Rhodium
xphobe
Posts: 605
So where can one buy Rhodium bullion? Coins or otherwise...
And before someone says "google" I *have* googled. All I've found is wire, sponge, and pools.
And before someone says "google" I *have* googled. All I've found is wire, sponge, and pools.
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If it is so hard to find a dealer that sells the stuff...how hard is it going to be to sell it when you want to???
<< <i>Rhodium >>
I found that too. Unless I'm missing something obvious, the only rhodium you can buy there is in a pool account.
And it's not a stupid question at all, it's a very good one. Just that I don't plan on selling it
Jerry
you googled the wrong "place"
I have handled millions of dollars of rhodium in sponge form - useful in industrial processes, jewelry, and catalysts.
I have never even seen it in bullion form. Even if you find some in coin or bullion form, it probably wont' be more than a couple of troy ounces.
Also remember that the market for this metal is very volatile - the major sources are unstable countries like Russia and South Africa. The big players have contracts with the mines at prices well below spot. The small guys get to play the spot market - not for the faint of heart.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
<< <i>I have never seen a rhodium coin - I was told it was very hard and therefore difficult to strike.
I have handled millions of dollars of rhodium in sponge form - useful in industrial processes, jewelry, and catalysts.
I have never even seen it in bullion form. Even if you find some in coin or bullion form, it probably wont' be more than a couple of troy ounces.
Also remember that the market for this metal is very volatile - the major sources are unstable countries like Russia and South Africa. The big players have contracts with the mines at prices well below spot. The small guys get to play the spot market - not for the faint of heart. >>
You can buy it in powder, shot, pellets, or ingots!
Jerry
<< <i>You can buy it in powder, shot, pellets, or ingots! >>
Cool - I also have seen shot and pellets, but don't consider that to be "bullion". Sounds like ingots are what would fill the bill.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!