Comments on: 2018-W Proof American Platinum Eagle Depicts ‘Life’ and Launches Today (Updated)

By: Dan

Dan — Wed, 07 Feb 2018 17:10:52 +0000

why did the price on the platinum coin not drop? Price of platinum is below $1000 now, when do prices get updated for precious metal products

By: chuck

chuck — Wed, 31 Jan 2018 22:20:04 +0000

Received today nice coin.

By: Millhouse

Millhouse — Mon, 29 Jan 2018 17:56:48 +0000

Chuck,

The plan is to have both but I wouldn’t hold my breath. It’s going to depend on how many blanks the mint can secure for both the proof and bullion coins. At this point I would bank on the proof coming out in the fall but not sure if/when the bullion will come out.

I’m in for both though, as I feel this is perhaps the most beautiful coin the mint has ever produced. It blows away the platinum and silver eagles and the gold eagle would be first if it weren’t for the eagle on the reverse. I’ve never been a fan of that eagle. The palladium eagle is my new favorite coin. I will be purchasing this coin every year going forward.

By: chuck

chuck — Mon, 29 Jan 2018 14:26:55 +0000

Seth Riesling,
Millhouse,
Tinto,
Mike Unser,
Do you know whether there will be a 2018 palladium bullion coin issued by the mint? A collectors one apparently will be sold in the “fall”.
Wonder too what the mintage might be. Any word on this?
Will it be a repeat of the 2015 platinum eagle when no bullion coins were made and less than 4,000 proofs were sold.
Hope the mint will limit the HH limit to one at the start and have a “fair” number made.

By: Joe Brown

Joe Brown — Mon, 29 Jan 2018 07:03:13 +0000

If i’m wrong, then i’m wrong, but i cannot help but think, every since Mr. Moy left town, there’s been nothing but insider trading going on, Moy bow’d out gracefully for a nice job, but is that ”real” reason why?

By: Tinto

Tinto — Mon, 29 Jan 2018 06:37:43 +0000

@Seth Riesling

It seems like the inmates have been running the Mint since Moy left and no one replaced him for 7 years …

By: Tinto

Tinto — Mon, 29 Jan 2018 06:32:01 +0000

Wondering why the Mint couldn’t have just issued a proof Palladium coin first in 2017 .. I mean they had such a paltry production in the first place. .. 15,000 .. and I think they struck it in high relief probably took extra care to do it .. so why did they give the AP’s first crack at it, other than to give them more opportunity to make more money off the collector who would want to have the first year’s issue and with a great design and a small production run ..

By: Millhouse

Millhouse — Mon, 29 Jan 2018 03:19:29 +0000

Chuck,

I completely agree with you on the ATB coins. I was one of the, I don’t know how many, trying to get them from the dealers and it was the dealers that were ripping off the collectors/investors. One dealer had the audacity to force me to purchase a random year American Eagle in order to purchase one ATB coin back in 2010. I reported that dealer but it makes no difference. They all get away with murder at our expense. Not sure the mint can do anything about shady dealers.

I actually don’t think the mint had time to produce a 2017 proof palladium eagle since the bullion was released so late. The bullion version usually comes first except for platinum, not sure why. And how about the mint’s initial price on the ATB coins at $279 each? Really???? $279 for 5oz of silver in a cardboard collectors box. They should be ashamed of themselves. I thought only gas stations price gouge. Oh well this is what our hobby has become.

By: chuck

chuck — Mon, 29 Jan 2018 01:08:49 +0000

Finally, at least the mint did do collector ATB the first year in 2010. Sad they failed on the palladium one!

By: chuck

chuck — Sun, 28 Jan 2018 22:05:22 +0000

Millhouse,
The point is the Palladium coin (2017 bullion) was the first (palladium coin) issued by the mint. In my opinion, a proof should have been issued first. Also, if my memory is correct, the study they conducted indicated the mint might turn a “profit” on the proofs but not on bullion ones. (So, why not the “proof” first?! Certainly with the mints mark up on proofs versus bullion coins they would have made more!)
As to the bullion dealers remember what the mint had to do to them when the first 5 oz ATB came out in 2010? All I’m saying is when there is a “first” it would be nice if the mint remembers collectors first.
Yes, one could have picked one up at a somewhat “fair” price; but collectors should be remember too. There will always be a missing year for the collector palladium coin!