2004 1 oz Proof Platinum on Fire

FullStrike · February 6, 2006 8:18AM

Big 1 oz Coin

Funny how I bought an extra one but suddenly I have no desire to sell. I kind of wish I had bought about 10 of them. But even then I doubt I'd want to sell any.

Don't think I'd make a good Coin Dealer.

kiyote · February 6, 2006 8:24AM

Lucky... I got a half oz and wish I had gotten the 1 oz now as well..

Are you collecting the series?

Hoot · February 6, 2006 9:11AM

All of the 2004 platinum proofs have been on fire. The complete 4 piece sets have been going for $8100 to $8400. I've tracked several of the various denominations and the single proof $50 and $25 are going for better than 2 grand each. The coins in their original Mint holders are typically bringing better money than those that are graded out.

Hoot

FullStrike · February 6, 2006 9:26AM

kiyote

I started buying from the US Mint with a 1/2 oz Proof in 1999. I wanted a 1 oz Coin but they were sold out. Starting in 2000 I got both the 1 oz and the 1/2 oz Coins. In 2002 I started getting the 4-coin set, along with a few extra 1/2 and 1 oz Coins.

Sticker shock got the best of me in 2004 so I considered not getting anything from the Mint. I thought maybe eBay would offer Coins much cheaper. Finally, figuring I'd rather get something fresh from the Mint rather than picking something off eBay, I ordered a 1 oz Coin. This was soon followed by the second 1 oz Coin - hoping for a low mintage - expecting to sell for a modest profit. I figured the 1 oz would be the least ordered version since it was the most expensive, although the big 1 oz Coin happens to be my personal favorite.

I guessed wrong about the 1 oz considering that both the 1/2 and 1/4 oz Coins have smaller mintages. The full 1 oz Coin has always had higher mintages than the smaller Coins, but apparently they are just more popular. The prices being realized on eBay seem to back this up.

The prices being paid for the 1/10 oz Coins are absolutely amazing IMHO. Guess they are really popular - I don't care for them since they are so hard to see!

PS - Yes I am trying to collect the series. One day I'll pick up the 1997 - 1999 1 oz Proofs. I'm in no hurry because with their higher mintages, I figure they will always be selling at bullion value.

cosmicdebris · February 6, 2006 10:03AM

<<$25 are going for better than 2 grand each>>

4 times issue price

TheRaven · February 6, 2006 10:10AM

What are the 1/10 ouncers going for?.....

I collect those because, it is what I can have the 2001 to 2005 so far.....

BigE2 · February 6, 2006 10:29AM

Sometimes I wish I could see the future. I bought a 2004 plat set early 2005 for $50 less than issue. Sold it a few months later for $300 profit. Shoulda kept it.

Hoot · February 6, 2006 10:32AM

<< <i>What are the 1/10 ouncers going for?.....

I collect those because, it is what I can have the 2001 to 2005 so far..... >>

Here's one currently on eBay that's going at $1200 with 3 days left! Sweet, sweet.

BTW, people seem to want big bucks for those graded PF70, but as far as I can tell, those garner no better bids than the raw ones in original Mint holders.

Hoot

TheRaven · February 6, 2006 11:14AM

2004 1 oz Proof Platinum on Fire

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