Today the United States Mint announced the design selection for the 2011 American Platinum Eagle Proof Coin and provided details of the upcoming release. The collectible one ounce platinum coin series is in the midst of a reverse design series which presents the six core concepts of American democracy as expressed in the Preamble to the U.S. Constitution.
The 2009 Proof Platinum Eagle represented the concept “A More Perfect Union” with an image of four faces of diversity. The following year, the concept ” To Establish Justice” was represented by an image of a blindfolded justice holding scales and a laurel branch. The design for the 2011 Proof Platinum Eagle represents the concept “To Insure Domestic Tranquility”.
The reverse design features the harvest goddess emerging from a field of wheat. She bears a stalk of wheat and extends her other hand to a landing dove. An American Eagle “privy mark” appears to the right of the image. The reverse was designed by US Mint Artistic Infusion Program Master Designer Joel Iskowitz.
Initially, there were nine different design concepts created for the 2011 Proof Platinum Eagle. These concepts were reviewed by the Commission of Fine Arts (CFA), Citizens Coinage Advisory Committee (CCAC), who each made recommendations to the Secretary of the Treasury, who had authority to make the final decision. The CFA had recommended an alternate design that depicted three hands grasping a laurel wreath. The CCAC had recommended the same reverse design that was ultimately selected.
The obverse of the coin features an image of the Statue of Liberty designed by John Mercanti. This design has been used for each issue of the series since introduction in 1997.
Sales of the 2011 Proof Platinum Eagle will begin at the US Mint on May 26, 2011. The mintage will be limited to 15,000 units and an ordering limit of five coins per household will be imposed. Pricing for the coin will be determined in the week leading up to the release based on the average London Fix price of platinum.