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No love for the Palladium Eagle?

carew4mecarew4me Posts: 3,473 ✭✭✭✭
in Precious Metals
Personally, I must have one with the Mercury Dime face.


Separately, H.R. 6166 America Eagle Palladium Bullion Coin Act of 2010 was also signed into law by the President on December 14. The bill had been introduced by Dennis Rehberg of Montana on September 22 and passed in the House on September 29 and Senate on November 30.

Provided that a marketing study determines that there is adequate demand, the United States Mint would be required to mint and issue palladium bullion coins. The American Palladium Eagles would contain one ounce of .9995 fine palladium with a nominal face value of $25.

Designs would be close likenesses of the work of Adolph A. Weinman, specifically the obverse of the Mercury Dime and the reverse of the 1907 American Institute of Architects medal. The US Mint may additionally strike proof or uncirculated versions for collectors. The first Palladium Eagles are required to be minted and issued not more than one year after the submission of the required marketing study.

Loves me some shiny!

Comments

  • pf70collectorpf70collector Posts: 6,672 ✭✭✭
    I would buy one.
    Montana State Quarter Die Clash

    Box of 20
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    I'll buy one. The Weiman design is insane. Hardcore WLH reverse eagle.

    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
  • CaptHenwayCaptHenway Posts: 32,273 ✭✭✭✭✭
    Another step down the road to third-world coinage status......
    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • carew4mecarew4me Posts: 3,473 ✭✭✭✭


    << <i>Another step down the road to third-world coinage status......
    TD >>



    Huh?...your sig says ; "Violate The Law Of Supply And Demand at your peril!"

    This coin will be be the most sought after Palladium coin right out of the gate.

    Loves me some shiny!
  • jmski52jmski52 Posts: 22,937 ✭✭✭✭✭
    These will be my first palladium coins.image
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • OPAOPA Posts: 17,126 ✭✭✭✭✭


    << <i>Another step down the road to third-world coinage status......
    TD >>



    I wonder what the outrage will be when the Mint publishes the price for those, but I can sleep well though, knowing forum protectorate will looking out for my best interest.image
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • ve3rulesve3rules Posts: 60 ✭✭
    A Palladium Eagle is a great idea but why can't the US Mint come up with any original designs?
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  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭


    << <i>

    << <i>Another step down the road to third-world coinage status......
    TD >>



    I wonder what the outrage will be when the Mint publishes the price for those, but I can sleep well though, knowing forum protectorate will looking out for my best interest.image >>



    Ain't that the truth. MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • ZubieZubie Posts: 1,160 ✭✭✭✭
    Let me see...I love Palladium and I love Adolph A. Weinman designs....I'm in for at least one!!!
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    image
  • pf70collectorpf70collector Posts: 6,672 ✭✭✭
    Palladium is now reaching heights that platinum was only about 4-5 years ago, so it defeats the purpose of offering a cheaper bullion coin to the public. The mint might eventually end offering platinum after 4 years or sooner. They already ended offering platinum bulllion two years ago. These will be expensive.
    Montana State Quarter Die Clash

    Box of 20
  • Steve27Steve27 Posts: 13,274 ✭✭✭
    I'm still waiting for the palladium version of the high relief double eagle. The reverse of the 1907 medal has a very odd looking eagle on it:

    image
    "It's far easier to fight for principles, than to live up to them." Adlai Stevenson
  • sebrownsebrown Posts: 424 ✭✭
    I'm eager to purchase a few! image
    "In the absence of the gold standard, there is no way to protect savings from confiscation through inflation [...] Gold stands in the way of this insidious process. It stands as a protector of property rights." - Alan Greenspan
  • gecko109gecko109 Posts: 8,231 ✭
    At current Pd spot prices, it would make ALOT of sense to issue these in the same 4 sizes as the AGEs. Pd is about twice as expensive as gold was in 1986 for the AGE rollout. Why not make them down to at least the 1/4oz size if not all 4 sizes?
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    My fear is that they'll mess with the Weiman design to make it "more appealing". It's a meaty, raw design that needs to be left alone.
    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
  • CaptHenwayCaptHenway Posts: 32,273 ✭✭✭✭✭


    << <i>At current Pd spot prices, it would make ALOT of sense to issue these in the same 4 sizes as the AGEs. Pd is about twice as expensive as gold was in 1986 for the AGE rollout. Why not make them down to at least the 1/4oz size if not all 4 sizes? >>



    FWIW, sales of 2010 fractional gold eagles have been horrible this year. We are still working on the first original tube of each that we bought last January, and have decided to cut our 2011 starting order to a half a roll of each.

    That is not to say that we did not flop some deals of older date 1/4 ozers to astute customers as they came in.........

    TD
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • renman95renman95 Posts: 7,037 ✭✭✭✭✭


    << <i>These will be my first palladium coins.image >>



    My second. I bought DC's first Pd coin...a 2010 25 Amero 1/10oz.
  • PinkFloydPinkFloyd Posts: 1,762 ✭
    The mercury design spent too long on such a small canvas. I'm excited to buy a larger version. They better not mess with it too much.

    I've rather given up on the mint coming up with good new designs anyway.
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  • TWQGTWQG Posts: 3,145 ✭✭
    I would buy one of these.
    My eBay store
  • tincuptincup Posts: 5,197 ✭✭✭✭✭
    Oh no.... not again. Another bullion coin to be sold through the approved distributors..... and probably with a limited mintage.
    ----- kj
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