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The IRA-eligible American Palladium Eagle is a US Government-issued and guaranteed palladium coin with .9995 purity that was first issued in 2017 bearing a $25 face value.
The year 2018 marked an exciting and unprecedented opportunity for coin collectors worldwide: the release of the 1 oz Palladium American Eagle coin — the very first proof palladium coin in the history of the US Mint.
A bullion version of the same coin was first released in 2017, a watershed release that heralded the first occasion on which a US Mint coin was ever struck from palladium, as well as the first time the coveted high-relief style was used for a coin of any metal other than gold.
Needless to say, the Mint has stepped up again in 2018 and in 2019, and the demand for the new Proof Palladium American Eagle is all but certain to skyrocket as a result.
Each coin contains one ounce of .9995 palladium. The obverse side of the coin features a high-relief likeness of Winged Liberty — first seen on the obverse side of the Mercury Dime coin, designed by world-renowned designer Adolph A. Weinman. In keeping with the original coin, the inscriptions read Liberty, In God We Trust, and year. The reverse side design features a high-relief version of the 1907 American Institute of Architects Gold Medal design, a striking aquiline image of the noble eagle atop his leafy perch, also by Weinman. Inscriptions on the reverse read Unit, $25, 1 oz. Pd (the chemical symbol for palladium), .9995 Fine, and E Pluribus Unum.
Each Palladium Eagle coin is packaged in a gray leatherette case with a beautiful satin lining and is accompanied by a Certificate of Authenticity.
The American Eagle Palladium Bullion Coin Act of 2010 paved the way for this new palladium version of the beloved American Eagle coin series (which had not been updated since 1997). The act called for a $25 coin of an appropriate size and thickness, as determined by the Secretary, that weighs 1 troy ounce and contains .9995 fine palladium.
The legislation authorizes the Treasury Secretary to issue two versions of the coin: the uncirculated and the proof versions, with only the proof version legal to produce at the West Point Mint, raising its potential value considerably.
Given that the 2017 version sold out the very day of its release, and that sales of the 2018 Palladium Eagle coin had to be suspended as the maximum 15,000 order was reached in record time, rest assured that the market for secondary sales will be a frenzied one.
In short, if there were ever a bigger no-brainer of a coin to buy for a coin collector, we’ve never seen it — and we would probably know.
Remember the coin is guaranteed with a Certificate of Authenticity from the US Mint, and any coin bought from Midas Gold Group will always come to you in immaculate condition straight from the mint itself.
Palladium American Eagles are very hard to find and very expensive. However, as Midas Gold Group, we have limited supplies available for our clients and are always replenishing our inventory. Coins purchased from Midas Gold Group always come in immaculate condition as if directly from the mint itself.
Standard shipping time is 1–7 business days.
# | Specification | Value |
---|---|---|
1 | Denomination | $25 |
2 | Finish | Uncirculated |
3 | Composition | .9995 fine palladium |
4 | Diameter | 1.3402 inches (34.04 mm) |
5 | Weight | 1.0005 troy oz (31.12 g) |
6 | Edge | Reeded |
7 | Design | |
8 | Mint | US Mint |
9 | Years of Mintage | Since 2017 |
10 | IRA Eligible | Yes |
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