2020 American Platinum Eagle

Every 2020 Platinum Eagle version

The bullion coin is a one ounce piece with a $100 face value, no mint mark and the soaring eagle reverse. The Mint sold 56,500 of them. A one ounce proof with the W mint mark and the Pursuit of Happiness design was also issued, sold in a capsule with a presentation box and certificate. The two are easy to separate by design, mint mark and finish. Bullion coins tend to turn up in tubes or loose. Check the reverse for the soaring eagle to confirm a bullion coin. Only the proof has a W mint mark.

Quick answers

How much platinum is in a 2020 Platinum Eagle?

Each coin contains its stated weight of pure platinum: one troy ounce in the $100 coin. The alloy is 99.95% platinum.

How many 2020 Platinum Eagles were made?

56,500 one ounce bullion coins plus 9,837 collector versions (proof, burnished and special finishes).

Is the 2020 Platinum Eagle worth more than its platinum?

Yes. With only 56,500 one ounce bullion coins sold, the 2020 is a low mintage date, so it brings a premium over its platinum value.

Is the Platinum Eagle legal tender?

Yes. Each size carries a face value ($100), but nobody spends them: the platinum is worth far more than the face value.

The 2020 proof design

Pursuit of Happiness "Lady Liberty plants seeds for future sustenance, lighting the way westward and harvesting the well-worked crops." Designer: .

2020 Platinum Eagle by the numbers

The Mint sold 56,500 one ounce bullion Platinum Eagles dated 2020. That ranks 16th lowest of the 19 bullion dates from 1997 to 2021.

Against the dates around it, 2020 bullion sales were 1.4 times the 2019 figure and 1.3 times fewer than 2021.

Collector versions dated 2020 add up to 9,837 coins across 1 version. The scarcest is the 2020-W 1 oz proof at 9,837.

What to check on yours

• Weigh and measure it. A genuine one ounce Platinum Eagle weighs 31.12 g and measures 32.7 mm; the fractional sizes are 3.112 g (1/10 oz), 7.78 g (1/4 oz) and 15.56 g (1/2 oz). Fakes are usually the wrong weight or the wrong thickness.
• Try a magnet. Platinum is not magnetic, so a coin that sticks is not genuine. A coin that does not stick still needs the other checks.
• Look for the mint mark. Bullion strikes have none; proofs and burnished coins carry a small letter. A mirror field with frosted design means a proof, a soft satin look means burnished.
• Handle it by the edge and never clean it. Fingerprints, wiping and polishing leave marks that cost collector versions much of their premium.
• Keep the original capsule, box and certificate with collector versions. Coins that come with them are easier to sell and more likely to bring their full premium.

With its larger mintage, the 2020 bullion coin trades for a small premium over metal value. The proof, with 9,837 sold, is the last coin of the Declaration series. It attracts collectors finishing that set and carries a collector premium. Keep proofs in their original packaging. For bullion, look for bright, spot-free surfaces, since platinum coins can show milk spots that put buyers off. Proofs in their original packaging are preferred by collectors completing the series. A complete three-coin Declaration set in matching boxes is the most appealing way to own the 2020 proof, since it shows the whole story together.

Anniversary and the Declaration series (2016 to 2021)

From 2016 the one ounce bullion coin became a yearly fixture again, starting with 20,000 pieces. The 2016 proof showed Liberty holding a torch and an olive branch beside a bald eagle. In 2017 the proof marked the program's 20th anniversary by bringing back Thomas D. Rogers's original soaring eagle, so for one more year proof and bullion shared a reverse. The 2016 proof was designed by Paul C. Balan.

The proofs from 2018 to 2020 took their themes from the Declaration of Independence: Life in 2018, Liberty in 2019 and the Pursuit of Happiness in 2020. Justin Kunz designed all three, which sit on the obverse, while the proof reverse became Patricia Lucas-Morris's eagle in flight with an olive branch. Meanwhile bullion demand climbed steadily, from 30,000 coins in 2018 to 40,000 in 2019, 56,500 in 2020 and 75,000 in 2021. Bullion buyers in these years were mostly after metal content, while proof buyers were building sets, so the two versions followed quite different paths.

The 2021 proof opened a new series on the freedoms of the First Amendment, beginning with Freedom of Religion, shown with a seedling, an acorn and the words WITH FREEDOM OF RELIGION LIBERTY GROWS. For coins from these years, the bullion pieces are common enough to trade near metal value, while the proofs remain small issues that collectors keep in their original packaging. The 2020 and 2021 proofs sold 9,837 and 9,884, far smaller issues than the bullion coins, sold boxed with a certificate like every proof before them.

Mintage chart

Specifications

Frequently asked questions