2014-W Proof American Platinum Eagle Coin Available

by Darrin Lee Unser on October 20, 2014 · 6 comments

2014-W Proof American Platinum Eagle Coins for collectors are now available. They may be ordered directly from the United States Mint at catalog.usmint.gov for $1,600. Thanks to falling precious metals, the price is $200 less than when last year’s coin debuted.

2014-W Proof American Platinum Eagle Coin

2014-W Proof American Platinum Eagle Coin

Platinum Eagles are composed of one ounce of 99.95% fine platinum. Mintage for this year’s proof coin is limited to 15,000 with demand setting whether that amount actually gets struck.

Its release marks the last in the six-coin Preamble Series. The core principles in the preamble of the U. S. Constitution serve as the basis for the series and were inspired by narratives prepared by the Chief Justice of the United States, John G. Roberts. The first five principles celebrated in coin designs include:

2009 – To Form a More Perfect Union
2010 – To Establish Justice
2011 – To Insure Domestic Tranquility
2012 – To Provide for the Common Defense
2013 – To Promote General Welfare

2014 Proof Platinum Eagle Designs & Specifications

Struck at the West Point Mint after testing new finishes, the reverse or tails side of the 2014-W Proof American Platinum Eagle Coin is a design commemorating the concept "To Secure the Blessings of Liberty to Ourselves and our Posterity." The image offers a young Lady Liberty carrying her torch, symbolizing the hope and promise of America.

2014 Proof Platinum Eagle Coin Dies - Reverse and Obverse

Photos of 2014-W Proof Platinum Eagle coin dies

U.S. Mint Artistic Infusion Program Master Designer Susan Gamble crafted the design with sculpting completed by U.S. Mint Sculptor-Engraver Joseph Menna. It was chosen from several design candidates unveiled to the public last year.

2014-W Proof American Platinum Eagle Coin - Reverse

2014-W Proof American Platinum Eagle Coin – Reverse

The reverse also includes an American Eagle privy mark from an original coin punch identified at the United States Mint at Philadelphia. Reverse inscriptions include UNITED STATES OF AMERICA, 1 oz., .9995 PLATINUM, and $100.

2014-W Proof American Platinum Eagle Coin - Obverse

2014-W Proof American Platinum Eagle Coin – Obverse

A modern interpretation of the Statue of Liberty is seen on the obverse. The image was designed and sculpted by former U.S. Mint Sculptor-Engraver John Mercanti and has appeared on proof Platinum Eagles since their 1997 debut. Obverse inscriptions include LIBERTY, IN GOD WE TRUST and 2014.

Denomination $100
Finish Proof
Composition 99.95% Platinum
Diameter 1.287 inches (32.70 mm)
Weight 1.0005 troy oz. (31.120 grams)
Thickness 0.094 inch (2.39 mm)
Edge Reeded
Mint and Mint Mark West Point – W
Obverse Design John Mercanti
Reverse Design Susan Gamble / Joseph Menna

 

Ordering Information

Orders for the 2014-W Proof American Platinum Eagle Coin may be placed directly from the United States Ming via the coin’s dedicated online page or by calling 1-800-USA-MINT (872-6468).

Proof Platinum Eagle pricing can change weekly depending on market conditions. The current price of $1,600 is based on a weekly London Fix platinum average that sites within the $1,250.00 to $1,299.99 range.

Presentation case for the 2014-W Proof American Platinum Eagle Coin

Presentation case for the 2014-W Proof American Platinum Eagle Coin

Each coin comes packaged in a custom-designed portfolio presentation case. A copy of the associated narrative from Chief Justice Roberts is printed inside the case along with specifications for the coin and a certificate of authenticity.

Preamble Series Platinum Cons and Past Sales

To highlight their designs, here are small images of past coins from the Preamble Series:

2009-W Proof American Platinum Eagle Coin

2009-W Proof Platinum Eagle – Design by Susan Gamble

2010-W Proof American Platinum Eagle Coin

2010-W Proof Platinum Eagle – Design by Donna Weaver

2011-W Proof American Platinum Eagle Coin

2011-W Proof Platinum Eagle – Design by Joel Iskowitz

2012-W Proof American Platinum Eagle Coin

2012-W Proof Platinum Eagle – Design by Barbara Fox

2013-W Proof American Platinum Eagle

2013-W Proof Platinum Eagle – Design by Joel Iskowitz

This chart offers release dates, initial pricing, mintages and sales totals for platinum coins from the series.

Year Release Dates Prices Mintages Sales Reverse Design Themes
2009 December 3, 2009 $1,792 8,000 7,945 To Form a More Perfect Union
2010 August 12, 2010 $1,892 10,000 9,871 To Establish Justice
2011 May 26, 2011 $2,092 15,000 14,790 To Insure Domestic Tranquility
2012 August 9, 2012 $1,692 15,000 9,081 To Provide for the Common Defense
2013 August 18, 2013 $1,800 15,000 5,745* To Promote General Welfare
2014 October 20, 2014 $1,600 15,000 To Secure the Blessings of Liberty to Ourselves and our Posterity

 

*The 2013-W Proof Platinum Eagle sold out on March 12, 2014.

{ 6 comments… read them below or add one }

Mark October 20, 2014 at 5:22 pm

Looks like the price has jumped just hours after its $1600 debut to $1650. Glad I got my order in this morning!

Mage October 20, 2014 at 5:48 pm

I can’t believe it!!!!!I was in school at 12 pm eastern and was going to order one when I got out at 6pm. The price is up $50 arrggghhh! I don’t understand where the mint comes up with this crazy price action! I remember seeing their pricing grid before but now I can’t find it on the website. If what is said in the article above is true the price shouldn’t have changed. I will bite the bullet one way or another as we have all the other preamble coins and need this one to complete the set.

jim October 21, 2014 at 12:13 pm

According to the 2014 pricing grid “Pricing could vary weekly dependent upon the London Fix weekly average gold price. Pricing is evaluated every Wednesday and is modified if necessary.”

Admittedly the statement only refers to gold but the actual grid also has a column for the platinum proof coin.

So the 2014 chart shows a $400 premium over the Thurs – Wed avg which for platinum was $1266.56 on Oct 15 (the last Th-We calculation). That means the actual price of the platinum coin should have been $1650 in the first place.

Those who jumped in before the price mistake was found got a $50 bonus.

Sorry Mage, you didn’t get tricked and you’re only paying the price everybody should be paying. But $50 is $50…

And the missing price guide is an issue I have with the new website. It’s nowhere to be found and the web page that used to contain it has been deleted.

JOE #2 October 21, 2014 at 12:23 pm

http://www.coinnews.net/home/coin-news-extra/2013-pricing-tables-for-us-mint-gold-coins-and-platinum-coins/

Jim and everyone else, Here is the price grid… I liked the original site the U.S. Mint had a lot better than this one…

jim October 21, 2014 at 12:45 pm

That’s the 2013 price grid and is a copy of the mint price grid. There is a 2014 price grid but they screwed it up royally so it’s missing number ranges which makes it more difficult to read and of course it’s missing. After a quick scan the prices appear to be the same between the years though (for the platinum coin anyway).

I complained about the product schedule not containing items not yet scheduled – like the limited edition silver proof set – and a link to the complete list was eventually added (which also includes a previously unannounced $1 coin and currency set scheduled for Nov 20). So the metals grid should show up eventually I’m assuming.

JOE #2 October 21, 2014 at 12:49 pm

I see.

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