2016 American Eagle Platinum Bullion Coin | New Coin Releases

Category Archives: 2016 American Eagle Platinum Bullion Coin

Purchase your NGC First Day of Issue bullion Platinum Eagles!

Certified 2016 Bullion Platinum American Eagles

Certified 2016 Bullion Platinum American Eagles

Now available for purchase at MCM!

This year, numismatists around the world were waiting eagerly for the official release of the bullion Platinum Eagle coin. After a year’s gap in the series, the 2016 bullion platinum release rapidly sold out at the U.S. Mint. However, ModernCoinMart has them in-stock and available for purchase.

Platinum is a scarce metal that has a high demand, partially due to its industrial purposes. As #5 in the world for platinum mining, the U.S. oftentimes has to rely on importing platinum. This leaves little room for coin production, and could possibly influence the gaps in the Platinum Eagle coin series.

2016 $100 1 oz. American Platinum Eagle NGC MS70 First Day of Issue

2016 $100 1 oz. American Platinum Eagle NGC MS70 First Day of Issue

The last bullion Platinum Eagle, which was produced in 2014, had a limited mintage of only 16,900 coins. With so little available, and with the demand constantly increasing, you’ll have to act quickly to secure the coins you need for your collection.

Each bullion Platinum Eagle has been struck from 1 Troy oz. of .9995 fine platinum and carries a $100 denomination. The obverse design, created by John Mercanti, depicts the Statue of Liberty as if she was looking into the future.

ModernCoinMart is proud to offer 2016 Platinum Eagle bullion coins certified by the Numismatic Guaranty Corporation (NGC) in MS69 and MS70 condition with the First Day of Issue designation. As your leader in bullion and numismatics, they have sent out many coins to NGC to be certified. After hundreds of coins were submitted for grading, only a very small number of them have achieved the highest grade, MS70.

Because collectors are rapidly adding these coveted MS70 releases to their collections, they urge you to claim your 2016 Platinum Eagle bullion coins today.

These coins won’t last long – order your certified Platinum Eagles before they fly away for good!

Order Graded 2016 Bullion Platinum Eagles NOW!

Pre-order 2016 American Platinum Eagle Bullion coins now

2016 American Platinum Eagle Bullion

Pre-Order: 2016 American Platinum Eagle Bullion

After a two year wait, the American Platinum Eagle Bullion coin series has finally been issued again! ModernCoinMart (MCM) is proud to offer you the opportunity to pre-order the new 2016 American Platinum Eagle!

Read the MCM article on why you should purchase bullion Platinum Eagles.

This bullion coin series has had several large gaps in its production, first from 2008-2014, and then again in 2015. Unlike silver and gold, not much platinum is available in the U.S. for the production of coinage. Demand for platinum is actually quite high for industrial purposes and the United States is only the 5th largest producer of Platinum. Much of the platinum used in the US must be imported leaving little US mined platinum for coins.

2016 $100 1 oz. American Platinum Eagle GEM BU

2016 $100 1 oz. American Platinum Eagle GEM BU

This bullion American Platinum Eagle coin will only be struck as a 1 troy oz. coin in .9995 fine purity. Each coin will feature the standard bullion Platinum Eagle design. This design is an obverse created by John Mercanti that shows the Statue of Liberty in a design dubbed ”Liberty looking to the future.” The reverse was created by Thomas D. Rogers Sr. and it depicts an ”Eagle soaring above America.” Both of these designs have been used on bullion Platinum Eagles since 1997 – the year they were first produced.

You can purchase the new bullion Platinum Eagle in single quantities, which are protected by mylar flips, or in rolls from the US Mint. Coins certified by the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS) will be available soon.

Working on an American Platinum Eagle collection? In addition to the exciting new 2016 Bullion Platinum Eagles the 2016 Proof Platinum Eagles are now back in-stock at MCM! After a lightening quick sell-out from the US Mint MCM has scoured the secondary market to find more coins and can now offer both NGC and PCGS certified PF69 and PF70 coins. Quantities are limited!

While no mintage figure has yet been declared by the U.S. Mint for the bullion Eagles, they have stated that there would only be one production run in 2016. Many speculate that allocation amounts will be very limited for bullion dealers. Act now to secure the coins you need for your collection!

Pre-order Your 2016 American Platinum Eagle Coins!

2016 American Eagle Platinum Bullion Available to Authorized Purchasers on July 25

WASHINGTON – The United States Mint announced today that it would begin sales of the 2016 American Eagle Platinum Bullion Coin to Authorized Purchasers under an allocation process on July 25, 2016. The coins will be available until inventory has been exhausted.

The coin’s obverse was designed and sculpted by former United States Mint Chief Engraver John Mercanti, featuring a “Portrait of Liberty” depicting Lady Liberty looking toward the future. The coin’s reverse was designed and sculpted by former United States Mint Sculptor-Engraver Thomas D. Rogers, featuring an eagle soaring above America. Inscriptions are “UNITED STATES OF AMERICA,” “1 OZ.,” “.9995 PLATINUM,” “$100,” “2016,” and “IN GOD WE TRUST.”

The Mint sold 16,900 platinum bullion coins in 2014, the first time the coins had been offered since 2008.

Congressionally authorized American Eagle Platinum Bullion coins provide investors with a convenient and cost effective way to add physical platinum to their investment portfolios. The American Eagle Platinum Bullion coin is available only in the one troy ounce, $100 denomination. As with the American Eagle Gold and Silver Bullion coins, the Mint does not sell American Eagle Platinum Bullion coins directly to the public. The Mint, as with other sovereign mints, distributes these bullion coins through a network of wholesalers, brokerage companies, precious metal firms, and participating banks, a network known as Authorized Purchasers.

This method provides for the creation of an effective and efficient two-way distribution, which maximizes the availability of the coins in retail markets as well as major investment markets. American Eagle Platinum Bullion coins are sold based on the current market price of platinum, plus a small premium to cover minting, distribution, and marketing costs.