Appearing as the third proof issue from the Perth Mint of Australia in its internationally acclaimed Australian Koala Gold Coin Series is the 2010 Koala Gold Proof Coin.
Koalas have long appeared as an iconic symbol for Australia along with their other famous marsupial, the kangaroo. Together, the creatures have graced strikes of the Perth for years, but the Proof Koala Gold Coin only made its debut in 2008. That year, an image of a cuddly koala sitting on a tree branch with its young clinging to its back was featured on the coin.
It took just over a week for it to happen. The US Mint has sold out of the 2009 American Eagle Platinum Proof Coins, exactly as had been predicted by many numismatic resources.
Released at Noon Eastern on Thursday, December 3, 2009, the Platinum Eagles were limited to a mintage of only 8,000. Over 7,200 of those sold in the first few days, even with a household order limit of 5 pieces in place. The US Mint sold just 4,769 of the one ounce proof coins during all of last year.
Collectors interested in obtaining an Eagle still have the opportunity to sign up for a waiting list, according to a statement on the order page at the US Mint's website:
Waiting List Notice: The number of orders we have taken meets the maximum limit for the 2009 American Eagle One Ounce Platinum Proof Coin. You may still place an order for this product, which will go on a waiting list. If a product becomes available due to an order cancellation, we will fulfill orders from the waiting list on a first-in, first-served basis. We cannot provide information about your position on the waiting list.
2009 American Eagle Platinum Proof Coins launched on Thursday, Dec. 3. By Sunday, sales reached 7,207 of the maximum 8,000 allotted according to the latest US Mint report on current coin purchases. A sell out appears imminent, and is only a matter of time.
The price tag for the 99.95 percent pure, one ounce platinum eagle is currently set at $1,792.00, with an order limit in place of 5 per household. While the price may seem high for a modern collectible with a premium of some $350 over the current spot of platinum, it is a bargain when considering the 2008 issue price of $2,299.95.
Platinum Eagles have not been available from the US Mint all year and, and as it announced in October, no bullion versions will be struck until at least 2010.
Also, there are no uncirculated versions and no fractional one-half, one-quarter and one-tenth ounce sizes -- these were discontinued when the Mint reshaped its numismatic product line in Nov. 2008.
These facts help explain the increased demand, and faster selling pace. The US Mint sold just 4,769 of the one ounce proof coins last year.
The US Mint today released the 2009 American Eagle Platinum Proof Coin at an inaugural issue price of $1,792.
The coins each contain 99.95 percent pure platinum, are limited to a maximum mintage of 8,000 and have a order limit in place of five per household.
The 2009 Platinum Eagle features a new reverse or tails side design emblematic of the principle "To Form a More Perfect Union," the first of six principles of American democracy found in the Preamble to the United States Constitution.
This year's theme depicts the diversity of the nation with four faces on the left looking towards the right, hair and clothing weaved together. The weaving completes a circle where within the concept is inscribed. It was designed by Susan Gamble and sculpted by Phebe Hemphill.