Wtt: Gold For Platinum - Coin Community Forum

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Author	Replies: 3 / Views: 2,556
texasmick Pillar of the Community United States 751 Posts	Posted 08/20/2011 4:28 pm This may be a first: I have a 1989 AGE 1/10 oz. (unc) and I'm interested in exchanging it for a 1/10 oz. platinum piece. The graysheet lists a premium for the '89, though I'm not sure why (it does not appear to be due to the mintage). If you are interested, please let me know and if a straight-up trade would be sufficient or not. Thanks! Edited by texasmick 08/20/2011 5:02 pm Report this Post to the Staff

sel_69l Bedrock of the Community Australia 21786 Posts	Posted 08/21/2011 05:44 am Excellent idea. Win / win situation. Almost all of the time, platinum has a higher price than gold. Even if gold and platinum stay of equal value forever after this time, (which it won't), you can't loose. There is always some temporary downside risk that for a small period, that platinum will rise more slowly than gold, but historically, that will not happen for an extended period. There is greater significant risk that gold has risen a little too quickly in recent weeks, and so should decrease in price a little, at least. You are just changing from the medium rise elevator to the high rise elevator. I can't do that. I already have a 1 oz. platinum Koala. Good luck, and enjoy the high flyin'! Edited by sel_69l 08/21/2011 05:49 am Report this Post to the Staff
texasmick Pillar of the Community United States 751 Posts	Posted 08/28/2011 4:14 pm Went to a show today and only found one 1/10 oz. platinum piece. Seller wanted $40 to complete the trade, so I walked. Still looking.... Report this Post to the Staff
mkman123 Pillar of the Community United States 3184 Posts	Posted 08/28/2011 7:31 pm Yep glad you walked what a rip that dealer was asking. Report this Post to the Staff
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