The United States Mint will start selling American Eagle palladium
coins to authorized purchasers in September, Acting Principal Deputy
Mint Director David Motl told Coin World on Aug. 1.
Motl revealed the start of sales in an interview with Coin
World senior editor Paul Gilkes at the American Numismatic
Association World’s Fair of Money in Denver.
The bullion coins will be struck at the Philadelphia Mint and like
all American Eagle bullion coins, will not have a Mint mark.
A Proof version of the coin will be offered in 2018. It will be
struck at the West Point Mint and bear the W Mint mark. It will have
same designs as the 2017 bullion version.
The peak of Olympic gold coins:
Another column in the August 14 weekly issue of Coin World also
profiles a rubber token that promotes a commonplace object we all use.
Motl told Gilkes that the bullion coins will be struck in
sufficient quantities to meet anticipated demand.
As Coin World reported previously, the coin has been a long
time coming. It was authorized under provisions of the American Eagle Palladium Bullion Coin Act of
2010, which calls for production of a 1-ounce palladium coin with
a $25 face value. The coin is an extension of the American Eagle
bullion coin program.
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Like the American Eagle gold, silver, and platinum bullion coins,
the American Eagle palladium coins will have distinctive designs, and
like the gold and silver issues, the designs will be based on earlier
designs by an artist and sculptor active in the early 20th century.
The legislation mandates the obverse design be a high-relief version
of sculptor Adolph A. Weinman’s Winged Liberty Head design for the
dime struck in 1916. The reverse is mandated to be a high-relief
version of the Eagle design Weinman rendered in 1906 for the reverse
of the American Institute of Architects’ gold medal first presented in 1907.
This is a developing story.