THE U.S. MINT'S PALLADIUM BULLION COIN

A few years ago, there was a push for the U.S. government to authorized the mintage of a palladium bullion coin. The U.S. Mint produces bullion coins in the three other precious metals (gold, silver, and platinum) but not palladium.

So in 2010, President Obama signed The American Eagle Palladium Bullion Coin Act of 2010 into law. Its intent:

The coin's design would, “bear designs on the obverse and reverse that are close likenesses of the work of famed American coin designer and medallic artist Adolph Alexander Weinman–”

The bill goes on to state the specifics of the design:

• the obverse shall bear a high-relief likeness of the ‘Winged Liberty’ design used on the obverse of the so-called ‘Mercury dime’;
• the reverse shall bear a high-relief version of the reverse design of the 1907 American Institute of Architects medal; and
• the coin shall bear such other inscriptions, including ‘Liberty’, ‘In God We Trust’, ‘United States of America’, the denomination and weight of the coin and the fineness of the metal, as the Secretary determines to be appropriate and in keeping with the original design.

Here is the obverse and reverse of the coins the law is referring to...

As part of the law, however, a marketing study was to be first conducted to determine if there was, in fact, a large enough market demand for palladium bullion investments. The general purpose of the study was to ensure that palladium bullion (and palladium numismatic coins) could be minted and issued at no net cost to taxpayers. The United States Mint retained CPM Group LLC to produce the study. CPM Group’s main conclusions were, as they are stated on the U.S. Mint's website:

So a U.S. palladium bullion coin is not happening. Nevertheless, I asked one of the resident graphic designers here at Angel Publishing if he could create an image of what this palladium coin might look like.

Here's what he came up with...

To read the complete article, see:
What Could Have Been the U.S. Mint's Palladium Bullion Coin (www.energyandcapital.com/articles/what-could-have-been-the-us-mint-palladium-bullion-coin/5352)

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