November 2020, the U.S. Mint released the “End of World War II 75th Anniversary American Eagle” gold and silver proof coins, each featuring a distinctive “V75” privy mark. release commemorated the 75th anniversary of the war’s conclusion and was met with unprecedented demand.
Sign and Significance
The “5” privy mark, symbolizing “Victory in 1945,” was meticulously incorporated into the coin’s design. The sr coin had a mintage of 75,000, while the gold coin was limited to 1,945, reflecting the year 1945. Both cowere priced at $83 and $2,600, respectively, with a household order limit of one per coin. (coinweecom)
Market Response
Upon release, the U.S. Mint’s website experiensignificant traffic, leading to server issues and widespread frustration among collectors. ite these challenges, the coins sold out rapidly, underscoring their immense popularity. Within five days, nearly 4,000 “V75” Silver Eagles were soldeBay, with prices averaging around $550, marking a 575% increase over the issue price. Theold Eagle commandedven higher premiums, wh prices ranging from $12,000 to $13,000. (coinweek.com)
Dealer Insights
Dealers reported swift salnd substantial premiums for these coins. Brian Timmons of the Harbor Coin Company noted that a batch of 100 Silver Eagles sold out in just 12 minutes, with prices reaching $650 per coin.evin Lipton, a proment dealer, expressed cfidence in the coins’ long-term value, suggesting that the Silver Eagle could retail for over $2,000 in PF 70 condition with premium labels. ([coinweek.cottps://coinweek.com/jim-bisognani-v75-end-of-world-war-ii-gold-silver-coins-on-fire/?utm_sourhatgpt.com))
Collector Impact
The “V75” coins have become highly sought-after collectes, with their lited mintage and historical significance contributing to their enduring appeal. Collectors and investors alike have shown keenerest, leading to a robust secondary market. The coins’ design and the commemorative “V75” mark have further enhanced their desirability.
Conclusion
The release of the “V75” End of World War II Gold and Silver Coins in November 2020 marked a significant event in numismatics. Their rid sell-out, substantial premiums, and lasting appeal underscore the profound impact of commemorative coinage on the collecting community. As these coins continue to appreciate in value, they serve as a testament to the enduring legacy of World War II and the art of coin design.
FAQs
What does the “V75” mark on the End of World War II coins represent?
The “V75” privy mark stands for “Victory in 1945,” symbolizing the 75th anniversary of the end of World War II. It is featured on both the gold and silver proof coins released by the U.S. Mint in 2020.
How many “V75” End of World War II coins were minted?
The U.S. Mint produced a limited number of these coins: 75,000 silver coins and 1,945 gold coins, to commemorate the year 1945 when World War II ended.
Why are “V75” gold and silver coins so valuable?
Due to their historical significance, limited mintage, and high demand, these coins have seen significant premiums on the secondary market. Collectors and investors alike seek them as rare and valuable commemoratives.