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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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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.