Posted 08/07/2018 9:08 pm
It is a gorgeous piece -- my favorite of the US bullion coins. I believe the high prices you're seeing are due to its relatively low mintage, and the fact that palladium is about $100 lower than when the coin was publicly available (and more than $200 lower than its peak about 2 months later).
IMO dealers are unlikely to lower their prices on ebay any time soon because it would be a loss for them and there's still time for the market to recover to the prices they paid. You might get lucky and find a seller who needs to unload (even at a loss) but I wouldn't hold my breath.
If you want palladium bullion as an investment, CelticKnot is right -- there are other, better-priced options. If you want this particular piece, you can expect to pay a premium, at least for the time being. Whether it holds this premium in the long run is anyone's guess -- it's beautiful and there aren't that many. But there will be bullion and proof editions this year, so you may find a better price for a 2018. It just won't be first-year.
IMO dealers are unlikely to lower their prices on ebay any time soon because it would be a loss for them and there's still time for the market to recover to the prices they paid. You might get lucky and find a seller who needs to unload (even at a loss) but I wouldn't hold my breath.
If you want palladium bullion as an investment, CelticKnot is right -- there are other, better-priced options. If you want this particular piece, you can expect to pay a premium, at least for the time being. Whether it holds this premium in the long run is anyone's guess -- it's beautiful and there aren't that many. But there will be bullion and proof editions this year, so you may find a better price for a 2018. It just won't be first-year.
