Is This The FUTURE of the PLATINUM Reverse Proofs?

FullStrike

Sold on eBay - Best Offer


This was a BU Coin - but it looks like a reverse proof doesn't it?

A half ounce of platinum - $800.00 - seems a little weak doesn't it ?

FLBuffaloHunter

MS69 + bullion coin = bullion price

jamakin

The best part of collecting platinum coins is that despite the low mintage figures one can buy almost the entire series at a very small premium over melt.
The steady rise of spot price has made this quite profitable for those that have purchaed over the last few years.
I would like to buy the '07 reverse proof plat but I will wait until they start showing up slabbed on teletrade.
There is no need to over pay for your plats.

nycounsel

I would like to buy the '07 reverse proof plat but I will wait until they start showing up slabbed on teletrade. There is no need to over pay for your plats.

That's true.

It's a struggle. The amount at risk from buying from the Mint (assuming spot price holds steady) is about $400.

All things being equal, if the market completely rejects these coins you should eventually be able to get a set for $1600, and saved $350 for your patience.

I think most buyers care less about the regular $50 proof, so the $400 premium can be attributed to the value of the reverse proof.

I have a feeling that the reverse proof will not drop to melt, even though the numbers are comparably high.

Will the reverse proof be able to stay about $1200 on the secondary market?

I have no idea, but I think there's some chance it can.

Not enough of a chance for me to buy these sets in bulk-- I don't see these as a good bet as far as investments go. But I felt okay getting 2 sets.

I suppose that's my collector threshhold.

Rarity

Reverse Proof Platinum being offered at $1199 on Ebay
RP Plat

Rarity

Beautiful images done by this seller
10th Anniv. Plat

BECOKA

Many people don't realize that the 2001 was equivalent to a reverse proof. It will always sell for a small premium above melt until the series takes off. If the series ever takes off.

itsnotjustme

I probably did not help that the seller advertised it as PCGS, but the coin is in an NGC holder.

notwilight

<< <i>I probably did not help that the seller advertised it as PCGS, but the coin is in an NGC holder. >>



Way to build trust. agreed.