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 Replies: 17 / Views: 3,171 |
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Moderator
 United States
23522 Posts |
No, but I darn sure would if I were to ever venture into this aspect of collecting/investing. It's a genuinely rare metal with important unique industrial applications, and is therefore a near-lock to retain and gain value in the long term. There's a reason why it's more expensive than gold - Kitco has it currently at $1455 bid while gold is $1238.60.
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Pillar of the Community
Canada
1823 Posts |
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Valued Member
 United States
69 Posts |
@SsuperDdave.
Current price for Palladium right now is $740 ,and $1455 is for platinum. I think you got your medals mixed up
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Moderator
United States
23522 Posts |
Quote:
Current price for Palladium right now is $740 ,and $1455 is for platinum. I think you got your medals mixed up
So I did.  Even better - palladium is (IMO) vastly undervalued at that number. |
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Valued Member
United States
69 Posts |
no problem my friend ,we all do :)
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Pillar of the Community
Canada
3692 Posts |
My wit is rare. Pay me. :)
Palladium is awesome to work with. But it's an ugly grey color which is why palladium items usually get plated with rhodium.
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Bedrock of the Community
13014 Posts |
I keep hoping the US will do a coin even if its just a one off but they keep spending millions studying it instead of just using that money to do a trial year and see how it goes.
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Moderator
United States
23522 Posts |
Quote:
I keep hoping the US will do a coin even if its just a one off but they keep spending millions studying it instead of just using that money to do a trial year and see how it goes.
Is there even enough free to do a coin, aside the chancy Russian supply? |
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Bedrock of the Community
13014 Posts |
Quote:
Is there even enough free to do a coin, aside the chancy Russian supply? Since they bothered to spend the money studying it I would assume so, but I do believe we would be at the mercy of the Russians for it. It seemed like it kept getting killed because of concerns over the strength of future sales |
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Pillar of the Community
United States
1200 Posts |
In July 2012, I followed the sage advice given to me at the time and didn't buy the Pd I was thinking about buying---at $575/oz. I never did end up buying
any, but I've been kicking myself ever since. As for your 2nd and 3rd questions... Future price is as always "nobody knows and there's no way to guess."
If I was going to buy either Pt or Pd, I'd go with Pt American Eagles because there'll likely never be any liquidity problems with them.
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Valued Member
United States
69 Posts |
that's why exactly I bought silver instead, it is easier to sell in this rain so much volatile.
when the prize goes high you sell , when the price goes low you bye.
And in the aspect of collection, gold and silver coins have a wide selection and great history behind it.
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Pillar of the Community
United States
1454 Posts |
One of my silver coins is plated with palladium but that's as close as I've ever gotten to the real thing.
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Valued Member
Canada
129 Posts |
no I was thinking of investing in rhodium
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Valued Member
United States
69 Posts |
I know rhodium when to $20,000 at one time, but where would you sell it ? the only place I can think of is ebay, and who would pay so much money when the price goes up? and a lot of people don't even know what is rhodium. do you know any websites that sell rhodium? |
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Valued Member
United States
69 Posts |
Rhodium is a very hard metal to work with, that's why your ddon't see a lot of coins made by rhodium, plus a think is unhealthy when held with bare hands, but I could be wrong.
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Posted 01/22/2014 11:52 am
