American Platinum Eagle Information

The American Platinum Eagle is the official platinum bullion coin of the United States. The coins were first released by the United States Mint in 1997. It is offered in 1/10, 1/4, 1/2, and 1 troy oz varieties and consists of .9995 fine platinum. The American Platinum Eagle is authorized by the United States Congress and is backed by the United States Mint for weight and content.

Proof and uncirculated versions of the coins are also made for coin collectors. The proof and uncirculated American Platinum Eagles are unique in the fact that they are the only U.S. bullion coins that have a yearly alternating design on the reverse.

Because it may be considered commodity platinum rather than a rare coin, the American Platinum Eagle may be placed in an Individual Retirement Account in the United States. Collectibles such as rare coins and dolls are forbidden from being held in such an account. Thus, the United States Securities and Exchange Commission believes that the Platinum Eagle will not appreciate beyond its metal value.

Specifications

Note: The 1/10, 1/4, and 1/2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the reverse side that indicate the weight and face value of the coin (for example, .9995 PLATINUM 1 OZ.). As is often the case with bullion coins, the face values of these coins ($10, $25, $50, and $100) are their legal values reflecting their issue and monetize value as coins. They are legal tender for all debts public and private at their face values. These face values do not reflect their intrinsic value which is much greater.

Reverse of proof coins

From 1998 to 2002, proof versions of the American Platinum Eagle carried a different reverse design under a program entitled "Vistas of Liberty". Each year a bald eagle was depicted in a different region of the United States or a United States themed design. From 2006 to 2008, a three year series of designs known as "The Foundations of Democracy" was issued to represent the three branches of government.^[1]

In 2009, the United States Mint introduced a new six-year platinum coin program. This new series explores the core concepts of American democracy by highlighting the Preamble to the United States Constitution. The themes for the reverse designs for this program are inspired by narratives prepared by the Chief Justice of the United States, John Roberts, at the request of the United States Mint.^[2]

All denominations of the proof American Platinum Eagles carry the yearly design. These coins are the only U.S. bullion coins that change reverse designs every year.

Mintage figures

See also

• American Gold Eagle
• American Silver Eagle
• Eagle (U.S. coin)
• Platinum coin

References

1. ^ 2006 Platinum Eagle
2. ^ "American Eagle Platinum Proof Coins". http://catalog.usmint.gov/webapp/wcs/stores/servlet/CategoryDisplay?catalogId=10001&storeId=10001&categoryId=10114&langId=-1&parent_category_rn=10191&top_category=10191.

External links

• United States Mint American Eagles page
• Brochure from the U.S. MintPDF (1.34 MiB)
• American Platinum Eagle Pictures

Categories: Coins of the United States | Platinum

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See Also:

• Business: Consumer Goods and Services: Jewelry: Precious Metals: Platinum
• Double Eagle
• Eagle
• Gaudens Double Eagle
• Half Eagle
• Platinum
• Platinum As An Investment
• Platinum Group