United States Mint April 8, 2005 – Federal Register Recent Federal Regulation Documents

The United States Mint is increasing the premiums for purchases of uncirculated American Eagle Platinum Bullion Coins to its Authorized Purchasers. Pursuant to the authority that 31 U.S.C. 5112(k) grants to the Secretary of the Treasury to mint and issue platinum coins, the United States Mint mints and issues 1 ounce, \1/2\ ounce, \1/4\ ounce, and \1/ 10\ ounce platinum coins known as ``American Eagle Platinum Bullion'' coins. The United States Mint sells these coins at a price equal to the daily price of the platinum content of the coin, plus a premium. Effective April 1, 2005, the United States Mint will increase the premiums on uncirculated American Eagle Platinum Bullion coins from 3%, 5%, 7%, and 9% for the 1 ounce, \1/2\ ounce, \1/4\ ounce, and \1/10\ ounce coins, respectively, to 4%, 6%, 10%, and 15% for the 1 ounce, \1/ 2\ ounce, \1/4\ ounce, and \1/10\ ounce coins, respectively.