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2010 Platinum Eagle Coin

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    Posted: 04 May 2010 at 07:48
Last year, a six year design series began for the collectible American Platinum Eagle. The core concepts of American Democracy as stated in the Preamble to the United States Constitution were to be presented on different reverse designs. Chief Justice John G. Roberts Jr. provided narratives for each of the concepts to serve as inspiration for the designs. This year's design will depict the principle "To Establish Justice."

Nine different candidate designs were recently provided by the United States Mint. Six of the designs presented the figure of Justice blindfolded, holding scales, and/or surrounded by other allegorical symbols or people. Two of the designs featured images from the Supreme Court building, figures on the western pediment and the panels depicting the development of law on west front doors. One more design featured the Statue of Liberty's torch.

The Commission of Fine Arts (CFA) and Citizens Coinage Advisory Committee (CCAC) have already had the opportunity to review the design candidates and make recommendations. The final selection will be up to the United States Treasury Secretary.



The CFA recommended the design depicting the torch. Their motivation for selecting the design seemed to be focused to its relation to the obverse design, which will feature an image of the Statue of Liberty. Their letter to the US Mint Director stated that they felt this design was preferable to the allegorical figure of Justice in combination with the figure of Liberty on the obverse. They did recommending moving the words "Justice the Guardian of Liberty" to flank the image.



The CCAC recommended a design depicting a blindfolded Justice holding scales and an olive branch. They did recommend that the inscription should be changed from "Justice, the Guardian of Liberty" to "To Establish Justice". They further recommended that the design should be altered so that Justice holds the scale by a loop above the beam, to be mechanically correct.

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Post Options Post Options   Quote Administrator Quote  Post ReplyReply Direct Link To This Post Posted: 29 July 2010 at 21:20
Although a formal announcement has not yet been made, the designs of the 2010 Proof Platinum Eagle were recently revealed on the United States Mint's website. The design theme is "To Establish Justice" continuing the six year series exploring the core concepts of American democracy.

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The coins will carry a maximum authorized mintage of 10,000 coins. This represents an increase from last year's level of 8,000 coins, which sold out after about a week. The household ordering limit is set at five, which matches last year's level.

The price of the one ounce platinum coins will be dependent on the average price of platinum in the week leading up to the release. Within the current range of $1,550 to $1,649.99 per ounce, the coins would be priced at $1,892 each. Last year, the coins were priced at $1,792 based on an average platinum value from $1,450 to $1,549.99 per ounce.

The release date for the 2010 Proof Platinum Eagle is currently scheduled for August 12, 2010.

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