2020-W American Eagle Palladium Coin Sales Start September 24

The United States Mint will open up sales for the 2020-W American Eagle Palladium 1-ounce coin starting Thursday, September 24, 2020. Sales will begin at Noon Eastern, 9:00 AM Pacific directly on the Mint’s site. The uncirculated coin has a mintage limit of just 10,000 and there is a household limit of one.

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.

2020 American Eagle Palladium 1-Ounce Obverse (Image Courtesy of the United States Mint)
2020 American Eagle Palladium 1-Ounce Obverse (Image Courtesy of the United States Mint)

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 24.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.