Platinum American Eagles - Coin Community Forum

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Author	Replies: 3 / Views: 1,502
drummerben New Member United States 1 Posts	Posted 07/31/2012 7:15 pm Hi there, Just looking for some opinions if it makes sense to try and get the Platinum Eagles coming out next week. Do you think the price will rise significantly because of the low mintage limits? Report this Post to the Staff

basebal21 Bedrock of the Community 13014 Posts	Posted 07/31/2012 10:15 pm The biggest price swings youll see are the change of the metal value unless you have a slabbed 70. That said though they are beautiful coins Report this Post to the Staff
paulmaritz Valued Member 75 Posts	Posted 12/01/2014 01:56 am Can anyone tell me why mintage of the $10 platinum proof coins was stopped in 2008? Thanks. Edited by paulmaritz 12/01/2014 02:19 am Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12277 Posts	Posted 12/01/2014 09:24 am @paulmaritz: It was a combination of increasing platinum spot prices and decreasing sales. The Mint decided to stop production of all its fractional platinum Eagles after 2008. When the program was launched in 1997, platinum was under $500 an ounce and sales of all sizes of the coins were fairly strong. In 2008, the spot price was knocking on the door of $2,000. This drove many collectors away from the series. Sales of each denomination of the coins amounted to ~5,000 or less in 2008. With such low sales volumes, the Mint decided to continue the series with just one coin â€" the one ounce version. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
	Replies: 3 / Views: 1,502

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