Even though platinum is not nearly as commonly traded as gold and silver, it nevertheless merits inclusion in the precious metals portfolio of any serious investor. In fact, there are signs that both platinum and palladium are seriously undervalued right now. Investors could choose between quite a few more different platinum coins in the past. Few mints produce platinum bullion coins these days but that situation might change quickly once the spot price of platinum starts to rise. The coins that are minted today are generally 99.95% pure.
Platinum bullion coins are currently available in sizes ranging from 1/10 oz up to 1 oz. Smaller 1/20 oz and 1/15 oz coins had been minted in the past. The legal tender value of the coins is of course lower than their melt value which is tied to the spot price of platinum. Precious metal dealers then add their premium on top of that. The proof version of American Platinum Eagles also has a considerable collectability value since these coins change their reverse design every year.
The coins listed on this page are/were produced by some of the most respected minting institutions in the world. The first three coins in this list are still minted annually in large quantities. Click on the provided links to buy these platinum coins from respected dealers online, compare current prices or just simply find out more information.
The US Mint produces the American Platinum Eagles since 1997. The coins are minted out of 99.95% fine platinum in the sizes of 1 oz, 1/2 oz, 1/4 oz and 1/10 oz. Buyers can choose between brilliant uncirculated and proof coins with the latter bearing the mint mark W for the West Point branch of the US Mint. Lady Liberty is portrayed in close-up on the obverse side of the coins and an eagle in flight is shown on the reverse. However, proof coins display a different unique reverse design each year. Burnished uncirculated coins (also with the W mint mark) were minted between 2006 and 2008 and displayed the same reverse design as the proof coins in these years.
The American Platinum Eagle page gives more information about the coins and allows you to compare current prices.
The Royal Canadian Mint produced the 99.95% fine Canadian Platinum Maple Leaf coins from 1988 - 1999 and in 2002 in the denominations of 1 oz (face value CAD $ 50), 1/2 oz (CAD $ 20), 1/4 oz (CAD $ 10), 1/10 oz (CAD $ 5) and 1/20 oz (minted since 1993, CAD $ 1). Only in 1994 was a 1/15 oz coin (CAD $ 2) produced as well. The Canadian Platinum Maple Leafs made a comeback in 2009 but are since then only produced in the 1 oz denomination with brilliant uncirculated and proof (including reverse proof) finishes. They were the world's best selling platinum coins in 2012. Radial lines and a micro-engraved privy mark were introduced as counterfeiting measures in 2015.
The Canadian Platinum Maple Leaf page gives more information about the coins and allows you to compare current prices.
The Austrian Mint started issuing the Platinum Philharmonic coins in 2016. The Austrian Platinum Philharmonics are sometimes also referred to as Vienna Platinum Philharmonics since their name and design was chosen as a tribute to the world-famous Vienna Philharmonic Orchestra. The new coins out of 99.95% pure platinum are identical in design to the gold and silver versions of the Philharmonic coins. Their obverse shows an arrangement of classical music instruments and the Great Organ that is located in the Viennese Concert Hall appears on the reverse. Only 1 oz coins are minted for now with a brilliant uncirculated finish. The coins with a face value of 100 Euros are identical in size (37 mm diameter) to the gold and silver 1 oz coins.
The Austrian Platinum Philharmonic page gives more information about the coins and allows you to compare current prices.
Due to the overwhelming success of the gold and silver version of the Queen's Beasts coins, the Royal Mint decided to expand the series in 2017 by including a platinum version. The new 1 oz Queen's Beasts Platinum coins are 99.95% pure and have a face value of £100. For now, only brilliant uncirculated coins are issued. They are very thin with a thickness of just 1 mm and 32.69 mm in diameter. The first inaugural issue shows the Lion of England on the reverse and a portrait of Queen Elizabeth II on the obverse. The reverse design of the 2nd coin shows the Griffin of Edward III. When the series eventually ends, a total of 10 coins will have been released.
The South African Mint started producing Krugerrand coins out of platinum in 2017. The coins are 99.99% pure whereas most other platinum bullion coins are 'only' 99.95% pure. Only 1 oz proof coins are issued for now that are comparable in their dimensions to the 1 oz Gold Krugerrand coins. Mintage is capped at 1,967 pieces in order to commemorate the 50th anniversary of the Krugerrand coins that were first issued in 1967. Just like the Silver Krugerrands, Platinum Krugerrand coins have an official face value (10 Rand) which the gold coins do not have. The design of both sides is identical to the gold and silver coins and shows Paul Kruger's portrait on the obverse and a springbok on the reverse. The 50th anniversary privy mark appears on the reverse as well.
Chinese Platinum Panda coins with a fineness of 99.95% were only released by the China Gold Coin Incorporation from 1987 - 1990, 1993 - 1997 and 2002 - 2005 in the denominations of 1 oz (100 Yuan face value), 1/2 oz (50 Yuan), 1/4 oz (25 Yuan), 1/10 oz (10 Yuan, 100 Yuan in 2002 and 2005) and 1/20 oz (5 Yuan, 50 Yuan in 2003 and 2004). The 1 oz Platinum Panda was minted between 1987 and 1990. Those coins bear the same design as the gold coins of that year. The 1/2 oz and 1/4 oz coins were only minted in 1990 and both of them displayed a unique panda design. The 1/10 oz coin was minted in 1990 (with unique panda design), 1993 - 1997, 2002 and 2005. Finally, the 1/20 oz Platinum Pandas were minted between 1993 and 1997 and in 2003 and 2004.
Mexican Platinum Libertad coins were only minted in the year 1989. That year, the Casa de Moneda de México produced 3,500 Platinum Libertads out of 99.9% fine platinum. Mintage was limited to a single denomination of 1/4 oz. These coins were only available with a proof finish. The design of both sides of the coins was identical to the gold and silver version of the Libertad coins that was minted until 1994.
The inscription on the mintmarked obverse side of the coins with the Angel of Independence reads: 1/4 ONZA PLATINO PURO 1989 MEXICO LEY 999.