2020-W palladium coins are back on sale
The United States Mint reopened sales of its uncirculated $ 25 American Eagle palladium 2020-W coin on May 2, with no limit on household orders.
New orders will be filled with parts available from canceled orders and returns, as well as unsold inventory.
The restart in sales comes nearly eight months after the parts were initially listed as “unavailable” shortly after their initial issuance.
The Mint first offered the product, with a maximum authorized mintage of 10,000 coins, on September 24, at a price of $ 3,000 per coin. The household order limit was one piece. The Mint’s September 27, 2020 sales report lists 9,971 uncirculated 1-ounce 1-ounce American Eagle 2020-W palladium coins sold. The Mint’s May 9, 2021 sales report identified total sales of 9,233 coins.
US Mint spokesman Michael White said US Mint officials were not revealing how many Palladium American Eagles were available for sale during the reboot.
Within hours of the 2020 release, customers had placed orders for a sufficient quantity of the maximum mintage of 10,000 coins to make the coin “unavailable”. “Unavailable” indicates that the product’s inventory is depleted, but that others may become available later, as happened on May 2nd.
The US Mint valued American Eagle palladium at $ 3,550 when sales reopened.
On May 6 the coin price was increased to $ 3,650 and on May 12 it was reduced to $ 3,600. The Mint’s recently sent 2021 Collector’s Guide lists the price at $ 3,300.
Connect with Coin World:
Subscribe to our free eNewsletter
Access our dealer directory
Like us on facebook
Follow us on twitter