INDEXMelt value
$718
0.5 troy oz at $1,436.50 per oz platinum spot
Typical asking premium over melt
$77.75 over melt
Median ask of 8 sellers; asking prices, not sales
The American Platinum Eagle 1/2 oz contains 0.5 troy ounces of fine platinum. At $1,436.50 per ounce (spot as of October 31, 2026), its melt value is $718. Over the 90 days to October 11, 2026, 8 distinct sellers asked a median of $77.75 over melt for it. These are asking prices, not completed sales.
As of the last site build; refreshes when the page loads. See how these figures are made or the raw data (JSON).
Recent asks (8 of 8)
These are asking prices, not completed sales. Each premium is measured against the spot price on the day it was posted. Asks differ from one another by $50.81 (median absolute deviation): a spread, not a range to price within.
| Posted | Ask per item | Over melt | Spot that day | Subreddit | Item | Source |
|---|---|---|---|---|---|---|
| September 27, 2026 | $1,070.00 | $187.05 over melt | $1,765.90 | r/CoinSales | 1/2oz Platinum Eagle | post |
| September 27, 2026 | $975.00 | $85.00 over melt | $1,780.00 | r/Pmsforsale | 2002 1/2 oz Platinum American Eagle | post |
| September 24, 2026 | $950.00 | $70.50 over melt | $1,759.00 | r/Pmsforsale | 2001 1/2oz American Platinum Eagle | post |
| September 1, 2026 | $1,020.00 | $119.67 over melt | $1,800.65 | r/Pmsforsale | 2004 1/2oz American Platinum Eagle | post |
| August 29, 2026 | $975.00 | $62.09 over melt | $1,825.83 | r/Pmsforsale | 2000 1/2 oz American Platinum Eagle | post |
| August 14, 2026 | $890.00 | $18.05 over melt | $1,743.90 | r/Pmsforsale | 1/2oz Platinum American Eagle | post |
| August 11, 2026 | $890.00 | $14.60 over melt | $1,750.80 | r/Pmsforsale | 1/2 oz 2005 American Platinum Eagle (2 listed) | post |
| August 3, 2026 | $950.00 | $140.92 over melt | $1,618.15 | r/Pmsforsale | 2005 1/2 oz Platinum American Eagle | post |
Item names are an automated extraction from each post, not the seller's own words.
Specifications
- Legal tender in
- United States
- Face value
- 50 dollars (US)
- Fineness
- .9995
- Fine platinum content
- 0.5 troy oz
- First issued
- 1997
- Coindex id
APEO-12oz
Last struck in 2008; platinum bullion production was suspended in 2009.
History
Congress created the United States Mint with the Coinage Act of April 2, 1792, establishing the nation's first national mint after the Constitution was ratified. It was placed in Philadelphia, then the capital, and its building there was the first federal building erected under the Constitution. David Rittenhouse was the first director.
An 1873 law made the Mint a bureau of the Treasury Department, and it still produces coins at Philadelphia, Denver, San Francisco and West Point and runs the Fort Knox bullion depository. A ban on private gold ownership dating from 1933 was lifted at the end of 1974. The American Gold Eagle was first struck on September 8, 1986, and the one-dollar American Silver Eagle on October 29, 1986. Platinum coins were authorized in 1997, and palladium American Eagles went on sale in 2017.
Further reading
- U.S. Mint: History of the U.S. Mintusmint.gov
- U.S. Mint: Historical timeline of the U.S. Mintusmint.gov
Compiled by Coindex from the sources above. It is not a statement by the mint.
Sources: specifications from the Coindex catalog, spot from Coindex's precious-metals feed, and asking prices from r/Pmsforsale and r/CoinSales posts matched to this exact product. Coindex does not sell bullion and is not a dealer.