| Author |
Replies: 18 / Views: 2,021 |
|
Valued Member
United States
486 Posts |
Where can you buy Rhodium? -PP
|
|
|
|
Valued Member
 United States
486 Posts |
Also, are ther any ancient coins made out of Rhodium?
|
|
Moderator
 United States
188046 Posts |
I Googled "buy rhodium" and got many links asking the same question you are asking! I tried to follow a few that seemed promising, but they kept linking to other pages with more links! Frustrating! I gave up after a while, so I don't have an answer for you.  Anyone? 
|
|
Pillar of the Community
United States
6326 Posts |
Rhodium can be found in the dirt following a rodeo. If it's a big rodeo, many specimens may be found here. Rhodium is the film or coagulate remaining after dozens of broncos or bulls have run around the large event enclosure. It is, in fact, originally a by-product derivative of several basic compounds. However, it can contain impure products such as sweat, blood, urine, and/or feces....both human and animal. When you've obtained the aforementioned "coagulate", you can then begin a simple "smelting process" to derive a more pure sample. Hope this helps.... Sincerely, Darren ahhhhhh just kiddn' !! ..... I don't have the slightest clue about "Rhodium" not in it's origins or the purchasing of .......  
Edited by eaglefoot 07/15/2008 6:15 pm
|
|
Rest in Peace
United States
1501 Posts |
Edited by COINAHOLIC 07/15/2008 6:20 pm
|
|
Valued Member
United States
100 Posts |
I have absolutely no idea where you can buy it, but let me tell you this. We studied metals this past year and rhodium is probably the MOST EXPENSIVE and one the RAREST metals out there (in the pure state). It's very similar to platinum except it is less dense, harder, and shinier. Rhodium looks similar to a mirror when it is processed. The price for an ounce of Rhodium is about $9,500 dollars. That is about 10 times the price of gold!
In my opinion, it is possible that coins could have been minted out of rhodium, but it is more likely to have been used in jewelry and stuff like that. Good luck finding some!
Edited by Coinwhiz1776 07/15/2008 7:40 pm
|
|
Valued Member
 United States
486 Posts |
It is so extremely rare that Gold is 1 tenth the price of rhodium, but finding an ounce of rhodium in nearly impossible compared to how easy it is to find gold for sale. When you think of how hard it is to obtain rhodium you really realize its rarity. -PP
|
|
Pillar of the Community
Australia
2830 Posts |
G'day, discovered 1803; see - http://en.wikipedia.org/wiki/RhodiumIf I recall correctly, there was a thread about a month ago about privately-minted "coins" composed of the various metallic elements. Peter in Oz
|
|
Valued Member
United States
100 Posts |
Wouldn't it be nice to dig out a nice hunk of Rhodium weighing out at 2 pounds?
|
|
Pillar of the Community
United States
547 Posts |
|
|
Valued Member
 United States
486 Posts |
How does the pool account work? -PP
|
|
Valued Member
 United States
486 Posts |
Do you receive physical bullion for that price?
|
|
Pillar of the Community
United States
581 Posts |
If you're looking at investment possibilities, then I think you're answering your own question. If you can't find anyplace to buy it, how will you ever sell it, if you want/need to?
Rarity. Hmmm. I'm guessing the microphone for a 1977 Cobra CB Radio is pretty hard to find and I bet you can even google it and not find it. Rare? Yes. Good Investment? You fill in the blank.
|
|
Pillar of the Community
United States
1121 Posts |
IMO if this metal is so rare then it would be a great investment, asuming there is a demand for it. As with almost everything that is hard to find or scarce, there is someone out there willing to pay for it, even if it means paying beyond its true market value. Just my Two Cent (common dates of course). lol.
|
|
Pillar of the Community
United States
547 Posts |
|
|
Pillar of the Community
United States
1130 Posts |
Rhodium was only $400 an oz six years ago. Prices spiked up amid supply concerns. I would stay away from investing in that metal. There is not much of a market to buy and sell that metal outside the industrial/wholesale level. Platinum and gold are better choices, plus you can buy these bullion guaranteed by the US gov't in the form of American Eagle coins. As for ancient coins, I doubt that any coins will contain any significant amount since they were not able to isolate this element until recently.
Edited by 1sikevo 07/16/2008 11:28 am
|
| |
Replies: 18 / Views: 2,021 |