In response to customer feedback, the United States Mint has resumed production and sales of one-ounce platinum bullion coins. The coins will be available for purchase March 10.
“We listened to our customers and are pleased to once again offer platinum bullion,” said United States Mint Deputy Director Richard A. Peterson. “Thanks to the hard work of our team, the West Point facility has begun striking platinum bullion coins for the first time since 2008.”
In anticipation of the sale of the new platinum coins, the U.S. Mint has built up a sufficient inventory of platinum, with already over 1,000 coins having been ordered since the announcement. 2008 marked the last year that the U.S. Mint sold platinum coins, as demand for the coins lessened after platinum prices climbed dramatically at the beginning of 2008. Investor and collector demand switched focus to gold and silver coins at that time, with even […]