Platinum Coins: Every Major Platinum Bullion Coin

Ten mints have issued platinum bullion coins since 1983, from the Isle of Man Platinum Noble to the 2026 American Platinum Eagle proof, each struck at .9995 fine or higher. Every current programme sells for its platinum content plus a premium, not for its face value, and that premium ranges from under 9% on a full ounce coin to nearly 100% on a tenth ounce. This page compares all ten programmes by mint, first year, fineness, size and face value, then covers premiums, buying, IRA eligibility, storage and resale.

What Is a Platinum Bullion Coin?#

A platinum bullion coin is a sovereign-mint coin sold for its platinum content, priced at spot plus a dealer premium rather than for rarity or collectible value. Investing in platinum through coins is one of four routes into the metal, alongside bars, exchange-traded funds and futures, compared on investing in platinum. Ten mints have issued this kind of bullion since 1983, each stamping a face value backed by its national government even though the coin trades for far more. The sections below cover what separates a bullion coin from a numismatic one, and the fineness every current programme meets.

Bullion Coins vs Numismatic Coins#

A bullion coin trades on its platinum content; a numismatic coin trades on rarity, condition and collector demand, which can decouple its price entirely from spot. Every programme compared on this page is a bullion issue: mints strike them in large, demand-driven runs and price them close to the metal value plus a manufacturing premium. A numismatic platinum coin, by contrast, might be a low-mintage proof whose price depends on grading services and auction records rather than the platinum price. Buyers who want exposure to the platinum price, not to coin collecting, choose bullion coins; the full comparison of bullion coins vs numismatic coins covers the distinction in depth.

Platinum Coin Fineness#

Every current platinum bullion coin programme mints at .9995 fine or higher, meaning at least 999.5 parts of platinum per 1,000, with the modern Canadian Platinum Maple Leaf minted at .9999 fine since its 2009 relaunch. Fineness of .9995 equals 99.95% pure platinum, in the millesimal parts-per-thousand convention used for platinum bullion worldwide. A 1 troy ounce coin at .9995 fine therefore contains about 31.09 g of pure platinum within its 31.1034768 g troy ounce (a DailyPlatinum calculation), the identity behind every coin's metal value on this page. Sizes smaller than 1 oz keep the same fineness; only the total weight and metal content scale down.

Every Major Platinum Bullion Coin Programme#

Ten platinum bullion coin programmes are documented here, led by the Isle of Man Noble (1983) and most recently refreshed by the 2026 American Platinum Eagle proof. Eight mints have struck platinum bullion since 1983: the Isle of Man's Pobjoy Mint, the US Mint, the Royal Canadian Mint, Australia's Perth Mint, the UK's Royal Mint, the Austrian Mint, China Gold Coin and the Central Bank of Russia. The table below lists each programme's mint, first year, fineness, sizes, face value and current status; two specifications are noted as not established rather than stated as fact.

*Koala fineness, Koala's exact discontinuation year and the Platypus's first year of issue are sourced but unconfirmed in DailyPlatinum's research; each is stated here as not established rather than published as fact.

Isle of Man Platinum Noble: The First Platinum Investment Coin#

The Isle of Man Platinum Noble, struck by the Pobjoy Mint from 1983, was the world's first platinum coin created specifically for investors, fourteen years before the American Platinum Eagle and five years before the Platinum Maple Leaf. Pobjoy minted the Noble at .9995 fine in a 1 troy ounce size plus fractions, with no fixed face value; instead it carries legal-tender status to the value of its metal content, the convention the gold Krugerrand also uses. Production ran from 1983 to 1989, and the Noble was revived in 2016. Earlier platinum coinage existed, struck by Russia between 1828 and 1845, but the Noble was the first coin minted specifically as a one-ounce investment product. Full specifications for the Isle of Man Platinum Noble are on its own page.

American Platinum Eagle#

The American Platinum Eagle, minted by the US Mint since 1997 at .9995 fine, is issued in four sizes with face values of $100, $50, $25 and $10. The 1 oz, $100 coin remains in continuous bullion production, while the 1/2, 1/4 and 1/10 oz fractional sizes were discontinued in late 2008. Each denomination's diameter, thickness and weight are listed below.

The US Mint has issued the American Platinum Eagle as an annual proof since 1997, changing the reverse design each year over the original John Mercanti obverse. The 2026-W Proof, "Declaration of Independence," opened the Charters of Freedom design series (2026-2028) at a mintage limit of 15,000 coins struck at West Point, selling 1,577 coins on its first day, according to CoinNews's US Mint product data. The prior series, First Amendment, closed with the 2025-W Proof at 6,456 coins sold (CoinNews), a five-year design cycle the Mint has followed since 1997. Full mintage history for the American Platinum Eagle is on its own page.

Canadian Platinum Maple Leaf#

The Canadian Platinum Maple Leaf has been minted at .9995 fine from 1988 to 2002 and .9999 fine since its 2009 relaunch, in a single 1 troy ounce size. The Royal Canadian Mint originally issued the Maple Leaf in five sizes with face values of $50, $20, $10, $5 and $1 before halting the programme in 2002; when production resumed in 2009 the mint kept only the 1 oz, $50 size. The Royal Canadian Mint also strikes an annual "Maple Leaf Forever" reverse-proof collector edition carrying a $300 face value, distinct from the standard bullion coin's $50, according to the mint's own product listings. Full specifications and premium history for the Canadian Platinum Maple Leaf are on its own page.

Australian Platinum Koala, Platypus and Kangaroo#

The Perth Mint's platinum coins span the discontinued Koala (from September 1988), the Platypus, and the current Kangaroo, all legal tender under Australia's coinage rules. The Koala ran in sizes from 1/20 oz to 1 kg with face values from A$5 to A$3,000; its fineness and the exact year production stopped are not established in DailyPlatinum's sources. The Platypus followed in a single 1 oz, A$100 size at .9995 fine; its first year of issue is likewise not established, though 2017-dated Platypus coins still trade at a premium in the secondary market. The Kangaroo is the mint's current 1 oz, .9995 fine, A$100 coin, struck at 32.60 mm diameter with a bounding-kangaroo reverse and a micro-laser-engraved authentication mark, according to the Perth Mint's own product page. The Platinum Koala and Platinum Kangaroo each have a dedicated page for full specifications.

Platinum Britannia#

The Platinum Britannia, first struck by the Royal Mint in 2018, is a 1 troy ounce, 999.5-fine coin with a £100 face value. Its 31.21 g weight and 32.69 mm diameter mark the Royal Mint's first platinum coin in the Britannia range, which the mint has struck in silver and gold since 1987. The 2026 issue carries a King Charles III obverse and Philip Nathan's "standing Britannia" reverse with new anti-counterfeiting security features, according to dealer Summit Metals, citing Royal Mint product data. Full specifications for the Platinum Britannia are on its own page.

Platinum Vienna Philharmonic#

The Platinum Vienna Philharmonic, launched by the Austrian Mint in 2016, was the mint's first platinum coin in its 800-year history, according to Wikipedia. Issued only in a 1 troy ounce, .9995 fine size with a €100 face value, the coin measures 37 mm in diameter and 1.35 mm thick. The Austrian Mint has issued the design continuously since its February 2016 launch, unlike several of the other programmes on this page that stopped and restarted. Full specifications for the Platinum Philharmonic are on its own page.

Chinese Platinum Panda#

The Chinese Platinum Panda was first issued in 1987, not 1988 as some older sources state, with 2,000 one-ounce coins struck that year, according to Wikipedia's Chinese Platinum Panda entry, which corrects the earlier date found elsewhere. China Gold Coin, minting for the People's Bank of China, struck the 1987 one-ounce issue with a 100 yuan face value at 32 mm diameter and 31.1 g weight, and produced 8,300 one-ounce Pandas across 1987 to 1990 combined, citing Krause's Standard Catalog mintage data. The series ended in 2005 after changing its design theme annually, unlike the fixed-design Eagle and Maple Leaf. Full specifications for the Platinum Panda are on its own page.

Russian Platinum Coins#

The Central Bank of Russia has issued 16 platinum coin sets since 1992, alongside historical circulating platinum coinage struck between 1828 and 1845. Unlike the Isle of Man Noble, American Platinum Eagle or Canadian Maple Leaf, Russia's modern platinum issues are commemorative sets rather than a single recurring bullion design, and DailyPlatinum's sources do not establish their fineness or standard sizes. The 1828-1845 circulating coinage predates every other programme on this page by more than a century, making Russia the historical starting point of platinum coinage even though it is not the source of the first investment-specific coin.

Are Platinum Coins a Good Investment?#

Platinum coins carry a higher premium than an equivalent bar, in exchange for legal-tender recognizability and easier resale in small sizes. A 1 oz Canadian Maple Leaf's 8.9% premium sits close to a generic 1 oz platinum bars premium of 7.2%, while the American Platinum Eagle's 19.7% reflects US Mint pricing to authorized purchasers and strong domestic IRA and dealer demand. Physical bullion held outside a qualifying retirement account is also an IRS collectible under 26 U.S.C. Section 408(m): long-term gains are capped at a 28% federal rate, above the standard long-term capital-gains rates, per IRS Schedule D instructions. DailyPlatinum states these facts without recommending a purchase; coin-by-coin premiums follow in the next section.

Platinum Coin Premiums over Spot#

A 1 oz American Platinum Eagle carried a 19.7% premium over spot and a 1 oz Canadian Maple Leaf 8.9%, on JM Bullion's 5-6 August 2026 pricing, with the reference spot ask at $1,763.90 per troy ounce. Four one-ounce coins are compared below; smaller sizes run far higher, and the full table of bar and coin premiums by size is on platinum coin premiums over spot.

Premium rises sharply as coin size falls: the same JM Bullion pricing put the 1/4 oz American Platinum Eagle at a 45.4% premium and the 1/10 oz Eagle at 99.0%, nearly double its metal value, since a mint's largely fixed fabrication cost per piece amortizes across less metal on a smaller coin. A sovereign coin also carries a legal-tender premium over a bar of the same size: the Maple Leaf's 8.9% against a generic 1 oz bar's 7.2% is a modest gap, while the Eagle's 19.7% is much wider.

Buying, Storing and Selling Platinum Coins#

Buying a platinum coin means choosing a programme, a dealer and, for retirement accounts, an IRA custodian. The sections below cover where to buy, IRA eligibility, storage and resale, plus the two palladium bullion coins that sit alongside platinum's programmes.

How and Where to Buy a Platinum Coin#

Platinum coins are sold through bullion dealers, the issuing mint's own store, and coin shops, each quoting its own premium over the same spot price. A buyer compares the coin's premium, not just its sticker price, since two dealers selling the identical 2026 American Platinum Eagle can differ by tens of dollars once shipping and payment-method surcharges are added. How to buy platinum in other forms, bars, coins, ETFs and futures, follows the same dealer-comparison logic and is set out on how to buy platinum. Comparing premiums across multiple platinum bullion dealers before ordering is the single largest lever a buyer controls, since the underlying metal price is set by the market rather than any one seller.

Are Platinum Coins IRA Eligible?#

The American Platinum Eagle, Canadian Platinum Maple Leaf, and the Perth Mint's Koala, Platypus and Kangaroo are named IRA-eligible platinum coins, alongside the Isle of Man Noble. Eligibility runs through 26 U.S.C. Section 408(m)(3)(B), which exempts bullion at or above the fineness a regulated futures contract requires for delivery; NYMEX platinum futures require 0.9995 fineness, which is why platinum's IRA threshold sits above gold's lower 0.995 minimum. Coins below that fineness, jewelry of any purity, and rhodium, iridium, ruthenium or osmium in any form do not qualify, since Section 408(m)(3)(B) names only gold, silver, platinum and palladium. A custodian, a dealer and an IRS-approved depository are three separate parties, and taking personal possession of IRA metal triggers a taxable distribution of the entire account. Which products qualify, and how the three parties fit together, is detailed on platinum IRA.

Storing Platinum Coins#

Platinum coins bought for the long term are typically stored in an insured vault or safe deposit box, individually or in tubes. Retirement-account coins must stay with an IRS-approved depository rather than at home, since personal possession of IRA metal counts as a full distribution. Vault storage fees for a US precious-metals IRA commonly run $75 to $350 a year, segregated or commingled, with segregated costing more. Vault options, insurance and home-storage tradeoffs are compared on platinum storage.

Selling a Platinum Coin#

A platinum coin is sold back at a dealer's bid price, or refined for scrap value if its authenticity cannot be verified. Sovereign bullion coins from major mints sell more easily than most bars because dealers recognize them on sight, without an assay. A damaged, plated or altered coin loses that recognizability and is priced instead on its refined platinum content, the same basis used to set the scrap platinum price.

Other PGM Bullion Coins#

Two palladium bullion coins exist alongside platinum's: the American Palladium Eagle (2017) and the Canadian Palladium Maple Leaf (2005). Both mint at .9995 fine in a single 1 oz size, listed below.

• American Palladium Eagle: US Mint, 2017, .9995 fine, 1 oz, $25 face value.
• Canadian Palladium Maple Leaf: Royal Canadian Mint, 2005, .9995 fine, 1 oz, C$50 face value; production ran 2005 to 2007, paused, then resumed in 2009 and again in 2015.

The American Palladium Eagle and Canadian Palladium Maple Leaf each carry a far higher retail premium than their platinum counterparts, a symptom of low annual mintage and collector crossover rather than a normal bullion markup.

Platinum Coins FAQ#

How much is a platinum coin worth?#

A platinum coin is worth its platinum content at spot price, plus its premium, not its face value; a $100 American Platinum Eagle contains far more than $100 of platinum. The 1 oz Eagle priced around $2,111 on JM Bullion's 5-6 August 2026 quote, against a spot ask of $1,763.90 per ounce, and a $10, 1/10 oz Eagle is worth roughly a tenth of that metal value before its own, higher premium.

Why is platinum hard to sell?#

Platinum is harder to sell than gold because its market is less liquid, so dealers quote wider bid-ask spreads. Liquidity across the precious metals widens in the order gold, silver, platinum, palladium, rhodium, and a platinum coin's spread widens further for damaged, small-lot or unverifiable pieces that need assay before a dealer will pay full bid.

What coins are made of platinum?#

Ten current and historical coins are made of platinum, listed below.

• Isle of Man Platinum Noble
• American Platinum Eagle
• Canadian Platinum Maple Leaf
• Australian Platinum Koala
• Australian Platinum Platypus
• Australian Platinum Kangaroo
• Platinum Britannia
• Platinum Vienna Philharmonic
• Chinese Platinum Panda
• Russian platinum coins

What are platinum's symbol, atomic number and CAS number?#

Platinum has the symbol Pt, atomic number 78 and CAS number 7440-06-4, the identity behind every coin on this page regardless of mint or fineness. PubChem's record for element 78 additionally gives an atomic mass of 195.08 g/mol. The metal's full properties are covered on platinum (Pt), element 78.