Holding Platinum?
ChewliesGum
Posts: 72 ✭✭
For those of you who hold some platinum in your stash, what is your preferred go to? 1 oz bars, commemorative rounds?
It seems like with platinum being the third wheel of stackers there isn’t a preferred choice.
Pictures always make a thread better so please post away.
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Platinum Eagles, hands down.
I knew it would happen.
Preferred size?
I stack gold and silver. Because of the premiums associated with platinum I own that with ETFS and miners
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Preferred size?
If financial gain is your goal, it's got to be 1 ozers. As Justacommeman notes, the premiums are higher than silver & gold, and the smaller denominations are higher yet.
Regardless of the denomination, you really need a longterm goal with platinum, and dollar-cost-averaging is probably the best approach as well.
I knew it would happen.
Is there really any other choice 😎
Platinum. The other white meat
m
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
Traded my B&M 10 1-ounce PAMP gold bars for these 10 years ago this October:
--Severian the Lame
I love all my platinum. Maples, Pandas, Beasts & Eagles.
Long-term, typical premiums are irrelevant to me.
I will say I wouldn’t trade in bars but that goes for all metals.
Pamp 1, 2.5, and 5 gram versions are the easiest to sell.
I collected the 1/2 oz proof $50 eagles until they stopped making them. Think I have a couple 1oz proofs, and at least 1 of every denomination. I just liked the 1/z size. It was a good compromise between price and being able to still see the image on the coin.
Platinum Platypus ftw
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catalytic converters but only because I get them free as part of my mechanic hobby
Is the mechanic hobby cutting them off, welding them back on, or welding them on so they don't get cut off and recycled again, or all of the above? LOL
Edited to add: Rhodium just hit $26,000/ounce!!!. Getting close to $1,000 a gram which is just insanely high. Those converters are real money, even with platinum at about $1,200 an ounce and palladium at $2,300.
My US Mint Commemorative Medal Set
Done forgot I had this mythical beauty:
Beautiful dragon. What country?
My US Mint Commemorative Medal Set
Not the better side of the coin: