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American platinum eagles

Know about the official platinum bullion coin of the United

The Platinum American Eagle coins are the latest installment of the American Eagles Program. After years of success with the Gold American Eagle and Silver American Eagle coins, The United States Mint launched the official platinum bullion coin of the USA.

The American Eagles platinum bullion coins are convenient and cost effective way to own physical platinum in investment portfolios. Even if they have intrinsic precious metal content, these .9995 fine platinum coins have a legal tender.

American platinum eagle coins - This is the official platinum bullion coin of the United States of America. The US Mint has been manufacturing platinum American eagles since 1997.

Platinum investors and bullion coin collectors can choose among the following denominations and face values of the platinum American Eagles:

1/10 troy oz for $10 face value
1/4 troy oz for $25 face value
1/2 troy oz for $50 face value
1 troy oz for $100 face value


However, the face value of the platinum American Eagles (as with other bullion coins) is just for descriptive purposes, is not significant with the coin values.  The platinum eagle coins are struck in Philadelphia and West point branches of the US Mint.

The public law 99-61 of the United States Congress authorized the minting of the American Eagle Platinum Bullion coins. Thus, as a precious metal commodity, the platinum American eagles could be used to fund the Individual Retirement Account (IRA), a retirement plan for citizens of the United States.

 

Platinum American Eagles set - The American platinum bullions are available in $10, $25, $50, and $100 face values.

The design on the obverse (heads) side is a close-up portrait of Lady Liberty designed by John Mercanti. It also shows the mint date and the "IN GOD WE TRUST" motto.

The reverse (tails) side of the bullion platinum American eagle coins bears the American bald eagle design of Thomas Rogers. It shows an eagle soaring above the sun. The face value and purity of the platinum bullion is also struck on the reverse side.

However, the reverse design of the proof platinum American eagle coin varies annually. Like regular proof coins, the platinum Eagle proofs have a shiny field (background) and a frosted device (the eagle design). Every year, the US Mint releases a new design of the American bald eagle illustrated in different themes.


From the year 1998 to 2002, there had been a coin program called "Vistas of Liberty" struck on American platinum eagle coins with reverse proof designs. Reverse proof coins, being the opposite of proof coins, have a dull field and a shiny device.

"The Foundations of Democracy" series was issued from 2006 to 2008 to honor the three branches of the US government.

The platinum eagle coins can be purchased at the United States Mint or in other authorized dealers. The price of each platinum eagle is based on the current spot price of platinum.

 

Foundations of Democracy platinum bullion - Instead of the usual bald eagle design, this coin series depicts the three branches of the US government. Yet, it still carries the usual obverse design of the platinum eagle proof coins.

 

Related articles:

Introduction to United States coin collecting – this is a must-read article if you plan to collect coins from the USA.

Values of United States coins – do you want to know how much your US coins worth in the numismatic market? Learn about it here in this article guide.


This article is about the 1997 American eagle proof platinum coin sold in the market. And also the 2009 American Eagle platinum one ounce coin on the Red Book. American Eagle platinum proofs are collectors items. Platinum coins are good investments. Platinum eagle can be found in coin shops. $10 platinum eagle has a Liberty design. $50 platinum eagle is in display cases.
 

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 American platinum eagles