American Palladium Eagle Melt Value

American Palladium Eagle, obverse (2017)American Palladium Eagle, reverse (2017)
Shown: 2017United States Mint image, via Wikimedia Commons (front, back).

An American Palladium Eagle contains 1.0000 troy oz of pure palladium, worth $1,066.00 at today's spot price.

First issued in 2017, the American Palladium Eagle uses Adolph A. Weinman's Winged Liberty design from the Mercury dime, in high relief.

2017–present

$1,066.00 palladium melt value per coin

1.0000 troy oz palladium · 99.95% palladium

Melt values use these spot prices (US dollars):

  • Palladium $1,066.00 per troy oz Current quote · Quote time Oct 25, 2:59 AM EDT

Melt value is the metal content at spot price, not a buy or sell price. Collectible coins can be worth much more. For reference only.

Specifications

Years 2017–present
Face value $25
Composition 99.95% palladium
Gross weight 31.103 g
Fineness .9995 (99.95%)
Pure metal 1.0000 troy oz (31.103 g)

How the melt value is worked out

Melt value is the pure palladium in the coin multiplied by the spot price. We use the coin's standard minted weight; worn coins weigh slightly less.

  • 31.103 g × .9995 fine ÷ 31.1035 g per troy oz = 0.9995 troy oz (the issuer states 1.0000 troy oz, which we use)
    1.0000 troy oz × $1,066.00 spot = $1,066.00

How to identify it

  • The obverse shows the Winged Liberty Head from the Mercury dime; the reverse shows an eagle holding an olive branch.
  • The US Mint gives the weight as one troy ounce of 99.95% palladium.

Melt value vs. collector value

Bullion coins usually sell for a premium over melt value. Proof, low-mintage and graded coins can be worth considerably more than their metal.

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