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Upcoming Release Date for the 2023 Palladium American Eagle

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The American Palladium Eagle is a palladium bullion coin issued by the United States Mint. It was authorized for production under the American Eagle Bullion Program through the passage of the American Eagle Palladium Bullion Coin Act of 2010, which was signed into law by President Barack Obama on December 14, 2010.

The obverse (front) of the coin features a high-relief depiction of the iconic “Winged Liberty” design, commonly known as the Mercury Dime design. This design was originally created by Adolph A. Weinman in 1916 and was used on the Mercury Dime until 1945. The reverse (back) of the coin showcases a detailed image of an American bald eagle perched on a rock, designed by Thomas D. Rogers.

The American Palladium Eagle has a face value of $25, indicating its legal tender status in the United States. It contains one troy ounce of .9995 fine palladium, making it a pure investment-grade palladium coin.

Its mintage levels vary from year to year, with production numbers announced by the United States Mint annually. The annual mintage figures are published regularly and aggregated in our Palladium Eagle Mintage History Chart.

For 2023, the US Mint has decided to release only the Burnished Palladium Eagle with an uncirculated finish. The coin is minted at the West Point Mint and is geared towards collectors. According to the Mint, no bullion version will be available this year.

The American Palladium Eagle is popular among both collectors and investors. Its unique design, high purity, and limited mintage contribute to its desirability. Palladium is a precious metal with various industrial uses, and the demand for palladium has grown over the years due to its applications in technology, automotive catalytic converters, and other industries.

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American Palladium Eagles Mintage Chart

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American Palladium Eagle

The American Palladium Eagle is the United States Mint’s official palladium bullion coin. Palladium is a precious metal that is part of the platinum group family. It has the appearance of a soft silver-white metal and is the least dense of all platinum group metals.

The 1 troy ounce coin is minted with .9995 pure palladium.

The effigy portrait on the obverse is a beautifully sculpted portrayal of Lady Liberty as the “Winged Liberty”. A design that first appeared on the Mercury Dime.

The reverse portrays a determined eagle pulling a branch from a rock with his beak. Inscriptions are shown indicating the metal, purity and face value.

The series debuted in 2017. The first issue was released with a bullion finish. A proof finish version followed in 2018. In 2019, a highly sought after reverse proof stunned collectors. A burnished version was available to investors in 2020. In 2021, the mint produced the proof finish for the second time. The reverse proof returned in 2022.

For 2023, the mint has announced a limited release uncirculated (burnished) coin is expected to be released in the fall.

Mintage amounts in each year are significantly lower than other precious metal bullion coins. Investors that are looking for the best deal can often find random year Palladium Eagles at the lowest price.

Mintage YearMintage Amount
2017-W15,000
2018-W Proof14,986
2019-W Reverse Proof18,772
2020-W9,740
2021-W Proof8,700
2022-W Reverse Proof6,404
2023-W * TBD
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CombiBars for Every Budget

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1 ounce Combibar gold bar

The CombiBar from Valcambi is probably the single most most practical bullion investment.

The CombiBar is a unique bullion bar that is designed to be easily divisible into smaller, fractional bars that are simple and easy to break apart with your hands.

These bars are precision manufactured in Switzerland and available in all of the major precious metals categories such as silver, gold, platinum and palladium.

Silver Combibars are available in two variations, both contain 100 grams of .999 fine silver. The 10×10 gram Combibar is easily divisible into up to ten 1/10 oz fraction of an ounce. While the 100×1 gram splits into one hundred one gram fractional bars.

The dealer premiums for silver Combibars are higher than comparable weight generic bullion. However, the overall markup and out-the-door price is generally lower than buying separate fractional pieces of similar weight. On occasion, some dealers have been known to offer discounted premiums on combibars beyond the normally offered quantity savings.

Gold Combibars are minted in a few additional sizes that are ideal for stacking. Each of the various weights in gold combibar series are just slightly thicker than a credit card at only 0.85mm thick and can be stored safely practically anywhere.

The largest gold Combibar contains 100 grams of .9999 fine gold and is designed to be easily divided into one hundred 1 gram gold bars. Premiums for 100 gram gold Combibars are comparable to similar sized sovereign mint solid gold bars.

Each comes encapsulated into a protective case that includes a printed assay card with matching signature. The tamper-proof plastic assay holder is designed to be durable and provides protection through uncertain conditions.

The other sizes that are available are the 50 gram and 20 gram weights.

The newest edition to product lineup is the 1 oz gold combibar. This divisible gold bar is perfect if you prefer measuring with this metric and is easy to split into up to ten fractional gold bars in any tenth of an ounce.

The smallest of the gold Combibars is minted in limited quantities as is uniquely shaped like a 5-point star gold bar.

For PGM investors, the platinum and palladium have all of the same design characteristics are the others in the series.

Valcambi Suisse is a large Swiss-based refinery and private mint offers a one-of-a-kind product line that is tailored to investors preparing for uncertain economic conditions.

It’s safe to say that with the economy heading in the wrong direction buying Combibars of any size makes for a practical investment to help with some financial security for when you need it most.

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South Africa Economy on Verge of Collapse, Brink of Civil War Resulting from Ongoing Blackouts

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An energy crisis has led to recurring power outages throughout South Africa as Eskom, the government owned electricity provider, continues to intentionally cut power to customers resulting from breakdowns of multiple power generating plants.

The ongoing rolling blackouts are some of the worst the country has experienced in many years causing factories, refineries, mines and other businesses to remain closed. The country’s president declared a state of disaster earlier this month.

The blackouts are effecting everything from traffic lights, water purification, internet connectivity and food availability.

Government officials are concerned that additional failures of the power grid could lead to widespread rioting and outbreaks of violence which could lead to a civil war.

Residents are concerned for their safety even at home as thieves and looters target homes without power.

The US Embassy in Pretoria has issued an advisory for Americans living in South Africa to “maintain 72 hours’ worth of supplies at home by stockpiling non-perishable food, three litres of drinking water per person per day, and medicines and first aid supplies”.

The ongoing blackouts have been ongoing for weeks and have created a SHTF scenario for many people even though the country is very rich in natural resources.

Roughly 77% of South Africas electricity is generated by coal generators.

The RAND refinery, the largest in the country, is reportedly operating at only 75% due to shutdowns of mines resulting from the power outages.

The largest exports are precious metals, particularly gold and platinum and other PGMs, which account for upwards of $25 billion. Reports from Reuters suggest that Platinum Group Metal exports, which includes rhodium and palladium, could be down as much as 15% or more this year.

South Africa is the largest producer of platinum group metals to the world, followed closely by Russia. The reduction in output will impact global supplies and markets as demand for these metals remains high.

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Moscow World Standard Driven by Corruption in the LBMA

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Gold reserves are a key component of central banking and are pivotal to the backing of and supporting a country’s currency, both for its domestic economy and foreign trade.


For decades, Russia has been increasing their gold reserves and central bank holdings.

The reported amounts of gold held in reserves have varied depending on the source.

The amount of gold actually held inside Fort Knox has been question asked by Congress many times. The answer is always the same. That’s classified.


Recent economic sanctions against Russia includes a ban from participating in the London Bullion Market Association (LBMA),  a global clearinghouse and trading association for large bullion transactions.


As early response to the economic war waged by the NATO allies, Russia began a program to buy gold from citizens in exchange for Rubles, effectively returning to a partial gold-standard.

The gold for Rubles program also helped to stabilize the value of the Russian Ruble in the international currency and exchange markets like FOREX.

The latest strategic move by Russia in the fight against the economic sanctions, Russia’s Finance Minister has announced that they will introduce a new “Moscow World Standard” as a new alternative to the LBMA.

According to Finance Minister Anton Siluanov, the Moscow World Standard is an attempt to stabilize and normalize the functioning of the precious metals industry.

Russia has positioned the new Moscow World Standard as an alternative to the London Bullion Market Association (LBMA) whose credibility in the eyes of the world leaders has been rocked in recent years due to a number of scandals involving price manipulation.

The most recent scandal involves the criminal conviction of Michael Nowak, a prominent LBMA Board member who was outsted from his role with the LBMA following his arrest in 2019.

Nowak was also a top executive at JP Morgan Chase.

In his leadership role as the Managing Director of the Precious Metals Trading Desk, a key position overseeing global trading operations which led to billions in profits to both JP Morgan Chase’s top and bottom lines.

Nowak was charged under the RICO Act. The government had enough hard evidence to support a case that Nowak was the kingpin in charge of a wide-spread criminal organization operating inside the JP Morgan Chase for almost a decade.

Numerous other executives from inside the JP Morgan Chase Precious Metals Group have also been convicted or have pled guilty for their roles and received reduced sentences in exchange for their testimony against the others.

Separate, but Related criminal investigations against other bullion trading banks and trading practices have led to guilty pleas and massive fines in recent years.

Ample evidence exists to support the Russian position that the LBMA and members of the organization have been involved in widespread fraud, price manipulation and exploitation at all levels. The reality is that this type of corruption can and does have long-term effects on the ebbs and flows of the economies in many smaller countries where precious metals are mined, but also some of the other elements such as Lithium, Cobalt and Magnesium which are considered essential and “critical elements” for current battery technology.

Many of the smaller BRICS countries already look to China and Russia for guidance, leadership and assistance on many financial policy decisions due to long-standing and established trading relationships and other international treaties that exclude many NATO countries. As many leaders from these countries have likely encountered difficulties when working within the confines of the system set forth by the LBMA Board of Directors.

Russia has been suggesting greater transparency to some degree for leaders of BRICS nations, many of whom have significant mining operations that are controlled through large private banks and companies affiliated with the LBMA.

https://www.zerohedge.com/markets/jp-morgan-gold-trading-boss-former-lbma-board-member-found-guilty-us-jury
https://www.bullionstar.com/blogs/ronan-manly/lbma-board-member-jp-morgan-managing-director-charged-with-rigging-precious-metals/

https://www.sprottmoney.com/blog/The-Convicted-Criminals-of-JP-Morgan-Craig-Hemke-August-16-2022

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Monument Metals and Provident Metals Offering High Buy Back Prices on 2018 Proof Palladium Eagle Coins

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The US Mint is releasing the 2018 1 oz Proof Palladium Eagle coins on its website on September 6, 2018 at the retail price of $1,387.50.

Bullion distributors have had limited access to purchase the coin through wholesale channels with the mint event though demand for the coin has been high.

Two major dealers are offering to buy the coin from purchasers at $100 over the retail price.

The announcements from both Provident Metals and Monument Metals came Wednesday.

In an email sent by Monument Metals they describe the purchasing and buy back process.

For both dealers it is necessary to notify them with the purchase information. They will provide a pre-paid shipping label which you will place over the shipping label from the US Mint without opening the package.

The process is described in more detail in this email sent by Monument Metals.