First minted in 1997, the American Platinum Eagle is the official platinum bullion coin of the United States, as well as the country’s only investment-grade platinum coin. Containing one troy oz of .9995 fine platinum, all American Platinum Eagle Coins are fully backed by the U.S. government for content, purity, and weight.
Besides being an excellent investment vehicle, these are prestigious coins that will instantly elevate any collection. The design is visually breathtaking, featuring the Statue of Liberty on the obverse and a soaring eagle on the reverse. Like gold, silver, and palladium American Eagle coins, this platinum version is a timeless piece of American history to treasure and keep in the family for generations.
Platinum possesses many unique properties that make it an irreplaceable metal in many industries, with its use in producing catalytic converters for automobiles being especially noteworthy. Buying American Platinum Eagle Coins now is a prudent choice as industrial demand rises and supply diminishes.
Platinum is an extremely rare, finite resource. So there’s a strong chance that those who buy American Eagle coins now will be rewarded for their foresight in the future. Because platinum’s spot price is more volatile than gold, it presents an exciting opportunity to watch the charts and buy at a low price. Every portfolio should contain at least a small percentage of platinum, and we’re bringing you the highest quality platinum products at competitive prices.
Endeavor Metals is a trusted precious metals dealer that brings more than 50 years of in-house experience to the table. Our products are backed by a seven-day, 100% money-back guarantee, even if the platinum market has a downturn.
If you have any questions, we invite you to contact us for a free consultation with a qualified precious metals specialist. We’ll always do our best to accommodate requests for specific dates, but each coin is limited to the current supply we have on hand. Browse our platinum numismatics if you’re seeking a specific coin for your collection. Diversify your portfolio with American Platinum Eagle Coins to own assets with substantial room to grow in value.
When you buy American Eagle coins made from platinum, you’re purchasing a coin that’s 99.95% pure, also known as .9995 fine or “three nines fine.”
For example, a 1 oz coin contains exactly one troy oz of pure platinum. The remaining .05% consists of an unspecified alloy that’s added for durability.
All American bullion coins are guaranteed by the U.S. government for content, weight, and purity.
When weighing precious metals, the troy oz is the standard unit of measurement. A troy oz refers to 31.1 grams, while a standard oz weighs 28.35 grams.
Platinum American Eagles are minted in four sizes/denominations:
The 1 oz coin has the highest face value of any American legal tender coin ever produced.
When you buy American Eagle coins, it’s important to recognize that the face value is symbolic and doesn’t reflect the coin’s true intrinsic worth. Platinum coins have face values so that they’re classified as legal tender, which allows them to be transported across borders without incurring tariffs or taxes.
Buying bullion coins in bulk reduces each individual coin’s premium (markup).
Bullion coins cost slightly more than the metal’s current spot price for the same reasons virtually all other products are sold at higher prices than the intrinsic worth of their raw materials. Expenses include manufacturing, refining, distribution, processing, authentication, and storage.
Platinum numismatic coins may also cost more than the spot price because of their rarity, condition, and market demand.
In the United States, all physical precious metals, including American Platinum Eagle Coins, are classified as capital assets, specifically collectibles. However, capital gains taxes only apply if you sell more than one year from the date of purchase.
Yes, American Eagle Platinum Coins are included on the list of IRA-allowable precious metals alongside other popular platinum coins, such as Canadian Platinum Maple Leafs and Australian Platinum Koalas.
Attempting to time the market is largely a matter of luck, especially with platinum. Platinum is more volatile than gold, silver, and palladium, so it can be difficult to predict its next move. Pay attention to the daily price charts, and order your American Platinum Eagle coins when you feel like the price won’t go any lower.
Or, if you’re planning a larger investment, consider dollar-cost averaging. With this approach, you purchase precious metals in smaller increments over time. That way, your overall average cost isn’t as affected by price movements.