2019-W $25 Reverse Proof American Palladium Eagle Launch

by Darrin Lee Unser on September 12, 2019 · 167 comments

The United States Mint’s reverse proof 2019-W $25 American Palladium Eagle goes on sale today beginning at noon EDT.

2019-W $25 Reverse Proof American Palladium Eagle - Coin, Case and Cert

U.S. Mint image of a 2019-W $25 Reverse Proof American Palladium Eagle. Each coin arrives encapsulated and packaged in a gray leatherette presentation case with satin lining that is accompanied by a Certificate of Authenticity.

The $25 face value coin continues the U.S. Mint’s palladium series which debuted in 2017 with a bullion edition. All 15,000 of those sold in the first day.

2017 $25 American Palladium Eagle Bullion Coins - Obverse and Reverse

A CoinNews photo showing two bullion 2017 American Palladium Eagles produced for investors. At left is the obverse and at right is the reverse. These same designs appear on this year’s reverse proof coin.

Last year, the U.S. Mint offered a collector version in proof quality that was also limited to 15,000 pieces. It too saw incredible demand despite its rather hefty price tag of $1,387.50, which was based on an average of palladium that fell within $950.00 to $999.99 an ounce.

2018-W $25 Proof American Palladium Eagle - Obverse and Reverse

These two CoinNews photos show the obverse and reverse of last year’s proof 2018 American Palladium Eagle produced for collectors. Again, these same designs appear on this year’s reverse proof coin.

The coin lasted less than five minutes before becoming unavailable.

2019 American Palladium Eagle’s Mintage and Price

Upping the ante, the U.S. Mint this year has opted to issue the collectible Palladium Eagle in a reverse proof finish and at a higher maximum mintage of 30,000. Reverse proofs feature polished designs against a frosted backgrounds — essentially opposite of proofs.

As a counterbalance that may affect sales, palladium prices have surged since last year. This year’s coin opens at $1,987.50 based on a weekly average for palladium that sits between $1,550.00 and $1,599.99 an ounce. (See the Mint’s pricing matrix for precious metals coins.)

Palladium Eagle Design and Specifications

Each coin is produced at the U.S. Mint’s West Point facility from one ounce of 99.95% palladium. American coin designer and artist Adolph A. Weinman originally created the designs found on American Palladium Eagles. This includes an obverse (heads side) high-relief likeness of "Winged Liberty" taken from the 1916-1945 "Mercury Dime" obverse.  "LIBERTY," "IN GOD WE TRUST," "2019," and Weinman’s distinct initials are inscribed around the image.

2019-W $25 Reverse Proof American Palladium Eagle - Obverse Side

U.S. Mint image of the coin’s obverse or heads side

The reverse (tails side) design, also by Weinman, offers a high-relief version of the 1907 American Institute of Architects Gold Medal reverse. It depicts an eagle and a branch along with the inscriptions of "UNITED STATES of AMERICA," "$25," "1 OZ. Pd (the chemical symbol for Palladium) .9995 FINE," and "E PLURIBUS UNUM."

2019-W $25 Reverse Proof American Palladium Eagle - Reverse Side

U.S. Mint image of the coin’s reverse or tails side

Specifications for the reverse proof palladium Eagle as provided by the U.S. Mint are as follows:

Denomination: $25
Finish: Reverse Proof
Composition: 99.95% Palladium
Diameter: 1.340 inches
(34.036 mm)
Weight: 1.0005 troy oz.
(31.120 grams)
Edge: Reeded
Mint and Mint Mark: West Point – W

 

Ordering

Those interested in obtaining the 2019-W $25 Reverse Proof American Palladium Eagle may place their orders beginning a noon directly from the U.S. Mint’s online page for palladium products, found here, or by calling 1-800-USA-MINT (872-6468).

A plan is in place to help ensure collector’s get an opportunity to purchase one of these coins. For the first 24 hours, orders will be limited to one coin per household.

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Chris

Not interested in the coin but can’t wait to see how this coin does. I’m sure it will sell out! Thought the Gold Liberty high relief was gonna sell out and thus far only 6,000 sold out of 50,000. These prices are far too ridiculous to buy 2,000 dollars. I prefer pre 1933 European gold coins in high grades. History, rarity, and a bit more affordable.

abi

Don’t understand the mint.do they think 30,000 will sell at $2000..can’t imagine many flippers will risk it at that price

Zachary

Last year, 2018 15,000 sold out less than 3minutes

Keep Calm & Stack On

Went Currently Unavailable at the 7-8 minute mark – and sold at $1,387.50…

$600 less than this release,

Over $1,600 for a USM Modern coin.., and you start to play in the deep, deeper end of the pool.

cagcrisp

Went Currently Unavailable in 6 minutes. Did Not sell out in 3 minutes. Price was $600 Less than today’s price

Joe

they allow up to 30,000, however they probably only made a couple of thousand and would make more as needed.

cagcrisp

Don’t see these getting anywhere close to selling out…

Keep Calm & Stack On

Sales Guestimate –

1st Day Sales – 6,500
Full Weekend – 9,000

Many of those that purchase 2 to 3 examples are likely to be limiting purchases this time around.., I’m sitting on the bleachers for this release., until….

Paul Chiu

Is it just me or does the reverse proof finish appears cheap?

Melissa

I bought the first two, so now I feel obligated to buying this one also.. no matter the price. I hate to break up a collection..

MJW

I’m with you. Palladium up today.

Paul Chiu

TY Melissa

ShinyPAQuarters

Actually, I’ve seen real pictures of this reverse proof coin, not just the computer generated pictures shown above & on the Mint website, & I can honestly say that this coin is one of the most beautiful coins ever released.

This version is absolutely stunning in appearance.

Paul Chiu

Thanks for the input

ShinyPAQuarters

You’re welcome.

Wait until you see these in person.

They are pretty.

Stephen

No thanks at $2,000 a coin! Also the mint missed a great opportunity with this coin, by not minting it in silver, gold, and the palladium as everyone really likes the design, and that way collectors from all walks could have added one to their collections. Oh wait, I forgot, the mint never thinks about us collectors any more…..

Gary Colon

Of course Stephen you are right! However, US Mint is NOT in the Collector Business. Its NOT personal Sonny…its business.

Christopher Williams

I logged on at Noon and reloaded the page five times just to check the traffic. No issues at all reloading the page multiple times. Not purchasing. If I was to purchase, it would be to flip. This is for collectors only.

ShinyPAQuarters

Got mine.

I think it’ll go within a half hour.

cagcrisp

half hour is UP. Tick Tick Tick…

ShinyPAQuarters

LOL!

I just looked before you posted.

It’s still available.

Christopher Williams

It’s 12:41PM EST and still no issues reloading the page.

c_q

almost 3.5 hours in, still available.

ShinyPAQuarters

Still available.

Might have to grab more at noon EST.

I’ve seen actually pictures of this coin on display from the Mint, & this coin is absolutely gorgeous!

David

It is amazing in person. I have zero regrets.

ShinyPAQuarters

: )

cagcrisp

Obviously there are a Lot on here that need to understand Mintage and Pricing. You’re playing in the Deep End of the Pool Now…

Keep Calm & Stack On

…and I might add, taking the time to study the spot price trends on a technical chart.., twice this year Palladium has incurred rapid price descents over the span of a week to two weeks.., In one recent drop, it crossed 3, possibly a 4th, US Mint pricing grid zones, and on the other, it crossed 5 pricing grid zones (though due to timing, only a $200 price difference from peak to trough was reflected). Just FYI FWIW – play in the deep end of the pool, I just don’t want to find myself at the bottom of pool, PD… Read more »

Gary Colon

Yes Indeed very expensive, but then again one must evaluate why the price of PALLADIUM which only a short time ago ( in terms of years) was very affordable. The Dealers “HYPE” doesn’t help. They will still sell this coin for at lease $500 to $600 over cost. Generally, a majority of Collectors just do not have these funds. Although, I purchased the FIRST TWO PALLADIUM and just bought this one, I much rather see Silver renditions offered to as many Collectors as possible. Once again why the humongous jack up in metal price….it is realistic to believe that many… Read more »

NWRobert

Gary, I’ve read that PD is much more rarer than PT. An analogy: Palladium is one of the rarest metals on earth and even more scarce than platinum – 15 times more rare to be precise. If all the platinum in the world fits in your house, then every ounce of palladium can easily squeeze inside your living room.

Gary Colon

No argument from me on your reply. Nevertheless did this “metal” rarity just materialize? Or more causation from manufactured hysteria? That is anyone’s supposition.

sam tweedy

Got mine at 1208pm the design and the eagle are amazing great opportunity for the REAL COIN COLLECTORS!!!!

Christopher Williams

I agree, Sam. “Real Coin Collectors” only. This coin is simply not for me.

c_q

palladium is for the most part interchangeable with platinum (and rhodium) for catalytic converters, which is generally the biggest industrial use of these metals. Consequently manufacturers will just use whichever one is cheaper. Nobody looks for palladium deposits, it just more or less comes out as a byproduct of mining for other materials (usually nickel), so the availability of new metal is dependent on the demand of the associated metal. Most palladium production comes from russia, though the US, canada and south africa each produce substantial amounts. And yes as old cars (post-1975 in the US) get scrapped, the first… Read more »

Gary Colon

Based upon the senario you just presented New laws may soon be introduced requiring Rodium Coins. How many mines in US are there for Rodium?

c_q

rhodium is not produced from any US mine (including the one that does palladium) nearly all of it (80%) comes from south africa. So it seems unlikely the same type of legislation would be done for rhodium, since it doesn’t really help US mining. I am presuming that the palladium legislation was done primarily to help US mining interests, rather than the coin collector lobby (is there even such a thing)?

Gary Colon

Just having some fun with metals….but?

Mark Glass

I think this is a tricky one – and probably a mistake by the mint. I could imagine (barely) 30,000 collectors buying 30,000 coins, if they had both of the first two coins. That’s impossible, of course, because they didn’t issue that many, either time (I’m guessing maybe 10,000 collectors at best, have both). I can see a few hundred people that have wanted one since the start of the series, but missed out, jumping in this time. Whilst it is a beautiful coin, would you want to buy a reverse to be your one and only Mint Palladium purchase?… Read more »

FRANK KISSEL

In my opinion, the Mint should have set a mintage limit of 15,000 just like the first two…even with the high cost, the reverse proof in other coins has been quite desirable. This one should be too, but 30,000?

c_q

reverse proof is interesting on a coin when all you have had for decades for that coin is just ‘proof’, and usually produced in far lower quantities than regular proof. So it has a neat novelty aspect to it. But if the coin has only been around a couple years, and you put out even more reverse proof than regular proof, than which one is more rare? I know, they might not sell all 30000, maybe not even 15000 of them and they would be more rare than the others.

Keep Calm & Stack On

Anyone have a mint order number (no need to list the last two numbers) and an exact time of order placement?

Can tell generally, how many orders have been placed from noon to determine total sales for the first hour / day…

Thanks,

Jeff

The Mint hasn’t even sold out the 2019 American Liberty High Relief Silver Medal at $99.95 with a 50K issue limit, so I doubt they sell out this coin at almost $2,000 with a 30K issue limit for quite a while. They should have kept the issue at 15K to create more value and demand. But, there must have been complaints about people not being able to get the other two coins.

Kennygee

My daughter got one at 12:01PM and I got one 55 seconds later and the difference between our orders is 764.

David

I bought one at 12:03 and my father bought one at about 12:20 and the order numbers are 4500 apart.

Keep Calm & Stack On

Kennygee, David – thanks much! Good data points!

David

I’ll do you one better. Based on our order numbers, I think north of 80% of the limit was sold by 12:20.

I placed an order in the first minute and the website had a failure – due to traffic no doubt. I wouldn’t be surprised if 15000 sold in the first two or three minutes.

Tom

Seems like most Ebay flippers are looking at less then $180 profit reselling the coin at around $2500. Even less if Best Offer is accepted.

Christopher Williams

Even for a $180.00 profit not worth it. You always have to worry about a buyer returning it, etc. Not worth the potential hassle. If someone wants one, why go to Ebay. Never made any sense to me. They are readily available for this coin on the US Mint website.

Jeff

The prices I’m seeing on eBay are obscene – for graded or ungraded. For the ungraded coins, I do not see why anyone would spend hundreds (or more) over what the Mint is charging when the coin is still available from the Mint. Do people not realize you can buy these directly from the Mint?

sam tweedy

eBay is nothing but an overpriced scam for RETURNED ITEMS strictly for today’s BIGGEST FOOLS!!! lol

c_q

I got one of the palladium coins last year. I thought it would be neat to have at least one coin of each (precious) metal type from the mint (gold, silver, platinum and now palladium), so I don’t really need another one of them, despite the different finish, especially when it costs $2k. Let me know when they do one in niobium or something like that.

Sam

I am worried
It has not sold out yet
Seems like interest is low

Sam

3 1/2 hours in and they have not sold ou

Richard Margolis

At 7 AM 9/13/2001, it is still available

c_q

9pm EST on 9/13, 9 hours after order limit was removed, still available.

David

C_q, you seem to be pretty knowledgeable. What do you think is happening here? With the household limit removed, why do you think it hasn’t sold out? Is it simply a concern about inflated palladium prices?

c_q

I am just super-analytical (it’s part of my job, which has nothing to do with coins or metals, btw, but I apply the same analysis). People are much more attracted to gold than palladium in general. There are no songs about palladium. No movies about stealing palladium bars. It’s just not in the common consciousness. So, to me it is more of a novelty item than a core must-have. So in 2017 it was very novel new thing for the mint so there was a lot of demand, but hard to get one because you had to go via dealers… Read more »

Jeff

Modern Coin Mart currently has the unslabbed coin (same as the Mint) for $2,195, so they are pushing a $200 profit. Their price will skyrocket if the coin sells out at the Mint.

I remember the frenzy when the 2017 palladium coin was released. Because it was bullion, it was not sold by the Mint to the public, so we had to buy them from the dealers. The marketing was heavy, especially since this was the Mint’s first palladium coin. All sorts of slabbed versions were available, as well as the raw.

Millhouse

BEWARE! Ungraded coins from the online dealers are all the rejects that don’t get a 69 or 70 grade from PCGS/NGC. They come with all original mint packaging and COA but if you were to send them in for grading, you will get a 68 at best. If you don’t care about grade and the mint has sold out then they are a great deal but don’t try sending them in for grading. You will be sorely disappointed.

Christopher Williams

I agree, Millhouse. If you’re going to buy them ungraded, get them directly from the mint.

c_q

but for the ’17 you couldn’t get them directly from the mint. that’s why i didn’t buy one, because I didn’t want to buy from a dealer (graded or ungraded) due to the premium as well as the above scheme.

Jeff

In 2017, I bought the bullion palladium coin from GovMint/MCM. We had no choice but to buy them from an authorized Mint dealer. So, I bought a MS70 FDI with a 225th year Mint anniversary label that indicated it was the first palladium coin. That is the coin I wanted because it was the first. I do not buy coins for resale, but I could get a nice little profit if I were to sell that one now. I decided to also buy the proof last year and reverse proof this year. I will stop there. My guess is that… Read more »

sam tweedy

Mike Mezack with his 12 dealer buddies will be selling these soon for over $3000++++++ selling at almost 800 per minute at US Mint!! UNDERSTAND!!!

Richard Margolis

He pre-saled these at $3999 a week ago

Randy B.

I have been waiting for this coin since the study was first conducted. I missed out the first two years. I didn’t take any chances this year. I got my by 12:01. I’m so excited!

Brian

They literally double the entire population of all palladium coins ever issued by the US mint with this release. On top of that Palladium has skyrocketed in the last year. I own both the 2017 and 2018 coins, but I decided not to get this years because 30,000 means there will be 15K more coins than set collectors need and I expect palladium prices to eventually go down, in which case I should be able to pick up the 2019 for less than issue price. Even if I’m wrong, the 2019 will never command a large premium as long as… Read more »

Christopher Williams

Also, if you check Completed Auctions” on Ebay, only one of these have sold so far.

lonnie

back in 2011 i was advising my customers to leave platinum alone, in august on 2011 platinum hit $1899 an ounce, the 4 piece set was $4200 from the mint. today you can purchase the 4 piece set at approximately $2100. they did not purchase wisely. i have said this to say $1987 for a one ounce palladium coin sounds very high, however, if you are a true collector it may be worth the price. remember europe is suppose to be doing away with diesel motors within 5 years and that is the major purpose of palladium.

Dan

4 piece sets stopped being issued in 2008…

lonnie

dan you are 100% correct, i should have said on the secondary market. sorry for my mistake. have a great day.

morgan

The last big deal, must have, immediate sell-out Mint product, the Pride of Two Nations 2019 Limited Edition Two-Coin Set, is still available, so act accordingly.

David

I think the difference is the precious metals investors that want US palladium bullion.

Keep Calm & Stack On

9,086 FDOI

Not bad for a $2,000 offering….

cagcrisp

KC&SO, Thanks for the numbers…

As I said Yesterday: Obviously there are a Lot on here that need to understand Mintage and Pricing. You’re playing in the Deep End of the Pool Now…

Paul Chiu

As of Sept 13 Noon, 24 hours after the offering started, how many ordered so far?

Norbert

I’ll stick with my gold thank you.

Chris

I agree with you Norbert! Nothing like the yellow gold metal.

Seth Riesling

Jeff –

GovMint & MCM are NOT U.S. Mint bullion coin Authorized Purchasers! There are only about 12 companies in the world who are.

NumisdudeTX

ben franklin

4 hours of “no household limits” and still available.

Frankovich

Beware!! I ordered my Palladium coin and notified that it was shipped out yesterday! I am a collector not a dealer!
I discovered today that the Mint charged my checking account TWICE for this order, just about killing my available funds! This has never happened to me before in many years of ordering and I am furious!! Trying to get a supervisor on the phone right now!! WATCH your accounts!!

Christopher Williams

I hope it gets rectified, Frankovich. Sorry to hear that.

cagcrisp

Someone posted the question above ” What do you think is happening here? With the household limit removed, why do you think it hasn’t sold out? Is it simply a concern about inflated palladium prices?”

The question should be “Why would Anyone think these could sell out with a $600 Higher price tag than 2018 and with double the Mintage?”

There was 9,086 FDOI. What do you think, once the HHL is lifted dealers are going to buy 20k+?

sam tweedy

The dealers already have their orders long before they went on sale. Mike Mezack etc etc etc…..

sam tweedy

2018 pd proof coin sold for 1837.50!!!

cagcrisp

You transposed a digit. The 2018 Proof Palladium sold for $1,387.50…

Exactly $600 Less than current price for the 2019 Reverse Proof Palladium…

David

The price of Palladium from the time the 2018 proof came out until this one came out skyrocketed. The percent markup above spot is actually less than the 2018 proof. You can talk about it being $600 more than last year but if you ignore the price change in palladium during that time you are missing the reason why.

cagcrisp

I am well aware that Spot palladium has gone up considerably since 2018. That still does not change the fact that this coin is selling for $600 more than 2018 and it still does not change the fact that the stated mintage has increased 100% from 2018. Still begs the question why Anyone would think this coin would sell out with a price increase of $600 and double the mintage.

David

So paying $415 (or 42%) over spot in 2018 made sense but paying $397 (or 25%) over spot in 2019 doesn’t make sense.

Is that purely due to the increase production limit?

cagcrisp

Paying $1,387.50 for a 2018 Proof Palladium has turned out to be a steal. That’s why it went CU in Under 6 minutes. The 2019 Reverse Proof has been on the website for Over 48 hours and still has Not Sold 11,000 coins…You need to understand how commodities in general work. High prices cure High prices. Buying a Palladium coin at the Highest point in History and Hoping and Praying that it will go Up in value is Not a wise Investment decision…

David

Time will tell. I bought mine with a 40 year hold in mind. If you think I’ll lose money on it after 40 years, then so be it. I find that extremely far-fetched.

If you want palladium issued by the US Mint, you really don’t have cheaper options at the moment.

David

Btw, weren’t palladium prices at all time highs in September of 2018? Pretty damn close. So the logic you are using to call the 2019 a bad investment decision is equally applicable to the 2018 version yet the 2018 version was a good investment decision… at least at this point in time.

cagcrisp

As i’ve posted before “you need to post less and learn more”. In September 2018, Spot palladium was no where near Historical Highs…Not pretty damn close either…

David

Lmfao. Always so catty when someone asks questions?

Yes, Palladium was pretty damn close to all time highs in September 2018.

https://www.macrotrends.net/2542/palladium-prices-historical-chart-data

David

“In September 2018, Spot palladium was no where near historical highs… not pretty damn close either”

Except Palladium hit an all time high on October 23, 2018 and the previous all time high was hit on January 4, 2018.

Yeah, it was pretty damn close to an all time high in September 2018.

cagcrisp

Launch Day for the 2018 Palladium Proof LBMA AM Fix was $983.00. On January 15th, 2018, LBMA AM Fix was $1,128.00. That’s 14.8% prices would have to move to get to an Historical High. For someone that makes a living gambling and trading stocks with a limit order in the cents…That is Not Close…

David

14.8% off the all time high is close considering it had rallied 100% in the previous 2 years up to that all time high. It’s also up over 40% from that all time high in January 2018. Would it have been dumb to buy a palladium coin at the all time high in January 2018, or October 2018? Clearly not.

cagcrisp

When you lose 14.8% on your 2019 Reverse Proof Palladium, you can always say “I got Close to Breaking Even.”…

David

So you think I’m going to lose money with a 40 year timeframe? That’s hilarious.

When it’s up 300%, you can always say “but it was at an all time high in September 2019” while ignoring it was at an all time high in January of 2018 and October of 2018.

ShinyPAQuarters

It’ll never happen, cagcrisp, & we’ll all come back and look at these posts years from now confirm it. Buy another one, David, while they are still available. These in my opinion are the best looking coins ever put out by the mint. This coin will definitely be one of the 1st coins in my hand when I bring a few coins out of the vault to show other collectors & enthusiast. I bought two 2017 graded perfect 70’s, one being a FDOI for $1600 & $1650 off of MCM & APMEX. For around $1450 total, I bought one off… Read more »

ShinyPAQuarters

Always ignore the haters.

David

With Palladium prices now $1k higher than when this issue came out, tell me again how buying at an all time high is a bad investment decision. HAHAHAHA!!!!!

David

The page is still on USMint. The 2018 version sold for $1837.

https://catalog.usmint.gov/american-eagle-2018-one-ounce-palladium-proof-coin-18EK.html

David

Now I’m confused. The USMint page shows a price of $1837.50 for the 2018 version but everywhere else I’ve read covering the 2028 version states $1387.50.

I didn’t buy it so don’t have personal knowledge. It seems weird the USMint would change the price on the website after it was sold out.

So, what did it actually sell for???

Howard Klein

It sold for $1387.50; I bought 2 of them. I had my son order one and I ordered one.

cagcrisp

David, you need to post less and learn more. The Mint hasn’t adjusted sales numbers for the 2018 Proof Palladium since January 2019. The Mint has had these listed as Sold Out since then. What you are linking is price adjustments that the Mint makes on a needed weekly basis. All the link shows you was the price listed on the Mint’s website. No coins were every sold at $1,837.50…

David

I’m posting to get responses so I can learn more. But that’s for the catty response. SMH

ShinyPAQuarters

If your finances allow it, David, buy some more.

That’s my response.

You won’t lose out.

sam tweedy

The 2017 pd bullion coin sold for 1387.50 Check the 2018 US MINT SCHEDULE 1837.50

cagcrisp

The 2017 palladium was a bullion coin. Bullion coins are sold through Authorized Purchasers and not directly to the public. The 2018 Proof Palladium went CU under 6 minutes @ $1,387.50. There was NEVER a 2018 Proof Palladium sold by the mint for @ $1,837.50. The mint had the coin Sold Out since January 2019…The price you’re seeing is just updated pricing that the mint does on a weekly basis…

Kennygee

If you bought the 2017 from an authorized silver dealer for $1100 dollars, 2018 proof from the mint for $1387.50, and the 2019 reverse proof for $1987.50, the price of the 3 is $4500.00. The average price of each coin is $1500. The spot or melt price of palladium is around $1634.00 today. So you would have made $403.00 if you sold the coins for melt. If you had the $4500 in the bank for three years at 2%, you may get $300.00. But I like the coins better so I won’t melt mine.

Howard Klein

To avoid the US Mint double dipping your bank account always use a credit card and never pay with a debit card. Credit card charges are much easier to contest and your money is still available since you haven’t paid the bill yet.

frankovich

Very good advice! My problem was rectified by my bank….still waiting to hear from a USMint supervisor!

Dan

if you just want the coin, save $100 by buying on ebay from pinehurst for a coin graded 69. think that’s a pretty good deal (especially is 70s turn out to be not all that scarce)

Dan

or better yet, directly from pinehurst coin website for as little as $1840 if you use debit card

Christopher Williams

Check out Ebay Item Number 183953424038. If it sells with the opening bid, the seller has to pay almost $200.00 just in Ebay fees and then there’s shipping. What’s the point?

Howard Klein

The point is if you like it then buy it from the Mint for your collection. If your intent is to flip it you’ll lose money unless you’re one of those hucksters who inflate the price and sell it to the gullible public.

Christopher Williams

You got that right, Howard.

Keep Calm & Stack On

David – I would encourage to you study the demand mechanism for these precious metals – it truly is an important factor – and each PM is different in many respects. What I mean is this, you need to understand for what purposes the metal is used today, what drives demand and influences price volitility, and how it will be used in the future. AND, I do think you will loose money on your purchase – 20 years, 30 years, or 40 years from now – and it’s not that hilarious at all. While you question how you can loose… Read more »

David

Yeah, I’ve looked in to the demand mechanism for palladium. Europe going away from diesel is a net increase in demand for palladium for the foreseeable future. Additionally, China is going to be a huge source of demand for years to come. I understand electric cars are going to impact the demand for palladium but I don’t see the world going 100% electric for a very long time. Meanwhile, there’s a deficit of palladium with demand increasing. Until that demand starts to fall off, or supply starts to increase, it’s obvious what price should do. It isn’t hard to imagine… Read more »

Keep Calm & Stack On

One point of clarification – where I said that I do not think the current price of Palladium will hold, I mean to imply that there will likely be continued price volitility as we have seen this view, and a 7% to 12% pull back should not come as a surprise… Perhaps PD goes further up from here, then resets like in March and August by a 10% to 15% factor…, then stabilizes in price or continues to build as the latest run we’re in – who knows?, there’s no crystal ball sitting in my lap, What does the spot… Read more »

Seth Riesling

These palladium coins have a lot going for them, no matter what the spot price of palladium is – high relief design, classic beautiful artwork on both sides by a premier U.S. Mint engraver & limited mintage. Yes, I feel palladium is overpriced at the moment, but the collector in me won out over the investor in me on these 2017-2019 palladium coins.

Happy collecting & investing everyone!

NumisdudeTX

ShinyPAQuarters

I strongly agree.

Mark Glass

Ditto that. My take on the limited initial sales is psychological. For a long time, gold was king. A finished one ounce product would cost you around $1500. I think that was a price point that people knew and were reasonably comfortable with. Prior releases of Palladium were lower than that. It felt good buying one. Now, we are waaaay above $1500. We are being asked to spend all this money on a single coin, that most people, who know nothing about coins – think is silver anyway! It’s not the Mint’s fault. They started selling a metal that has… Read more »

cagcrisp

There have been a Total of ZERO OGP 2019 Reverse Proof Palladium’s sold on the bay since Launch.

ZERO.

They are actually having Trouble selling the 69’s for $1,875.00.

With Free Shipping that’s $112.50 Less than Mint issue price…

vlappin

As of 9-15-19 there are some unknowledgeable people who bought on ebay at inflated prices while it is still available from the US Mint.
PT Barnum was correct. 1. “There is a sucker born every minute”. 2. “Never give a sucker an even break.” 3.”Nobody ever lost a dollar by underestimating the taste of the American public.”

Steve

I believe the big dealers get a 5% discount from the mint, about a hundred bucks.

cagcrisp

Normally the Big Boys get a discount…Yes…In this case the 2019 Reverse Proof Palladium is Not eligible for a discount.

Millhouse

That is completely false! No one receives discount or priority ordering from the mint. It’s a level playing field for everyone. Where the field is not level is when the big dealers have hundreds if not thousands of people ordering the coins to get around the household limit. Also the field is not level with the grading services. If your not a dealer than you can’t get certain highly desirable labels like FDOI and signature labels. So there are many ways the dealers get the advantage but they have no more advantage than you or me as for ordering the… Read more »

cagcrisp

Wow…Wow…Wow… It’s Amazing just how much False Information is spread on this blog. Yes Yes Yes. The Big Boys get a Discount. Yes Yes Yes. Directly from the Mint: Numismatic Bulk Purchase Program (subject to product availability) Under the current terms and conditions of this program, a discount is applied to all purchases of $10,000 or more. Budget shipping is free on domestic orders. Shipping on international orders will be assessed on each order processed. The following products are part of the Numismatic Bulk Purchase Program: United States Mint Proof Set® United States Mint Silver Proof Set® United States Mint… Read more »

Millhouse

Wow wow wow back at you! I thought we were talking about the Palladium eagle. There are no discounts or advanced ordering on limited products ie palladium eagle.

Millhouse

Also, None of those products are limited products. They all have no mintage limit and no household limit. No one is standing in line at 12pm on the day of sale to get any of those products to make a quick flip. So to be clear (again, I thought we were talking about the Palladium Eagle) There are no advanced orders or discounts on limited products. Clear enough for you!?1?

cagcrisp

Wow…Wow…Wow…Just how much False information can you put out in one day? Here is your Exact quote “There are no advanced orders or discounts on limited products. Clear enough for you!?1?”

Discounts are Available on the American Eagle Gold Undcirculated coin that has a Mintage Limit of 10,000

Discounts are Available on the America the Beautiful Five Ounce Silver Uncirculated Coins that have a Mintage Limit of 20,000

…SO…Yes Yes Yes…There are Discounts Available on Limited Products from the Mint…

Seth Riesling

cagcrisp is 100% correct! Dealers have been getting a 5% discount on a variety of products from the U.S. Mint for years now. It is obviously a very unfair practice, as any collector or investor who has the money should be able to purchase the numismatic products on the Mint’s bulk purchase list at a discount if they want to spend the minimum purchase amount. Of course, you have to have a vendor’s/resell/tax license from your state of residence/business to qualify for this special program. We are a Democracy yes, but a Capitalist Democracy first, meaning money talks very loudly… Read more »

Dustyroads

I understand the feelings here among the buyers. However, Pd is pushing it’s limits pricewise. Pd has been promising profits to investors lately, but it also is beginning to turn into a big ball of wax. In my chart below you can clearly see that Pd is on it’s 4th wave up. This 4th wave is the one that will have a blow off due to it’s parabolic nature. This bubble like formation has been studied in many charts and fits into a predictable setup. The depth of the selloff is a part of the game and should be watched… Read more »

Dustyroads

The POTUS managing markets…It’s been the Fed’s job to do that. I guess he feels they need help. He literally has traders pulling their hair out. They can’t wait to short this market.

Gary G

Dusty, isn’t it bad enough that we have discussions of POTUS on every bulletin board there is? Can we keep politics out of it?

Dustyroads

The last thing I want to do Gary is have a political discussion in this forum. I merely intended to illustrate that the price of Palladium has two distinct wild cards influencing it.

Gary G

I don’t see that it was necessary to mention POTUS. No one else has.

Dustyroads

Okay sir, then I respectfully digress. You can have the forum to do with it as you wish.

Sam

I got a email on Saturday that my order is being canceled because item is not in stock.
I don’t understand, it’s still available online
Can anyone explain

NWRobert

Sam, try calling them:
1-800-USA-MINT (872-6468) 7 days a week,
8am to midnight, ET

Steve

I remember years ago MCM wasn’t happy that they only got a 5% discount from the US Mint. They said the US Mint is the only mint in the world that doesn’t give a decent discount. I believe at the time they were talking about the 2009 UHR with a mintage limit of 100,000 pieces. I think it was 100,000

sam tweedy

MCM is the joke of Sarasota Fla stay stay far far away understand ..!!!!!!!!

Seth Riesling

sam tweedy –

Amen! MCM in Sarasota, Florida & their sister company GovMint in Minnesota are major ripoff coin companies. They have been sued so many times for fraud, but their lawyers & unknowledgeable customers keep them in business. Sad!

NumisdudeTX

Dan

which ones are good? pinehurst and apmex? they are all overpriced (although i did mention above a decent deal on the palladiums by pinehurst). they arent as bad as some of the gold brokers like rosland capital and lear that will sell $800 coin for $1600 as a “gold investment”

Gary Colon

Just today I experienced questionable business transaction from MCM When you have a printed price confirmation and the Dealer receives funds and then holds onto those funds for 3 weeks only to nix the sale because they claim that the Grade on the coins involved were only receiving the highest grade of SP70 at a 4% rate of submissions, hence, they could not honor the sale. Never had that happen to me. Perhaps they were Waiting on HIGHER PRICES from someone else? BAD BUSINESS MOVE !

Dan

which coin? the 2019 american liberty high relief?

Gary Colon

The 2019 P American Liberty Silver Medal 2.5 oz NGC SP 70 ER

Seth Riesling

IMHO Apmex is good & SD Bullion is great. You have to shop around a lot since there are approximately 6,000 coin dealers in the USA!!

NumisdudeTX

Jeff

I got my palladium reverse proof on Saturday. This coin is absolutely magnificent! The reverse proof is so unique and stunning. The only thing not so exciting is the packaging. The box it comes in is small and certainly nothing special. For a coin this expensive and beautiful, the presentation should be much better. Superb coin, however!

cagcrisp

Sales numbers for Launch Week = 16,690

That’s 55.6% of Mintage Limit…

Rooster

Household limit lifted. Oh boy I can’t wait to back up the truck. Beautiful coin though.

Paul Chiu

My 2nd order was shipped at the same time that ‘Household limit lifted’ Email went out.

Seth Riesling

Gary Colon –

Buyer Beware when it comes to MCM in Sarasota, Florida & their sister company GovMint in Minnesota as they are both owned by the same parent company which is a ripoff coin company. I have noticed many irregularities/errors in fact in their literature & website descriptions! They are not to be trusted at all IMHO !

NumisdudeTX

David

My coin arrived today. Absolutely stunning.

sam tweedy

Well I got my reverse proof coin today!! You have to see this coin in person to appreciate the amazing design and real superb quality, The US MINT really hit this one right out of the park. I have been a coin collector for over 50yrs++++ this one just blew me away. 30,000 sell out NO PROBLEM!!! Get one while you can!!!.

trburks

Just received mine. It doesn’t look like the pictures I see. The bust and eagle have a mirror finish with a luster at least four times more deep than reflected by ALL the online pictures. The luster is so deep that some of the bust details appear lost. No matter what angle you view my coin from, there is no way it would photograph to look like the pictures you see online. If all the 2019 platinum eagles are being produced with that deep of luster, then I don’t understand why the online pictures are so far off. Even the… Read more »

Paul Chiu

photos really cannot capture the luster
https://flic.kr/p/2hhw4TB
https://flic.kr/p/2hhyH5a

Paul Chiu

Took this very short 4K video shot of the 2019 Palladium coin.
It looks very different from the US Mint web site.
https://youtu.be/wYcGN5pwBcs

cagcrisp

The First auction of an OGP 2019 Reverse Proof Palladium concluded on Sunday night.

Final bid = $1,776.00

A little Over a $400 LOSS to the seller when you factor in eBay and PayPal fees..

sam tweedy

Now at U S MINT 2387.50….lol…as of 12/18/19

cagcrisp

You take your coin and you try to sell it on the bay and you are Still Underwater. I took my $1,987.50 and it has made me 6.81%. You’re losing Opportunity Cost everyday by holding this coin. LOL…

sam tweedy

E-Bay is a place for REAL LOSERS!!! nothing but a scam for idiots!!!

cagcrisp

You can sell wherever you want. You’re Still Underwater…

ShinyPAQuarters

Still complaining, huh?

cagcrisp

Total of 40 verifiable OGP eBay sales Since Launch on September 12th, 2019: Mean sales for 40 verifiable OGP eBay sales Since Launch = $1,998.82 Median sales for 40 verifiable OGP eBay sales Since Launch = $1,976.50 Using 12.9% for eBay fees and PayPal fees for Average Joe selling on eBay without a store Assuming purchase price of $1,987.50: Mean Loss for 40 verifiable OGP eBay sales Since Launch = $246.53 Median Loss for 40 verifiable OGP eBay sales Since Launch = $265.97 Using 12.9% for eBay fees and PayPal fees and Using $1,987.50 for purchase price you Need eBay… Read more »