The Platinum Eagle was added to the American Eagle coin series by the US Mint in 1997. At the time of its introduction, American Eagle Platinum coin series consisted of a 1 oz and three fractional ounce denominations minted from .9995 platinum.
All American Eagle Platinum coins are valid legal tender for all debts, public and private at its designated face value.
The obverse design of the coin features a modern portrait of the face of the Statue of Liberty above the neck. Her right arm raised above her head. The obverse design was created and sculpted by artist and Chief Engraver John Mercanti.
The reverse of the coin shows the word "LIBERTY" inside the rim of the coin along the top. The year of mintage and the words "In God We Trust" are also incorporated into the front. The primary design on the back of the coin shows a soaring bald eagle with the sun on the horizon in the background. The purity, mintage year and legal tender face value are also included in the design. The reverse design was crafted by Thomas D. Rogers who is most well known for the reverse design of the Sacagawaea $1 coin. As a long-time artist with the US Mint he was also the designer of several coins in the America The Beautiful coin series.
Since 2009, the US Mint only issues the 1 troy ounce Platinum American Eagle coin on an annual basis. Fractional Platinum Eagles were discontinued by the Mint in 2008. With no new production of these coins scheduled, the secondary market coins are becoming rarer and premiums continue rising amongst collectors.
One Troy Ounce: The American Platinum Eagle 1 oz coin has been minted annually since 1997. The design of the coin features the face of Lady Liberty on the obverse and a soaring eagle on the reverse. These coins are minted from one troy ounce of .9995 platinum with a diameter of 32.7mm and a thickness of 2.39mm.
The 1 oz Platinum eagle has a legal tender face value of $100. All coins in the American Eagle series are eligible for inclusion in a precious metals IRA.
Random Year Platinum Eagles are a popular choice for investors as they will often have the lowest premium over today's platinum spot price.
Although these fractional platinum coins are no longer issued on an annual basis, investors and collectors can usually find a wide assortment of options in the secondary market or collectors market.
1/2 troy ounce : The American Platinum Eagle 1/2 oz Coin was produced by the US Mint from 1997 until 2008. This coin has a face value of $50.
The dimensions of the half ounce platinum eagle are 27mm in width and 1.7mm thick
Proof versions of these coins are sold directly by from the Mint with a reverse design that changes annually.
1/4 troy ounce : The quarter ounce American Platinum Eagle is a legal tender coin with a face value of $25 USD. These fractional platinum coins were minted by the US Mint from 1997 until 2008.
As a sovereign coin, the platinum 1/4 oz American Eagle coin is backed by the United States Mint for weight, content, and purity.
The diameter of the 1/4 oz Platinum Eagle is 22mm and it is 1.3mm thick.
1/10 troy ounce : The fractional tenth ounce platinum Eagle coin is the smallest weight denomination in the series. The dimensions of the coin are 16.5mm in diameter with a thickness of 0.95 mm with a reeded edge.
The American Eagle 1/10 oz Platinum Coin is popular for preppers because of its small size, unique patriotic design, high metal purity, and the guarantee and recognizability of being from a sovereign mint.
Platinum has become popular with precious metals investors looking for diversification given its characteristics as both a commodity for industrial consumption, jewelry and as store of wealth.
It's a good idea to have platinum as part of your overall plan. Buying platinum eagle coins is an excellent way to diversify your investment portfolio or stack.
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