For Immediate Release: 1/27/2017
Bullion Exchanges announces the new 2017 Platinum American Eagles – soon to be released by the US Mint
In 2017, the US Mint will celebrate 20 years since the very first issue of the Platinum American Eagle coin. With this vicennial anniversary, the mint decided to set an earlier release date for this year’s BU edition of this coin. The mint’s authorized buyers have been announced that it can start making preliminary orders for the latest 2017 1 oz. Platinum American Eagle Coins beginning with January, 23rd. This well known coin is already available for pre-order on Bullion Exchanges and is expected to be shipped starting from February, 6th.
The US Mint did not disclose the exact number of allocated bullion coins. However, it’s estimated to as high as 20,000 pieces since the order size of each authorized purchaser will be accepted by the mint based on its 2016 purchase. Although in its official letter the mint states that it “may offer additional quantities for release later in 2017”, it is still uncertain if it will release another batch of coins if the initial offering stock runs out.
Order the newest edition of the legendary Platinum American Eagle from Bullion Exchanges today!
The official US platinum bullion coins, the Platinum American Eagles are a huge hit on the bullion marketplace. The US Mint first issued the platinum coin of this renowned program in 1997. Even though the platinum series didn’t reach the same production volume as the gold and silver versions, these collectibles quickly became a treasured must-have. This year, the mint commemorates the 20th anniversary since the introduction of the coin, making the 2017 piece a sought-after addition for any collector.
The reverse design of the BU Platinum Eagle coin is the same since its debut, unlike of the proof version which changes each year. The independent artist Thomas D. Rogers, Sr., also former sculptor-engraved of the US Mint, created this beautiful image representing the majestic bald eagle with its wings outstretched while soaring against the rising sun. The image is framed by the engravings of the coin’s weight and purity, as well as “$100” and “United States of America”.
During their mintage history, the coins have been struck with various finishes and sizes, being produced at the US Mint’s Philadelphia and West Point branches. The 1 oz. Platinum Eagle consists of .9995 fine platinum, has a face value of $100 and is legal tender and backed by the US Government. ½ oz., ¼ oz., and 1/10 oz. fractional Platinum Eagles had the same purity, being issued for the last time in 2014.
John Mercanti, the talented artist and former US Mint’s Chief Sculptor-Engraver designed the obverse side of this coin, being also the creator of the silver version and various other US coins. The image represents the face of the Statue of Liberty gazing with confidence into the future, encircled by the inscriptions “2017”, “Liberty”, “In God We Trust” and “E Pluribus Unum”. It is called the modern concept of the “Portrait of Liberty” and has been used both for brilliant uncirculated and proof Eagles since the introduction of the program.
The US Mint issued the previous two 1 oz. BU Platinum Eagle coin batches on a limited basis, 14,000 pieces in 2014 and 20,000 pieces in 2016, and all of them got quickly out of stock. Moreover, the 2014 releases were the first one offered after the production and sales of Platinum Eagles were suspended in 2008. The mint didn’t issue any coins in 2015 since it was looking for platinum blank suppliers. The US Mint doesn’t sell these iconic coins directly to the public. The Platinum Eagles are instead purchased by a network of approved buyers, so the first batch of this year’s edition is expected to sell out quickly.
Grab the first 2017 Platinum American Eagle pieces!
Bullion Exchanges is one of the largest and most reliable Precious Metals Retailers & Dealers in NYC Diamond District Area. We ensure you a fast, pleasant and secure retail and online shopping experience. Come and visit us in the heart of Manhattan, and browse our broad collection of high-quality bullion, made from gold, silver, palladium, and platinum, as well as rhodium – an exclusive offer.
You can order the new 2017 Platinum American Eagle by phone, at 800.852.6884, or online, at BullionExchanges.com. We offer free US shipping on all orders over $75 USD. Or, purchase this legendary coin by visiting our retail store located in NYC at 32 West 47th Street, Booth 41-46 (NY 10036), open Monday-Friday, from 9am-5pm EST.