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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 - including the quarter ounce, 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 Quarter Ounce is denominated with a face value of $25, but the intrinsic value of the metal is significantly higher. After the first year of issue, there were two versions of the coin issued annually: bullion with the "definitive" soaring eagle reverse, and a proof with a different design every year. American Eagles are popular with investors in the US because they are "IRA approved" - meaning that they can be included in an "Individual Retirement Account" (IRA) which can allow the investor to claim tax benefits when the coins are sold at a profit through a discounted tax rate on the capital gains. In 1997 alone, which is when the range was introduced, all coins had the same design. | |||||||||
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Royal Mint |
Variety | Proof, West Point Mint | |
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Images |
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Mintage | Issued: 18,628 (included in total) | |
Details | The 1997-W proof coin has the W mint mark of West Point between the sun's rays on the reverse. Issued individually boxed in a black velvet booklet-style folder with a Certificate of Authenticity, or in a four-coin set. | |
In Set |
1997 American Eagle Proof Platinum Four-Coin Set, mintage unknown
4 coins: 1997-W 1 oz Platinum, 1997-W 1/2 oz Platinum, 1997-W 1/4 oz Platinum, 1997-W 1/10 oz Platinum |
Coins in the American Eagle range issued in 1997 include:
- 1 oz Platinum ($100), American Platinum Eagle 1997
- 1/2 oz Platinum ($50), American Platinum Eagle 1997
- 1/4 oz Platinum ($25), American Platinum Eagle 1997
- 1/10 oz Platinum ($10), American Platinum Eagle 1997
- 1 oz Gold ($50), American Gold Eagle 1997
- 1/2 oz Gold ($25), American Gold Eagle 1997
- 1/4 oz Gold ($10), American Gold Eagle 1997
- 1/10 oz Gold ($5), American Gold Eagle 1997
- 1 oz Silver ($1), American Silver Eagle 1997
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Royal Mint |
Country | United States |
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Currency | US Dollar |
Coin Type | Platinum Quarter Ounce - American Eagle |
Issued | 1997 |
Symbol | Statue of Liberty Bust |
Reverse | American Eagle |
Face Value | 25 (x Dollar) |
Total Mintage | 45,728 |
Current | Yes |
Material | 0.9995 Platinum |
Designer | Thomas D. Rogers, John M. Mercanti |
Technology | Milled (machine-made) |
Shape | Round |
Orientation | Coin Alignment (Axis 6) |
Size | 22.0000 mm |
Thickness | 1.3200 mm |
Mass | 7.7800 g |
OCC ID | YRVP-EVRC-MXZK-EDQG |
Image | Details |
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1997 1/4 oz American Platinum Eagle BU
Copyright: APMEX Source |
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1997 1/4 oz American Platinum Eagle BU
Copyright: APMEX Source |
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1997-W 1/4 oz Proof American Platinum Eagle
Copyright: APMEX Source |
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1997-W 1/4 oz Proof American Platinum Eagle
Copyright: APMEX Source |
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1997-W 1/4 oz Proof American Platinum Eagle
Copyright: APMEX Source |
Source | Reference ID |
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Krause, Standard Catalog of World Coins | United States KM# 284 |