American Palladium Eagle

Palladium Eagle
United States
Value 25.00 U.S. dollar (face value)
Mass 31.120 g (1.0005 troy oz)
Diameter 34.036 mm (1.340 in)
Edge Reeded
Composition 99.95% Pd
Years of minting 2017 (bullion)
2018 (proof)
Obverse
Design Winged Liberty
Designer Adolph A. Weinman
Design date 1916
Reverse
Design Standing eagle with upraised wings pulling a laurel branch out of a rock
Designer Adolph A. Weinman
Design date 1907

The American Palladium Eagle is the official palladium bullion coin of the United States. Each coin has a face value of $25 and contains 99.95% fine palladium. It was authorized by the American Eagle Palladium Bullion Coin Act of 2010 which became Public Law 111-303[1] passed during the 111th United States Congress. The Palladium Eagle uses the same obverse design as the Mercury dime, Liberty wearing a winged hat, while its reverse design is based on Weinman’s 1907 American Institute of Architects (AIA) medal design.[2]

A bullion version sold directly to the United States Mint's authorized purchasers was released on September 25, 2017[2] and a proof version priced at $1,387.50 was released on September 6, 2018. Both offerings were met with a strong response; the 2017 bullion version sold out the day of release and within five minutes, sales of the 2018 proof version were suspended pending verification of the existing 14,782 of 15,000 maximum orders. Secondary market sales for the proof version were also strong on September 6th with many listings selling at a $600 premium over the Mint's asking price.[3]

Mintage figures

The mintage of the 2017 Bullion and 2018-W Proof finishes were limited to a maximum of 15,000 pieces.

Year Bullion Proof Total
2017[4] 15,000 - 15,000
2018-W[5] - 15,000 15,000
Total 15,000 15,000 30,000

American Eagle Palladium Bullion Coins - United States Mint

References

  1. ↑ "American Eagle Palladium Bullion Coin Act of 2010" (PDF). Library of Congress. December 14, 2010. Retrieved February 3, 2018.
  2. 1 2 "American Palladium Eagle Bullion Coin Debuts on Sept. 25, 2017". CoinNews.net. September 18, 2017. Retrieved October 1, 2017.
  3. ↑ "Sales of American Eagle palladium coin took five minutes to end". Coin World. Retrieved 2018-09-11.
  4. ↑ "Introducing The 1st Palladium American Eagle. Low Mintage - 15,000 Coins". Bullion Exchanges. Retrieved August 30, 2018.
  5. ↑ "2018 Proof Palladium American Eagles Release- Limited to 15,000 Coins!". Bullion Exchanges. Retrieved August 30, 2018.
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