Among the various denominations issued by the United States Mint, the American Eagle platinum bullion coin is uniquely recognized for its face value of $100. This coin represents a significant offering within the U.S. coinage system, specifically designed for precious metal investors and collectors.
The $100 American Eagle Platinum Coin Explained
The introduction of platinum coins by the U.S. Mint marked a notable expansion in its bullion program. Unlike circulating currency, these coins are primarily valued for their precious metal content, though they carry an official legal tender face value.
Authorization and Features
The authorization for the U.S. Mint to begin producing platinum coins was officially signed into law by President Bill Clinton on September 30, 1996. This legislative action paved the way for the creation of the American Eagle platinum bullion series, adding platinum alongside the existing gold and silver American Eagle coins.
Key characteristics of this unique U.S. coin include:
- Denomination: $100
- Metal Content: Platinum
- Issuing Authority: United States Mint
- Purpose: Primarily bullion investment
- Authorization Date: September 30, 1996 (signed by President Bill Clinton)
The $100 American Eagle platinum coin is an essential part of U.S. numismatics for those interested in precious metals, representing a blend of investment opportunity and collectible appeal.
| Feature | Description |
|---|---|
| Coin Name | American Eagle Platinum Bullion |
| Face Value | $100 |
| Primary Metal | Platinum |
| Authorized By | President Bill Clinton |
| Authorization Date | September 30, 1996 |
| Producer | U.S. Mint |
