2006 American Platinum Eagle Coins

The 2006 American Platinum Eagle Coins resulted in an improved mintage for the proof strikes, but continued to falter with the bullion numbers.

2006 American Platinum Eagle Coins
Mintage: 6,000 One Ounce Bullion, 9,152 One Ounce Proof, 3,068 One Ounce Uncirculated
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New for the year, the US Mint introduced an Uncirculated Platinum Eagle. These coins were struck from specially burnished blanks and featured the same obverse and reverse designs as found on the Proof Platinum. They were struck at the US Mint’s facility in West Point and show the appropriate ‘W’ mintmark.

Undoubtedly affecting the bullion mintage, the platinum market continued its consistent annual increases that started in 2002. However, the precious metal took a giant leap in 2006 with the average cost of an ounce of it during the year coming in at $1142.31, this was an increase $245.44 from where it stood the previous year.

2006 Platinum Eagle Mintage

Bullion Platinum Eagle Mintage

Bullion Eagle mintage dropped for the year in all by the 1/2 ounce size – it managed to gain 589 coins. The 1/10 ounce Eagle lost over 3,000 from the mintage of the previous year.

The chart below shows the total mintage of 2006-dated Bullion Platinum Eagles:

One Ounce Bullion Platinum Eagle 6,000
1/2 Ounce Bullion Platinum Eagle 9,602
1/4 Ounce Bullion Platinum Eagle 12,001
1/2 Ounce Bullion Platinum Eagle 11,001

Proof Platinum Eagle Mintage

Proof Eagle mintage improved in 2006 across all four of the individual coins as well as the mintage for the 4-Coin Set. The individual one ounce Proof saw the biggest gains with an increase of 1,614 coins.

The chart below shows the total mintage of 2006-dated Proof Platinum Eagles which includes the number sold as part of the Proof Platinum Eagle 4-Coin Set (of which 5,306 were sold).

One Ounce Proof Platinum Eagle 9,152
1/2 Ounce Proof Platinum Eagle 7,649
1/4 Ounce Proof Platinum Eagle 7,813
1/10 Ounce Proof Platinum Eagle 10,205

Uncirculated Platinum Eagle Mintage

The mintage for the Uncirculated Platinum Eagles was extremely low for the year. This may, in most part, be due to the fact that the Mint released them only late in the year.

The chart below shows the total mintage of 2006-dated Uncirculated Platinum Eagles which includes the number sold as part of the Uncirculated Platinum Eagle 4-Coin Set (of which 1,989 were sold).

One Ounce Proof Platinum Eagle 3,068
1/2 Ounce Proof Platinum Eagle 2,577
1/4 Ounce Proof Platinum Eagle 2,676
1/10 Ounce Proof Platinum Eagle 3,544

 

Issue Information

The 2006 Platinum Eagles marked the tenth year in which the US Mint produced the platinum strikes.

Release Date

The Bullion Platinum Eagles were available from the Mint’s network of authorized purchasers for most of the year. The US Mint released the Proof Platinum Eagles on March 24, 2006. The Uncirculated Platinum Eagles were released on September 28, 2006

Issue Price

The Mint adjusted its Platinum Proof Eagle prices up to better reflect the increasing cost of the precious metal. Accordingly, the Mint charged $1,500 for the One Ounce Proof, $780 for the 1/2 Ounce Proof, $435 for the 1/4 Ounce Proof, $220 for the 1/10 Ounce Proof and $2,750 for the 4-Coin Set. Bullion Eagles were sold by the Mint’s network of authorized purchasers for a small premium above the spot price of the platinum they contained. The debuting Uncirculated Platinum Eagles sold for $1,390 for the One Ounce Uncirculated, $720 for the 1/2 Ounce Uncirculated, $390 for the 1/4 Ounce Uncirculated, $180 for the 1/10 Ounce Uncirculated and $2,585 for the Uncirculated 4-Coin Set.

2006 Proof American Platinum Eagle Coin, Reverse

Special Proof and Uncirculated Reverse Design

Featured on the reverse of the proof and uncirculated Platinum Eagles is a design by United States Mint Artistic Infusion Program Master Designer Joel Iskowitz. It is the first of three new annual reverses to be featured on the Eagles as part of the "Foundations of American Democracy" series. This particular design features a "Legislative Muse."

U.S. Mint Production Facility

The US Mint’s facility in West Point produced the Proof and Uncirculated Platinum Eagles. This is indicated by the ‘W’ mintmark on each coin.

Designer & Sculptor

John Mercanti designed the "Portrait of Liberty" that is featured on the obverse (heads side) of all of the Platinum Eagles. The reverse (tails side) of the bullion Eagles continued to show Thomas D. Rogers Sr.’s soaring eagle as they have done since their debut. The proof and uncirculated reverse shows a "legislative muse" as designed by Joel Iskowitz.

Coin Specifications

(For One Ounce Platinum Eagles)

Face Value: $100
Finish: Bullion, Proof, Uncirculated
Composition: 99.95% Platinum
Standard Weight: 31.120 g
Standard Diameter: 32.70 mm
Edge: Reeded

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