While we are nearing the end of our series highlighting United States coinage, we are still making sure that we talk about those denominations and coins that some may not be so quick to remember. Our last few blogs have detailed bullion coins featuring silver, gold, and platinum. The newest metal of the group, and the last of the bullion coins we will talk about, is palladium. Not as sought after as the rest, palladium has struck a chord with a select group of collectors.
American Palladium Eagles (2017-Current)
Within the last decade, the United States Mint introduced the $25 American Palladium Eagle. Taking flight for the first time in 2017, the first 1oz .9995 fine palladium coin came in the form of a bullion edition coin from Philadelphia. The obverse showcased yet another version of Adolph A. Weinman’s design for the Mercury dime (1916-1945). The reverse shows a revised version of Weinman’s design for the reverse of the Walking Liberty half dollar (1916-1947). Just 15,000 coins were struck of the high relief coin with many of them certified by the authorized dealers who purchased them.
When 2018 rolled around, the Mint went in a different direction with the Palladium Eagle. Instead of the bullion version, they went with the first ever Proof strike from West Point. It was made available to purchase by the public for the first time as well. The Red Book records 14,986 were struck, many of which, again, were certified by dealers and retailers.
A Reverse Proof coin was chosen for release in 2019, a Burnished coin for 2020, a Proof and bullion edition for 2021, a Reverse Proof for 2022, a Burnished for 2023, a Proof for 2024, and a Reverse Proof for 2025. All the mintages have significantly lowered with demand decreasing since its initial release.
Source: NGC Coin; The Official 2026 Red Book; United States Mint
