep Calm & Stack On says

    Appears we have lost an “authority figure” out here, though I never heard a ‘Sir’ from you.., Sir! ;).

  73. GoldFishin says

    @KCSO- After 20+ years I still address my wife as “yes sir” and “no sir”, even though she would rather I didn’t. 😉

  74. says

    VA Bob – I agree that the TR Coin & Chronicles set could become the key to the series if interest develops. I thought it was very well done, with the first silver version of a Presidential medal in a full troy ounce. With the FDR silver medal that makes a “collection” and if Director Peterson continues with the Presidential silver medals next year that will be even better. If the price of silver ever recovers it will be that much better for the set. I’ve salted a few extra sets away in case that happens.

  75. cagcrisp says

    @VA Bob, I wonder what the Minimum number of coins has to be Sold before Before the ‘surcharge’ is paid out?

    Like the GS coin I wonder if any $ from the CR will be paid?

  76. Keep Calm & Stack On says

    That’s hilarious!

    cag – throwing a dart here, I would have to say they would have to sell more than the GS coins!

  77. VA Bob says

    Cag – Well if it comes in less than the GSA coin did, I would assume it would be nothing. A surcharge is a terrible thing to waste.

  78. jhawk92 says

    @Dustyroads-Sadly, I didn’t get my 2008 Reverse 07 Eagles direct from the mint, I ended up getting them on the bay several years ago. Not sure what they are priced at now, but I’m happy I have them. I usually get my Eagles ordered pretty soon after they start sales, but the two I ordered were regular 2008s.

    I like seeing the 2014 Proof ASE drop in price. Hope that portends well for the 5oz pucks coming!

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