1999 Platinum American Eagle Proof 70 set

Platinum American Eagle - 1999 PF 70 PAE set
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Platinum American Eagle - 1999 PF 70 PAE set
Click on image to enlarge

About the coins

In 1999, U.S. Mint Engraver Al Maletsky sculpted the reverse design of the second “Vistas of Liberty” Platinum Proof coins. Maletsky, who had also designed the popular Lewis & Clark Keelboat nickel, went on to design four Platinum Proof reverses in the first decade of production, including three of the five “Vistas of Liberty” Proofs. This total is more than any other artist whose work was featured from 1997-2006.

Maletsky’s meticulously crafted engraving “Eagle Above Southeastern Wetlands” dresses the reverse of the 1999 Platinum Eagle Proof. In its simplest view, Maletsky’s design depicts a Bald Eagle flying over a primordial swamp in the foreground, while a full-sized alligator crawls from the swamp onto the bank in the background. While a Bald Eagle is no stranger to U.S. coinage, an alligator is a rarity indeed. The combination of the two is not only a powerful reminded of the wild nature of the southeastern wetlands, but also makes the 1999 Platinum Eagle Proof a rarity among all U.S. coins.

The legend “UNITED STATES OF AMERICA” is arced and centered across the top rim in a single line marking the first time in the series it appeared so. The fineness designation “.9995 Platinum” and the coin’s government guaranteed platinum weight appear just below the eagle’s beak, just to the left of a swamp tree ornamenting the right rim. The coin’s legal tender denomination is at the bottom center in the swamp field. The ‘W” mint mark designating the West Point Mint as the producer is located near the outer rim about four o’clock just off the swamp bank.

Original Total Mintage Summary:

Including all four denominations, there was a total of 56,106 Platinum Eagle Proofs minted and sold in 1999. With only 11,103 coins produced, the $50 Proof coin is the rarest. The total 1999 Platinum Eagle Proof mintage ranks as the seventh rarest in the series.

NGC Certified Population Summary:

Additionally, through June 2011, a total of only 276 four coin Platinum Eagle Proof sets from 1999 had been certified by NGC in Proof 70 condition.

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United States Gold Bureau is a private distributor of Gold, Silver & Platinum coins from the U.S. Mint and is not affiliated with the U.S. Government. Information on this web site is intended for educational purpose only and is not to be used as investment advice or a recommendation to buy sell or trade any asset that requires a licensed broker. As with all investments there is risk and the past performance of a particular asset class does not guarantee any future performance. The United States Gold Bureau, principals and representatives do not guarantee to clients that they will realize a profit or guarantee that losses may not be incurred as a result of following its coin collecting recommendations, or upon liquidation of coins bought from the U.S. Gold Bureau. All content and images are owned by USGB and may not be reproduced without written authorization. Copyright 2012.

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