American Palladium Eagles 2017 to Date

Palladium joined gold, silver and platinum in the American Eagle family through the American Eagle Palladium Bullion Coin Act of 2010, Public Law 111-303, signed December 14, 2010. The act added a $25 coin of one troy ounce of .9995 fine palladium to 31 U.S.C. 5112 and told the Mint what it should show: Adolph Weinman's Winged Liberty from the Mercury dime and the eagle of the gold medal he designed for the American Institute of Architects in 1907, both in high relief. Unlike the platinum law, it allows only the one-ounce size.

As first written, the act made the coin wait on an independent market study showing enough demand. Public Law 114-94, signed December 4, 2015, dropped that condition, and the Mint began selling bullion coins to its authorized purchasers on September 25, 2017. The first 15,000 sold out that day, according to CoinNews.

The Mint offers the bullion version only in some years: 2017 and 2021 so far. The collector version, sold by the Mint directly, has appeared every year since 2018, each time in a different finish, because the law asks that each year's proof or uncirculated surface differ in some material way from the last.

• Bullion (2017, 2021): no mint mark, sold through authorized purchasers. No source read here names the mint that struck them; the law lets any mint except West Point strike the non-proof versions.
• Proof (2018, 2021, 2024): West Point, W mint mark, mirror fields with frosted design.
• Reverse proof (2019, 2022, 2025): West Point, W, the opposite contrast: frosted fields and mirrored design.
• Uncirculated (2020, 2023, 2026): West Point, W, a satin finish. The 2026 coin is dated 1776 ~ 2026 and bears a small Liberty Bell privy mark numbered 250, for the nation's 250th anniversary.

The figures are the Mint's sales, as CoinNews listed them in September 2026 for every issue no longer available; the bullion figures are sales to authorized purchasers. A collector coin is shown only once its total in the Mint's weekly report has held for a full year: the 2023 total still crept from 5,779 to 5,784 during 2026 and the 2024 total from 5,955 to 5,961, so both are marked not final.

• 2017 bullion. The first palladium coin the Mint issued, sold only through authorized purchasers.
• 2018 proof. The first collector version. CoinNews reported that it went on sale September 6, 2018 and was gone within five minutes; there was no bullion coin that year, Coin World reported.
• 2019 reverse proof. The Mint doubled the limit to 30,000, and the coin stayed on sale for years before reaching its final 18,839.
• 2021, two versions. The proof came out in September; the 8,700 bullion coins were all sold to authorized purchasers in November 2021, Coin World reported.
• 2026 uncirculated. With the 250th-anniversary privy mark and dual date. It sold 4,778 coins in its first reported week and was unavailable minutes after release, but the Mint's figure was still moving in October 2026.

Mint mark. A W on the obverse means a collector coin from West Point; no mint mark means bullion.

Finish and year. Because the collector finish changes every year, the finish dates the coin within its cycle: proof with mirror fields (2018, 2021, 2024), reverse proof with frosted fields and mirrored design (2019, 2022, 2025), satin uncirculated (2020, 2023, 2026). The 2026 coin is the only one dated 1776 ~ 2026 and the only one with a privy mark.

Not a Mercury dime. The obverse borrows the Mercury dime's Winged Liberty, but the coin is far larger, about 34 mm across, and reads 1 OZ. Pd .9995 FINE and $25 on the reverse. For the dime itself, see the Mercury dime guide.

• Composition: 99.95% palladium (.9995 fine)
• Weight: 31.120 grams (1.0005 troy ounces), holding one troy ounce of palladium
• Diameter: 1.340 inches (34.03 mm; NGC 34.036 mm)
• Edge: reeded
• Face value: $25
• Designer: Adolph A. Weinman (both sides, adapted by the Mint)