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Need some help pulling trigger!

gecko109gecko109 Posts: 8,231 ✭
in Precious Metals
I have always liked the Stillwater palladium blister packs with 10 1/10th oz pieces. They were mined by Stillwater, and minted for them by Johnson Matthey.

I now have an opportunity to buy a 10 piece blister pack for $910. Thats currently $172 over melt for 1 oz of Pd though! Thats a pretty chunky premium at about 23% over.

Now, I understand that fracs are a higher premium than 1oz pieces. I'd imagine that I could buy the 1oz Pd rounds for less than $50 over melt all day. Should I buck up and buy the blister pack of 10 and just eat that heavy premium? Its only money, right?

Comments

  • indiananationalsindiananationals Posts: 1,094
    i would rather pay more for fracs all day the big ones are nice but when it comes to unloading in the future when prices ae insane what will be easier to sell
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  • 1jester1jester Posts: 8,637 ✭✭✭
    Give me your account name and log in information and I'll help you pull the trigger.

    imageimageimage
    .....GOD
    image

    "Ask, and it shall be given you; seek, and ye shall find; knock, and it shall be opened unto you." -Luke 11:9

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  • gsa1fangsa1fan Posts: 5,566 ✭✭✭
    I find if I'm trying to talk myself into a buy~Some thing is telling me not to buyimage = Pass, JMO! Peace, Tim
    Avid collector of GSA's.
  • CiccioCiccio Posts: 1,405 ✭
    I feel Pd will drop again so I am not buying at these levels (as investment).
    If you like them, buy them. 50 bucks won't make any difference and metal is always better than paper.
    Though, I think that the quality of these rounds is very poor. I had few of them (both 1/10 & 1/14) and wasn't impressed at all. JMHO
  • carew4mecarew4me Posts: 3,473 ✭✭✭✭
    I hold long term...so I'm passing.

    Loves me some shiny!
  • OverdateOverdate Posts: 7,036 ✭✭✭✭✭
    The upcoming U.S. Palladium Eagle will probably take away some of the demand for other forms of palladium.

    My Adolph A. Weinman signature :)

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭
    There are several guys on the OFR who would gladly pull the trigger. 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......
  • piecesofmepiecesofme Posts: 6,669 ✭✭✭
    I think you stack mostly, dont you Phil? If that's the case, I'd buy it and forget about it. $910 that could double fairly short term? I'd do it if I stacked...plus it's something you like and always wanted.
    To forgive is to free a prisoner, and to discover that prisoner was you.
  • rgCoinGuyrgCoinGuy Posts: 7,478 ✭


    << <i>There are several guys on the OFR who would gladly pull the trigger. MJ >>




    image
    imageQuid pro quo. Yes or no?
  • WeissWeiss Posts: 9,941 ✭✭✭✭✭
    Seriously, Gecko. Go for it. That's a good price on some rare stuff.

    If you decide not to, pm me the details and I'll buy it.
    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
  • JeremyDie1JeremyDie1 Posts: 2,383 ✭✭✭


    << <i>There are several guys on the OFR who would gladly pull the trigger. MJ >>



    Now thats funny! image
  • jmski52jmski52 Posts: 22,937 ✭✭✭✭✭
    Seems like a fair market price based on today's market. The premium could drop, but so could anything else.

    You have to ask yerself one question - "Do I feel lucky" Well, do ya?image
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  • CaptHenwayCaptHenway Posts: 32,273 ✭✭✭✭✭
    Roy Roger's horse, Trigger, is dead.
    Why are you beating a dead horse???

    image
    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.
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