What will you do with your all-time high palladium?
dpoole
Posts: 5,940 ✭✭✭✭✭
Palladium is at its historical high.
What are your plans? (Answers anonymous)
What will you do with your all-time high palladium?
This is a private poll: no-one will see what you voted for.
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When I purchased my small palladium position several years ago, I did not have an exit plan...so I guess I am holding.
I don't own any.
Sometimes, it’s better to be LUCKY than good. 🍀 🍺👍
My Full Walker Registry Set (1916-1947):
https://www.ngccoin.com/registry/competitive-sets/16292/
+1
J bought my Palladium for the beauty
Actually, this is NOT THE ALL-TIME high for the Palladium eagles. You can BIN 2018 Palladium eagles for $2k. They were higher last year. Despite the large run up in the raw material price, a LOT of people are still under water on these if they didn't get them directly from the Mint.
I bought and sold. I buy, then sell. It's kind of boring, sometimes.
``https://ebay.us/m/KxolR5
I have no Palladium.... though the coins have some attractive designs. I stick with gold and silver... Cheers, RickO
Back when it was out of favor and in the $400 dollar range, I could never find any to buy...that wasn't on Ebay for double the price per ounce.
I still have some palladium sponge that was used to make auto catalysts. I'll continue to hold, but it is not a bad time to sell.
When Pd drops (and it will), I plan to buy some Pd coinage at or near melt.
“In matters of style, swim with the current; in matters of principle, stand like a rock." - Thomas Jefferson
My digital cameo album 1950-64 Cameos - take a look!
Is there a market beyond spot for the maple leafs? That’s what I own.
No. In fact, if you are selling them, expect to get $75-$100 under spot.
Expect Eagles to be in the same boat some day. See what kind of giant premium you get for Platinum eagles.
If you buy a bullion coin, expect it to be bullion. Just saying...
Had 10 maples and 10 Stillwater's with Lewis and Clark on them that I purchased about 14 years ago. Over the past three weeks or so, I sold 5 a week to average out, in case it kept going up, which it did. Then last week sold the last 4.
I sold at a 6% discount to spot (around $80-90 under just like jmlanzaf stated above, which was the best I could negotiate.
I kept one Stillwater medal because I really liked the quality and look of it and I will keep it just like I will keep one each of the recent US ones in PCGS 70 as part of my more permanent collection.
My US Mint Commemorative Medal Set
Sorry, don't own any !!!