Bill in Congress REQUIRES the Secretary of the Treasury to mint a Palladium bullion coin.

bronco2078

Originally posted by: derryb

Originally posted by: CaptHenway
Mint considering issuing fractional palladium coins as well. From Coin World:

http://www.coinworld.com/news/...n-us-mint-radar.1.html

"Although the original legislation authorizing the palladium coin also sought bullion versions, the Mint had pretty much abandoned the thought of producing bullion versions after a contracted feasibility study concluded the bullion palladium option would be unprofitable. The same study also concluded collector versions offered financial promise."

I would prefer the bullion coins. Proofs are gonna be a bit pricey for a pure bullion play.

Whats the appeal of a bullion version? A metal that looks just like silver , costs 40 times as much , has wide buy sell spreads and the average man on the street has no interest in.

The mint should just make proofs for the 17 people that want them .

The only way a bullion version makes sense is if congress passed a law forcing people to buy the things.

Baley

The mint should just make proofs for the 17 people that want them .

Then they should only make 16 of them, and the 17 collectors can just buy and sell them amongst themselves

jmski52

They aren't on the schedule, are they really committed to making them?

Nobody's talking about the design. What's it supposed to be? I'm pretty dubious about this.

CaptHenway

Maybe they will sell Proofs by implying that it will be a Proof-only issue, and then do bullion quality coins late in the year?

TwoSides2aCoin

Bet they'll be worth a gazillion dollars in a couple centuries.

CaptHenway

Coin World says that the coins might be delayed until 2017:



http://www.coinworld.com/news/...tals&utm_content=#

Overdate

When will the mint resume striking bullion Platinum Eagles? The demand is clearly there - the 2014 bullion plats, the most recent ones minted, are fetching upwards of $1250 each on eBay.