You realize platinum merits a place in your precious metals portfolio. Still, you want to know which platinum coin is the best long-term investment. The most valuable piece to own is the Platinum American Eagle, brought to you by the experts from First National Bullion and Coin.
Unique Features of the Platinum American Eagle Coin
The Platinum American Eagle is the only platinum coin the US government guarantees, and it’s produced by the country’s sovereign mint. This coin weighs 1 troy ounce, the standard weight for platinum coins, and its fineness is 99.95 percent, a supremely high level of purity.
Since the Platinum American Eagle coin is IRA eligible, you can include it in an individual retirement account. The coin has a face value of $100, but due to platinum’s rarity and diverse uses, its investment worth keeps rising. Moreover, it’s the only American coin with a reverse design that changes every year, making each annual issue unique.
Exquisite Coin Design
The front of this coin bears the face of the Statue of Liberty, an icon of American freedom. On the Platinum American Eagle coin, Lady Liberty’s face shines with resolute strength. On her crown, the seven rays symbolize the earth’s seven seas and continents. Flanking Lady Liberty’s face are the words “In God We Trust,” affirming the faith of our nation’s founding fathers. The back of the coin bears a bald eagle in flight, its grand wings depicting power, vigor, and autonomy.
IRA Eligibility
To meet IRS guidelines, platinum commodities must have 99.95 percent fineness and originate from a sovereign mint. Since the Platinum American Eagle satisfies these rules, you can secure it in a self-directed IRA (SDIRA). Your investment will reap additional tax benefits. Financial experts advise limiting precious metals to 5 to 10 percent of your retirement portfolio and diversifying it with other types of assets to hedge against market fluctuations.
Minting History & Current Availability
The Platinum American Eagle coin was first minted and released in 2007. Like the gold and silver American Eagle coins, the platinum version is magnificent. Since the coin is double-struck, it has a dazzling surface that’s hand-polished to a mirror-like shine. The US government certifies the Platinum American Eagle coin regarding its content, weight, and purity. Due to the coin’s substantial face value, platinum content, and heritage, this piece is in high demand among investors.
At First National Bullion, we buy and sell all kinds of precious metals, including silver, platinum, gold, and palladium. Contact us to speak with one of our precious metals experts.
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