Very nice, Pt had a nice bump up in price during the wait too
Buying physical Pt is generally a long term bet, since the premiums can get pretty ugly on this thinly traded metal. When spot drops hard, the premiums go up so much that the price essentially stays the same as before the dip. That is assuming you can even find any for sale. Plenty of dealers (even the big ones) pull Pt from the "shelves" when spot drops quickly.
"Men who had never shown any ability to make or increase fortunes for themselves abounded in brilliant plans for creating and increasing wealth for the country at large." Fiat Money Inflation in France, Andrew Dickson White (1912)
I agree on the poker, that would be one nice game! I keep a couple hundred ikes around for poker games, sound better splashing the pot than just clay chips.
most of these coins seem to be in fairly brand new condition. i'm new to coin grading, but would it be worth it to grade them? how does this grading system work? i have a few ms69 coins that have minor scratches/dents on them, yet i see them being sold on apmex for $1800+ each. would it be worth it to send a couple of these coins to get graded? if so, which company would be the best to do this?
Probably not worth it. Unless you have some that are perfect enough to get MS70. I think on common date 1 oz PAE's getting MS69 is a break even venture at best, and you're out the grading fees on any that go 68 or less.
<< <i>most of these coins seem to be in fairly brand new condition. i'm new to coin grading, but would it be worth it to grade them? how does this grading system work? i have a few ms69 coins that have minor scratches/dents on them, yet i see them being sold on apmex for $1800+ each. would it be worth it to send a couple of these coins to get graded? if so, which company would be the best to do this? >>
Only if they are the proof version APE's. Yes...if they are problem free..I'm partial to PCGS graded coins for modern issues. NGC seems a little bid loose for the moderns for my taste. Since your scans only show the obverse, you can tell if it's a proof by the reverse design which changes yearly. 1998, a Bald Eagle flying over New England and rocky beach town with light house; full moon in sky.
Don't bother getting the bullion version graded.
"Bongo drive 1984 Lincoln that looks like old coin dug from ground."
I think you should carefully examine all of your Plats and pick out the nicest ones from each date. The earlier issues have the highest mintage, but I also suspect they've had the highest attrition rates.
I'm just sayin'.
Q: Are You Printing Money? Bernanke: Not Literally
Hankbert
Posts: 19
Comments
Buying physical Pt is generally a long term bet, since the premiums can get pretty ugly on this thinly traded metal. When spot drops hard, the premiums go up so much that the price essentially stays the same as before the dip. That is assuming you can even find any for sale. Plenty of dealers (even the big ones) pull Pt from the "shelves" when spot drops quickly.
I love SuperStackers™
That's about my net worth right there in that picture.
Too many positive BST transactions with too many members to list.
Keep an open mind, or get financially repressed -Zoltan Pozsar
That picture made me think that it would be fun playing poker with those!
<< <i>
That picture made me think that it would be fun playing poker with those!
yep, looks like he's "all in."
Keep an open mind, or get financially repressed -Zoltan Pozsar
Sounds like you picked the
right time to purchase them.
I agree on the poker, that would be one nice game! I keep a couple hundred ikes around for poker games, sound better splashing the pot than just clay chips.
--Severian the Lame
<< <i>most of these coins seem to be in fairly brand new condition. i'm new to coin grading, but would it be worth it to grade them? how does this grading system work? i have a few ms69 coins that have minor scratches/dents on them, yet i see them being sold on apmex for $1800+ each. would it be worth it to send a couple of these coins to get graded? if so, which company would be the best to do this? >>
Only if they are the proof version APE's. Yes...if they are problem free..I'm partial to PCGS graded coins for modern issues. NGC seems a little bid loose for the moderns for my taste.
Since your scans only show the obverse, you can tell if it's a proof by the reverse design which changes yearly. 1998, a Bald Eagle flying over New England and rocky beach town with light house; full moon in sky.
Don't bother getting the bullion version graded.
Regarding grading, I'd definitely sort out the candidates that have virtually no marks and send one or two of the best in to PCGS.
I knew it would happen.
Keep an open mind, or get financially repressed -Zoltan Pozsar
It is interesting to note that the same face value of gold or silver coins would be worth more.
Liberty: Parent of Science & Industry
<< <i>slim to no chance for any 70's since they have not been protected in mint capsules. >>
good point
so, skip grading.
did you get any other year other than 1998?
<< <i>For your next assignment .... add 100 $50 AGE's & 100 ASE's to that stack for comparison and take a picture
unfortunately I do not have any american silver eagles.
I knew it would happen.
Good job!
<< <i>
<< <i>For your next assignment .... add 100 $50 AGE's & 100 ASE's to that stack for comparison and take a picture
unfortunately I do not have any american silver eagles.
I can supply you with the needed ones for one of those common yellow ones.
It discloses why PMs have been a favorite of wealth preservation since time immemorial.
Congrats!
Here's a warning parable for coin collectors...
I'm just sayin'.
I knew it would happen.