American Palladium Eagle
| United States | |
| Value | 25.00 U.S. dollars (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–present |
| Obverse | |
| File:2017 $25 Palladium obverse.jpg | |
| Design | Winged Liberty |
| Designer | Adolph A. Weinman (original Mercury dime) |
| Design date | 1916 |
| Reverse | |
| File:2017 $25 Palladium reverse.jpg | |
| Design | Standing eagle with upraised wings pulling a laurel branch out of a rock |
| Designer | Adolph A. Weinman (original concept for the 1907 American Institute of Architects gold medal) |
| 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 Adolph Weinman's obverse design on 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 6 with many listings selling at a $600 premium over the Mint's asking price.[3] A 2019 reverse proof version was released on September 12, 2019.[4]
Mintage figures
The mintage of the 2017 Bullion and 2018-W Proof finishes were limited to a maximum of 15,000 pieces each while the 2019-W Reverse Proof finish is limited to 30,000.[4]
| American Palladium Eagle mintage figures | |||||
|---|---|---|---|---|---|
| Year/ Mintmark |
Mintage Limit |
Mintage | |||
| Bullion | Proof | Reverse Proof |
Total | ||
| 2017 | 15,000[5] | 15,000[6] | - | - | 15,000 |
| 2018-W | 15,000[7] | - | 14,986[8] | - | 14,986 |
| 2019-W | 30,000[4] | - | - | TBD | TBD |
| 2020-W | 10,000[9] | TBD | - | - | TBD |
| 2021 | 12,000[10] | - | TBD | - | TBD |
| Total | 82,000 | 15,000+ | 14,986+ | 29,986+ | |
See also
- American 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 investment
References
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