Only 7,500 Made: The 2024 Palladium Eagle Is Already a Modern Rarity

The 2024-W Proof $25 American Palladium Eagle has emerged as an instant modern rarity, with a mintage of just 7,500 pieces. For collectors tracking low-mintage issues, this coin represents one of the scarcest regular-issue U.S. Mint products in recent memory.

Why Palladium Eagles Matter

The American Palladium Eagle program launched in 2017, making palladium the fourth precious metal to be featured on U.S. legal tender coinage, joining gold, silver, and platinum. The coin’s obverse features Adolph Weinman’s classic “Winged Liberty” design, originally used on the Mercury dime from 1916-1945.

Historic Low Mintage

At 7,500 pieces, the 2024-W Proof represents one of the lowest mintages in the Palladium Eagle series:

2017-W Proof: 14,793
2018-W Proof: 14,904
2019-W Reverse Proof: 8,638
2024-W Proof: 7,500

This scarcity, combined with the design’s numismatic appeal and palladium’s industrial importance, suggests strong long-term collector interest.

The Palladium Market

Palladium prices have been volatile in recent years, driven primarily by automotive catalyst demand. While this makes the coins’ metal value unpredictable, the numismatic premium on low-mintage issues provides a floor that pure bullion pieces lack.

Acquisition Strategies

The Mint’s initial offering sold out quickly, so secondary market purchases are now the primary option:

PCGS/NGC certified examples command premiums but offer authentication and grade verification. First Strike or Early Release designations add modest additional value.

Original Mint packaging appeals to collectors who prefer coins as issued, though long-term this typically matters less than the coin’s grade.

Raw coins offer potential value if you can verify authenticity and the coin grades highly when submitted for certification.

Future Outlook

Modern rarities require patience. While the 7,500 mintage is objectively low, the collector base for Palladium Eagles remains smaller than for gold or silver. However, as the series matures and more collectors seek complete sets, these low-mintage issues should see increased demand.