Comments on: 2021-W $25 Proof American Palladium Eagle Launch https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/ CoinNews delivers the latest World and US coin news Thu, 16 Sep 2021 10:51:19 +0000 hourly 1 https://wordpress.org/?v=7.0 By: Joe https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-498237 Thu, 16 Sep 2021 10:51:19 +0000 https://www.coinnews.net/?p=81392#comment-498237 In reply to Finbar Higgins.

NEWS FLASH

The mint just reduced the price of this coin by $300….it is now $3,050 !!

The price of palladium did not decrease…..the mint realizes that they OVERPRICED IT and people are not buying it !!

]]> By: Rich https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497735 Sun, 12 Sep 2021 00:38:34 +0000 https://www.coinnews.net/?p=81392#comment-497735 In reply to Rob S.

Sir Kaiser, your affinity for silver brought to mind the quote from the German outlaw, Norm Franz, “Gold is the money of kings, silver is the money of gentlemen, ….”

]]> By: Rob S https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497654 Fri, 10 Sep 2021 15:08:16 +0000 https://www.coinnews.net/?p=81392#comment-497654 In reply to Rob S.

K-Will 😉
In 2016 (I think) they also re-issued the Merc dime, and Walking and Standing Liberty qtr and 1/2 – in gold.
(Maybe I’m wrong on the year?)

]]> By: domenic https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497411 Wed, 08 Sep 2021 01:35:28 +0000 https://www.coinnews.net/?p=81392#comment-497411 In reply to gary.

gary may have meant as an ounce….i meant as an actual silver dime.

]]> By: Joe https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497402 Tue, 07 Sep 2021 13:58:27 +0000 https://www.coinnews.net/?p=81392#comment-497402 In reply to Jeff Legan.

—I would like to think the order process has improved,—-

You “think wrong” !!

Being overpriced at $3.350….they are not sold out. Not a rush to buy.

As of today Sep 7th….they are still available !!

]]> By: Rich https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497392 Mon, 06 Sep 2021 20:54:59 +0000 https://www.coinnews.net/?p=81392#comment-497392 In reply to Rich.

Hats off to you Sir Kaiser for so cogently and eloquently putting into words the stark prices of modern precious metal coins in America today.

]]> By: Rich https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497384 Sat, 04 Sep 2021 23:52:43 +0000 https://www.coinnews.net/?p=81392#comment-497384 Sir Kaiser, as always your insight into this topic is most thought provoking. Demand destruction be damned! The following information addresses and amplifies the points you have made in this thread:
1. Silver:
Current spot price = $24.70
$1 ASE Proof US Mint price = $73
$1 ASE Proof PCGS Type price: PR-69 = $78; PR-70 = $88
$1 ASE Bullion PCGS Type price: MS-69 = $53; MS-70 = $59
2. Gold:
Current spot price = $1,827
$50 AGE Proof US Mint price = $2,700
$50 AGE Proof PCGS Type price: PR-69 = $2,400; PR-70 = $2,465
$50 AGE Bullion PCGS Type price: MS-69 = $2,243; MS-70 = $2,318
$50 AGB Proof US Mint price = $2,740
$50 AGB Proof PCGS Type price: PR-69 = $2,288; PR-70 = $2,328
$50 AGB Bullion PCGS Type price: MS-69 = $2,268; MS-70 = $2,293
$50 AGE Burnished/Uncirculated US Mint price = $2,670
$50 AGE Burnished PCGS Type price: SP-69 = $2,260; SP-70 = $2,450
3.Platinum:
Current spot price = $1,020
$100 APE Proof US Mint price = $1,595
$100 APE Proof PCGS Type price: PR-69 = $1,472; PR-70 = $1,497
$100 APE Bullion PCGS Type price: MS-69 = $1,461; MS-70 = $1,511
4.Palladium
Current spot price = $2,355
$25 APdE Proof US Mint price = $3,350
$25 APdE Proof PCGS 2018-W price: PR-69 = $2,700; PR-70 = $2,900
$25 APdE Bullion PCGS 2017 price: MS-69 = $1,850; MS-70 = $2,850
Note: PCGS Price Guide prices apply only to PCGS-graded coins.
Considerations of “collector” versus “investor” and bullion “business strike” versus “proof strike” and “ungraded” versus “graded” and “MS/PR-69” versus “MS/PR-70″…caveat emptor!

]]> By: c_q https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497381 Sat, 04 Sep 2021 21:05:12 +0000 https://www.coinnews.net/?p=81392#comment-497381 In reply to c_q.

actually, if you look at the mint’s own pricing chart, they just charge a flat premium over spot. for example, if palladium today suddenly dropped to about $1000/oz (as it was when I got mine back in 2018) then they would be selling these for $1700 apiece, rather than $1387 as they were back in 2018.

It would make more sense if the premium did in fact ‘scale’ with price (say, always 20% of spot or whatever), but unfortunately that’s not how they do it. the premiums have gone up over the years, and in the case of palladium effectively double, for basically the exact same treatment (proof, packaging, etc.).

]]> By: Rob S https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497379 Sat, 04 Sep 2021 15:50:18 +0000 https://www.coinnews.net/?p=81392#comment-497379 In reply to domenic.

In 2016 they did a 100 yr anniv for the dime, quarter and 1/2 in gold. Business strike or whatever, not even Proof.

]]> By: Larry T https://www.coinnews.net/2021/09/02/2021-w-25-proof-american-palladium-eagle-launch/#comment-497375 Sat, 04 Sep 2021 12:16:57 +0000 https://www.coinnews.net/?p=81392#comment-497375 In reply to Larry T.

Kaiser,

Let’s not forget about those little beauties, the Morgans and Peace Dollars, that will be coming our way in the Fall!

I share your sentiment concerning the 13th. I’m hoping to enter the site, fill my cart, enter my payment/shipping info, and place order in less than 1 minute. In fact, after all the bs the Mint put me through to get the coins I ordered this year, I think they owe me an easy go! But since I’m more of a pragmatist, I better get my fine armor out if we’re jousting!

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