Are you familiar with the Platinum Eagle coin in West Palm Beach? Well, the first Platinum Eagle coin was issued in 1997. Initially, the coin was available in four sizes, 1/10th oz, ¼ oz, ½ oz, and 1 oz. Presently the Platinum Eagle is only available in 1 oz. Investors in West Palm Beach can include the American Platinum Eagle in their precious metals portfolio as a way to diversify their holdings.
This is the only American Eagle whose design has changed several times over the years. To this day, the 1oz Platinum Eagle coin carries a $100 face value, which is the highest value for a U.S. legal tender coin.
Facts About the Platinum Eagle
The American Platinum Eagle is the official platinum bullion coin of the United States. In 1995, Director of the United States Mint Philip N. Diehl, American Numismatic Association President David L. Ganz, and Platinum Guild International Executive Director Jacques Luben began the legislative process of creating the Platinum Eagle. After over two years of work, the 99.95% fine platinum coins were released by the United States Mint in 1⁄10, 1⁄4, 1⁄2 and 1 troy oz denominations. In late 2008, the fractional denominations were discontinued, leaving only the one-ounce denomination. The Platinum Eagle is authorized by the United States Congress, and is backed by the United States Mint for weight, content, and purity.
Furthermore, the obverse of the coin is specially designed by John Mercanti and the reverse by Thomas D. Rogers. The reverse design features an eagle soaring above America while the obverse design shows the portrait of Lady Liberty.
John Mercanti is a famous American engraver, sculptor, and he was the 12th Chief engraver of the US Mint. His partner on this coin, Thomas Rogers, is a former sculptor-engraver with the US Mint and designer of numerous U.S. coins, including the 2000–2008 reverse side of the United States Golden dollar coins and Sacagawea dollar coins.
Check Out Other Eagle Coins West Palm Beach
The Platinum American Eagle is a precious metal coin with limited mintage. If you want to know more about the Eagle Coins or any other rare or valuable coins, contact Endeavor Metals Group! They are excited to talk you through these exquisite symbols of American beauty.