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 Replies: 20 / Views: 2,832 |
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Pillar of the Community
United States
5855 Posts |
When PM took a tumble at the end of September and platinum was actually trading below gold for a change, I debated whether to get some platinum. I finally decided not to, and then immediately regretted it as the prices started to climb again. On October 7th, I finally decided to go for it when the price of platinum briefly dipped back down to $1500 and I managed to purchase one Australian Platypus coin for only $75 above spot ($1,576) from Goldmart. Well, it took forever to get here since I paid by personal check, but it just arrived today. I bought it purely as bullion, but man -- what a beautiful coin:   The pictures above are mine. The ones at Goldmart didn't do it justice and I didn't realize how nice a reverse proof the design actually was. Oh -- and the cost of platinum has gone up $135 or so while I was waiting for it to arrive, so that's a nice bonus as well... [Edited because I just realized I misspelled Platinum in the title!  ] Edited by barryg
10/28/2011 2:16 pm
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Pillar of the Community
United States
3670 Posts |
Wow, the legendary Platypus 1 oz platinum round, I would love to own one of those! Great up-close picture by the way, real nice image of the poisonous beast in motion, lol....
Not many know this, but they have a claw which is tipped with a most nasty toxin. An if you receive a sting from it, the pain is so intense you will pray for death they say. Makes you look at that critter in a whole new light eh, great addition!
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Valued Member
United States
458 Posts |
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Pillar of the Community
 United States
5855 Posts |
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Great up-close picture by the way, real nice image of the poisonous beast in motion, lol... Thanks! I was rather happy with the way the pics came out. |
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Pillar of the Community
United States
4008 Posts |
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I managed to purchase one Australian Platypus coin for only $75 above spot ($1,576) from Goldmart. Excellent choice in PM. Very nice acquisition.  Quote:
Oh -- and the cost of platinum has gone up $135 or so while I was waiting for it to arrive, so that's a nice bonus as well... Don't you just love it when that happens? I know that I sure do. So much for being behind because of the premium.  |
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Pillar of the Community
United States
1151 Posts |
Those coins are made in high relief correct?
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Rest in Peace
United States
7075 Posts |
I wish I could see it person! The artwork is so fluid that I half expect it to move.
You take great pictures.
Enjoy!
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Pillar of the Community
United States
5855 Posts |
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Those coins are made in high relief correct? I honestly can't say. It doesn't feel high relief to me, but I'm not an expert. |
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Pillar of the Community
United States
3670 Posts |
"The artwork is so fluid that I half expect it to move."
That is due to the twisting under water vegetation and the water bubbles I figure. Very clever design by that artist there, and a great unique animal for the center piece. One of those coins that will be always sought after by those that see the value in platinum anyway (as do I, and most here) for a long time to come....
Edited by Silverhawk74
10/27/2011 9:53 pm
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Pillar of the Community
United States
648 Posts |
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Pillar of the Community
United States
2764 Posts |
I was gonna pull the trigger on that coin, at about the same price, too but then decided to get the US Mint 1oz Proof, the 6 years Liberty series w/ limited mintage of 15K, I think, but the premium is higher @ $1790.
Nice coin. I am wondering what's the mintage.
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Pillar of the Community
Canada
1502 Posts |
A beauty, been pining for one for ages, but have to settle on the 1/10oz Pt maple that I've got
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Pillar of the Community
United States
5855 Posts |
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Nice coin. I am wondering what's the mintage. It honestly didn't occur to me to even inquire. As I said, I was buying this as purely bullion and wasn't thinking of it in numismatic terms. The premium I paid over spot was in line with other platinum products (whether "coins" or bars), and I didn't realize it mattered what the mintage was. Are you saying these could someday be collectible and have a value above the bullion value? If so, sweet! |
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Pillar of the Community
United States
2764 Posts |
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Pillar of the Community
United States
5855 Posts |
Ah... But I didn't pay a $200 premium! Goldmart only charged a $75 premium...
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Pillar of the Community
United States
5855 Posts |
Oh, wait -- you're talking about the other coin, not the platypus. Never mind...
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Replies: 20 / Views: 2,832 |
Posted 10/27/2011 4:03 pm
