Collector demand was so strong for the Proof 2016-W American Eagle
platinum $100 coin that the limited-edition product was placed in
"Currently Unavailable" status within the first hour of
sales June 30.
The 2016-W coin, offered by the U.S. Mint at $1,350 per coin, was
limited to a maximum mintage of 10,000 coins, with orders restricted
to one coin per household.
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The Proof 2015-W American Eagle platinum coin had a 4,000-coin
limit, which sold out the same day the coins were first offered, Dec. 3.
So is it sold out?
"Currently Unavailable," the current status of the 2016-W
coin, is explained by the Mint this way: "We are currently out of
this item, but more may be available later. Provide your email using
the 'REMIND ME' button and we will let you know when we are taking
Other notable statuses include:
Sold Out: When all inventory of products has been depleted,
taking into account cancellations and other factors.
Back Order: When products are in “Back Order” status, this
means that the product is available for sale; however, there is no
inventory in stock and a future ship date is displayed on the
The story behind the design
The coin's obverse bears a modern rendition of Liberty as
represented by the Statue of Liberty. The obverse has appeared on all
versions of the American Eagle platinum coin since the series was
introduced in 1997. John Mercanti, sculptor-engraver for the U.S. Mint
at the time, designed and sculptured the design.
The "Torch of Enlightenment" reverse design for 2016
reflects the nation's core values of liberty and freedom. The design
depicts Liberty holding a torch of enlightenment in her right hand and
an olive branch in her left to symbolize peace. The 13 olives
represent the 13 original colonies. A bald eagle with
outstretched wings appears beside Liberty.
United States Mint Artistic Infusion Program artist Paul C.
Balan executed the 2016 reverse design; it was sculpted by U.S. Mint
Medallic Sculptor Joseph F. Menna.
The 2016 coin is the second in the two-year Torches of Liberty series.
This is not the first
platinum American Eagle to fly off the shelves
All 4,000 of the Proof 2015-W American Eagle platinum $100 coins
made available on Dec. 3, 2015, were snatched up in less than 10 minutes.
That's impressive considering the coin had a $1,200 price and a
household ordering limit of just one coin.
The 2015 coin bears a reverse titled "Liberty Nurtures
Freedom," showing Liberty feeding an American bald eagle that
The 2016 coin is packaged in a custom-designed presentation case,
allowing the 2015 and 2016 coins to be displayed together.