Comments on: Obama Medals, Palladium Eagles and Breast Cancer Coins Among CCAC Topics

By: jim

jim — Thu, 09 Jun 2016 02:34:55 +0000

Just because the APs felt there might not be a market for a palladium bullion coin doesn’t mean the mint has to make millions of them or doesn’t mean they shouldn’t make a collectors proof version. Palladium is a good tween metal more valuable than silver but still less than gold so more affordable than than the gold or platinum coins. And, we’ll finally have a mercury head coin large enough to actually see the obverse in detail.
I’m sure the mint management will mess up the quantity and distribution of the coins as usual but for those lucky enough to get one it will be a prized coin.

By: Seth Riesling

Seth Riesling — Tue, 07 Jun 2016 20:00:17 +0000

As I posted on this blog website over a month ago, the Mint has already sent out US government bids for obtaining palladium ingots on the open market & for private vendors to provide the palladium blank planchets for this new precious metal American Eagle palladium bullion coin. The original law allowing this new palladium coin program was passed in 2010 & signed by Obama & was updated last year by Congress & signed by Obama again. The Mint works slowly obviously!

Palladium is the only coinage precious metal that is down in price for the year so far. It will be a more affordable coin compared to the platinum & gold American Eagles. But, when the Mint took a survey of its 13 worldwide bullion coin Authorized Purchasers, they stated that their customers were lukewarm to the idea & the APs recommended against such a program. So much for listening to your most important distributors! But the updated law requires it now.

-NumisDudeTX

By: Silgold

Silgold — Tue, 07 Jun 2016 16:06:43 +0000

palladium price is so volatile . Make sure you know how to hedge it before u invest in Palladium bullion coin.

By: george glazener

george glazener — Tue, 07 Jun 2016 15:12:54 +0000

I’ve got an idea for what an obama medal should look like…

By: Richard

Richard — Tue, 07 Jun 2016 14:16:03 +0000

Recycling another good but very old design on a new bullion coin. This doesn’t show much imagination, but is in line with reusing the Buffalo nickel, the St. G. double eagle obverse, the Walker half, etc. Aren’t there any really good medalists who could be tapped today, or did American coinage peak between 1907 and 1916?