American Eagle Palladium Bullion Coin Act Introduced in House

Very true!

 

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In this case the popularity of the recommended designs helps win passage of the bill put forth, attracts collector/investors, and fits into the general scheme of gold and silver eagle coins which recycled the Saint-Gauden's Double Eagle gold coin design and the Adolph A. Weinman Walking Liberty Half dollar design. Both of those designs reflect well ingrained iconic coin designs which are widely known in the greater context of commerce and collecting, widely acceptable as pleasing designs, continue to enjoy strong collector followings and appreciation of the allegorical symbolism of American liberty.

I do also agree with you that a lot of talent is sidelined in modern numismatics, even with channels like modern commemorative coins to be more expressive. I think it is the nature of the beast, a conservative audience and too many special interests involved in the politics of using coins for agendas.

 

Im not the best interpreter of "legal language" but I did read the bill. If signed by Obama this year when can we expect these Palladium coins? I saw there was a time stipulation to the bill. Does the bill state that these coins must be availible by the end of 2011?

 

As an admission that we reached our peak in the arts before the 1920's and we have been going downhill ever since.

 

switching to the dead presidents was the kiss of death ...
we should have stuck with the allegorical representations of liberty
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H.R. 6166 Palladium Bullion Eagle coin act signed into law 12/14

Coin Modernization and American Palladium Eagle Bills Become Law from Coin Update.com [12/15/2010]

 

Wow so that's it! Unless I'm reading it wrong, we are getting the mercury dime designs!!!

 

Yes, at this point in time, that does appear to be the recommended design, if not slightly modified for modern minting of this composition of metal.

 

I wouldn't mind if it was slightly updated for today's times, whatever that means...or if it was 100%, well that's ok too...

I'm not sure why but when I got my first mercury dime (accidental), I loved the design and thought our current design was so boring!!!

I would love to have some palladium versions of these....

Does anyone here have an idea of the size of the coin?

 

Nothing has yet been specified in the bill, that is yet to come as the Mint investigates how to produce these to fulfill the eventually selected final design that meets a required 1 troy oz. palladium coin with .9995 fine palladium composition.

For size comparison:

Canadian 1 oz. Palladium Maple have a diameter of 34 mm and thickness of 3.58 mm

Chinese 1 oz. Palladium Pandas have a diameter of 32 mm and a thickness of 1.75 mm

ASE 1 oz. Silver have a diameter of 40.6 mm and thickness of 2.98 mm

AGE 1 oz. Gold have a diameter of 32.7 mm and thickness of 2.87 mm

APE 1 oz. Platinum have a diameter of 32.7 mm and thickness of 2.5 mm


Perhaps the American Palladium Eagle bullion 1 oz. coin will have a diameter of 38 mm (larger than the Maple and different than other Eagle coins) with a thickness near 3 mm. That's entirely a guess


edit: Specs for Chinese Panda taken from PandaCollector.com

 

That sounds like a quarter-ounce coin. I see a diameter of 34mm for the Pd Panda, although I can't find a thickness.

 

Apologies, that is indeed my mistake.

I misquoted the 1/2 oz. Palladium Panda specs. I thought something looked suspicious about the sizes when I was typing my earlier post but it didn't click.

I will go back to my earlier post and edit it to reflect your corrected figures. Thank you. :bow:

 

Just another article with the recent news about this coin...

American Palladium Eagles from MintNewsBlog [12/17/2010]

 

Wonderful! The tail side looks a little confusing, but that's fine....it doesn't look as clean. As long as we get the front that looks like that, that's awesome.

I am absolutely picking up some of these!! yay!!

 

In 2009 an Ultra High Relief Palladium coin was proposed but the coin resolution never passed and the idea seems to be dead. I am happy to see these designs which have that classic high relief design but I am not expecting we will be bullion versions with high relief, since that is the main type these coins will be minted in, although there is in the current coin law passed, room for collector versions (potentially proofs or uncirculated) but I doubt they will create a high relief collector version in place of proof versions. It is very remote that UHR Palladium coins, will ever be minted, even though such designs suggested would be very appealing in UHR strikes.

 

You know what, I still don't really know what high relief means.... LOL.... I don't know what UHR is all about....

 

The original design of the Augustus Saint-Gauden's $20 Double Eagle gold coin was supposed to feature a raised design. They were beautiful but too slow to produce them and there were issues with stacking them, so the design was changed to a lower relief and coins, for the most part, have only continued to be designed with ever flatter strikes. In 2009 the US Mint offered a collector version 1 oz. gold UHE AGE design after the original. They re-developed the idea using new technology and released the one year 2009 UHR gold American Gold Eagle. There was a proposal that the following years a UHR platinum coin be minted but the bill expired and the idea hasn't been revived.

 

Ohhh interesting, thanks for the 411....how much of a premium do these UHR's hold?

 

Just look them up on a site like Heritage or NGC's new Coin Price Guide for an estimate compared to the other issues.

1907 is the year... $20 Double Eagles

This is of course getting to the realm of Numismatics and not bullion though so I digress.

 

Probably why I never really looked into UHR's. You know me, keep it simple. It's hard enough keeping track of the ever fluctuating prices of silver/gold in general......