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 Replies: 17 / Views: 3,158 |
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Valued Member
United States
69 Posts |
I read that Palladium is more rare then platinum and gold , but cheaper than those two.  Do you own any Palladium and why? Where do you think the price will go in the future? Which of these two precious metals do you prefer, Platinum or Palladium , and why? |
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Pillar of the Community
Canada
5417 Posts |
Don't own any Palladium as of yet, manly because it's hard to find any sizes for the round under 1oz. The price? I think it'll stay stable for a while then rise steadily as the demand for electronics increases.
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Pillar of the Community
Australia
3831 Posts |
Palladium is an unusual metal. Depending on how it was struck - bUNC or proof, it just looks very grey compared to platinum or silver. Best way to describe it is it looks more like stainless steel to the untrained eye.
I do own some palladium coins just for the sake of novelty. As of why... I presume I'm a metal head.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month. |
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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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Replies: 17 / Views: 3,158 |
Posted 01/22/2014 10:26 am
