Tuvalu American Bald Eagle Popular with Collectors
The Perth Mint in Australia has once again issued a one-ounce high relief silver proof coin with a stunning design that is captivating modern world coin collectors. This time the coin features an obverse image with a striking profile of the head of an American bald eagle issued for the island nation of Tuvalu.
The coin has a limited mintage of 5,000 pieces and collectors had to obtain the coin through U.S. distributors, one of whom claimed to be the exclusive distributor for all 5,000 coins, though the coin was also available from several other companies. In a short period almost all the coins sold out, including examples graded proof 70 by PCGS and NGC. On e-Bay they are selling at a premium over the prices dealers were charging during the past couple weeks.
The coin was designed by Perth Mint artist Ing Ing Jong, who has designed many other coins for Perth such as the 2013 Year of the Snake line of coins and others.
The bald eagle is a very popular theme, especially with North American collectors since that is where the animal lives. Bald eagles are said to represent strength, courage, freedom, and longevity.
Perth’s recent wedge-tailed silver eagle and the Royal Canadian Mint’s 2013 4-coin bald eagle series were both very popular and all those coins sold out quickly. It is clear that if the design is good enough and the coin has the added feature of being high relief and limited mintage, it is very likely to be a hit with buyers.