2007 W American Platinum Eagle Bullion Coins : Reverse Proof

$50 Half Ounce Platinum

Mintage: 19,583
Minted at: West Point

Designer - Engraver: John M Mercanti
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.):
2007 W Reverse Proof Half Ounce American Platinum Eagle - 1/2 oz Platinum $50
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.
Coin valuation chart: Typical coin prices, values and worth per grade or condition - in USD
Very Good
Very Fine
Extremely Fine
About Uncirculated

MELT VALUE: $474.25

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