IPM Secures Prestigious Designation with First American Palladium Eagle Coin
(October 9, 2017) - International Precious Metals (IPM), a leading provider of rare certified coins and physical precious metals, announced that they have secured an exclusive allocation of signature label 2017 one ounce American Palladium Eagle Bullion coins. This is the first palladium coin ever struck by the United States Mint and is the first new American Eagle Bullion coin to be released in twenty years. “This inaugural coin is unprecedented and has many firsts.” said Barry Jepson, President and CEO. “It’s the first $25 denomination on a one ounce coin and it’s the first palladium coin ever minted by the United States. Perhaps the most important ‘first’ is that it’s the first bullion coin struck in a high relief. Striking coins in ‘High Relief’ transforms a simple coin into a work of art. The U.S. Mint normally reserves striking coins in high relief for special releases and to commemorate anniversaries; it’s a process that takes more time and effort to produce and can make minting perfect strikes much more difficult. So, the fact that they stuck this bullion coin in high relief is an important and extremely significant moment in U.S. coin minting history.” He added, “With a mintage of only 15,000, to say that the Early Releases designation coins with Edmund Moy’s hand-signed label are special is an understatement. One could argue that the minting techniques and technology that Moy spear headed as the most innovative Mint Director in modern history made it possible for coins like the new American Palladium Eagle in ‘High Relief’ to exist at all. Mr. Moy’s leadership reinvigorated the U.S. Mint and other vital programs like the 24 karat Gold American Buffalo. The 2009 Saint Gaulden’s Ultra High Relief Double Eagle gold coin and many other special release coins were launched during his tenure. It was also under his direction that our American Mint became the world’s largest provider of bullion coins. It’s for all these fascinating reasons that I’m so excited for our company to secure such a prestigious signature allocation. I’m also equally thrilled for our great clientele who now have the opportunity to hold these historically significant pieces.” President George W. Bush and is often credited by his colleagues for introducing great technological innovations at the United States Mint. NGC is a multinational coin grading service provider based in Sarasota, Fla. and is the world's largest third-party coin grading service. The American Palladium Eagle is an official palladium bullion coin of the United States of America. Authorized under the "American Eagle Palladium Bullion Coin Act of 2010", it was first released by the United States Mint on September 18th, 2017. All American Eagles are legal tender coins, with their face value imprinted in U.S. dollars. Although their face value is largely symbolic, it provides proof of their authenticity as official U.S. coinage.