> > Official < < American Eagle 2021 One Ounce Palladium Proof Coin

Kudbegud · August 12, 2021 8:26AM

As official as a posting thread as any other "Official". Post your thoughts, purchasing possibility, or anything else you feel like on the topic. Hope your piggy bank is full to bursting.
I will post the daily KITCO closing price till opening day and a little after.

MsMorrisine · August 12, 2021 8:32AM

the minted 10,000 in 2020 and entry price was $3,000

they are still selling those.

I have no idea what makes them think they will sell 12,000.

I'm not in.

Orlena · August 12, 2021 8:59AM

I was in for the four initial issues, but with a proof finish and a $3300 + price tag I’m not in. I spent a wad on Morgan’s, Peace dollars, and all variety of ASE’s and AGE’s this year. It’s my time to back off

Kudbegud · August 13, 2021 2:10PM

The market closes @ 5 PM ET, 11 AM my time

I will post info M-F, in the square below in the future. This is to show the bigger graphic displayed on the Kitco Pallidum page.

MilesWaits · August 13, 2021 2:24PM

Thank you you for going to the trouble of creating an official thread for the upcoming Palladium release.
Fortunately, I got one of these inProof, in 2018 at $1380!

Kudbegud · August 13, 2021 2:25PM

For comparison. The 2020 Palladium is still on sale and following the PM pricing grid. So the 2021 version should be about the same.

Kudbegud · August 17, 2021 4:05PM

Sorry, I broke my pledge already. I will remember tomorrow.

Kudbegud · August 23, 2021 4:32PM

I missed the close again. But, here is the spot after the market reopened. @7:23 Eastern Time

I'll try tomorrow.

RMLTM79 · August 23, 2021 5:46PM

Palladium is too volatile for me to even consider this.

MilesWaits · August 23, 2021 6:22PM

Sooooooo glad I got my Pd Eagles pre PM Pd super-spike!
And the 2017 PCGS MS 70 was a gift.
Add to that one of the most beautiful modern coins put out by the Mint. Thanks Merc!

cagcrisp · August 24, 2021 11:29AM

In 24 hours the Mint should Lower the price of Palladium offering either 5 tiers or 6 tiers.

Either $3,000.00 or $3,050.00

The Mint has never had a 5 or 6 tier price adjustment since they started the new system of pricing Gold, Platinum or Palladium...

cagcrisp · August 25, 2021 6:24AM

Sometime this afternoon the Mint will price the Current Palladium coins at $3,050.00.

I wouldn't get too excited.

Currently pricing would indicate a 1 tier or 2 tier price Increase for next weeks Launch...

cagcrisp · August 25, 2021 11:16AM

Palladium coins have been Repriced to $3,050.00...

Kudbegud · August 26, 2021 2:42PM

MilesWaits · August 26, 2021 3:01PM

Old schooling:

Goldminers · August 27, 2021 6:15AM

The buy back price says a lot.

Samuel8 · August 27, 2021 6:49AM

I already have 2 proof ones.

Kudbegud · August 27, 2021 2:06PM

Caught the price today just after the close

cagcrisp · August 30, 2021 6:50AM

The United States Mint Grid pricing for Palladium coins will go Up $250.00 on Sept 1, 2021.
This is Different from the weekly changes in pricing due to fluctuations in LBMA Palladium prices.
This is a permanent Grid pricing move Up.
SO...Whatever you think you will pay September, 2, 2021, it just went Up $250.00...

Goldminers · August 30, 2021 3:07PM

@cagcrisp said:
The United States Mint Grid pricing for Palladium coins will go Up $250.00 on Sept 1, 2021.
This is Different from the weekly changes in pricing due to fluctuations in LBMA Palladium prices.
This is a permanent Grid pricing move Up.
SO...Whatever you think you will pay September, 2, 2021, it just went Up $250.00...

This might be game over for Mint palladium for me. It was already expensive and palladium hit $2,600 asking today for a short while. So is the 2021 likely to be $3,400+/-?

The other ones for sale from 2019 and 2020 are $3,050 right now before the price increases mentioned.

cagcrisp · August 30, 2021 3:44PM

@Goldminers said:

@cagcrisp said:
The United States Mint Grid pricing for Palladium coins will go Up $250.00 on Sept 1, 2021.
This is Different from the weekly changes in pricing due to fluctuations in LBMA Palladium prices.
This is a permanent Grid pricing move Up.
SO...Whatever you think you will pay September, 2, 2021, it just went Up $250.00...

This might be game over for Mint palladium for me. It was already expensive and palladium hit $2,600 asking today for a short while. So is the 2021 likely to be $3,400+/-?

The other ones for sale from 2019 and 2020 are $3,050 right now before the price increases mentioned.

The pricing Wednesday should be $3,350.00 or $3,400.00 for all the Palladium coins…

Kudbegud · August 30, 2021 4:06PM

Sorry. I closed my eyes for just a second and.....you know the rest. So below is for 6:11 PM ET

Onastone · August 30, 2021 4:07PM

That's all I can say.

cagcrisp · August 31, 2021 4:38PM

I would say there is an 85% chance Palladium price will be changed to $3,350.00 for Thursday Launch…

Goldminers · August 31, 2021 5:04PM

That $250 price increase a day before they sell these, really hurt and should have crushed demand.

I just can't see this being flipped and wonder how many will try. This should have been a much lower mintage to justify that price increase. If this sells out even after a couple weeks I will really be surprised.

pcgscacgold · August 31, 2021 5:08PM

Wow, I never knew the premium on Palladium was that high. Selling $2,500 per oz today and the guess is $3,350 per oz for the sale price. That is a hefty mark up.

MsMorrisine · August 31, 2021 5:13PM

palladium trading is a thin market

it is likely the mint cannot hedge. we are paying the price.

I'd like to know how the mint handles the purchase and sale of palladium. it's got to be hair raising to do.

MilesWaits · August 31, 2021 5:28PM

Yes, you will really want to have this issue and gamble on the price of palladium to make it work for you short or long-term. The salad years in Pd Eagles were 2017 and 2018. Glad I was around.
The love of the flip would be insanity.

MsMorrisine · August 31, 2021 5:29PM

their mintage limit on this is too high. it might sell through, but I'd also expect the same aftermath as the 2020 issue if it does sell through.

cagcrisp · September 1, 2021 5:47AM

@MsMorrisine said:
palladium trading is a thin market

it is likely the mint cannot hedge. we are paying the price.

I'd like to know how the mint handles the purchase and sale of palladium. it's got to be hair raising to do.

The Mint leases Palladium for between 1% and 9% of asset value to protect against market fluctuations.

In FY2020 the Mint paid $100k in leasing fees for Palladium…

cagcrisp · September 1, 2021 11:11AM

$3,350.00 has been posted for all the Palladium coins. (2021 you have to dig down to get the $3,350.00)...

Goldminers · September 1, 2021 11:33AM

Mintage/Sales reported:

2017 limit 15,000 sold 15,000
2018 limit 15,000 sold 14,986
2019 limit 30,000 sold 18,528 so far
2020 limit 10,000 sold 9,384 so far
2021 mintage limit 12,000 and $3,350 price to start.

This series is losing interest because the price/premium is just too high now. How many years was this authorized?

pcgscacgold · September 1, 2021 12:00PM

I would love to have one but I am not paying that kind of premium over spot. I will have to enjoy this one in pictures only.

cagcrisp · September 1, 2021 12:11PM

@Goldminers said:
Mintage/Sales reported:

2017 limit 15,000 sold 15,000
2018 limit 15,000 sold 14,986
2019 limit 30,000 sold 18,528 so far
2020 limit 10,000 sold 9,384 so far
2021 mintage limit 12,000 and $3,350 price to start.

This series is losing interest because the price/premium is just too high now. How many years was this authorized?

There is no end date...

Goldminers · September 1, 2021 12:19PM

@cagcrisp said:

There is no end date...

That is what I was afraid of. I think we have seen all 4 types of finishes already now? That seems like a good stopping point for me.

MilesWaits · September 1, 2021 12:27PM

You would think so that four types, one cycle, would be enough but it is rinse and repeat so if you got in it for the first three years you did OK.

Kudbegud · September 1, 2021 2:05PM

MilesWaits · September 1, 2021 2:06PM

Ufda

CoinMeister · September 1, 2021 2:21PM

Well at least the mint is packaging this one in a clamshell.

Onastone · September 1, 2021 3:42PM

@cagcrisp said:

The pricing Wednesday should be $3,350.00

Nailed it!!!!!!!

I've got the first four and bowing out for this one. That's a lot for a clamshell.

Rockdogz · September 2, 2021 7:13AM

So the platinum eagle, with a face value of $100 is less than half the cost of the palladium eagle, with a face value of $25...

MilesWaits · September 2, 2021 8:08AM

So do you plan on taking them to the bank and calling their bluff?!

Goldminers · September 2, 2021 9:00AM

This is actually the first time I am NOT buying one of these from the Mint. I just feel palladium will drop in price over time from here.

Kudbegud · September 2, 2021 9:02AM

USM113697XX

Yes, I did it

MsMorrisine · September 2, 2021 9:04AM

This will still be up and not on BO in 72 hours

Goldminers · September 2, 2021 9:05AM

Did you mean 72 days?

MsMorrisine · September 2, 2021 9:10AM

I was making an easy prediction

but thinking about it, perhaps 72 days is just as easy.

wondercoin · September 2, 2021 9:10AM

Or 372 days?

Wondercoin

Goldminers · September 2, 2021 9:18AM

@wondercoin said:
Or 372 days?

Wondercoin

Based on the 2020, that is certainly possible. Palladium has a terrible looking technical chart and fundamentals going forward, and this premium is just too high.

Sweetpie · September 2, 2021 9:20AM

@Goldminers said:

@wondercoin said:
Or 372 days?

Wondercoin

Based on the 2020, that is certainly possible. Palladium has a terrible looking technical chart and fundamentals going forward, and this premium is just too high.

In this case, these double negatives don't make a right.

MsMorrisine · September 2, 2021 9:21AM

based on the 2020 they should have NEVER MINTED MORE on these

at 5,000 or 6,000 maybe they eventually sell out.

as it is with the 2021, you're going to have a high premium numismatic product that will trade with bullion eventually. A rare prediction from me.

Or, perhaps they only sell 5,000 to 6,000 before taking them off sale in the future and they retain some numismatic value.

> > Official < < American Eagle 2021 One Ounce Palladium Proof Coin

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