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 Replies: 44 / Views: 4,616 |
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Pillar of the Community
United States
7034 Posts |
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Bedrock of the Community
13014 Posts |
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it's a bullion coin and the money they charge doesn't have much collector demand behind it, there aren't many collectors of palladium coins that even if the mintage was 5000 pieces total there still would be too many of them minted to make it go up in value as a collector piece.
Last years was 15k mintage for a normal version and it was an instant winner. If this had a mintage of 15k or less it would have been as well |
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Valued Member
United States
425 Posts |
A bullion coin, and like all bullion coins, I personally pass on them.
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Valued Member
299 Posts |
No, thanks. I think I could have a lot more fun (numismatic or otherwise) with that money.
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Bedrock of the Community
13014 Posts |
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A bullion coin, and like all bullion coins No ones forcing you to buy it or even like it, but it is not a bullion coin. |
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Pillar of the Community
United States
7276 Posts |
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..., but it is not a bullion coin. Why is it not a bullion coin? Its priced at the bullion rate (plus a premium), it can but shouldn't be used as currency, (if you want to get it, I'll give you $25 for it ;),me thinks its a bullion coin. Even the mint says its a precious metal coin (bullion) "Palladium coins are the latest addition to the United States Mint's popular American Eagle collection of precious metal coins." |
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Bedrock of the Community
United States
36745 Posts |
Palladium is one big question mark. Spending that kind of money, I'd feel safer in gold.
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Moderator
 United States
188440 Posts |
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Palladium is one big question mark. Palladium. The BitCoin of precious metals.  |
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Bedrock of the Community
13014 Posts |
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Even the mint says its a precious metal coin (bullion)
"Palladium coins are the latest addition to the United States Mint's popular American Eagle collection of precious metal coins." PM doesn't mean bullion unless of course someone wants to make the argument Bust dollars are "bullion" too because they're made of silver. If you can buy it directly from the US mint it isn't bullion. Bullion coins aren't sold to the public by the US mint, they are only sold to and small handful of authorized distributors. The simple fact that you can buy it directly from the mint shows that it is a numismatic version being marketed and sold as such. 2017 was a bullion one that picked up a numismatic premium. 2018 was a collectors proof version, and this years is also a collectors reverse proof version. |
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Pillar of the Community
United States
7276 Posts |
You can buy ASE directly from the mint. You can buy gold eagles directly from the mint. I think both of those are bullion. Like I said before I'll give you $25 for the palladium coin :) |
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Bedrock of the Community
13014 Posts |
Quote:You can buy ASE directly from the mint. You can buy gold eagles directly from the mint. I think both of those are bullion. Not the bullion versions you can't. You can only buy the collector versions at significant premiums. There is NO bullion you can buy directly from the mint. The ONLY places that can buy bullion right from the mint are the authorized purchasers. There are 8 authorized purchasers in the USA and a 9th that can only buy silver, 2 in Germany which are both banks, and 1 in Japan that can only buy platinum. If a normal customer can buy it from the mint it is not bullion and is a numismatic collectors version Edited by basebal21
09/20/2019 5:07 pm
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Pillar of the Community
United States
7276 Posts |
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Pillar of the Community
United States
2470 Posts |
how big of a hit will you take? impossible to determine. you'd have to buy one & wait n see. maybe you'll break even. maybe you'll gain. for me, it's just too much money for a question mark. I like the Mercury dime design, and I enjoy seeing it as palladium coin, but I still cannot afford it & won't make an effort to try to. for that kind of money I could finish my Wheat cent collection and i'd much rather do that or any number of other things. let's say I did have the money; would I buy it then? no! i'd buy a gold buffalo instead.  |
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Bedrock of the Community
13014 Posts |
Quote:No difference between this https://catalog.usmint.gov/american...oins#start=1And the silver eagles I own. They aren't worth a $1, they are worth the precious metal. Yes there is a difference. You own the bullion version, you linked the collector uncirculated. The collector one is worth more than yours. You're just trying to push your opinion as fact and giving misinformation |
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Pillar of the Community
United States
7276 Posts |
Not an opinion, but I'm not going to argue. Like I said I'll gladly give you a $1 for the silver eagle since its not bullion.
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Replies: 44 / Views: 4,616 |
First Page
Posted 09/15/2019 7:05 pm
