The United States Mint updated the online product page for this year’s proof American Platinum Eagle, adding ordering and mintage limits, images and other release details.
Sales of the 1-ounce .9995 fine platinum coin begin on June 30, 2016 at noon Eastern Time. The mintage at 10,000 coins is two and a half times higher than the companion piece from 2015, which sold out within 7 minutes of its release on Dec. 3. The ordering limit of one coin per household matches last year.
Proof Platinum Eagles feature annually changing reverses with groupings of themed designs that run for several years. The latest design series, titled Torches of Liberty, lasts for only two years and is representative of the nation’s core values of liberty and freedom. The 2015-dated coin carries the first design and is titled Liberty Nurtures Freedom. (See photos of the 2015 Proof Platinum Eagle.)
Created by Paul C. Balan and sculpted by Joseph Menna, this year’s design shows Liberty holding a torch of enlightenment in her right hand and an olive branch in her left to symbolize peace. A bald eagle with its wings out-stretched appears to the side.
Obverses of all platinum American Eagles share John Mercanti’s depiction of the Statue of Liberty. Also unchanged through the years is where they are made, with the West Point Mint striking them to diameter of 1.287 inches with a thickness of 0.094 inches.
For more information about the 2016-W $100 Proof American Platinum Eagle, visit the coin’s online product page. Its starting price will be set on the day before its release and based on the prevailing trend of the platinum as it relates to the Mint’s pricing grid for precious metals coins.