American Eagle Platinum Coins
Coins proven to be one of the most valuable assets investors can add to a retirement portfolio.
Main Features
- .9995 fineness
- Backed by U.S. Government
- Minted to bullion standard
- Eligible for Precious Metals IRA
- Obverse design changes each year
About American Eagle Platinum Coins
The American Eagle Platinum Coin is the most widely-traded bullion in its class in the world. And it’s easy to see why. Not only are the American Eagles made from .9995 fine platinum but it also boasts a beautiful design that, for the proof versions, changes annually. Platinum is a rare metal, more so than gold, making it highly sought after by investors. The coin is guaranteed by the U.S. Government, and its high purity level means it is also eligible for placement in Precious Metals IRAs.
History of American Eagle Platinum Coins
Work started on the American Eagle Platinum Coin in 1995, and the first coins were minted in 1997. Ever since its release over two decades ago, it has been the only platinum coin from the United States Mint that is investment-grade. It was the next in the series following the American Eagle gold and silver bullion coins that were introduced in 1985 and 1986 respectively. The coin is guaranteed by the U.S. Mint for content, weight, and .9995 fineness.
Proof versions of the coin are made for collectors, and these are the only bullion coins produced by the United States Mint to warrant design changes on the reverse. A number of different programs or themes have been introduced over the years. From 1998 to 2002, the “Vistas of Liberty” theme displayed variations of a bald eagle flying over different landscapes. From 2006 to 2008, the theme was “The Foundations of Democracy,” and in 2009, a six-year series was introduced depicting scenes from the Preamble to the United States Constitution.
Why buy American Eagle Platinum Coins?
Platinum is popular with investors in any form, whether coin, bar, or round, because it is a very rare precious metal that has a high value. Only a few hundred tons of this dense metal are produced each year, making it a highly prized investment.
Platinum is also used in industry because it is a strong metal that is resistant to corrosion, and it is essential for many industrial projects and specialist equipment such as catalytic convertors. During times of growth and stability, platinum is often more expensive than gold. But during less certain times, the price can decrease as demand in industry goes down. Overall, American Eagle Platinum Coins are an excellent option for investors who want a more rounded portfolio of precious metals.
Design of American Eagle Platinum Coins
The design of the coin, like the other American Eagle coins, represents freedom and patriotism in the United States, which is part of what makes these coins so popular. The elegant design of the obverse displays the Statue of Liberty, and this has remained the same since the coin’s release. The reverse on the proof versions of the coin is changed every year. Up until 2002, it showed a depiction of an eagle, and since then an important feature of American democracy has been depicted each year.
The coins are available in various denominations starting at 1/10 troy oz and going up to 1/4 troy oz, 1/2 troy oz, and 1 troy oz. These have a face value of $10, $25, $50, and $100 respectively, but the intrinsic value of the coins is a lot higher.
American Eagle Platinum Coins: IRA Investment
American Eagle Platinum Coins are eligible for placement in Precious Metals IRAs as secure investments. Their .9995 purity qualifies them as IRS-approved bullion that meets the minimum quality requirements stipulated by US law, and the coins are guaranteed to meet these requirements by the United States Mint. In addition, the coins can be considered commodity platinum rather than rare coins, so they are not expected to appreciate more than their metal value.
Adding real platinum to an IRA adds diversification, making it a wise investment choice. Platinum’s value varies independently of fluctuations in bonds and stocks. It is also very rare, more so than gold and silver. The high appeal for collectors also makes these coins more liquid as investors recognize their value.
See our collection of eligible IRA coins and bars
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