The United States Mint has released the official images of the upcoming 2020 American Eagle Palladium 1-ounce bullion coin. Sales of the Uncirculated bullion coin will begin at Noon Eastern on September 24, 2020. Only 10,000 of the Palladium coins will be produced and there will be a household limit of one per household.
This year’s coin is the fourth in the annual series. It started in 2017 with an uncirculated version of the coin, like we will see in 2020. It was followed in 2018 with the Proof version and in 2019 with a Reverse Proof version. Currently the United States Mint only plans to release the Uncirculated version for this year.
The Obverse of the coin features the Mercury Dime design of Adolph A. Weinman, albeit in high-relief. The Reverse features a high-relief version of the 1907 American Institute of Architects Gold Medal. It was also designed by Weinman. Those two designs have been some of the most popular in the history of the United States Mint which has added to the popularity of this bullion coin.
When purchased, it will come in a gray leatherette presentation case with satin lining. It is accompanied by a Certificate of Authenticity.
For those that may recall, last year’s sale of this particular bullion coin started off challenge. The Mint erroneously sent an email a few days early indicating the coin was for sale when it was not. When sales finally did being on September 16, 2019, they were slow and, in fact, the Mint later lifted the limit of one coin per household just a day later.
Given the price point of this coin, it is certainly considered an investment coin. You can expect it to be upwards of $2000 per coin this year. The Mint has not released the pricing for it yet but you can go to the Product Page to get details about it and to put yourself on the notification list (use the Remind Me feature) to be sent a text or email when sales start on September 24th.