Did You Know That President Clinton Signed Legislation Authorizing American Platinum Eagle Bullion Coins 27 Years Ago This Week?

On September 30, 1996, President Bill Clinton signed Public Law 104-208, which authorized the production of platinum bullion coins. The coins were first struck and issued in 1997 in 1/10, ¼, ½, and one ounce sizes, denominated $10, $25, $50, and $100, respectively. $100 is the highest denomination of coin produced by the U.S. Mint. The coins went on sale June 6. The fractional denominations were retired after 2008. Proof versions have been produced since the series’ introduction and Burnished versions were produced from 2006 to 2008.

The U.S. was relatively late to the platinum bullion coin game. Though platinum coins had been experimented with and circulated briefly in some societies – notably Russia in the early-to-mid 19th century – platinum bullion coins were not issued until the 1980s. Other countries had been producing platinum bullion coins for a decade or more preceding the U.S. Platinum eagles’ introduction.

Platinum eagles have featured motifs from a number of rotating themed design programs. From 1998 to 2002, for example, vistas from different regions of the U.S. appeared on the coins’ reverses. The most recent program, which began in 2021 and will conclude in 2025, features annual rotating designs depicting the “Five Freedoms” enshrined in the Constitution’s First Amendment.

American Platinum Eagles regularly appear in Stack’s Bowers’ Galleries Precious Metals Auctions. Interested readers should visit our website.  

Other notable numismatic events that took place on September 30:

• In 1803, the Philadelphia Mint closed owing to an outbreak of Yellow Fever.

• In 2017, the Mint suspended mail ordering of numismatic products. Product catalogs mailed in January 2016 were the Mint’s first that did include a mail-order form.

Join our mailing list

Don't miss an auction!

Subscribe to our newsletter.


Contact Us

West Coast Office • (800) 458-4646

Midwest Office • (800) 817-2646

East Coast Office • (800) 566-2580

[email protected]

Hong Kong Office • +852 2117 1191

[email protected]

Global locations

Additional representatives
available worldwide.

* Walk-ins welcome

Follow Us

Subscribe to
Our Newsletter

There was an error signing you up to our newsletter.
Please enter a valid email address

I'm Interested In...

Thank You!

Thank you for subscribing to the Stack's Bowers Galleries e-newsletter.