American Platinum Eagles

Platinum is an irreplaceable metal across a wide variety of sectors due to its numerous distinctive features. Around the year 2000, platinum emerged as a precious metal that is gaining more and more popularity as an investment option. When compared to gold or silver coins, there is a significantly lower number of platinum coins available for purchase.

The American Platinum Eagle is the official platinum gold coin of the United States. It was first made in 1997. Platinum of .9995 fineness is used in the production of these coins, which are highly prized by collectors as well as investors. Platinum American Eagle coins were made available in four different sizes between the years 1997 and 2008, to make it simpler for investors to purchase this platinum piece at a price point that was also more affordable. Four denominations are:

1. 1/10 oz of $10 face value
2. 1/4 oz: $25 face value
3. 1/2 oz: $50 face value
4. 1 oz: $100 face value

The Design and Specifications of the Platinum Eagle

John Mercanti was liable for the design of the American Platinum Eagle, which depicts the Statue of Liberty on the Obverse. This design is quite stunning to look at. This design offers a representation of liberty and freedom.

The reverse design of the bullion version, which was first developed by Thomas D. Rogers Sr., at first portrayed an eagle flying over the country. Throughout the years, the proof editions have included a wide range of designs, frequently with themes that represent the fundamental values of American democracy. For instance, such designs have included phrases like "Life, Liberty, and the Pursuit of Happiness." Beginning in 2006 and continuing through 2008, the three branches of government were highlighted in a piece that celebrated democratic ideas. The thoughts of Chief Justice John Roberts served as the inspiration for a series that began airing in 2009 and would spotlight one of the six principles that are outlined in the preamble to the United States Constitution. The image on the proof American Eagle coin for 2020 is a tribute to the preamble to the Constitution, which lists life, liberty, and the pursuit of happiness as constitutional principles.

Mintage of Coin

While the US Mint made the American Platinum Eagle, there were years when they only made 10,000 coins (1 oz weight). Coins of smaller denominations are usually made from platinum. There have been no fractional-size proof coins minted by the United States Mint since 2009.

Why Collect the American Platinum Eagle?

In the market for precious metals, the American Platinum Eagle is a bullion coin that is relatively easy to purchase and sell because of its widespread recognition. Coin collectors can acquire a series that is both diversified and artistically appealing thanks to the American Platinum Eagle, which offers varying designs on its proof variants. Because proof coins are often produced in smaller quantities than bullion coins, they are more difficult to find and have the potential to increase in value. A general pattern that has been observed in the price of platinum in USD since 1990 is that it has been growing over time. The United States Mint is responsible for the production of these coins, which are struck with an excellent level of precision and detail. In particular, the proof versions of these coins are struck many times to achieve a high-quality finish. In addition to its one-of-a-kind attraction, the one-ounce coin has a face value of one hundred dollars, which is the highest of any ever issued by the United States. Platinum and other precious metals are frequently considered to be a hedge against factors such as inflation and economic instability. With the creation of a collection of these coins, a concrete connection to the history and culture of the United States may be established by the American Investors, which can then be handed down from generation to generation. It is possible to find fulfilment in the pastime of coin collecting, which provides a sense of accomplishment and happiness.

American Platinum Eagle FAQs