- USA Coin Book
- Bullion Coins
- American Platinum Eagle
- 2007-W : Reverse Proof
2007 W American Platinum Eagle Bullion Coins : Reverse Proof
$50 Half Ounce Platinum
Metal Composition: 99.95% Platinum
Diameter: 27 mm
Mass / Weight: 15.56 grams
What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
The 2007-W "Reverse Proof" American Platinum Eagle was the first US coin of its kind ever made. 30000 of these coins were authorized to be produced in a 2-coin set containing a 1/2 oz proof coin and a 1/2 reverse proof. Only about 19583 sets were sold before being discontinued. This coin was produced as part of a 2-coin platinum eagle set to commemorate the 10th anniversary of the American Platinum Eagle series (which started in 1997).
This set originally had a cost of $1949.95 while the value of 1 ounce of platinum had a value of $1474. Only weeks later in early 2008 - the value of platinum soared and the US Mint suspended sales on Feburary 13 2008. A month later when platinum was at $2015 per ounce - the US Mint re-continued selling these sets for $2649.95. By October - the price of platinum fell over $1000 per ounce and the set was sold again for $1249.95 after sales were suspended once again.
The reverse proof was produced at the West Point Mint using a highly innovative and technologically advanced minting process - which resulted in a coin with a frosty satin background field (like normal uncirculated platinum eagles) but the details and designs have brilliant mirror-like features. This coin also bears the "W" mint mark.
The 2007-W $50 Half Ounce American Platinum Eagle (Reverse Proof Variety) is worth $733 or more. Click here to learn how to use coin price charts. Also, click here to learn about grading coins. The Melt Value shown below is how valuable the coin's metal is worth (bare minimum value of coin). Click here to see the Melt Value of every US coin.
MELT VALUE: $457.85
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