Palladium Spot Price $1672 today

Rarity

Should the Mint drop the price of Palladium PR and RP to spot + $400 (mark up) per coin by this Thursday?

Not too long ago I saw $3000 on Palladium spot when Gold was $1900. What a drastic turnaround.

Jzyskowski1

Palladium and gold reversing value is of note. Silver is always a little goofy 😉

MetroD

@Rarity said:
Should the Mint drop the price of Palladium PR and RP to spot + $400 (mark up) per coin by this Thursday?

[...]

Is the current "mark up" $400 per ounce?

I thought that the current pricing range table had numismatic Pd at midpoint of row (average price per ounce) + $925.

For example:
current price: $2,750.00
current row (implied): $1,800.00 to $1,849.99 (average price per ounce)
row midpoint: $1,825.00 (rounded to nearest cent)
premium: $2,750.00 - $1,825.00 = $925.00

Edited to add:
This is how the Mint determines the applicable row post release.

pcgscacgold

The premium is still too rich for me. I will stay on the sideline and watch.

crito_is_baaack

Seems cheapest way to buy it (lowest premium) is Canadian Maple Leafs. There just aren't any new bars available and people seem to think their year old PAMP bar is a rare collectible. If you want to cry though look at what Liberty Coin used to sell Palladium bars for: https://www.libertycoin.com/1-oz-Palladium-Bar-Valcambi-999-5-p/pd-bar-1oz-valcambi-assay.htm

pcgscacgold

@crito_is_baaack said:
Seems cheapest way to buy it (lowest premium) is Canadian Maple Leafs. There just aren't any new bars available and people seem to think their year old PAMP bar is a rare collectible. If you want to cry though look at what Liberty Coin used to sell Palladium bars for: https://www.libertycoin.com/1-oz-Palladium-Bar-Valcambi-999-5-p/pd-bar-1oz-valcambi-assay.htm

And not too long ago the mint was selling the Proof for $3400. Wild swings for sure.