2022 $100 Platinum Eagle NGC MS70 First Day of Issue – Signed by Michael Castle “The Coinage Congressman”

2022 $100 Platinum Eagle NGC MS70 First Day of Issue – Signed by Michael Castle “The Coinage Congressman”

2022 $100 Platinum Eagle NGC MS70 First Day of Issue – Signed by Michael Castle “The Coinage Congressman”
 
Authentic hand signed coin by Michael Castle, The Coinage Congressman who sponsored the Commemorative Coin Authorization and Reform Act of 1995, which created the American Platinum Eagle coin series.
 
The American Platinum Eagle series is a perennial collector favorite. We showcase this 2022 $100 Platinum Eagle certified in flawless MS70 condition by NGC, meaning this perfectly-graded coin has zero imperfections and displays all of the fine details of the design exactly as the designer and engraver intended. This coin also has the First Day of Issue designation, the most coveted designation in modern coin collecting.
 
American Platinum Eagles feature unique designs, while the American Gold, Silver and Palladium Eagles all feature historic effigies of Liberty adapted from the 20th century of American coinage. Platinum Eagles are also the only U.S. coin series that can be minted in any denomination and for any reason, which is why the minting of a $1 trillion platinum coin has been considered to solve our nation’s debt crisis.
 
Who is Michael Castle?
 
"Mike Castle has done more than any other person in the last 25 years to shape United States coins," says Steven R. Eichenbaum, CEO of NGC. Michael Castle 
Michael Castle, “The Coinage Congressman”, is a two-term Governor of Delaware and near twenty-year member of the US House of Representatives. While in Congress Mike Castle introduced legislation that authorized a number of important modern U.S. coin programs.
 
The first numismatic legislation that Castle sponsored was the Commemorative Coin Authorization and Reform Act of 1995, which created the American Platinum Eagle bullion coin. A year later, Castle drafted the legislation that limited the number of new commemorative coin subjects to two per year. This limit, designed to focus the series and build collector interest. Castle also drafted and sponsored the legislation for the American Gold Buffalo series, America’s first 24-karat gold coins, and several new commemoratives, including the 2006 silver dollars that honored Benjamin Franklin, an ancestor of Castle's. In his last piece of numismatic legislation, Castle created the America the Beautiful Quarters Program to begin after the conclusion of the 50 State Quarters Program.
 
Platinum
 
Platinum is Thirty times rarer than gold
Platinum was first used for coins in Russia in 1828.
Platinum is one of the heaviest metals. A six-inch cube of platinum weighs as much as an average human being.
One gram of platinum can be stretched into a wire that is over 2,000 meters (over a mile) long.
During World War II, non-military use of platinum was banned in the United States, as it was deemed a strategic metal.
 
Collector Highlights
 
Perfect MS70 condition certified by NGC
First Day of Issue –The most prized designation in modern coin collecting
Michael Castle Signature – He sponsored the bill that created the coin
$100 face value – The highest face value on U.S. Mint coins
One troy-ounce of .9995 pure Platinum
Low mintage
Low NGC certified population