The U.S. Mint resumed the production of one-ounce platinum bullion coins last week based on strong customer and investor demand. The first batch of newly pressed one-ounce platinum bullion coins were made available Monday, reported Yahoo! Finance, based on an announcement from the Mint.
"We listened to our customers and are pleased to once again offer platinum bullion," said Richard A. Peterson, United States Mint Deputy Director. "Thanks to the hard work of our team, the West Point facility has begun striking platinum bullion coins for the first time since 2008."
Just like the American Eagle Gold and Silver Bullion Coins, the Mint will only sell American Eagle Platinum Bullion Coins to authorized dealers, who in turn will sell them to consumers. Designated as “Authorized Purchasers,” these buyers consist of major coin and precious metals dealers, brokerage companies, and other participating financial intermediaries.
In February of 1870, the mint at Carson City, Nevada first struck a coin. Instead of one of the Eagle gold coins it would be known for, it was the Seated Liberty dollar that was minted first. Morgan dollars were produced later, but in all, the mint would be active for less than 25 years. However, despite this short time, Carson City's U.S. mint is one of the better known to coin collectors because of the impressive coins it produced during its relatively brief run of operation.
As history buffs might suspect, it was the silver boom that took place in Nevada that triggered the building of this mint in Carson City. During its time, it made fifty issues of silver coins and fifty-seven issues of gold coins. The initial silver boom was centered not far from Carson City, in Virginia City, and was the very first major discovery of silver within the United States. Back when these discoveries were first made, miners rushed to the vicinity and started staking out claims, many becoming wildly wealthy in the process.