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The Certified 2017 1 oz Palladium American Eagle MS70 NGC with Mike Castle's signature is a remarkable example of modern U.S. bullion coinage. It is the first palladium coin ever issued by the United States Mint, making it a highly significant and collectible piece. This coin, graded MS70 by NGC, signifies that it is in perfect mint state condition, with no visible imperfections, and is the highest grade possible for a bullion coin. The inclusion of Mike Castle’s signature adds another layer of prestige to this coin, as Castle played a pivotal role in the legislation that authorized the creation of the American Palladium Eagle series. As the debut issue of the series, the 2017 Palladium Eagle holds a special place in the history of American coinage.
The introduction of the American Palladium Eagle was authorized by the American Eagle Palladium Bullion Coin Act of 2010, which called for the U.S. Mint to produce a palladium bullion coin to complement the popular Gold, Silver, and Platinum American Eagles. However, the first Palladium Eagle was not minted until 2017, making it a significant year in the history of U.S. coinage. Palladium is a rare and valuable metal that is widely used in industrial applications, particularly in the automotive industry, but it had not been used in U.S. coinage until this series was introduced. The 2017 issue marked the beginning of what would become a highly regarded and sought-after coin series for both investors and collectors.
The obverse design of the 2017 Palladium American Eagle is based on one of the most iconic and beloved designs in U.S. numismatic history—the Winged Liberty design, also known as the Mercury dime design. Originally created by Adolph A. Weinman and used on the Mercury dime from 1916 to 1945, this design features Liberty wearing a winged cap, symbolizing freedom of thought. The portrait of Liberty is both elegant and timeless, and its revival on the Palladium Eagle serves as a tribute to Weinman’s artistry. The obverse also includes the inscriptions "LIBERTY," "IN GOD WE TRUST," and the year "2017." In MS70 condition, the obverse showcases sharp, flawless details and a pristine surface, making it an outstanding example of this historic design.
The reverse of the 2017 Palladium American Eagle features an equally striking design, also created by Adolph A. Weinman. It depicts a powerful eagle perched on a rocky crag, grasping a branch in its beak. This image was originally used on the reverse of the American Institute of Architects’ gold medal, designed by Weinman in 1907. The reverse of the Palladium Eagle beautifully captures the strength and grace of the eagle, which has long been a symbol of American independence and resilience. The inscriptions "UNITED STATES OF AMERICA," "1 OZ. PD .9995 FINE," and "25 DOLLARS" encircle the design, while the national motto "E PLURIBUS UNUM" is placed just below the eagle. In MS70 condition, the reverse is flawless, with intricate details and a brilliant finish that enhances the overall aesthetic of the coin.
The 2017 Palladium American Eagle was struck at the West Point Mint, a facility renowned for producing high-quality bullion and proof coins. The "W" mintmark, which appears on the reverse of the coin, indicates its origin. The mintage of the 2017 issue was limited to only 15,000 coins, making it one of the rarest bullion coins in the American Eagle series. This limited mintage has contributed to the coin’s strong demand in the secondary market, as collectors and investors alike seek out the inaugural issue of the Palladium Eagle series. The rarity, combined with its perfect MS70 grade, makes this coin particularly valuable.
Palladium is a precious metal that has grown in popularity as both an investment and an industrial commodity. It is used primarily in the automotive industry for catalytic converters, but it is also valued for its rarity and role in the broader precious metals market. The 2017 Palladium American Eagle contains one troy ounce of .9995 fine palladium, ensuring that it has significant intrinsic value in addition to its numismatic value. The price of palladium has risen dramatically in recent years, further enhancing the appeal of coins like the Palladium Eagle as a store of value and a hedge against inflation.
The Certified 2017 1 oz Palladium American Eagle MS70 NGC with Mike Castle's signature is a standout coin in the American Eagle series. The MS70 grade guarantees that the coin is in perfect condition, while the Mike Castle signature adds historical importance to the coin. Castle’s role in passing the legislation that authorized the Palladium Eagle series makes his signature particularly relevant to this coin. For collectors, this coin represents the perfect combination of rarity, historical significance, and beauty, while for investors, it offers a valuable opportunity to hold a high-grade, government-backed palladium bullion coin. As the first issue in the series, the 2017 Palladium American Eagle is a must-have for those interested in modern U.S. coinage.