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They are legal tender for all debts public and private at their face values. Government, however, has taken the position that paying debts with such coins at their face value, where the face value is lower than its intrinsic value, will implicate money laundering and tax evasion statutes.These face values do not reflect their intrinsic value which is much greater. From 1998 to 2002, proof versions of the American Platinum Eagle carried a different reverse design under a program entitled "Vistas of Liberty".Note: The 1/10, 1/4, and 1/2 troy oz coins are identical in design to the 1 troy oz coin except for the markings on the reverse side that indicate the weight and face value of the coin (for example, .9995 PLATINUM 1 OZ.).As is often the case with bullion coins, the face values of these coins (, , , and 0) are their legal values reflecting their issue and monetized value as coins.In 1995, Director of the United States Mint Philip N.
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Uncirculated versions (with the same reverse every year) have been minted from 1997 through late 2008, in 2014 and in 2016.
Because it may be considered commodity platinum rather than a rare coin, the American Platinum Eagle may be placed in an Individual Retirement Account in the United States.
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