Palladium Bullion Coin going forward?
BackroadJunkie
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Coinworld (and others) are reporting the Commission of Fine Arts reviewed the coin. The CCAC was supposed to review it yesterday, but was postponed to March 21 due to the snow.
It'd be interesting if this actually makes a 2017 release.
Commission of Fine Arts gets first look at 2017 American Eagle palladium coin mock-ups
3
Comments
I like the reverse.
The obverse seems off for some reason - to me at least. Liberty looks miffed!
I'm getting to be less and less a fan of recycled designs of yore, I wish some artists of today would be asked to submit work for new designs.
I too find the reverse interesting, but I can't get enthused over this stuff. I spend enough now keeping up with the gold commemorative coins (not including the Mercury Dime, Standing Liberty Quarter and the Walking Liberty Half Dollar).
I had to do a Google search to see what Palladium is. I guess it's a rare earth metal that wouldn't have cropped up in my required collection of elements in high school chemistry.
If you buy all of this stuff, you don't have any money left for anything else. And when you are done almost all of it sells for less than the issue price on the secondary market.
Whatever the limit of this issue is set at, I will exceed it!
Dig the design.
Dig Palladium long time.
Since when do eagles eat branches? Nest building, I guess.
Weird but interesting design.
bob
It will surely be the key date to this one year series
I posted this video in another thread some time back. They used the original Weinman reverse model, likely to make the very mock-up that was posted by the OP.
I'm liking it. Hope it gets produced.
the eagle either has a broken olive branch, or since the break is at the beak, has broken the olive branch. hmmmmm.
I think the Palladium coin needs to be another set of new design attempts before reverting to older designs. Although, I'm open to something like this if they flop on a new set of designs.
Also, I had written in suggesting saving the palladium issue for MLK's year of birth commemorative, among a long list of other ideas for the same occasion. They need to go all out for that occasion and a unique metal coin would be one of the ways to make sure it is special.
PS: did their Pd bullion study get re-studied? I don't find a lot of demand for Pd bullion in the form of offerings and sell through.
(which is another reason to save it for a commemorative)
It looks like the Eagle is trying to destroy the symbol of peace (olive branch).
The Winged Liberty Head is apparently a re-sculpt of the original.
The overall size of the head seems a little bit large in proportion to Liberty's face. The neck seems unusually long and, having looked at numerous dimes, the facial features seem a little "off". I'm not sure it is necessary to have the "2017" date on a slant.
In general, I like it ok, though.
PS:
Here is my Winged Liberty Head 1-oz palladium "eagle" from a few years ago (not that it is any better, just different):
Not the best photo, however. Need a better one.
I think the Mint's palladium mock-up looks much better than the current bullion plat.
The face value should be higher than $25, though.
My Adolph A. Weinman signature
I don't like the obverse on this size coin. I'm not sure why, maybe it just seems out of proportion. Maybe it'll be okay. I'm pretty ambivalent on continued re-use of some classic designs. Maybe it'll turn out okay. Did I mention that I'm ambivalent about it?
I knew it would happen.
I also like the reverse of this much more than the obverse. As far as the branch, my take is that the eagle is creating the branch by removing it from the tree. Until the bird breaks it off, it is an olive tree, not an olive branch.
I want a palladium piece though, so I expect to buy one, but only one, I cannot see it as any kind of investment.
Not a fan, no contrast between the field and devices. It all kind of just blends together.i understand it's the Finnish they where going for.
At least they are trying to do something different.
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I would love to have one of your palladium designs too D Carr, but I do prefer the mint's design.
I do not have any Palladium...I need to check it out... I do like the reverse on this potential coin... Cheers, RickO
I definitely want one.
My YouTube Channel
I wonder how many people would buy one.
Fan of the Oxford Comma
CCAC Representative of the General Public
2021 Young Numismatist of the Year
must be a lot of hidden hair
and they could swap the initials and the date.
Not a fan of how palladium looks as coinage, looks kind of lifeless to me, like clad coinage.
When I compare a high-grade silver coin and a similar clad coin, the silver coin to me will always look better.
But that's just my opinion, your mileage will vary.
An authorized PCGS dealer, and a contributor to the Red Book.
No, the congresscritter pushing this piece of foolishness had the requirement deleted from the law and the coin made mandatory.
The study said the tiny demand was more than covered by the few coins sold by the RCM.
ANA 50 year/Life Member (now "Emeritus")
Hopefully the Mint will offer proofs, as it has with all the other bullion coins.
My Adolph A. Weinman signature
I like this one. I don't usually buy moderns, but I might make an exception if this comes to fruition.
If you search all of Numista for palladium, there are a total of 65 minted coins listed.
The USSR/Russia did different designs from 1988-1995, totaling 32 of them.
Portugal did 7 from 1994-2000 (9,000 ounces)
Canada did about 250,000 ounces from 2005-2010
All told, it's a couple of days of ASE production - there's just no demand.
ANA 50 year/Life Member (now "Emeritus")
Rich mentioned "mileage"...does anyone know if there is any Palladium or Platinum in an electric vehicle? Could be a future serious downward pressure on these metals...so they may end up selling WAY below issue in 5-10 years.
It's a bullion coin. Eventual resale will have mostly to do with the price of precious metals.
It's a bonus for us collectors, though, that the U.S. bullion coins have far and away the best designs of the Mint issues, IMHO. They are nice to look at!
Here's a warning parable for coin collectors...
The CCAC reviewed the coin yesterday. Looks like the bullion version will go forward.
No decision has been made on proof or uncirc collector versions yet.
I can confirm that the palladium American Eagle will be minted. The bullion version will be rolled out first, and then a decision will be made on the Proof format. (The law doesn't require a Proof, but it does allow it.) The bullion version will be minted to demand.
"minted to demand"
the overhead on 10 will be enormous
Make it 11, I like it
12, I like it too