The American Platinum Eagle is the official platinum bullion coin of the United States. The coins were initially released by the United States Mint in several sizes and denominations, but in late 2008 the fractional denominations were discontinued, leaving only the one ounce. The Platinum Eagle is authorised by the United States Congress, and is backed by the United States Mint for weight, content, and purity. The Platinum Ounce is denominated with a face value of $100, but the intrinsic value of the metal is significantly higher.
After the first year of issue, there are two versions of the coin issued annually: bullion with the "definitive" soaring eagle reverse, and a proof with a different design every year.
This coin is the third release in the five-year First Amendment to the United States Constitution Platinum Proof Coin Series, which reflects the five freedoms in the First Amendment: “Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the Government for a redress of grievances”.
This series uses the life cycle of the oak tree from seedling to a mighty oak as a metaphor for the country’s growth as a nation that values freedom. Liberty grows to a thing of strength and beauty from a seed - the Bill of Rights. Each of the freedoms enumerated in the First Amendment contributes to the growth and development of the nation.
This series continues the reverse design introduced for the 2018-2020 Preamble to the Declaration of Independence Series. It features an eagle in flight with an olive branch in its talons. |