Comments on: US Mint Expected to Cut Proof Platinum Eagle Price, Not Gold Coins

By: Darkseid1998

Darkseid1998 — Wed, 16 May 2012 11:44:26 +0000

Looks like the U.S. mint will be holding off in releasing these coins until the price of platinum recovers. I sense the prices will recover around the summer or fall when these bozos down in all ST stop buying the dollar and stop focusing on Greece. For now, it is time to buy doubles of coins already released or catch up on the platinum eagle collection. I am caught up with the collection with these fire sale prices in platinum.

By: jim

jim — Sat, 12 May 2012 08:13:45 +0000

Gold is much more plentiful than platinum is so it’s easier to find in different forms like ingots, coins, jewelry. Plus it’s got color so can’t be confused with silver or palladium, and is softer and more malleable than platinum. There was a time a few years ago when platinum sold for $550+ more than gold. That day will probably come around again when the economy turns around (however long that may take).

By: Jim

Jim — Thu, 10 May 2012 21:48:22 +0000

What I don’t understand is why investing in platinum needs to be made so damn hard! I want to invest in platinum and silver but the value-added tax is just never going to let it become a serious investment. What’s with the gold favoritism?!

By: jim

jim — Wed, 09 May 2012 17:42:44 +0000

As rare as platinum is (more so than gold), I’d much rather see the palladium eagle – get a whole ounce for less than half the price of either gold or platinum, it’s still white like platinum or silver, and finally a different design for a change even if it’s the old mercury dime obverse.

By: CW

CW — Wed, 09 May 2012 16:08:17 +0000

It would be nice if they would reintroduce fractionals.