American Eagle Palladium Bullion Coin Act Introduced in House

2009 UHR were much more reasonably priced. :smile

 

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Another recent article

American Palladium Eagles Authorized from CoinNews.net [12/17/2010]Some snippets quoted from the article...

 

I'm thinking these designs will look very nice in hand...even Godzilla Eagle.
Much better than the "literalist" art that's been adorning many of the new moderns.
Count me in.

 

Some of the latest news spotted on the proposed American Palladium Eagle coins


Palladium Coin Bill Not Expected to Benefit Stillwater Mining from Seeking Alpha.com [2/10/2011] via CoinUpdate.com [2/11/2011]

This series could be a repeat of the American Platinum Eagle coin series with small mintages and limited demand or it could produce a series of coins in limited mintage at a much more affordable price range for collectors with much more popular designs than the Platinum Eagle coins.

 

You are correct.

 

I just want one coin! Give me my palladium coin!!!

 

I think I'd buy a UHR palladium coin from the US Mint.

Bruce

 

We just have to wait and see if they vote ya or nay.

 

Give Collectors First Shot at Palladium from Numismatic News by Dave Harper [March 02, 2011]

No real news here, just Editorial pondering, working to create a buzz and temperature taking of the potential collector market for these coins.

 

Thanks for the link.

I have no idea about availability of palladium blanks, but I think this series would be more popular if it included fractionals as well.


Edit to add:
...piedfort thickness might be interesting?

 

Another update on the Palladium Eagle progress. Article was posted 5/12/2011. Its not a very well written article, but it does give some new info.

http://www.planetinsane.com/market-...rs-for-american-eagle-palladium-coin/2616794/



The American Eagle palladium coin
The American Eagle palladium coin is on the verge of being released. Everything is set for takeoff. The Palladium Bullion Coin Act of 2010, Public Law 111-303 has been set into law, the obverse design of the coin has been chosen to be Winged Liberty Head dime while the reverse will be the American Institute of Architects gold medal--both designed by sculptor Adolph A. Weinman.
According to U.S. Mint sources however, there is yet one major step that either speed up or stall the whole process. The is based on the requirement of the enabling act that a study must first be performed by an independent and reputable third party to determine the level of public demand for the American Eagle palladium coin. The coins will only go into circulation if it passes this popularity acid test.
To this end, the US mint is now seeking the services of potential contractors who are required to submit possible competitive solicitation for the marketing research. The contractors will be expected to determine the demand for American Eagle palladium coin through marketing and the US has given up to June 17 for potential contractors to respond in order to have the chance of being considered.

To increase their chances of being considered through competitive solicitation for the American Eagle palladium coin market research, contractors must submit a work statement consisting of a detailed structured and comprehensive study with adequate credentials to support the claim for independence and reputation. The selected contractors must meet performance standards which are both specific and measurable.


Should the American Eagle palladium coin passed the stringent popularity test, treasure Sec. will be mandated by law within a year of submission of the study report to issue .9995 fine palladium bullion with a face value of $25 of both Proof and Uncirculated versions of the coin in addition to bullion coins. Both versions will then be available on sale to the general public.
Proof and Uncirculated coins would both be considered numismatic products to be directly sold to the general public.
permits the finish of the to be changed annually in subsequent years following the inaugural release.
coins could be minted and issued at no net cost to taxpayers
According to the April 13 RFI, once the contract has been awarded, it is anticipated that it will take no longer than 90 days to complete the study.

 

Excellent! Thank you for posting the update.

 

I hope it gets approved and they make it to market. I'll buy one.

 

YES YES YES!!! Please come out with this soon! I actually just recently checked if there were any new articles regarding these coins and they all dated back to end of 2010.....

 

I can save them the cost of the market research:

These coins will likely sell out in a day but most likely within a week. TC

 

I agree!!
Any new is good news:thumb:
there not much being said about this coin set yet.

:kewl:but I think I seen or was told it would be issued 10th oz 1/4 oz 1/2 oz and 1 oz.
I hope I am not:foot-mouth:
I have not seen that in US Mint printed statement yet.

 

If they can just reveal the design, it will help me stabilize until they are available for purchase. I know that it will be based on the mercury dimes, but will it be 100% copy or a more "modern" perhaps cleaner design?

I'm assuming they are having an artist redo the design to clean it up a bit.....

My purchases so far have only been gold and silver eagles. I will most definitely break my rule and get some palladiums.....

 

Me to I am hoping it a set type they release w/ 10th 1/4,1/2 and 1oz to
Like they did with the 2008-W Buffalo's !!!!

 

whoa!

Check out APMEX! They are selling fractional silver rounds with the mercury dime design!! Is this what we expect to see for the palladium coins? It looks like the design is 100% the original design.

 

Private mints and bullion companies have commissioned knock-off / reproduction designs of classic US coinage for many years. Many times they are representative of the designs of buffalo nickles, Morgan dollars, Silver Eagles, etc but often look more crude in execution than the originals. I think the Palladium coin will have a much stronger design, especially given the models they have to work with, designed for previous coins and a medal.

Some examples of repro designs on bullion QSB