Today, October 20, 2014 at 12:00 Noon ET, the United State Mint will begin accepting orders for the 2014 Proof American Platinum Eagle. This coin will represent the sixth and final release within the “Preamble” series, which has featured representations of the core concepts of American democracy as found in the Preamble to the Constitution. The theme for this year’s coin is “To Secure the Blessings of Liberty to Ourselves and Our Posterity”.
The reverse design of the coin features a depiction of Young Liberty carrying a torch with the sun rising in the background over a gentle landscape. Liberty’s youth represents the hope and promise of the America, while the torch represents freedom. The landscape symbolizes harmony, pleasure, and and sociability, the blessings that flow from a government that ensures freedom passes from one generation to the next. The American Eagle privy mark, which appeared on other releases of the design series, is incorporated into the design. The reverse for this year’s coin was designed by Susan Gamble and sculpted by Joseph Menna.
The obverse of the coin features the portrait of the Statue of Liberty designed and engraved by John Mercanti. This design has been used for the obverse of all numismatic and bullion releases for the series.
Each coin is struck in 99.95% platinum with a fine weight of 1 troy ounce and diameter of 32.70 mm. The coins are packaged in a custom designed portfolio presentation case which contains a narrative by Chief Justice John G. Roberts, Jr. which inspired the reverse design of the coin. The folder also includes the certificate of authenticity and the coin specification information.
Pricing is covered by the US Mint’s policy for gold and platinum numismatic products which utilizes the average weekly market prices of the metals. The average price of platinum for the weekly period falls into the $1,250 to $1,299.99 range. This should result in an opening price of $1,650 per coin. The Mint has set the opening price at $1,600.
A maximum mintage of 15,000 coins has been established for this release with no household ordering limits in place. The maximum mintage matches the level used for the 2011, 2012, and 2013 Proof Platinum Eagles, despite steadily declining sales over those years. The last reported sales for these coins were 14,790 pieces in 2011, 10,084 pieces in 2012, and just 5,763 pieces in 2013.