In the world of coin collecting, new releases always generate excitement, and the upcoming Proof 2024-W American Eagle palladium coin is no exception. Set to be released in early fall, this limited-edition coin has collectors buzzing with anticipation. This article will dive into what makes this coin special, its history, and why it is worth your attention.
| Feature | Details |
|---|---|
| Coin Name | Proof 2024-W American Eagle Palladium Coin |
| Metal Composition | .9995 Fine Palladium |
| Denomination | $25 |
| Maximum Mintage | 7,500 coins |
| Diameter | 34.03 mm |
| Edge Type | Reeded |
| Design Artist (Obverse) | Adolph A. Weinman |
| Design Artist (Reverse) | Adolph A. Weinman |
| First Year of Series | 2017 |
| Mint Mark | W (West Point Mint) |
| Release Date | Early Fall 2024 |
| Historical Significance | Features designs from 1916 and 1906 |
What is the Proof 2024-W American Eagle Palladium Coin?
The Proof 2024-W American Eagle palladium coin is a new addition to a series of coins produced by the United States Mint. This coin will be sold for $25 and made from one ounce of .9995 fine palladium. The maximum number of coins that can be made is 7,500, which adds to its appeal since limited-edition coins are often more desirable.
A Look Back at the American Eagle Palladium Series
The American Eagle palladium coin series started in 2017. Here’s a brief history of the different versions released so far:
- 2017 Bullion Coin: The first American Eagle palladium coin was released without a Mint mark, and 15,000 coins were sold to authorized purchasers. This marked the beginning of the series.
- 2018 Proof Coin: The Proof version was introduced on September 6, 2018. It was priced at $1,387.50, and 15,000 coins were available. Out of these, 14,986 coins were sold.
- 2019 Reverse Proof Coin: This special version had a maximum of 30,000 coins and 18,772 were sold.
- 2020 Burnished Uncirculated Coin: This version was released on September 24, 2020, with a limit of 10,000 coins. Priced at $3,000 each, all but 29 coins sold out within three days. After some returns and cancellations, the Mint reopened sales in May 2021 at a higher price of $3,550. The final count for this version was 9,740 coins.
- 2021 Standard Proof and Bullion Versions: Two different versions were offered. The Proof coin had a maximum mintage of 12,000 coins and was sold for $3,350 each. Eventually, 9,740 coins were sold. The bullion version had a limit of 8,700 coins and was available later that year.
- 2022 Reverse Proof Coin: Released with a maximum of 7,500 coins, each selling for $3,050.
- 2023 Uncirculated Coin: Available for $1,850, this version had a maximum mintage of 6,000 coins, with 5,500 already sold by the end of July 2023.
All versions of the palladium coins are marked with the “W” Mint mark, indicating they were produced at the West Point Mint in New York.
Details About the Proof 2024-W Coin
The Proof 2024-W American Eagle palladium coin will be crafted at the West Point Mint, and it features some specific characteristics:
- Diameter: 34.03 millimeters
- Edge: Reeded
- Mintage Limit: 7,500 coins
Coin Design
The designs on both sides of the coin are by American sculptor Adolph A. Weinman. These designs have historical significance:
- Obverse Design: This side of the coin features the famous “Winged Liberty Head,” which was first used on the U.S. Mint’s dime in 1916. This design marked a transition from the previous Barber dime series.
- Reverse Design: The reverse design was originally created for a gold medal awarded by the American Institute of Architects in 1907. This design captures the artistic spirit of American history.
Why Collect the Proof 2024-W Coin?
There are several reasons why collectors should be excited about this coin:
- Limited Availability: With only 7,500 coins available, collectors know that this coin will be rare, making it more valuable in the future.
- Historical Significance: The designs on the coin are steeped in history, connecting collectors to American art and numismatic traditions.
- Quality and Craftsmanship: Each coin is made from high-quality palladium, known for its beauty and durability. The Proof finish gives the coin a stunning appearance, making it a great addition to any collection.
Conclusion
The Proof 2024-W American Eagle palladium coin is more than just a coin; it represents a piece of American history, art, and craftsmanship. With a limited mintage and beautiful designs, this coin is sure to attract the attention of collectors. Whether you are a seasoned collector or just starting out, this coin is an exciting opportunity to own a unique piece of numismatic art. Keep an eye on the United States Mint for the release date and be ready to grab this limited-edition coin!
FAQs
1. What is the Proof 2024-W American Eagle Palladium Coin?
The Proof 2024-W American Eagle palladium coin is a limited-edition coin produced by the United States Mint. It contains one ounce of .9995 fine palladium and is sold for $25.
2. When will the Proof 2024-W coin be released?
The Proof 2024-W coin is expected to be released in early fall 2024. Specific dates will be announced by the United States Mint.
3. How many coins will be available?
There will be a maximum of 7,500 Proof 2024-W palladium coins available for collectors.
4. What are the designs on the coin?
The obverse features the “Winged Liberty Head” design, while the reverse showcases a design by Adolph A. Weinman from 1906, originally created for a gold medal.
5. Where is the Proof 2024-W coin minted?
The Proof 2024-W American Eagle palladium coin is minted at the West Point Mint in New York.