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Rare 2019 Reverse Proof ASE released at Whitman show. $66 coins shoot to $250+ on the floor

by Patrick Ian Perez | Published on November 15, 2019

Click image to enlarge.

Collectors and dealers line up at the Whitman Expo in Baltimore in hopes of scoring a 2019 Reverse Proof Silver Eagle

On Thursday November 14^th, the U.S. Mint released the first ever Reverse Proof American Silver Eagle with an Enhanced finished both online and in person at the Whitman Baltimore Expo. The release price was $65.95 with a mintage of 30,000 coins and an order limit of one per household. Because of the low mintage and expected demand, numerous large wholesale dealers were offering instant profits to those who were able to acquire one at the show. Reports are the prevailing offer is $250 per coin. The in-person release was calm and well-organized, with buyers queuing up outside of the show floor and being brought in in groups of roughly 25 people at a time. Mint products such as these generate much excitement and speculation, and it will be interesting to see how these coins fare in the secondary market.

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Author: Patrick Ian Perez

Patrick Ian Perez began as a full time numismatist in June of 2008. For six years he owned and operated a retail brick and mortar coin shop in southern California. He joined the Coin Dealer Newsletter in August of 2014 and was promoted to Editor in June 2015. In the ensuing years with CDN, he became Vice President of Content & Development, managing the monthly periodical publications and data and pricing projects. With the acquisition of Whitman Brands, Patrick now serves as Chief Publishing Officer, helping our great team to produce hobby-leading resources.

In addition to United States coins, his numismatic interests include world paper money, world coins with an emphasis on Mexico and Germany, and numismatic literature. Patrick has been also published in the Journal of the International Bank Note Society (IBNS).