US Platinum Coin Mintage – The Basics And Where To Buy

There are a few different US platinum coin mintages to choose from. Gold and silver American Eagle coins started being minted in 1986. Because of the boom in interest for the metal platinum, the mint began creating US platinum coins starting in 1997.

They now make and sell the American Platinum Eagle. The design on the obverse of the rendition of the Statue of Liberty. And, the reverse design of the coins is a soaring bald eagle against the rising sun. There are US platinum coin mintage sets that are proof sets and uncirculated versions. These are meant for coin collectors which featured rotating reverse design from different kinds of artists.

Getting to know the US platinum coin mintage, here are the four denominations of the American Platinum Eagle. Each coin has different weight as well as legal tender face value.

• 1 ounce = $100 face value
• 1/2 ounce = $50 face value
• 1/4 ounce = $25 face value
• 1/10 ounce = $10 face value

Here are some of the current market prices for the different coins:

2007 $1000 AMERICAN PLATINUM EAGLE NGC CERTIFIED PF 70 ULTRA CAMEO PROOF COIN    US $299.95

1999 $1000 AMERICAN PLATINUM EAGLE NGC CERTIFIED PF 70 ULTRA CAMEO PROOF COIN    US $299.95

1998 $1000 AMERICAN PLATINUM EAGLE NGC CERTIFIED PF 70 ULTRA CAMEO PROOF COIN    US $389.95

2006 $2500 AMERICAN PLATINUM EAGLE NGC CERTIFIED PF 70 ULTRA CAMEO PROOF COIN    US $795.00

2002 $2500 AMERICAN PLATINUM EAGLE NGC CERTIFIED PF 70 ULTRA CAMEO PROOF COIN    US $695.00

2007 American Eagle 10th Anniversary Platinum ½ Oz $50 2 Coin Set Proof Reverse    US $2,050.00

1998 W American Eagle Platinum 4 coin Proof Set REDUCED    US $4,750.00

1997 W American Eagle Platinum 4 coin Proof Set    US $4,650.00

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The bullion and the proof set coins issued from 1997-2008 and the 2006-2008 uncirculated coins offered four denominations to each kind. In 2009, only the one ounce denomination for proof sets was issued.

The US platinum coin mintage does not allow the platinum bullion coins to be sold directly to the public market just like with gold and silver coins. The US mint sells it to a network of already authorized buyers who are large scale dealers which already have a steady two way market. This means the buying and selling of the coins to the public market.

Although when the first series of platinum eagle coins began, the US platinum coin mintage wanted to sell proof sets of coins to the general public. Thus, bypassing coin dealers. Each denomination of this platinum eagle coin was for sale individually or as part as four piece coin proof set.

In 1997, the US platinum coin mintage marketed the special “Impression of Liberty” proof set which contained one ounce proof gold, silver and platinum Eagle coins. In 1998, the series of the changing reverse designs that were done annually were used for platinum eagle sets. By 2006 to 2008 the US platinum coin mintage was now offering uncirculated versions of the platinum eagle coins straight to the public.

Why is this kind of coin is so important for dealers and collectors alike? For one this American Platinum Eagle coin are the only bullion coins that are guaranteed by the US Government. They are guaranteed in terms of content, purity and weight.

If you need an update of the US platinum coin mintage, you can get monthly and yearly updates on the web, keep posted with that general statistics of the coins you are watching out for.

Of course since this is an investment you should keep up with the trade and market that is ever changing through time. It may be an increase or a decline for your investment. Knowing the status of your assets will keep you abreast with what you should do and look after to make good profits as you venture on.

More Information

American Paltinum Eagle - Wikipedia

American Eagle Bullion Coins for Investors - USMint.gov