US Mint Resumes Minting One-Ounce American Eagle Platinum Bullion

[WASHINGTON] – In response to customer feedback, the United States Mint has resumed production and sales of one-ounce platinum bullion coins. The coins will be available for purchase March 10.

As with American Eagle Gold and Silver Bullion Coins, American Eagle Platinum Bullion Coins will be available for purchase from the United States Mint Authorized Purchasers. Authorized Purchasers consist of major coin and precious metals dealers, brokerage companies, and other participating financial intermediaries.

"We listened to our customers and are pleased to once again offer platinum bullion," said United States Mint Deputy Director Richard A. Peterson. "Thanks to the hard work of our team, the West Point facility has begun striking platinum bullion coins for the first time since 2008."

As was the case in 2008, United States Mint Authorized Purchasers will be charged a four percent premium over the prevailing price of platinum. The one-ounce coin carries a $100 face value.

The obverse design of the platinum coins is former United States Mint Sculptor-Engraver John Mercanti's "Portrait of Liberty," and the reverse design is Mint Sculptor-Engraver Thomas D. Rogers Sr.'s "Soaring Bald Eagle."

Under 31 U.S.C. § 5112(k), the Secretary of the Treasury is authorized to mint and issue platinum bullion coins and proof platinum coins in accordance with such specifications, designs, varieties, quantities, denominations, and inscriptions as the Secretary, in the Secretary's discretion, may prescribe from time to time.

This is a guest article. The thoughts and opinions in the piece are those of their author and are not necessarily the thoughts of the Certified Collectibles Group.