The more than five-year period during which no platinum American
Eagle bullion coins were struck for sale by the U.S. Mint did
little to spark investment demand since the coin's return.
Production resumed earlier this year with the output of .9995 fine
platinum 1-ounce coins. There was no indication that the Mint will
eventually include half-ounce, quarter-ounce and tenth-ounce coins.
Before the resumption, the last platinum American Eagles struck for
sale to the Mint’s authorized purchasers (APs) were 800 half-ounce
coins in November 2008.
A respectable 10,000 of the 1-ounce coins were sold in March 2014, but that number quickly
slipped to just 1,200 coins in April. May sales reached 1,000 coins,
and only 700 were sold in June.
Through July 15, the Mint had not recorded any sales of platinum
American Eagle bullion coins.
The highest monthly sales total for 1-ounce platinum American Eagle
bullion coins was 25,000 in September 1997, the month program sales
The Mint does not sell its bullion coins directly to the general
public, but through a group of APs.
The APs purchase the American Eagle gold, silver and platinum;
American Buffalo gold; and 5-ounce silver American the Beautiful
quarter dollar bullion coins for the spot price of the metal per troy
ounce on a given day, plus a small premium.
The premium for the 1-ounce platinum American Eagles is 4 percent
over the spot price. The minimum ordering requirement is 1,000 ounces.
The APs then resell the bullion coins to the general public or to
other dealers for subsequent resale.
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