The American Palladium Eagle is the official palladiumbullion coin of the United States. Each coin has a face value of $25 and is composed of 99.95% fine palladium, with 1 troy ounce actual palladium weight. It was authorized by the American Eagle Palladium Bullion Coin Act of 2010 which became Public Law 111-303 passed during the 111th United States Congress. The Palladium Eagle uses Adolph Weinman‘s obverse design on the Mercury dime, Liberty wearing a winged hat, while its reverse design is based on Weinman’s 1907 American Institute of Architects (AIA) medal design.
A bullion version sold directly to the United States Mint‘s authorized purchasers was released on September 25, 2017 and a proof version priced at $1,387.50 was released on September 6, 2018. Both offerings were met with a strong response; the 2017 bullion version sold out the day of release and within five minutes, sales of the 2018 proof version were suspended pending verification of the existing 14,782 of 15,000 maximum orders. Secondary market sales for the proof version were also strong on September 6 with many listings selling at a $600 premium over the Mint’s asking price. A 2019 reverse proof version was released on September 12, 2019.
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