What is a platinum proof coin?
The United States Mint pays homage to the freedoms set forth in the First Amendment with the United States Constitution Platinum Proof Coin Program. This program features a total of five coins, each struck in magnificent 99.95 percent platinum and bearing the “W” mark of the U.S. Mint at West Point.
How much is a platinum Eagle coin worth?
What is the price of Platinum American Eagle Coins today? The current ask purchase price for a Platinum American Eagle is: $1,232.70. The best reference for today’s up to date prices for Platinum American Eagle coins is above.
Are platinum coins legal tender?
As America’s first and only official platinum bullion coin, American Eagle Platinum Bullion Coins give investors an easy way to take advantage of platinum as a precious metal investment. All American Eagle Coins are legal tender coins.
Where are Platinum Eagles minted?
West Point Mint
These coins are produced at the West Point Mint in West Point and carry the mint’s “W” mark beneath the date. Proof American Platinum Eagles are the U.S.
Are platinum Eagles a good investment?
In fact, it is considered the rarest metal of all! This is due to the short supply and broad demand. For these reasons many people believe platinum offers a lucrative investment opportunity. According to the World Platinum Investment Council platinum remains heavily undervalued compared to gold and palladium.
Is there a US $100 coin?
The U.S. Mint produced its first legal tender platinum proof coin in 1997. Its $100 face value is the highest denomination for a U.S. legal tender coin. Produced for collectors, it bears the “W” mint mark of the West Point Mint, where it is produced.
Are platinum coins in circulation?
Coins have been minted from a wide variety of metals throughout the world, from precious metals like gold and silver to base metals like nickel and copper.
Will platinum go up 2021?
Similar to gold, platinum is also considered to be a safe-haven asset and is used in jewellery-making. The overall demand for platinum is expected to increase to 7.753 million ounces in 2021, up 1% from the previous year, according to the WPIC.
Is the American Platinum Eagle minted every year?
The proof American Platinum Eagles are unique in the fact that they are the only U.S. bullion coins that have a yearly alternating design. Bullion versions are minted with the same design every year.
What’s the difference between proof and proof American Platinum Eagles?
Proof versions of the coins are intended for coin collectors and sold directly to the public whereas the bullion versions are sold only to the Mint’s authorized buyers. The proof American Platinum Eagles are unique in the fact that they are the only U.S. bullion coins that have a yearly alternating design.
Are there still American Eagle one ounce coins?
However, the one ounce size platinum eagle coins continued to be minted. According to some coin advisors, the resulting low mintages of the Platinum American Eagle coins makes them an interesting investment opportunity.
Which is the official platinum coin of the United States?
American Platinum Eagle. The American Platinum Eagle is the official platinum bullion coin of the United States.