Platinum Eagle (United States)
|
Edge:
| Reeded
|
Composition:
| 99.95% Pt
|
Years of Minting:
| 1997–present
|
Common Obverse
|
|
Design:
| Liberty looking to the future
|
Designer:
| John Mercanti
|
Design Date:
| 1997
|
Non-Proof Reverse
|
|
Design:
| Eagle soaring above America
|
Designer:
| Thomas D. Rogers
|
Design Date:
| 1997
|
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 versions of the coins are also made for coin collectors. The proof American Platinum Eagles are unique in the fact that they are the only U.S. bullion coin that has 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.
Additional recommended knowledge
Specifications
1/10 troy oz coin
|
Diameter:
| 16.5 mm
|
Thickness:
| 0.95 mm
|
Weight:
| 0.1001 troy oz (3.112 g)
|
Face value:
| $10
|
1/4 troy oz coin
|
Diameter:
| 22.0 mm
|
Thickness:
| 1.32 mm
|
Weight:
| 0.2501 troy oz (7.780 g)
|
Face value:
| $25
|
1/2 troy oz coin
|
Diameter:
| 27.0 mm
|
Thickness:
| 1.75 mm
|
Weight:
| 0.5003 troy oz (15.560 g)
|
Face value:
| $50
|
1 troy oz coin
|
Diameter:
| 32.7 mm
|
Thickness:
| 2.39 mm
|
Weight:
| 1.0005 troy oz (31.120 g)
|
Face value:
| $100
|
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 purely symbolic and do not reflect their intrinsic value. They are still by all means legal tender, however legal debate persists with respect to its value in terms of "income".
Reverse of proof coins
Beginning in 1998, proof versions of the American Platinum Eagle began a program entitled "Vistas of Liberty". Each year a new design is used on the reverse that portrays a bald eagle in a different region of the United States or a United States themed design. 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.
Year | Design | Description | Engraver
|
1998 | | Bald Eagle flying over New England and rocky beach town with light house; full moon in sky | Thomas D. Rogers, Sr.
|
1999 | | Bald Eagle flying above Southeastern Wetlands and alligator crawling in a primordial swamp | Al Maletsky
|
2000 | | Bald Eagle flying above Midwestern field, barn and house | Al Maletsky
|
2001 | | Bald Eagle flying above giant Saguaro cacti of the Southwest (specifically Arizona) | Thomas D. Rogers, Sr.
|
2002 | | Swooping Bald Eagle and a lake bordered by snowcapped mountains and trees in the Northwestern US | Al Maletsky
|
2003 | | Bald Eagle perched on a Rocky Mountain pine branch against a backdrop of the United States Flag | Al Maletsky
|
2004 | | Engraving inspired by the Daniel Chester French sculpture titled "America" outside the U.S. Customs House in New York City. | Donna Weaver
|
2005 | | American Bald Eagle perched on a heraldic shield with symbols representing America’s strength and beauty | Donna Weaver
|
2006 | | | Donna Weaver
|
2007 | | | Phebe Hemphill
|
Mintage figures
Non-Proof Coins
Year
| $10 – 1/10 oz.
| $25 – 1/4 oz.
| $50 – 1/2 oz.
| $100 – 1 oz.
|
1997
| 70,250
| 27,100
| 20,500
| 56,000
|
1998
| 39,525
| 38,887
| 32,419
| 133,002
|
1999
| 55,955
| 39,734
| 32,309
| 56,707
|
2000
| 34,027
| 20,054
| 18,892
| 10,003
|
2001
| 52,017
| 21,815
| 12,815
| 14,070
|
2002
| 23,005
| 27,405
| 24,005
| 11,502
|
2003
| 22,007
| 25,207
| 17,409
| 8,007
|
2004
| 15,010
| 18,010
| 13,236
| 7,009
|
See also
- American Gold Eagle
- American Silver Eagle
- Eagle (U.S. coin)
- Platinum coin
United States currency and coinage |
---|
Topics | Federal Reserve System · Federal Reserve Note · U.S. dollar · U.S. Mint |
---|
Current coinage | Cent (penny) · Nickel (5¢) · Dime (10¢) · Quarter dollar · Half dollar · Dollar |
---|
Paper money | $1 · $2 · $5 · $10 · $20 · $50 · $100 · Larger denominations |
---|
See also | Bicentennial coinage · Commemoratives · Confederate dollar · Fake denominations · Obsolete denominations · Coin production · In God We Trust |
---|
|