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American Palladium Eagle

The American Palladium Eagle is the official palladium bullion coin of the United States. Each coin has a face value of $25 and is composed of 99.95% fine palladium, with 1 troy ounce actual palladium weight.

Palladium Eagle
United States
Value25.00 U.S. dollars (face value)
Mass31.120 g (1.0005 troy oz)
Diameter34.036 mm (1.340 in)
EdgeReeded
Composition99.95% Pd
Years of minting2017–present
Obverse
DesignWinged Liberty
DesignerAdolph A. Weinman (original Mercury dime)
Design date1916
Reverse
DesignStanding eagle with upraised wings pulling a laurel branch out of a rock
DesignerAdolph A. Weinman (original concept for the 1907 American Institute of Architects gold medal)
Design date1907

History edit

The Palladium Eagle was authorized by the American Eagle Palladium Bullion Coin Act of 2010 which became Public Law 111-303 passed during the 111th United States Congress in December 2010[1] and signed by President Barack Obama.

The coin uses Adolph Weinman's obverse design on the Winged Liberty Head "Mercury" dime, Liberty wearing a winged hat, while its reverse design is based on Weinman's 1907 American Institute of Architects (AIA) medal design.[1][2] The Mint was directed to obtain an independent study of whether there would be enough market demand to justify the issuance of the piece; it voided its first contract for such a study on learning that the contracted firm had ties to the palladium industry.[3] The contract was re-awarded to New York-based CPM Group, which conducted the necessary research between May and July 2012.[4] On March 1, 2013, the Mint submitted a report to Congress based on the study, finding that demand would most likely not be sufficient to sustain a market in palladium bullion coins.[citation needed]

A bullion version sold directly to the United States Mint's authorized purchasers was released on September 25, 2017[5] 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 6 with many listings selling at a $600 premium over the Mint's asking price.[6] A 2019 reverse proof version was released on September 12, 2019.[7]

Mintage figures edit

The mintage of the 2017 Bullion and 2018-W Proof finishes was limited to a maximum of 15,000 pieces each while the 2019-W Reverse Proof finish is limited to 30,000.[7]

American Palladium Eagle mintage figures
Year/
Mintmark
Mintage
Limit
Mintage
Bullion /
Uncirculated
Proof Reverse
Proof
Total Sales
2017 15,000[8] 15,000[9] - - 15,000[10]
2018-W 15,000[11][irrelevant citation] - 14,986[12] - 14,986[13]
2019-W 30,000[7] - - TBD 18,775[14]
2020-W 10,000[15] TBD - - 9,742[16]
2021-W 12,000[17] - TBD - 5,170[18]
2021 [19] 8,700 8,700 - - 8,700[20]
2022-W 7,500[21] - - TBD 7,359[22]
2023-W 6,000[23] - - - TBD
Total 104,200 23,700+ 14,986+ TBD 79,724

See also edit

References edit

  1. ^ a b "American Eagle Palladium Bullion Coin Act of 2010" (PDF). Library of Congress. December 14, 2010. Retrieved 2018-02-03.
  2. ^ Unser, Darrin Lee (June 21, 2011). "American palladium eagle study phase to begin". CoinNews.net. Retrieved 2011-10-14.
  3. ^ Gilkes, Paul (February 2012). "In the News: Mint to seek new contract on palladium coin study". Coin World. Sidney, OH: Amos Press: 60.
  4. ^ Gilkes, Paul (June 28, 2012). "Mint palladium bullion coin study under way". Coin World. Sidney, OH: Amos Press. Retrieved 2023-01-24.
  5. ^ Unser, Mike (September 18, 2017). "American Palladium Eagle Bullion Coin Debuts on Sept. 25, 2017". CoinNews.net. Retrieved 2017-10-01.
  6. ^ Gilkes, Paul (September 7, 2018). "Sales of American Eagle palladium coin took five minutes to end". Coin World. Retrieved 2018-09-11.
  7. ^ a b c Gilkes, Paul. "Sales kick off for Reverse Proof 2019-W American Eagle palladium $25 coin". coinworld.com. Amos Media Company. Retrieved 2019-12-24.
  8. ^ "Introducing The 1st Palladium American Eagle. Low Mintage - 15,000 Coins". Bullion Exchanges. Retrieved 2018-08-30.
  9. ^ "Bullion Sales | U.S. Mint". www.usmint.gov. Retrieved 2019-08-20.
  10. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  11. ^ "2018 Proof Palladium American Eagles Release- Limited to 15,000 Coins!". Bullion Exchanges. Retrieved 2018-08-30.
  12. ^ "Cumulative Sales Figures | U.S. Mint". www.usmint.gov. Retrieved 2019-08-20.
  13. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  14. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  15. ^ "American Eagle 2020 One Ounce Palladium Uncirculated Coin". United States Mint. Retrieved 2020-09-09.
  16. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  17. ^ "American Eagle 2021 One Ounce Palladium Uncirculated Coin". United States Mint. Retrieved 2022-05-14.
  18. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  19. ^ "American Eagle 2021 One Ounce Palladium Bullion Issue". Retrieved 2023-09-07.
  20. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  21. ^ "American Eagle 2022 One Ounce Palladium Reverse Proof Coin". United States Mint. Retrieved 2023-01-26.
  22. ^ Unser, Darrin Lee (September 7, 2023). "2023-W $25 Uncirculated American Palladium Eagle Launch". CoinNews.net. Retrieved 2023-09-07.
  23. ^ "American Eagle 2023 One Ounce Palladium Uncirculated Coin". United States Mint. Retrieved 2023-09-07.

External links edit

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The American Palladium Eagle is the official palladium bullion coin of the United States Each coin has a face value of 25 and is composed of 99 95 fine palladium with 1 troy ounce actual palladium weight Palladium EagleUnited StatesValue25 00 U S dollars face value Mass31 120 g 1 0005 troy oz Diameter34 036 mm 1 340 in EdgeReededComposition99 95 PdYears of minting2017 presentObverseDesignWinged LibertyDesignerAdolph A Weinman original Mercury dime Design date1916ReverseDesignStanding eagle with upraised wings pulling a laurel branch out of a rockDesignerAdolph A Weinman original concept for the 1907 American Institute of Architects gold medal Design date1907 Contents 1 History 2 Mintage figures 3 See also 4 References 5 External linksHistory editThe Palladium Eagle was authorized by the American Eagle Palladium Bullion Coin Act of 2010 which became Public Law 111 303 passed during the 111th United States Congress in December 2010 1 and signed by President Barack Obama The coin uses Adolph Weinman s obverse design on the Winged Liberty Head Mercury dime Liberty wearing a winged hat while its reverse design is based on Weinman s 1907 American Institute of Architects AIA medal design 1 2 The Mint was directed to obtain an independent study of whether there would be enough market demand to justify the issuance of the piece it voided its first contract for such a study on learning that the contracted firm had ties to the palladium industry 3 The contract was re awarded to New York based CPM Group which conducted the necessary research between May and July 2012 4 On March 1 2013 the Mint submitted a report to Congress based on the study finding that demand would most likely not be sufficient to sustain a market in palladium bullion coins citation needed A bullion version sold directly to the United States Mint s authorized purchasers was released on September 25 2017 5 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 6 with many listings selling at a 600 premium over the Mint s asking price 6 A 2019 reverse proof version was released on September 12 2019 7 Mintage figures editThe mintage of the 2017 Bullion and 2018 W Proof finishes was limited to a maximum of 15 000 pieces each while the 2019 W Reverse Proof finish is limited to 30 000 7 American Palladium Eagle mintage figuresYear Mintmark MintageLimit MintageBullion Uncirculated Proof ReverseProof Total Sales2017 15 000 8 15 000 9 15 000 10 2018 W 15 000 11 irrelevant citation 14 986 12 14 986 13 2019 W 30 000 7 TBD 18 775 14 2020 W 10 000 15 TBD 9 742 16 2021 W 12 000 17 TBD 5 170 18 2021 19 8 700 8 700 8 700 20 2022 W 7 500 21 TBD 7 359 22 2023 W 6 000 23 TBDTotal 104 200 23 700 14 986 TBD 79 724See also editAmerican Silver Eagle United States silver bullion coin program America the Beautiful silver bullion coins United States silver bullion coin program American Buffalo coin United States gold bullion coin program American Gold Eagle United States gold bullion coin program American Platinum Eagle United States platinum bullion coin program Bullion Bullion coin Canadian Palladium Maple Leaf Canadian palladium bullion coin program Inflation hedge Palladium as an investmentReferences edit a b American Eagle Palladium Bullion Coin Act of 2010 PDF Library of Congress December 14 2010 Retrieved 2018 02 03 Unser Darrin Lee June 21 2011 American palladium eagle study phase to begin CoinNews net Retrieved 2011 10 14 Gilkes Paul February 2012 In the News Mint to seek new contract on palladium coin study Coin World Sidney OH Amos Press 60 Gilkes Paul June 28 2012 Mint palladium bullion coin study under way Coin World Sidney OH Amos Press Retrieved 2023 01 24 Unser Mike September 18 2017 American Palladium Eagle Bullion Coin Debuts on Sept 25 2017 CoinNews net Retrieved 2017 10 01 Gilkes Paul September 7 2018 Sales of American Eagle palladium coin took five minutes to end Coin World Retrieved 2018 09 11 a b c Gilkes Paul Sales kick off for Reverse Proof 2019 W American Eagle palladium 25 coin coinworld com Amos Media Company Retrieved 2019 12 24 Introducing The 1st Palladium American Eagle Low Mintage 15 000 Coins Bullion Exchanges Retrieved 2018 08 30 Bullion Sales U S Mint www usmint gov Retrieved 2019 08 20 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 2018 Proof Palladium American Eagles Release Limited to 15 000 Coins Bullion Exchanges Retrieved 2018 08 30 Cumulative Sales Figures U S Mint www usmint gov Retrieved 2019 08 20 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 American Eagle 2020 One Ounce Palladium Uncirculated Coin United States Mint Retrieved 2020 09 09 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 American Eagle 2021 One Ounce Palladium Uncirculated Coin United States Mint Retrieved 2022 05 14 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 American Eagle 2021 One Ounce Palladium Bullion Issue Retrieved 2023 09 07 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 American Eagle 2022 One Ounce Palladium Reverse Proof Coin United States Mint Retrieved 2023 01 26 Unser Darrin Lee September 7 2023 2023 W 25 Uncirculated American Palladium Eagle Launch CoinNews net Retrieved 2023 09 07 American Eagle 2023 One Ounce Palladium Uncirculated Coin United States Mint Retrieved 2023 09 07 External links edit nbsp Money portal nbsp Numismatics portal nbsp United States portalAmerican Eagle Palladium Bullion Coins and Proof Coins United States Mint nbsp This coin related article is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title American Palladium Eagle amp oldid 1202376221, wikipedia, wiki, book, books, library,

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