Platinum American Eagle Proof Set

Platinum American Eagle Proof Set

From 1936 the US mint started minting coin proof sets. They started with nickel, silver shifted to gold and slowly today they are minting even in platinum. Most of the people buy all these metal or bullion products for investment purposes. Platinum American Eagle Proof Set is a good way of investing money.

Appearance

The first Platinum American Eagle Proof Set was minted in 1997. It was engraved by United States mint sculptor-engraver Mr. John Mercanti. The obverse of this coin had Lady Liberty which is symbol of vigilance and faithfulness towards the duty. The words "Liberty" and "˜In God We Trust" were embossed on it. On the reverse side it had male eagle. In 2007 to celebrate 10th anniversary of the platinum eagle series the US mint minted one proof coin and one enhanced proof coin. This was the first time the mint gave importance to the reverse proof. The sale of this special proof coin ended in 2009.

History

A coin proof set is a set which is specially prepared and polished in a die. It is hand polished for a final touch. They are struck for two to three times to get the finer look. These coins are not to be circulated. They are meant for the collectors and investors. The ePlatinum American Eagle Proof Set has 4 coins in it. All of them had "W" as a mint mark. W stands for West Point. All the uncirculated coins of American eagle in gold, silver and platinum has been minted here.

Value & Demand

Platinum American Eagle Proof Set is usually minted in limited quantity. It require higher production cost due to extra efforts, labor and fine quality. Price of these coins are higher than all the other single coins. Many users buy a single coin to collect a set of those coins. They are sold by the US mint directly or through their authorized dealers. Due to heavy demand all the 2009 proof coins are sold out in a few days after they came into the market. Coin collectors and investors wait for the US mint announcements regarding the date of these coins sets. Today platinum is the most expensive metal. Many people buy this set as a matter of investment which they can use at the time of crisis. Because of the rarity of the Platinum American Eagle Proof Set coin proof sets, you can get any of the old set for the higher price than that of the current market price of the platinum.

*An Official Certificate of Authenticity accompanies each American Eagle Silver Proof coin.

* Pictures are an indication only, price of coins are applicable for dates of our choice

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