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Wednesday, May 31, 2023

2023-W Uncirculated Silver Eagle Debuts

Above, a 2023-W American Silver Eagle I bought months ago. Photo by Armand Vaquer.

The U.S. Mint has started selling the 2023-W Uncirculated American Silver Eagle coins.

According to Coin News:

Last week, on May 25, the United States Mint started selling the 2023-W Uncirculated American Silver Eagle for $76.

U.S. Mint sales figures show collectors purchased a total of 117,035 coins in the first four days, making it the Mint’s best weekly seller. As a comparison, last year’s edition opened with five-day starting sales of 143,738 coins.

As a side note, the Mint also reported opening sales of 803 units, or 32,120 coins, of the 40-coin bulk option for dealers last year, bringing the 2022-dated Silver Eagle’s starting total to 175,858. However, this year, the Mint did not publish any bulk sales data for the 2023-W Uncirculated Silver Eagle.

Unfortunately, with the spot price of silver at $23.38/toz (at this writing), $76.00 for an uncirculated coin is a bit pricey. That's a big mark-up! I paid $80.00 for the proof version set at the National Money Show.

What's the difference between these coins and the brilliant uncirculated 2023-W American Silver Eagle coins JM Bullion has been selling for weeks starting at $41.41? (These are the ones I have.) 

Here's the answer: https://libertycoin.com/american-silver-eagle-differences/

To read more, go here.

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