Palladium Melt Value Calculator
Enter the quantity of each palladium bullion coin you have to get an instant melt value at current palladium spot. Covers the American Palladium Eagle (issued annually since 2017) and the Canadian Palladium Maple Leaf (2005–2007 and 2009).
| Coin | Quantity | Palladium (oz) | Melt value |
|---|---|---|---|
American Palladium Eagle 1 oz$25 face, 2017–present, .9995 fine | 1 | $1,490.76 | |
Canadian Palladium Maple Leaf 1 oz$50 face, 2005–2007 and 2009, .9995 fine | 1 | $1,490.76 | |
| Total | — | 2 oz | $2,981.52 |
How this calculator works
Both major palladium bullion coins — the American Palladium Eagle and the Canadian Palladium Maple Leaf — are .9995 fine and contain exactly 1 troy ounce of pure palladium. Multiply by the current spot price to get the melt value, the raw worth of the metal in the coin before any collector premium.
The override box lets you model future scenarios — enter $3,000 to see what your stack would be worth if palladium recovered to its 2022 peak. Live spot pulled from /metals.
Palladium's role in the bullion world
Palladium is the smallest of the four major precious-metals bullion markets and by far the most volatile. The bulk of demand comes from autocatalysts in gasoline vehicles, where palladium converts harmful exhaust gases into less toxic compounds. As electric vehicles grow market share, this demand falls — which is why palladium prices have crashed from their 2022 highs.
For collectors, palladium offers diversification away from purely monetary metals. For autocatalyst recyclers and industrial buyers, spot price drives everything. The American Palladium Eagle is the dominant retail product — the Maple Leaf had a short run and is harder to find.
For dates, mintages, and proof issues, see the US bullion catalog and the Canadian bullion catalog.
Frequently Asked Questions
- How much palladium is in an American Palladium Eagle?
- The American Palladium Eagle (issued since 2017) is .9995 fine palladium and contains exactly 1 troy ounce of pure palladium. The face value is $25, but the melt value is keyed to spot price × 1 troy oz. Unlike the Gold and Silver Eagles, the Palladium Eagle is only minted in one size (1 oz).
- What is the Canadian Palladium Maple Leaf?
- The Royal Canadian Mint produced Palladium Maple Leafs in 1-oz size at .9995 fineness from 2005 to 2007 and again in 2009. Face value is $50 CAD. Production was discontinued due to limited demand. Existing coins trade at melt plus a small premium.
- Is palladium a good store of value compared to gold or platinum?
- Palladium has been the most volatile of the four major precious metals over the past decade. It surged from about $500/oz in 2016 to over $3,000/oz in early 2022 (driven by automotive catalytic converter demand and Russian supply concerns), then crashed back below $1,000/oz by 2024–2025 as electric vehicles reduced internal-combustion catalyst demand. For bullion buyers, palladium offers diversification but with significantly more price volatility than gold or silver.
- Why is palladium used in cars?
- Palladium is a key component in autocatalysts for gasoline-powered vehicles, where it converts harmful exhaust gases into less toxic compounds. Roughly 80% of global palladium demand comes from the automotive industry. Platinum plays a similar role in diesel autocatalysts. As electric vehicles grow market share, both metals see reduced industrial demand, which pressures their prices.
- How is melt value different from collector value?
- Melt value is just the palladium content × spot price. Collector value is what someone will pay above melt — driven by date, condition, and rarity. Most palladium bullion trades close to melt with a small dealer premium. The 2017 first-year American Palladium Eagle and the 2018-W proof do carry numismatic premiums above melt.
- Where do you get the palladium spot price?
- The live spot price comes from public metals market feeds, refreshed multiple times per business day. You can override the price in the calculator above to model "what if palladium recovers to $2,000?" or any other scenario.