2004 American Platinum Eagle

Every 2004 Platinum Eagle version

Bullion coins have no mint mark: 15,010 tenth ounce, 18,010 quarter ounce, 13,236 half ounce and 7,009 one ounce. Proofs with a W: 7,161, 5,193, 5,063 and 6,007. The design based on the French sculpture identifies the proof. The soaring eagle identifies bullion. Both share John Mercanti's Statue of Liberty obverse, so the reverse and the W are what count. Proofs came in capsules inside Mint boxes, sold singly or as a four-coin set. Bullion coins were sold through authorized purchasers and usually turn up in tubes or loose. Check the size on the reverse.

Quick answers

How much platinum is in a 2004 Platinum Eagle?

Each coin contains its stated weight of pure platinum: 1/10 troy ounce in the $10 coin, 1/4 troy ounce in the $25 coin, 1/2 troy ounce in the $50 coin and one troy ounce in the $100 coin. The alloy is 99.95% platinum.

How many 2004 Platinum Eagles were made?

7,009 one ounce bullion coins plus 23,424 collector versions (proof, burnished and special finishes).

Is the 2004 Platinum Eagle worth more than its platinum?

Yes. With only 7,009 one ounce bullion coins sold, the 2004 is a low mintage date, so it brings a premium over its platinum value.

Is the Platinum Eagle legal tender?

Yes. Each size carries a face value ($10, $25, $50 and $100), but nobody spends them: the platinum is worth far more than the face value.

The 2004 proof design

Engraving inspired by the Daniel Chester French sculpture titled America outside the U.S. Customs House in New York City. Designer: Donna Weaver.

2004 Platinum Eagle by the numbers

The Mint sold 7,009 one ounce bullion Platinum Eagles dated 2004. That ranks 3rd lowest of the 19 bullion dates from 1997 to 2021.

Against the dates around it, 2004 bullion sales were 1.1 times fewer than 2003 and 1.1 times the 2005 figure.

Collector versions dated 2004 add up to 23,424 coins across 4 versions. The scarcest is the 2004-W 1/2 oz proof at 5,063; the most plentiful is the 2004-W 1/10 oz proof at 7,161.

Fractional bullion that year: 15,010 1/10 oz coins, 18,010 1/4 oz coins and 13,236 1/2 oz coins. The 1/2 oz is the scarce size of the year.

What to check on yours

• Weigh and measure it. A genuine one ounce Platinum Eagle weighs 31.12 g and measures 32.7 mm; the fractional sizes are 3.112 g (1/10 oz), 7.78 g (1/4 oz) and 15.56 g (1/2 oz). Fakes are usually the wrong weight or the wrong thickness.
• Try a magnet. Platinum is not magnetic, so a coin that sticks is not genuine. A coin that does not stick still needs the other checks.
• Look for the mint mark. Bullion strikes have none; proofs and burnished coins carry a small letter. A mirror field with frosted design means a proof, a soft satin look means burnished.
• Handle it by the edge and never clean it. Fingerprints, wiping and polishing leave marks that cost collector versions much of their premium.
• Keep the original capsule, box and certificate with collector versions. Coins that come with them are easier to sell and more likely to bring their full premium.

The 2004 proofs are a favorite low mintage year and carry a solid collector premium, especially the half ounce at 5,063. The one ounce bullion coin at 7,009 can also bring more than the usual small premium. Proofs are best kept in their capsules with the box and certificate. Any hairlines or spots on the mirror fields will hold a coin back, so check carefully under good light. The fractional proofs are particularly hard to find in sets that have stayed together.

Annual designs and Foundations of Democracy (2003 to 2008)

After the Vistas of Liberty ended, the proof designs became single-year pieces. In 2003 an eagle perched on a pine branch in front of the flag. The 2004 proof borrowed from Daniel Chester French's sculpture America outside the US Custom House in New York. The 2005 design showed an eagle and a heraldic shield guarding a cornucopia. Bullion coins still carried the soaring eagle in all four sizes.

From 2006 to 2008 the proofs told a three-part story called Foundations of Democracy. The 2006 coin stood for the legislative branch, 2007 for the executive and 2008 for the judicial. The same years brought a new finish: uncirculated burnished coins with a W mint mark, sold directly to collectors. Burnished mintages were tiny, often only two or three thousand coins per size. Look closely at any W coin from these years, because the finish tells you which version it is.

Demand for bullion was modest through most of this period and the one ounce bullion coin dropped as low as 6,000 pieces in 2006. The 2008 coins closed the chapter. It was the last year for the fractional sizes and the last year for the burnished finish and its proof mintages were among the lowest of the four-size era. That makes 2008 the year collectors chase most in this group. Anyone sorting a mixed group from these years should separate the W coins first, then split them by finish. That one step usually reveals whether a box of platinum holds ordinary bullion or a few genuinely scarce collector coins.

Mintage chart

Specifications

Frequently asked questions