What is the Platinum Coin Act?

By GovMint :

The Platinum and Gold Bullion Coin Act of 1995, also known as H.R.2018, was a U.S. law that authorized the production of platinum bullion coins by the U.S. Mint and allowed the mint to issue American Gold Eagle coins in two or more versions at the same time. This legislation aimed to expand the options for collectors and those interested in precious metals by introducing more American coins made from platinum and gold to the market. The coins produced under this act are considered legal tender and have gained popularity among numismatists and precious metal enthusiasts alike.

Sources Used:

https://trackbill.com/bill/us-congress-house-bill-2018-united-states-platinum-and-gold-bullion-coin-act-of-1995/268704/

https://www.congress.gov/bill/104th-congress/house-bill/2018?s=1&r=83