Palladium : Credit vs. Pamp with images
Weiss
Posts: 9,941 ✭✭✭✭✭
Mentioned a few days back that I'd ordered some palladium from Gainesville. Got it today.
I'd wanted Pamp to match my gold, but I'm not unhappy with the credit. That said, I don't like the packaging of the credit as much. The pamp holders are sturdy plastic. Kind of like credit card material. And you can easily see both sides of the bars and their corresponding design and info.
The credit packages look a little cleaner. But rather than plastic, they are paper, folded over and sealed. The bar is inside a smaller plastic container which is glued to the inside back of the envelope. A small embossed gold Essayer Fondeur mark on the back is the only real adornment. You can't see the back of the bar itself--not critical but it's a strike against compared to the pamp. I know it's nit-picking, but the pamp bars also identify their weight in troy.
Size comparison against my only 1 oz silver bar:
The new family:
I'd wanted Pamp to match my gold, but I'm not unhappy with the credit. That said, I don't like the packaging of the credit as much. The pamp holders are sturdy plastic. Kind of like credit card material. And you can easily see both sides of the bars and their corresponding design and info.
The credit packages look a little cleaner. But rather than plastic, they are paper, folded over and sealed. The bar is inside a smaller plastic container which is glued to the inside back of the envelope. A small embossed gold Essayer Fondeur mark on the back is the only real adornment. You can't see the back of the bar itself--not critical but it's a strike against compared to the pamp. I know it's nit-picking, but the pamp bars also identify their weight in troy.
Size comparison against my only 1 oz silver bar:
The new family:
We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
--Severian the Lame
--Severian the Lame
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Comments
If you open one of the Credit bars I'd be interested in knowing if it has the repeating logo on the reverse or if its just plain.
<< <i>I don't care for those myself. I'm looking for the regular type JM, They also carry a hefty premium >>
Larger I'd imagine. I think when I convince myself to bite the bullet and pay the premium I'll just buy the palladium Canadian Maple Leaf.
That stippling is actually part of the surface of the palladium bars. Quite hard to see with the naked eye, but easily visible under a 10x loop. Remember this shot is blown up to And I don't think it's in the plastic.
And with a white foreground:
--Severian the Lame
<< <i> I didn't realize that palladium was more dense than gold...cool. >>
It's the other way around. Gold is considerably more dense than Pd.
Not sure why the photos make it look like Pd. is more dense. Probably the Pd bars are much thicker.
<< <i>
It's the other way around. Gold is considerably more dense than Pd.
Not sure why the photos make it look like Pd. is more dense. Probably the Pd bars are much thicker. >>
Not much thicker. Barely discernible. In your hand they do in fact look smaller. It's been 20 years since I had a 1-oz PT bar, but as I recall it was amusingly smaller than a gold 1 ozer.
--Severian the Lame
<< <i>The Pd bar should be almost twice the thickness of the Au bar if they were the same length/width. IIRC, Au has a SG of 19.3, and Pd is somewhere near 10. Something just aint right here. >>
Half again as thick *if* the length, width, rims and rim thickness were all the same. Trick of packaging, trick of the light.
--Severian the Lame
<< <i>
<< <i>The Pd bar should be almost twice the thickness of the Au bar if they were the same length/width. IIRC, Au has a SG of 19.3, and Pd is somewhere near 10. Something just aint right here. >>
Half again as thick *if* the length, width, rims and rim thickness were all the same. Trick of packaging, trick of the light. >>
Weiss, you may have nailed it about the upset rims. If the gold bar's rim is even a little higher than the palladium's rim, thats enough to throw all the "visuals" off on determining the actual volume of metal in each bar. And after looking at your photos again, it seems thats whats going on here. Did you get hammered by the premiums on these new bars Weiss?
--Severian the Lame
<< <i>Spot plus $40 per bar? That's what they're showing now for wire transfer. They take paypal, too. >>
That's a good price for the one-ouncers. Market average is a little higher.
<< <i>Spot plus $40 per bar? That's what they're showing now for wire transfer. They take paypal, too. >>
It's up to spot + $60 now.
Gold - Sp.Gr. = 19.3; MP = 1063 deg. C;
Palladium - Sp.Gr. = 12.0; MP = 1554 deg. C; Brinell hardness = 61
Platinum - Sp.Gr. = 21.45; MP = 1769 deg. C; Brinell hardness = 97.
Rhodium - Sp.Gr. = 12.41; MP = 1966 deg. C; harder than Pt or Pd.
Iridium - Density = 22.65 g/cc; MP = 2443 deg. C (heaviest & most corrosion element known); Brinell hardness = 218.
I'm waiting for the premiums on palladium to come down, if they ever do. It would be a good hedge on platinum.
I knew it would happen.