Rare 2007 $25 Platinum Eagle Frosted Freedom Variety Draws 52 Bids

WASHINGTON (Scrap Monster): A rare proof Platinum Eagle "Frosted Freedom" variety coin has swarmed over 56 bids, topping $32,000 for the auction block on Sunday, April 27, 2014.

As per the report, the $25 quarter-ounce proof error was struck at the West Point Mint in 2007 that carries the word FREEDOM in frosted type instead of the brilliant mirror finish found on non-error coins. According to Mr. Ian Russell, President/founder of Great Collections, this rare coin is remarkable by its manufacturing procedures and its distribution.  

Platinum American Eagles are made of .9995 platinum and denominated, as follows: $10 (1/10 ounce), $25 (1/4 ounce), $50 (1/2 ounce) and $100 (one ounce).

The Frosted Freedom variety was found in 2011 on a one ounce proof Platinum Eagle. The United States Mint later confirmed a potential population of 54 in varying sizes — 12 in one ounce ($100 denomination), 21 in half ounce ($50 denomination) and 21 in quarter ounce ($25 denomination).

2007-W Proof Platinum Eagles carry the second design from the U.S. Mint’s three-year series entitled, "The Foundations of American Democracy. Reverses bear the emblem of three branches of the United States government — the legislative (2006), executive (2007), and judicial (2008).

The W Proof Platinum Eagles’ reverse depict a bald eagle with its wings spread wide to represent freedom with a shield at the ready to enforce the laws that guarantee those freedoms that is designed by Mr. Phebe Hemphill. Inscriptions include THE UNITED STATES OF AMERICA, 1/2 OZ., .9995 PLATINUM, the coin’s denomination, and the West Point "W" mint mark and the word FREEDOM on banners draped over the shield.