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American Platinum Coins

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Platinum coins are an excellent way to invest in pure platinum because, besides their face value, these coins are prized for their collectability and high liquidity. Released by the United States Mint  in 1997, the American Platinum Eagle is the official platinum bullion coin of the United States. This fantastic coin contains .9995 fine platinum and has been struck in 1/10, 1/4, 1/2, and 1 troy ounce sizes. With its brilliant design and relative scarcity, the American Platinum Eagle is undoubtedly a valuable addition to your investment portfolio.

Being the only platinum bullion coin with weight and content assured by the US Government, the Platinum Eagle is preferred by collectors all over the world. These coins are legal tender at their face values, but their high platinum's purity makes them much more valuable. The US Mint offers bullion, proof and burnished versions of the American Platinum Eagle. Proofs of this coin are unique because they are the only American bullion coins that annually change designs on their reverse side. During their mintage period, burnished editions also carried the yearly changing proof reverse image. These classic coins are also eligible to be included in IRA-Accounts, which makes them a treasured addition for any investor.

American Platinum Eagles History

After the official American Platinum Eagle bullion coin had been introduced by the US Mint in 1997, it was continuously produced in both bullion and proof editions, being available in all four sizes. From 2006 to 2008, the mint also issued the burnished version of the coin which displayed the same reverse changing design as the proof coin. During the first years of their release, the Platinum Eagles registered incredible sales, but in the early 2000s their demand slowed down. In 2008, the sales of these superb coins began to rise, but the demand for silver and gold versions also increased. It determined the US Mint to stop the production of BU Platinum Eagles in 2009, leaving just the 1 oz. proof coin, in order to focus its resources on gold and silver coins. This shortage made the platinum pieces highly collectible. The 1 oz. BU version was later rereleased in 2014 and 2016 after the mint resupplied its platinum blanks stock.

Sizes and Denominations of American Platinum Eagles

With the American Platinum Eagle coins, you can be sure you will receive only high quality .9995 fine platinum. The series has been minted in standard 1 troy ounce size, as well as ½ oz., ¼ oz., and 1/10 oz. The 1 oz.  coin carries the largest denomination of any US coin - $100 USD – although the actual platinum value of its content is much higher. The fractional ½ oz. bears a face value of $50, the ¼ oz. of $25 and 1/10 oz. of $10.  

American Platinum Eagles Design

All Platinum Eagles come with reeded edges and display the same obverse design since their debut in 1997. It showcases the original image created by the talented John Mercanti, the former Chief Engraver of the US Mint, and depicts the face of the Statue of Liberty confidently gazing into the future – the Nation’s symbol of freedom and opportunity. The coin’s front design also includes the “In God We Trust”, “Liberty”, and “E Pluribus Unum” inscriptions and the mintage year. The reverse design of the bullion coin stays unchanged since the first release of the coin. It was designed by the US Mint sculptor Thomas D. Rogers, Sr. and represents the magnificent bald eagle with its wings outstretched soaring against the setting sun in the background. This beautiful image is surrounded by the engravings of the coin’s purity, weight, and denomination, as well as the words “United States of America.”

Proof American Platinum Eagles – the only US coins with a changing reverse design

The proof version is unique by being the only US bullion coin that changes its reverse design each year. The 1997 edition carries the same design as the bullion coin. From 1998 - 2002, the reverse side displays a bald eagle depicted on a background of different regions of the United States or a US-themed design. This program was called “Vistas of Liberty”. The 2003-2005 coins featured the bald eagle along with a Rocky Mountain pine (2003), the “America” sculpture displayed outside the NYC’s US Customs (2004), or perched on a heraldic shield (2005). 2006-2008 issues depicted a 3-year series known as “The Foundations of Democracy” representing the three branches of the US Government. From 2009 onwards, following a new six-year platinum program, the reverse images represented the core concepts of American democracy. The 2015 and 2016 Platinum Eagles depicted the “Liberty Nurtures Freedom” and “Torch of Enlightenment” designs. Proof reverse images feature the same engravings as the bullion version, along with the “W” mintmark.

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