Comments on: Price Hike for 2012 American Platinum Eagle Proof Coin

By: Joe

Joe — Fri, 24 Aug 2012 23:09:57 +0000

A&L Futures, I remember platinum eagles being suspended in late 07 and early 08. For pretty much the same reason. Because prices were going up and they wanted it to level off before they started selling again. That was 07 and 08. I’m not too clear on it but I’m pretty sure that’s what happened. That’s why I mentioned that in my last comment.

By: A&L Futures

A&L Futures — Fri, 24 Aug 2012 18:08:36 +0000

In reply to Joe.

@Joe,

Bid price listed on APMEX is $1,541.70. I seriously doubt the U.S. Mint will remove this product as it’s currently generating positive revenue for them. Should the SPOT price dramatically fall (as it did in ’08), then it’s likely they would do as you state.

Even so, the Mintage limit (15,000) is too high and the design for this year’s coin (as stated by so many others) really lacks the beauty which had been associated with earlier releases. The CCAC continues to disappoint.

By: Joe

Joe — Fri, 24 Aug 2012 17:43:20 +0000

A&L Futures, They might take it of the shelf and let the dust settle.

By: Joe

Joe — Thu, 23 Aug 2012 17:36:06 +0000

2012 Debut price was $1,692. New issue price is $1,792. That’s why people should have bought one, it was the cheapest in years.

By: RonnieBGood

RonnieBGood — Thu, 23 Aug 2012 14:09:02 +0000

Still down $300 from the issue price earlier this year.

By: Joe

Joe — Wed, 22 Aug 2012 14:56:57 +0000

No looking back.

By: A&L Futures

A&L Futures — Wed, 22 Aug 2012 12:20:29 +0000

@Joe,

With the jump we’ve seen in the SPOT price for platinum, I wouldn’t surprised me to see a back-to-back/week-to-week increase by the U.S. Mint for this item.

NOTE: As of: 08:20 am (EDT), the Bid price listed on APMEX is $1,511.80.

Any thoughts?

By: Joe

Joe — Wed, 22 Aug 2012 09:58:12 +0000

What did I tell ya. Still some time left.