Title:
slab 2017 Palladium Eagle PCGS MS70 FIRST STRIKE PCGS No. 653558. 70/34264039
Description:
The 2017 American Palladium Eagle was the first year the U.S. Mint issued a palladium coin, making it a key date for collectors.
Only bullion coins were produced that year, with a limited mintage of 15,000.
Mintage: 15,000 Brilliant Uncirculated bullion coins.
Release date: The coins were first offered for sale on September 25, 2017, to the Mint’s Authorized Purchasers. All coins sold out on the first day.
Mint Mark: Though the coin lacks a traditional mint mark, it was struck at the Philadelphia Mint.
Design: Both the obverse and reverse designs were created by Adolph A. Weinman.
Obverse: Features Weinman’s Winged Liberty design, which was originally used on the ”Mercury” dime from 1916 to 1945.
Reverse: Depicts Weinman’s design of a majestic eagle perched on a rock, which he originally created for the 1907 American Institute of Architects gold medal.
Coin specifications
Composition: 99.95% pure palladium.
Weight: 1.0005 troy ounces (31.120 grams).
Face Value: $25 (backed by the U.S. government).
Diameter: 34.06 mm (1.34 inches).
Edge: Reeded.
Market performance
Investor response: The 2017 Palladium Eagle was in high demand because it was the first of its kind.
Initial value: Raw coins sold for approximately $1,000–$1,100 shortly after release, while perfect-condition (MS70) examples sold for over $1,200.
Financial outcome: The U.S. Mint reported a loss of $1.3 million on the program for the 2017 fiscal year due to initial start-up costs.
Only bullion coins were produced that year, with a limited mintage of 15,000.
Mintage: 15,000 Brilliant Uncirculated bullion coins.
Release date: The coins were first offered for sale on September 25, 2017, to the Mint’s Authorized Purchasers. All coins sold out on the first day.
Mint Mark: Though the coin lacks a traditional mint mark, it was struck at the Philadelphia Mint.
Design: Both the obverse and reverse designs were created by Adolph A. Weinman.
Obverse: Features Weinman’s Winged Liberty design, which was originally used on the ”Mercury” dime from 1916 to 1945.
Reverse: Depicts Weinman’s design of a majestic eagle perched on a rock, which he originally created for the 1907 American Institute of Architects gold medal.
Coin specifications
Composition: 99.95% pure palladium.
Weight: 1.0005 troy ounces (31.120 grams).
Face Value: $25 (backed by the U.S. government).
Diameter: 34.06 mm (1.34 inches).
Edge: Reeded.
Market performance
Investor response: The 2017 Palladium Eagle was in high demand because it was the first of its kind.
Initial value: Raw coins sold for approximately $1,000–$1,100 shortly after release, while perfect-condition (MS70) examples sold for over $1,200.
Financial outcome: The U.S. Mint reported a loss of $1.3 million on the program for the 2017 fiscal year due to initial start-up costs.
Country:
United States
Year:
2017
Mintage:
15,000
Material:
Palladium
Denomination:
$25.00
Weight:
1 oz
Diameter:
34.036 mm
Edge:
Reeded
Designers:
Adolph A Weinman
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Date Added:
2018-06-08 16:57:10
Automatic Estimated Date:
2026-01-24
Date Added:
2018-06-08 16:57:10
