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. Some of these coins that are no longer minted like the Chinese Platinum Unicorn coins were 99.9% pure whereas the purity standard for platinum bullion coins is nowadays 99.95%. Few government mints produce coins out of platinum these days but that situation might change quickly once the spot price of that precious metal starts to rise. A few new platinum bullion coins were in fact introduced to the market recently like the Australian Platinum Kangaroos. The 99.99% fine South African Platinum Krugerrands that were also just introduced to the market in 2017 are the purest platinum coins in the world at this time.
The only platinum bullion coins that are currently also issued in fractional sizes of 1/2 oz, 1/4 oz and 1/10 oz are the American Platinum Eagles. All other contemporary platinum coins are only issued in the standard size of 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 much 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.
Whereas most investors prefer to buy the bullion version of the coins that are listed on this page, there also exist some special coin versions that are highly sought after by collectors. One such example is the proof version of the American Platinum Eagles. These coins change their reverse design every year whereas the bullion version continues to use the same standard design. The Royal Canadian Mint also issued collectible limited editions of its Canadian Platinum Maple Leaf coins.
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 (US $ 100 face value), 1/2 oz (US $ 50), 1/4 oz (US $ 25) and 1/10 oz (US $ 10). 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.
For the 20th anniversary of the popular Britannia gold coins in 2007, Britain's Royal Mint released the first limited mintage of proof Platinum Britannias. In 2018, the coins were then first released as bullion coins. The female idol Britannia is displayed on the reverse side of the platinum version of the coins, just like on the gold and silver version. Brilliant uncirculated Platinum Britannia coins are available in the two sizes of 1 oz and 1/10 oz. The coins are 99.95% fine just like all contemporary platinum bullion coins. The British Platinum Britannias are fully backed by the British government that guarantees their weight and purity. The legal tender coins are also exempt from the UK Capital Gains Tax.
The British Platinum Britannia page gives more information about the coins and allows you to compare current prices.
The Perth Mint's inaugural 2018 Australian Platinum Kangaroos were available for order since the 23rd of October 2017. The 99.95% pure coins are only issued as brilliant uncirculated coins in the single denomination of 1 oz for now. Mintage is unlimited and according to the current market demand. The coins have an official face value of AUD $ 100 and depict the same "Red Kangaroo" design on their reverse side that is also used on the silver version of the coins as well as the larger denominations of the gold version of the coins. The Australian Platinum Kangaroo coins are available individually as well as in sealed mint rolls of 20 coins and sealed mint boxes of 100 coins.
The Australian Platinum Kangaroo page gives more information about the coins.
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 Queen's Beasts Platinum coin page gives more information about the coins.
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.
The China Gold Coin Incorporation minted the 99.9% fine Chinese Platinum Unicorns between 1995 and 1997 in the denominations of 1/20 oz (5 Yuan face value), 1/4 oz (25 Yuan), 1/2 oz (50 Yuan) and 1 oz (100 Yuan). Only the 1 oz version was minted in more than one year (1996 and 1997). The 1/2 oz Unicorn platinum coins were only minted in 1995 and the 1/4 oz and 1/20 oz coins only in 1996. All the platinum coin issues display images of two mythical beasts, a Unicorn on the obverse and a Chinese kirin on the reverse.
Read our blog article for more information about these coins.
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.