1 oz American Platinum Eagle Coin
The 1 oz American Platinum Eagle Coin is a platinum bullion coin produced by the United States Mint. Known for its 99.95% purity, precise weight, and iconic design, it has become a favorite among both seasoned investors and new buyers of precious metals.
As part of the official American Eagle series, the coin carries a face value of $100, making it the highest denomination for any U.S. coin. However, its true value is tied to the global platinum market, typically ranging between $1,000 and $1,300.
History of the American Platinum Eagle
The American Platinum Eagle was introduced in 1997, following the success of the American Eagle series of gold and silver coins. These coins were designed to provide a reliable investment vehicle for those seeking exposure to precious metals like platinum.
The series was established under the guidance of the United States Mint, with the first coins produced at the West Point Mint. Today, the American Platinum Eagle holds a prominent place in the investment portfolios of collectors and investors worldwide.
Unique Features
Purity and Composition
The 1 oz American Platinum Eagle Coin is made from 99.95% pure platinum, ensuring its status as a premium investment-grade coin. Each coin is crafted to meet exacting standards of weight and purity, making it a trusted choice among investors.
Design Elements
The obverse of the coin features a striking image of Lady Liberty, created by artist John Mercanti. This design symbolizes freedom and American democracy, emphasizing the nations enduring values.
On the reverse, the coin often showcases a bald eagle in flight, representing strength and resilience. Some years feature special designs that explore themes like governance and liberty, offering collectors unique and highly sought-after options.
Why Invest in American Platinum Eagles?
Stability and Value
Platinum is a scarce precious metal, making it an appealing investment during periods of rising prices. The American Platinum Eagle Coin offers not only intrinsic value but also the security of being a legal tender coin backed by the federal government.
IRA-Eligibility
A key advantage of American Eagle platinum coins is their eligibility for Individual Retirement Accounts (IRAs). Their compliance with all requirements for retirement accounts makes them an exceptional choice for long-term investment, combining the benefits of platinum ownership with the security of a retirement portfolio.
Buying and Storing American Platinum Eagles
Buying from Reputable Dealers
Purchasing 1 oz Platinum Eagle coins from trusted sources ensures the authenticity and quality of your investment. Look for dealers that provide guarantees and certifications, such as OWNx, a platform known for its secure and transparent precious metals transactions.
Storage Options
Proper storage is key to maintaining the value of your investment. Options include home safes, bank deposit boxes, or
