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Cryptocurrency News Articles
2024-W $25 Proof American Palladium Eagle Now Available from the U.S. Mint
Sep 06, 2024 at 12:01 am
American Palladium Eagles were authorized by Congress under Public Law 111-303. The legislation specifies that each year's numismatic finish must differ in a significant way from the previous year's, "to the greatest extent possible."
The United States Mint will begin releasing several new products this month, starting with the 2024-W $25 Proof American Palladium Eagle, set to launch today, March 1.
This Palladium Eagle is struck from one ounce of 99.95% palladium and serves as the numismatic version to its bullion counterpart, similar to its American Eagle predecessors in gold, platinum, and silver. It features a proof finish, noted for sharp reliefs, where mirror-like backgrounds meet frosted, sculpted details, creating a striking cameo effect.
Collectors also appreciate the coin’s designs, featuring Adolph A. Weinman’s Winged Liberty on the obverse (heads side) and an eagle design on the reverse (tails side), adapted from his 1907 American Institute of Architects Gold Medal. Both are struck in high relief.
American Palladium Eagle Series
American Palladium Eagles were authorized by Congress under Public Law 111-303. The legislation specifies that each year’s numismatic finish must differ in a significant way from the previous year’s, "to the greatest extent possible." In accordance with this directive, the U.S. Mint has released the following Palladium Eagles, with sales figures as listed:
The pricing of the coins has also varied significantly since their introduction. For instance, the 2018-W Proof American Palladium Eagle launched at $1,387.50, while the 2022 reverse proof debuted at a striking $3,050.00. In contrast, last year’s uncirculated Palladium Eagle was introduced at $2,150.00.
Palladium Eagle Designs and Specifications
As previously noted, Adolph Weinman’s artistry is featured on both sides of the coin, as required by Public Law 111-303. This includes his "Winged Liberty" design, which first appeared on the 1916 Mercury dime, on the obverse, and an eagle image adapted from the 1907 American Institute of Architects Gold Medal on the reverse.
On the obverse, Winged Liberty is surrounded by the inscriptions "LIBERTY," "IN GOD WE TRUST," "2024," and Weinman’s distinct initials. A "W" mintmark indicates the coin was produced at the West Point Mint.
The eagle on the reverse is accompanied by the inscriptions "UNITED STATES of AMERICA," "$25," "1 OZ. Pd (the chemical symbol for Palladium) .9995 FINE," and "E PLURIBUS UNUM."
American Palladium Eagle Specifications
Price and Ordering
The 2024-W Proof American Palladium Eagle is available for ordering directly from the U.S. Mint through its palladium product page.
The coin is priced at $1,900, with an initial household order limit of 10 and a maximum mintage of 7,500. Its price may adjust weekly according to the Mint’s precious metal pricing matrix, with the current price based on an average palladium value per ounce falling within the $950.00 to $999.99 range.
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