@ProofCollection said:
Mine came back PR69DCAM. It's available for sale in BST forum at mint issue price.
2917 left in mint inventory.
Do people actually pay Mint issue prices for 69s, when the coin is still available from the Mint, just to get a guaranteed non-70 in a slab?
The better question would be "does the 1st amendment actually exist anymore"? Not in current times it seems.
Except, this is a US coin forum, not a US politics forum. So this is simply not the place to have that discussion, and you are just going to get the thread nuked if you want to go there.
@ProofCollection said:
Mine came back PR69DCAM. It's available for sale in BST forum at mint issue price.
2917 left in mint inventory.
Do people actually pay Mint issue prices for 69s, when the coin is still available from the Mint, just to get a guaranteed non-70 in a slab?
The better question would be "does the 1st amendment actually exist anymore"? Not in current times it seems.
Fair question. I look at these themes as something we should aspire to and not necessarily assume our country fits all of our standards at all times. If you look at our history, that's very clearly not been the case in the past and won't be going forward. That's not to say we shouldn't still work toward them and coins remind us of what we should keep in mind regardless of our political position.
Here are updated numbers. The platinums over the past year have undersold. Over the last ten months they only sold between 250 and 400 coins of past issues still available.
1997 20,851
1998 14,912
1999 12,363
2000 12,453
2001 8,969
2002 9,834
2003 8,246
2004 6,007
2005 6,602
2006 9,152
2007 8,363
2008 4,769
2009 7,945
2010 9,871
2011 14,790
2012 9,081
2013 5,763
2014 4,596
2015 3,886
2016 9,151
2017 8,890
2018 16,222 * 16,622 * 400 sold in ten months
2019 11,263
2020 9,835
2021 9,884
2022 9,941
2023 8,494 * 8,745* 251 sold in ten months
2024 5,106 * 5,445* 339 sold in ten months
2025 4,679*
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
I like the eagle as well, but rather than an olive branch, I wish the design had the eagle clutching a written scroll or a quill pen to better symbolize the right to petition.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
And free shipping!…. for all of us that over bought this year.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
The price of platinum has increased since my first post to $2349 so now the mint is actually selling a precious metal coin below spot. Even if you don't like the series, that's noteworthy I think. I'm not saying folks should run out and buy them because I have no idea if the value of these coins will hold in the long term. However, if you like them (these are collector coins after all) then now might not be a bad time to get one if your primary motivation is collecting.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
The price of platinum has increased since my first post to $2349 so now the mint is actually selling a precious metal coin below spot. Even if you don't like the series, that's noteworthy I think. I'm not saying folks should run out and buy them because I have no idea if the value of these coins will hold in the long term. However, if you like them (these are collector coins after all) then now might not be a bad time to get one if your primary motivation is collecting.
As I said, if you think they are going to the moon, they are a great buy. Given the momentary disappearance of the usual obnoxiously high Mint collector premium, they are a great buy.
But, otherwise, not so much. Since there is no collector interest, as evidenced by the tiny mintages AND lack of any sellouts, the only numismatic premium you will ever see on these is the one the Mint charges.
Collecting these because "(these are collector coins after all)," is no different than collecting bullion, because the market ascribes absolutely zero premium to them, based on condition or mintage. As a result, yeah, they look like a deal because they are selling at spot today and will be $500 over spot tomorrow.
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
@NJCoin said:
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Platinum, just like all metals, is headed much higher.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
@NJCoin said:
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Platinum, just like all metals, is headed much higher.
If so, then yeah, these are no-brainers. That's a TBD.
My only point was that collectors have no interest in these, so they are just fancy bullion once they leave the distribution center. Regardless of the low mintage. And buying at a top, because things always look best at the top, is often a bad strategy.
All this said, sure, if you're a platinum bull, buying proofs directly from the Mint at or near spot is definitely the way to go.
The most significant catalyst for platinum's recent surge emerged last month with a development that fundamentally altered global price discovery mechanisms. The launch of platinum futures trading on the Guangzhou Futures Exchange represents more than simply another venue for speculation. Chinese traders have quickly demonstrated sophisticated understanding of platinum's supply-demand fundamentals, with trading volumes rapidly reaching levels significant enough to influence the established London markets. This expansion of trading infrastructure has introduced new sources of demand that operate according to different principles than traditional Western markets.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
@NJCoin said:
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Platinum, just like all metals, is headed much higher.
If so, then yeah, these are no-brainers. That's a TBD.
My only point was that collectors have no interest in these, so they are just fancy bullion once they leave the distribution center. Regardless of the low mintage. And buying at a top, because things always look best at the top, is often a bad strategy.
All this said, sure, if you're a platinum bull, buying proofs directly from the Mint at or near spot is definitely the way to go.
Yeah, just checking SD Bullion and APMEX the cheapest American Eagles look to be at about $300 premiums for random date UNCs. That's just how PL and PD are because they don't trade in large quantities.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
@NJCoin said:
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Platinum, just like all metals, is headed much higher.
If so, then yeah, these are no-brainers. That's a TBD.
My only point was that collectors have no interest in these, so they are just fancy bullion once they leave the distribution center. Regardless of the low mintage. And buying at a top, because things always look best at the top, is often a bad strategy.
All this said, sure, if you're a platinum bull, buying proofs directly from the Mint at or near spot is definitely the way to go.
Yeah, just checking SD Bullion and APMEX the cheapest American Eagles look to be at about $300 premiums for random date UNCs. That's just how PL and PD are because they don't trade in large quantities.
Right. Now ask them what their buy prices are. Pretty sure you're not going to see a premium at all. Might even see a discount.
@Goldbully said:
An hour ago ats was 532...............
ats: 422
Clearly, some people are paying attention, given, according to @HalfDime's post above, that less than 4700 sold YTD, and less than 400 each of prior years still available sold YTD. Grabbing them today, ahead of a $500 price increase tomorrow, is the move for anyone who wants to take a shot at platinum.
@Goldbully said:
Somebody just bought a lot of PlatProofs........
WOW!!!!! Very possibly a TV Guy deciding there was little risk at spot. Hard to believe these all of a sudden became popular with retail. 4700 selling over a year and then 530 selling in 2 hours late at night on the East Coast almost a full year after release. The 2023 is also gone now.
@Numismetal said:
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
@NJCoin said:
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Platinum, just like all metals, is headed much higher.
If so, then yeah, these are no-brainers. That's a TBD.
My only point was that collectors have no interest in these, so they are just fancy bullion once they leave the distribution center. Regardless of the low mintage. And buying at a top, because things always look best at the top, is often a bad strategy.
All this said, sure, if you're a platinum bull, buying proofs directly from the Mint at or near spot is definitely the way to go.
Yeah, just checking SD Bullion and APMEX the cheapest American Eagles look to be at about $300 premiums for random date UNCs. That's just how PL and PD are because they don't trade in large quantities.
Right. Now ask them what their buy prices are. Pretty sure you're not going to see a premium at all. Might even see a discount.
MoneyMetals is quoting $15 under spot. PL and PD have always been tough to invest in because of the bigger spread and lower liquidity. That's why when you can buy it from the mint at or below spot you do it. I bought 5 tonight thanks to this thread.
Is it automated? The mint is closed today. There are over 3000 2024's available.
Nothing has changed, so no automation apparently.
Come to think of it; a couple of months back on a wed, during a run-up of PM's, I noticed some items had repriced, while others had not until a bit later. Perhaps the price adjustments are handled manually.
Friday we might see some repricing.
Is it automated? The mint is closed today. There are over 3000 2024's available.
Nothing has changed, so no automation apparently.
Come to think of it; a couple of months back on a wed, during a run-up of PM's, I noticed some items had repriced, while others had not until a bit later. Perhaps the price adjustments are handled manually.
Friday we might see some repricing.
I believe the Trump executive order made Friday a day off for government employees too. We've got until Monday I reckon.
Is it automated? The mint is closed today. There are over 3000 2024's available.
Nothing has changed, so no automation apparently.
Come to think of it; a couple of months back on a wed, during a run-up of PM's, I noticed some items had repriced, while others had not until a bit later. Perhaps the price adjustments are handled manually.
Friday we might see some repricing.
OTOH, this move up in platinum is allowing them to clear out inventory that has been sitting for anywhere between one year and several years. The coins were minted at far lower prices.
This is far easier, and far less costly, than either continuing to let the coins sit or to melt them down. They are apparently in no rush to reprice, and are possibly using the holiday as an excuse. They could certainly either go in and have someone reprice, even on a holiday, or just suspend sales if they didn't want to actually make the sales.
@Numismetal said:
Platinum is down a bit from the height it reached a few days ago so I'm guessing many people purchased as speculation.
Even so, if they are going to get shaken out of a $2300 "speculation" based on a $50 one day move, they had no business speculating in the first place.
The reason to buy these now is to take advantage of a $500 momentary discount that will be eliminated once the Mint gets around to repricing. Not because you think platinum is a worthy speculation at all time highs, only to get shaken out on a 2% pullback after a 50% move in a month.
@Numismetal said:
Platinum is down a bit from the height it reached a few days ago so I'm guessing many people purchased as speculation.
Even so, if they are going to get shaken out of a $2300 "speculation" based on a $50 one day move, they had no business speculating in the first place.
The reason to buy these now is to take advantage of a $500 momentary discount that will be eliminated once the Mint gets around to repricing. Not because you think platinum is a worthy speculation at all time highs, only to get shaken out on a 2% pullback.
That is true but unfortunately there are cases just like that-someone speculating on platinum continuing to go up and a relatively small $50-$100 drop scaring them off.
@Numismetal said:
Platinum is down a bit from the height it reached a few days ago so I'm guessing many people purchased as speculation.
Even so, if they are going to get shaken out of a $2300 "speculation" based on a $50 one day move, they had no business speculating in the first place.
The reason to buy these now is to take advantage of a $500 momentary discount that will be eliminated once the Mint gets around to repricing. Not because you think platinum is a worthy speculation at all time highs, only to get shaken out on a 2% pullback.
That is true but unfortunately there are cases just like that-someone speculating on platinum continuing to go up and a relatively small $50-$100 drop scaring them off.
Agreed. All I'm saying is that they totally missed the reason for jumping on these. They could always buy platinum, at prices far below $2345, so there was no reason to jump on these now.
The reason to buy these now was only to avoid the $500 Mint numismatic premium. If and only if you like the coins, and then if and only if you believe in platinum intermediate to long term.
Because if you don't care about platinum and just like the coins, they have been available forever at prices far below $2345, albeit with the significant premium. And, if you're a platinum bull, the time to take the plunge was before it hit all time highs.
Jumping in yesterday, and then bailing after a tiny pullback, just shows that whoever did that has no idea what they are doing, and shouldn't be playing. Because the coins are still going to be priced far above $2345 when the Mint finally gets around to repricing them.
This is why I only bought one 2025 coin before I posted the link to the article about the surge in platinum. I like the coin and I also believe platinum will continue to rise over time. I will keep the one coin. I didn’t want to make a large investment of several coins. I continue to own two 2008-W and two 2006-W half ounce platinum coins. MS70s.
2025 and 2023 are sold out again. I bought a few of the 2025, but didn't buy the 2023 due to concern that the remaining 2023 coins could be returns due to bad quality.
@HalfDime said:
It looks like a few people got cold feet and canceled a few orders as some are back up.
These were $1545 when they first came out in February which is why I bought one back then.
On Tuesday I placed an order for some to speculate with and there is no way to cancel them yet as they are in Processing state. Even if you called the mint on Dec 24 they were closed and I suspect they are also closed on Dec 26 per Trump's EO so no orders have been cancelled unless by automatic means (ie payment failure).
Platinum futures jumped to over $2400 tonight to start the last day of trading for the week. These are officially below spot once again and there are plenty of 2018s, 2023s, and 2024s to buy. Judging by the way they have yet to sell out these are worth nothing more than melt while the 2025s may be very low mintage. I expect this run in platinum to take us to the $3000 area.
@triplelake said:
2025 and 2023 are sold out again. I bought a few of the 2025, but didn't buy the 2023 due to concern that the remaining 2023 coins could be returns due to bad quality.
There was 8 a few minutes ago and I just checked and there are 5 available. The mint does allow returns so I wouldn't worry about the quality.
Comments
Do people actually pay Mint issue prices for 69s, when the coin is still available from the Mint, just to get a guaranteed non-70 in a slab?
The better question would be "does the 1st amendment actually exist anymore"? Not in current times it seems.
Except, this is a US coin forum, not a US politics forum. So this is simply not the place to have that discussion, and you are just going to get the thread nuked if you want to go there.
It was dust an> @SIDtheKID said:
Fair question. I look at these themes as something we should aspire to and not necessarily assume our country fits all of our standards at all times. If you look at our history, that's very clearly not been the case in the past and won't be going forward. That's not to say we shouldn't still work toward them and coins remind us of what we should keep in mind regardless of our political position.
Charters of Freedom 2026 Platinum Proof Coin - Declaration of Independence
On sale Feb. 6th 2026. With the price of platinum soaring this may be a tough buy for many this year.
Only the bravest of the brave should attempt this purchase.
The 2026 coin is lame.
Here are updated numbers. The platinums over the past year have undersold. Over the last ten months they only sold between 250 and 400 coins of past issues still available.
1997 20,851
1998 14,912
1999 12,363
2000 12,453
2001 8,969
2002 9,834
2003 8,246
2004 6,007
2005 6,602
2006 9,152
2007 8,363
2008 4,769
2009 7,945
2010 9,871
2011 14,790
2012 9,081
2013 5,763
2014 4,596
2015 3,886
2016 9,151
2017 8,890
2018 16,222 * 16,622 * 400 sold in ten months
2019 11,263
2020 9,835
2021 9,884
2022 9,941
2023 8,494 * 8,745* 251 sold in ten months
2024 5,106 * 5,445* 339 sold in ten months
2025 4,679*
As of right now, spot Platinum is a $2279 and the available platinum eagles are at $2345--that's only a $66 premium over spot. That will change tomorrow of course when prices resets, but if you think platinum has potential and you like these coins it's a pretty good buy right now.
I like the eagle as well, but rather than an olive branch, I wish the design had the eagle clutching a written scroll or a quill pen to better symbolize the right to petition.
And free shipping!…. for all of us that over bought this year.
"Pretty good buy" as compared to what? Platinum is currently trading at an all time high. While anything can always go to the moon, platinum right now is more expensive than it has ever been.
And yeah, the Mint prices precious metal numismatic products at obnoxious premiums, so a very modest premium to spot is a "good buy" relative to the $500 premium these will cost when repriced tomorrow. OTOH, there is no interest in this series, so the coins will never be worth more than spot on a resale, so it's kind of hard to get to "pretty good buy" when they are more expensive than they have ever been.
The price of platinum has increased since my first post to $2349 so now the mint is actually selling a precious metal coin below spot. Even if you don't like the series, that's noteworthy I think. I'm not saying folks should run out and buy them because I have no idea if the value of these coins will hold in the long term. However, if you like them (these are collector coins after all) then now might not be a bad time to get one if your primary motivation is collecting.
As I said, if you think they are going to the moon, they are a great buy. Given the momentary disappearance of the usual obnoxiously high Mint collector premium, they are a great buy.
But, otherwise, not so much. Since there is no collector interest, as evidenced by the tiny mintages AND lack of any sellouts, the only numismatic premium you will ever see on these is the one the Mint charges.
Collecting these because "(these are collector coins after all)," is no different than collecting bullion, because the market ascribes absolutely zero premium to them, based on condition or mintage. As a result, yeah, they look like a deal because they are selling at spot today and will be $500 over spot tomorrow.
But that ignores that spot is at an all time high. If platinum doesn't stay here or go higher, these will not be great buys, no matter what the Mint does with respect to its premiums, because they'll never be worth more than you pay for them today.
Any US mint issued 1oz platinum coin at a $66 premium is a good buy in the world of platinum and with that low of mintage it's a winner all day long. Below spot this are a no-brainer. Platinum is headed so much higher and will get you a higher multiple than gold, especially because you can buy twice as much of it.
The lower mintage platinum 1oz proofs tend to command at least at least a $1000 premium in a PR70DCAM holder, particularly a 2015.
Platinum, just like all metals, is headed much higher.
If so, then yeah, these are no-brainers. That's a TBD.
My only point was that collectors have no interest in these, so they are just fancy bullion once they leave the distribution center. Regardless of the low mintage. And buying at a top, because things always look best at the top, is often a bad strategy.
All this said, sure, if you're a platinum bull, buying proofs directly from the Mint at or near spot is definitely the way to go.
My brother's 2015......wow, very low amount sold!
Thanks @HalfDime
PR70DCAM
Interesting article about why there is a surge in platinum prices. An opinion....
https://www.kitco.com/opinion/2025-12-23/platinum-surges-record-highs-eclipsing-gold-and-silver-2025
First Amendment to the United States Constitution 2025 Platinum Proof Coin - Right To Petition
ats: 532
From the article posted above:
The most significant catalyst for platinum's recent surge emerged last month with a development that fundamentally altered global price discovery mechanisms. The launch of platinum futures trading on the Guangzhou Futures Exchange represents more than simply another venue for speculation. Chinese traders have quickly demonstrated sophisticated understanding of platinum's supply-demand fundamentals, with trading volumes rapidly reaching levels significant enough to influence the established London markets. This expansion of trading infrastructure has introduced new sources of demand that operate according to different principles than traditional Western markets.
And I do like this year‘s PlatProof design.
Yeah, just checking SD Bullion and APMEX the cheapest American Eagles look to be at about $300 premiums for random date UNCs. That's just how PL and PD are because they don't trade in large quantities.
An hour ago ats was 532...............
ats: 422
Right. Now ask them what their buy prices are. Pretty sure you're not going to see a premium at all. Might even see a discount.
Clearly, some people are paying attention, given, according to @HalfDime's post above, that less than 4700 sold YTD, and less than 400 each of prior years still available sold YTD. Grabbing them today, ahead of a $500 price increase tomorrow, is the move for anyone who wants to take a shot at platinum.
Somebody just bought a lot of PlatProofs........
WOW!!!!! Very possibly a TV Guy deciding there was little risk at spot. Hard to believe these all of a sudden became popular with retail. 4700 selling over a year and then 530 selling in 2 hours late at night on the East Coast almost a full year after release. The 2023 is also gone now.
MoneyMetals is quoting $15 under spot. PL and PD have always been tough to invest in because of the bigger spread and lower liquidity. That's why when you can buy it from the mint at or below spot you do it. I bought 5 tonight thanks to this thread.
How often does US Mint website update the price?
By 2-3 PM ET today(wed) they'll be jacked up.
They use a grid based on spot once a week.
https://www.usmint.gov/content/dam/usmint/shop/Pricing-Grid.pdf
2023 ProofPlat Not Available even though store says ats: 2
edited to add: ats: 0
Is it automated? The mint is closed today. There are over 3000 2024's available.
Good luck finding multitudes of THIS issue on eBay, I see one in a PR70.
And the best looking coin in this recent series (2025) is on RemindMe status…
Nothing has changed, so no automation apparently.
Come to think of it; a couple of months back on a wed, during a run-up of PM's, I noticed some items had repriced, while others had not until a bit later. Perhaps the price adjustments are handled manually.
Friday we might see some repricing.
I believe the Trump executive order made Friday a day off for government employees too. We've got until Monday I reckon.
OTOH, this move up in platinum is allowing them to clear out inventory that has been sitting for anywhere between one year and several years. The coins were minted at far lower prices.
This is far easier, and far less costly, than either continuing to let the coins sit or to melt them down. They are apparently in no rush to reprice, and are possibly using the holiday as an excuse. They could certainly either go in and have someone reprice, even on a holiday, or just suspend sales if they didn't want to actually make the sales.
It looks like a few people got cold feet and canceled a few orders as some are back up.
2023 and 2025 are still listed as Unavailable when I look at the website.
ats: 40
First Amendment to the United States Constitution 2025 Platinum Proof Coin - Right To Petition
Platinum is down a bit from the height it reached a few days ago so I'm guessing many people purchased as speculation.
If you type platinum in the search bar, they will show as available and can be added to the cart.
Even so, if they are going to get shaken out of a $2300 "speculation" based on a $50 one day move, they had no business speculating in the first place.
The reason to buy these now is to take advantage of a $500 momentary discount that will be eliminated once the Mint gets around to repricing. Not because you think platinum is a worthy speculation at all time highs, only to get shaken out on a 2% pullback after a 50% move in a month.
That is true but unfortunately there are cases just like that-someone speculating on platinum continuing to go up and a relatively small $50-$100 drop scaring them off.
Agreed. All I'm saying is that they totally missed the reason for jumping on these. They could always buy platinum, at prices far below $2345, so there was no reason to jump on these now.
The reason to buy these now was only to avoid the $500 Mint numismatic premium. If and only if you like the coins, and then if and only if you believe in platinum intermediate to long term.
Because if you don't care about platinum and just like the coins, they have been available forever at prices far below $2345, albeit with the significant premium. And, if you're a platinum bull, the time to take the plunge was before it hit all time highs.
Jumping in yesterday, and then bailing after a tiny pullback, just shows that whoever did that has no idea what they are doing, and shouldn't be playing. Because the coins are still going to be priced far above $2345 when the Mint finally gets around to repricing them.
This is why I only bought one 2025 coin before I posted the link to the article about the surge in platinum. I like the coin and I also believe platinum will continue to rise over time. I will keep the one coin. I didn’t want to make a large investment of several coins. I continue to own two 2008-W and two 2006-W half ounce platinum coins. MS70s.
Not Available.............again.
I assume all 40 were sold today, on Christmas yet.
ats: 0
edited to add:
The 2018 show available but ats: 0
The 2023 is not available.....ats: 0
The 2024 is available.......ats: 3052
I'm waiting for the 2nd amendment coin.
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2025 and 2023 are sold out again. I bought a few of the 2025, but didn't buy the 2023 due to concern that the remaining 2023 coins could be returns due to bad quality.
These were $1545 when they first came out in February which is why I bought one back then.
On Tuesday I placed an order for some to speculate with and there is no way to cancel them yet as they are in Processing state. Even if you called the mint on Dec 24 they were closed and I suspect they are also closed on Dec 26 per Trump's EO so no orders have been cancelled unless by automatic means (ie payment failure).
Platinum futures jumped to over $2400 tonight to start the last day of trading for the week. These are officially below spot once again and there are plenty of 2018s, 2023s, and 2024s to buy. Judging by the way they have yet to sell out these are worth nothing more than melt while the 2025s may be very low mintage. I expect this run in platinum to take us to the $3000 area.
There was 8 a few minutes ago and I just checked and there are 5 available. The mint does allow returns so I wouldn't worry about the quality.
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PS:
I'll believe it when I see it actually made.
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Google AI...............