The 2019-W Palladium American Eagle was the first reverse proof ever struck in the series, and the Mint capped it at just 30,000 coins. West Point produced the entire run in one ounce of .9995 fine palladium, a metal the Mint had never used for a reverse proof before. Buyers took the full allotment quickly, and collectors building a complete palladium Eagle set still need this single date to finish it.

Adolph A. Weinman's Winged Liberty head fills the obverse, the same portrait that made the Mercury dime one of the most admired designs in American coinage. LIBERTY arcs around the border while the 2019 date and the W mintmark sit below the truncation. The reverse carries Weinman's 1907 American Institute of Architects medal eagle, shown perched with a branch, and the legends read UNITED STATES of AMERICA, $25, and 1 OZ. Pd .9995 FINE. On a reverse proof the fields are frosted and the devices are mirrored, which reverses the usual proof contrast and makes the eagle stand out in sharp relief.

PCGS graded this palladium Eagle PR-70, the top of the proof scale and a grade awarded only when no flaw appears under five-power magnification. The frosted fields are clean and even, the mirrored devices are deep, and the strike brings up full detail in Liberty's wing and the eagle's feathers. A perfect grade on a one-year design, in a metal rarely seen in American coinage, puts this piece at the top end of what the series offers. For those seeking a flawless example of the only reverse proof Palladium Eagle, this coin delivers. Serial number shown is not the exact coin you will receive.

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