Third time's a charm
98 - 2009-W $100 AMERICAN PLATINUM EAGLE, PROOF

Obverse:

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Reverse:

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Coin Details

Origin/Country: United States
Design Description: BULLION - ONE OUNCE PLATINUM AMERICAN EAGLES
Item Description: P$100 2009 W EAGLE
Full Grade: NGC PF 70 ULTRA CAMEO
Owner: Cellgazer

Set Details

Custom Sets: This coin is not in any custom sets.
Competitive Sets: 135012   Score: 2781
136838   Score: 2781
Eagles shine, these are mine...   Score: 2781
All Eagles All The Time   Score: 2781
Latest and Greatest   Score: 2781
Latest and Greatest, 2nd Ed.   Score: 2781
Third time's a charm   Score: 2781
Latest and Greatest, Round 4   Score: 2781
Casey's set 23   Score: 2781
Research: NGC Coin Explorer NGC Coin Price Guide
NGC US Coin Census for Platinum Eagles - $100 (1997-Date)

Owner Comments:

"The 2009-W 1 Ounce Proof Platinum Eagle is the only Platinum coin struck in the year 2009.

The 2009-W $100 Proof Platinum coins went on sale on December 03, 2009. The new design theme is "To Form a More Perfect Union," which is also inscribed on the coins reverse design. This theme will continue throughout 2014 with changing designs each year.

The Mint issue price was set at $1,792. for each coin. The spot price of one ounce of platinum for that day was at about $1490. The coins were scheduled to begin shipping on December 17, 2009.

This is a new design consisting of four female faces from different nationalities. All the depicted women represent the diversity of our nation. The women's clothing and hair weaving are also joined together and are symbolic of forming a more perfect union.

On October of 2009 the Mint announced that they would cease producing all 2009 Uncirculated Platinum eagles and most Proof Platinum eagles. This included all the $5, $10, $25 and $100 Uncirculated Platinum coins. For the Proof Platinum coins, they also canceled the fractional size Platinum coins with a denomination of $5, $10 and $25. The Mint canceled all of the aforementioned Platinum coin products, primarily because they were unable to obtain the required Platinum plachets to strike the coins.

After canceling most of its 2009 Platinum products, the Mint had already anticipated a large demand for the 2009 1 Ounce Proof Platinum coins. As a result, customers were only allowed to order five 2009 1 Ounce Proof Platinum eagles per household. Despite the imposed ordering limit, it wasn’t enough to prevent a sell out within about a week’s time period."
Jaime Hernandez; PCGS.COM

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