Description
Title: 2017 1/4 oz American Platinum Proof Eagle – NGC PF70 UCAM
Overview:
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Year: 2017
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Metal Content: 1/4 troy ounce of .9995 pure platinum
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Mint: United States Mint
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Series: American Platinum Eagle Proof Series
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Grade: PF70 (Proof 70) by Numismatic Guaranty Corporation (NGC)
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Designation: UCAM (Ultra Cameo)
Design:
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Obverse:
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Features a portrait of the Statue of Liberty, designed by John M. Mercanti. It shows Liberty’s face in high relief with inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the year “2017.”
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Reverse:
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For 2017, the design depicts a bald eagle soaring above the sun, symbolizing freedom and the eagle’s mastery of the skies. The coin includes inscriptions like “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” “1/4 OZ.,” “.9995 PLATINUM,” and “25 DOLLARS” as its denomination.
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Specifications:
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Weight: 7.776 grams
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Diameter: 22 mm
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Edge: Reeded
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Packaging: Encapsulated in an NGC holder, which provides protection and a detailed label with certification information.
Condition and Grading:
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PF70: This grade indicates the coin is in perfect condition with full, original mint luster and no post-production imperfections at 5x magnification. The UCAM designation further specifies that the coin has a strong contrast between the frosted devices and mirrored fields, making it highly desirable for collectors.
Mintage:
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Proof Platinum Eagles typically have a limited mintage, enhancing their collectibility. The exact mintage for the 2017 1/4 oz coin might vary, but these coins are not minted in large numbers compared to bullion versions.
Investment and Collectibility:
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Investment: Contains a significant amount of platinum, known for its rarity and value in precious metals markets.
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Collectibility: As part of the American Platinum Eagle series, especially in proof condition with a perfect grade, it’s highly sought after. The annual design changes on the reverse add to its appeal for collectors aiming to complete sets.
Why Collect:
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Historical Significance: Represents American coinage artistry and the prestige of the U.S. Mint.
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Perfect Condition: The PF70 grade assures collectors of acquiring a coin in impeccable condition.
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Limited Availability: Proof issues, particularly in platinum, and at this high grade, are not common, making them more exclusive.
Market Sentiment:
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High-grade proof coins like this are favored by collectors for their perfection, rarity, and as an investment in platinum, which is less traded than gold or silver, potentially offering unique investment opportunities.
Note:
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This coin’s value is not just in its platinum content but significantly in its condition, design, and the prestige associated with its certification from NGC. Always check with dealers or the U.S. Mint for the most current information regarding mintage and availability.
This description aims to convey the allure of the 1/4 oz American Platinum Proof Eagle for collectors and investors interested in high-quality, limited edition platinum coins with historical and numismatic significance.