Palladium products
CaptHenway
Posts: 32,119 ✭✭✭✭✭
With the palladium eagles coming out later this year, what are the alternatives?
I would assume that Maple Leafs and bars are 99% of the current market, with the Russian Ballerinas and the Bermuda ship coins making up the rest. Anybody agree or disagree?
Other than the Tonga pieces, which people don't like because they are o nly 98% pure, what else is out there in market-recognized palladium?
Thanks,
TD
I would assume that Maple Leafs and bars are 99% of the current market, with the Russian Ballerinas and the Bermuda ship coins making up the rest. Anybody agree or disagree?
Other than the Tonga pieces, which people don't like because they are o nly 98% pure, what else is out there in market-recognized palladium?
Thanks,
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.
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Is it confirmed that the Pd Eagle will be produced this year? I know there should have been a market evaluation first.
--Severian the Lame
"having money's not everything and not having it is."
-Kanye West
I like physical metals as much as the next metals hound. But I don't believe it will ever be a SHTF form of exchange. And there is so little traffic that it's likely to be bought at a discount over the counter.
Don't get me wrong: I'm first in line to buy the Pd eagles if they ever come out--if the design they've chosen is the design used.
But I think trading paper on Pd makes a lot of sense. Right now, at least.
--Severian the Lame
At my local coin show (about 30 tables) there is a dealer with a palladium half ounce Russian ballerina at spot ...and he hasn't sold it in at least 6 months.
Groucho Marx
<< <i>Everyone I know has heard of gold, silver and quite possibly platinum...but if i mentioned Palladium they would probably think i just made that word up.
At my local coin show (about 30 tables) there is a dealer with a palladium half ounce Russian ballerina at spot ...and he hasn't sold it in at least 6 months. >>
Wow! Is Palladium really that difficult to sell?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire