1 oz American Platinum Eagle
The American Platinum Eagle is the official platinum bullion coin of the United States — one troy ounce of .9995 fine platinum, struck by the U.S. Mint since 1997 and backed by a $100 face value. It is the most recognized platinum coin in the U.S. market. This page covers what the coin is, how platinum differs from gold and silver, and what to know before you buy or sell.
Gold Silver Crypto buys and sells 1 oz American Platinum Eagles. Call or text for current availability or to get a quote on coins you want to buy or sell.
Images are for educational/reference use and may not represent current inventory.
Coin Specifications
| Metal | Platinum |
| Weight | 1 troy oz (31.1035g) |
| Purity | .9995 fine |
| Mint | U.S. Mint |
| Country | United States |
| First minted | 1997 |
| Face value | $100 USD (legal tender) |
About the American Platinum Eagle
The 1 oz American Platinum Eagle has been produced by the U.S. Mint annually since 1997. It contains one troy ounce of .9995 fine platinum and carries a face value of $100, making it legal tender in the United States.
The obverse features a portrait of the Statue of Liberty by John Mercanti. The reverse design has evolved over the years — early issues depicted a soaring bald eagle, while later series introduced rotating themed designs celebrating aspects of American democracy and ideals.
The Platinum Eagle is the only U.S. Mint platinum bullion coin and one of the few government-issued platinum coins that meets IRS requirements for a self-directed precious metals IRA. It is the benchmark product in the U.S. platinum coin market and is recognized by dealers nationwide.
Our Take
Platinum is a different market than gold or silver. The price is driven by both investment demand and heavy industrial use — particularly in automotive catalytic converters — which makes it more sensitive to economic cycles than gold. When industrial demand softens, platinum can underperform; when supply tightens, it can spike quickly.
The Platinum Eagle is the right coin to own if you want platinum exposure in a government-backed, IRA-eligible format with strong dealer recognition in the U.S. It is not as globally liquid as gold coins, but most reputable dealers know and trade it.
Premiums on platinum coins tend to run wider than on gold or silver coins because the market is thinner. Factor that into your cost basis when buying.
Gold Silver Crypto buys and sells 1 oz American Platinum Eagles. Call or text for a current quote on either side.
Frequently Asked Questions
The price changes daily with the platinum spot market. The Platinum Eagle contains exactly one troy ounce of .9995 fine platinum, so the minimum value is current spot price plus a dealer premium. Call or text Gold Silver Crypto for a current quote.
Gold Silver Crypto buys and sells 1 oz American Platinum Eagles in Utah Valley. Call or text (385) 442-9636 for current pricing and availability on both sides.
The obverse features a portrait of the Statue of Liberty designed by John Mercanti, along with the inscriptions 'LIBERTY,' 'IN GOD WE TRUST,' and the year. The reverse design has changed over the years — early issues featured a soaring eagle, while more recent issues have used a series of themed reverses. The $100 face value and 'E PLURIBUS UNUM' also appear on the coin.
Platinum is rarer than gold and has historically traded above gold at various points. Its price is driven by both investment demand and industrial demand — platinum is heavily used in automotive catalytic converters and other industrial applications. This industrial demand makes platinum prices more volatile than gold. Platinum is a smaller, thinner market, which means premiums can be wider and liquidity can be tighter than gold or silver.
Yes. The 1 oz American Platinum Eagle meets the IRS fineness requirement of .9995 fine for a self-directed platinum IRA. It is one of the few platinum coins that qualifies. Talk to your IRA custodian before purchasing for an IRA.
Utah exempts investment-grade precious metals from sales tax. A 1 oz American Platinum Eagle purchased in Utah should not be subject to sales tax. Confirm with your dealer at the time of purchase.
Bullion Platinum Eagles are investment coins struck for platinum content and sold through authorized dealers at spot plus a standard premium. Proof Platinum Eagles are collector coins produced with polished dies and a mirror finish, sold by the U.S. Mint at a higher price. They do not trade the same way at a dealer counter. Always tell your dealer which type you have before asking for a quote.