2012 American Platinum Eagles
The release of the 2012 American Platinum Eagles continues an annual series which first started in 1997. Each Platinum Eagle is struck from one ounce of .9995 pure platinum at the United States Mint facility in West Point, N.Y.
The collector 2012-W American Platinum Eagle Proof Coin was released on August 9, 2012 at a debuting price of $1,692.00.
Unlike the Gold Eagles and the Silver Eagles, American Platinum Eagles are not required by the law which authorized them (Public Law 104-208). This fact was made painfully clear to investors in 2009 when the U.S. Mint cancelled production on the bullion American Platinum Eagles. That cancellation has remained in effect the following years as well.
During that time, however, the U.S. Mint did strike the collectible proof American Platinum Eagles from West Point with the "W' mint mark. In fact, the 2009 proof started a six-year series featuring a reverse design theme based on the six principles found in the Preamble of the Constitution of the United States. Those six principles and the years they are to be struck on a Platinum Eagle are:
- 2009 - To Form a More Perfect Union
- 2010 - To Establish Justice
- 2011 - To Insure Domestic Tranquility
- 2012 - To Provide for the Common Defence
- 2013 - To Promote the General Welfare
- 2014 - To Secure the Blessings of Liberty to Ourselves and our Posterity
As shown above, the theme of the reverse of the 2012 Proof Platinum Eagle will be "To Provide for the Common Defence."
Sizes and Denominations
When struck in its bullion variety, the Platinum Eagle is typically featured in four different sizes -- ounce, 1/2 ounce, 1/4 ounce and 1/10 ounce with face values of $100, $50, $25 and $10, respectively. One-ounce American Platinum Eagles carry the largest face value of any coin struck by the U.S. Mint.
These strikes are the only platinum coins that are guaranteed for weight and purity by the United States government.
Platinum Eagle Design
The obverse of American Platinum Eagles show a John Mercanti design of the Statue of Liberty looking towards the future. This design has remained unchanged since the introduction of the Platinum Eagles in 1997. Obverse inscriptions include "LIBERTY," "IN GOD WE TRUST" and the year of minting.
The reverse of the Platinum Eagle varies with 2012 featuring the theme of "To Provide for the Common Defence" -- one of the six basic principles found in the Preamble of the Constitution of the United States. It depicts a minuteman from the Revolutionary War that denotes the protection and defense of the U.S. in its early days. The minuteman carries a rifle and a book to symbolize the importance of knowledge in defending America.
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American Platinum Eagle Specifications
Mintmark: W for Proof, None for bullion
Composition: 99.95% platinum
Weight and Diameter: Depends on denomination
Date of Issue: 2012
Mintages: Based on Demand
Obverse Designer/Sculptor: John Mercanti
Reverse Designer/Sculptor: John Mercanti










