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Sunday, October 28, 2012

US Mint Will Not Issue 2012 Platinum Eagle Bullion Coins | Coin Update

US Mint Will Not Issue 2012 Platinum Eagle Bullion Coins | Coin Update


For the fourth consecutive year, the United States Mint will not offer American Platinum Eagles in bullion format. As such, the only 2012 Platinum Eagle produced and issued will be the proof version struck for collectors.
Within his opening letter to the US Mint's 2011 Annual Report, Deputy Directory Richard A. Peterson had raised the possibility of bringing back the platinum bullion offering in 2012. He stated, "We are evaluating, in conjunction with our authorized purchaser distribution channel, the optimum way to bring back American Eagle Platinum Bullion Coins in 2012." However, it appears that the Mint has decided to forgo the offering for another year.

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