Wanna corner the market on 2008 $10 Platinum Eagles?

Comments

• gecko109 Posts: 8,231 ✭

  November 16, 2009 12:04AM

  What a deal at just $3,700 per ounce!

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• jmski52 Posts: 23,291 ✭✭✭✭✭

  November 16, 2009 12:54AM

  His price is under the prices realized for recent ebay sales (not even including MS-70s). Based on recently-released data, this coin is not the key for the $10 Plats although it is (or will become) fairly "scarce" and appears to be the semi-key.
  
  Platinum is currently showing the same strength as gold, so there is no telling where these will ultimately be priced. In this rising price environment for platinum, it doesn't look like too a bad deal, imo.

  Q: Are You Printing Money? Bernanke: Not Literally
  
  I knew it would happen.

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• nycounsel Posts: 1,229 ✭✭

  November 16, 2009 1:10AM

  Platinum is now over $1425/ounce, so the asking price is about 2.6x spot for 2% of the reported production.
  
  I wonder what multiple over spot BigRick paid for his slabbed Lincoln Memorial Cent collection?
  
  Gecko109 says: What a deal at just $3,700 per ounce!
  Gecko's asking price for 20 chinese silver pandas was $800 on BST in July, when silver was $13.50/ounce. BST

  Dan

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• BigRick Posts: 1,334

  November 16, 2009 4:12AM

  "I wonder what multiple over spot BigRick paid for his slabbed Lincoln Memorial Cent collection?"
  
  Way more than 2.6 times!

  My Sets

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• Loki Posts: 897 ✭✭

  November 16, 2009 1:08PM

  
  
  << <i>Gecko109 says: What a deal at just $3,700 per ounce!
  Gecko's asking price for 20 chinese silver pandas was $800 on BST in July, when silver was $13.50/ounce. BST >>
  
  Touche!

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• SNMAN Posts: 1,414 ✭✭✭

  November 16, 2009 1:13PM

  
  
  << <i>Here's a good start (just over 2% of all made: LINK >>
  
  
  
  The price keeps going up...........I think it was $19,999 a few days ago.
  
  Snman

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• FloridaBill Posts: 896 ✭

  November 16, 2009 1:28PM

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• gecko109 Posts: 8,231 ✭

  November 16, 2009 1:50PM

  
  
  << <i>Platinum is now over $1425/ounce, so the asking price is about 2.6x spot for 2% of the reported production.
  
  I wonder what multiple over spot BigRick paid for his slabbed Lincoln Memorial Cent collection?
  
  Gecko109 says: What a deal at just $3,700 per ounce!
  Gecko's asking price for 20 chinese silver pandas was $800 on BST in July, when silver was $13.50/ounce. BST >>
  
  
  
  
  
  The difference of course is that these coins were made last year, but hey, if you feel that recently made platinum circles are worth $3,700/oz, knock yourself out!

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• Bottomsup Posts: 65

  November 16, 2009 2:13PM

  Ah......if the shoe fits!!!!!!!!!!!!!!!!!!!!!!!!!
  
  Bottomsup
  

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• Loki Posts: 897 ✭✭

  November 16, 2009 6:05PM

  Gecko here's a hint for you. If you don't know the market then don't show your ignorance about pricing these strictly on the value of the underlying metal.
  
  You obviously know the Chinese panda market which is why you are backing up your asking price at the time the underlying metal was just over half of what you were asking. Most people like myself would think you were ridiculously expensive but most would have the common courtesy and sense to refrain from publicly saying so.
  
  BTW his asking price for these is darn reasonable, and I can confidently say that as I DO know this market.
  

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• gecko109 Posts: 8,231 ✭

  November 16, 2009 7:20PM

  
  
  << <i>Gecko here's a hint for you. If you don't know the market then don't show your ignorance about pricing these strictly on the value of the underlying metal.
  
  You obviously know the Chinese panda market which is why you are backing up your asking price at the time the underlying metal was just over half of what you were asking. Most people like myself would think you were ridiculously expensive but most would have the common courtesy and sense to refrain from publicly saying so.
  
  BTW his asking price for these is darn reasonable, and I can confidently say that as I DO know this market. >>
  
  
  
  
  "Darn reasonable"? How much did the mint charge for them last year?

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