I see the mint has a 1 ounce reverse proof palladium coin that will be available online this Thursday (the 12th). It will be a West Point ("W") coin with a mintage limit of 30,000. The obverse looks like a Mercury dime. The reverse has an eagle (shocker).
The thing I don't like is that the household limit of 1 on Thursday, but that limit will be removed the very next day at noon ET.
I know we've had a few times in the past on this site where someone might need to buy 50-100 or more of the coins at a substantial premium, but I don't know how safely you can play that when the coins might be in plentiful supply the following day without paying a premium.
Is this worth doing? Thoughts?
Anyone Doing the 1 Oz. Palladium Reverse Proofs?
5 posts
• Page 1 of 1
Anyone Doing the 1 Oz. Palladium Reverse Proofs?
by Recyclersteve » Mon Sep 09, 2019 5:40 pm
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
- Recyclersteve
- Too Busy Posting to Hoard Anything Else
- Posts: 4455
- Joined: Sun Jan 20, 2013 5:59 am
- Location: Where I Want To Be
Re: Anyone Doing the 1 Oz. Palladium Reverse Proofs?
by 68Camaro » Tue Sep 10, 2019 5:38 am
I'm not (much of) a numi collector and not a flipper, so while I did look at the mint page (it's a nice looking coin), to your question I'm not going to participate (but I haven't in any of the past flip deals either).
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
-
68Camaro - Too Busy Posting to Hoard Anything Else
- Posts: 8253
- Joined: Thu Dec 30, 2010 6:12 am
- Location: Disney World
Re: Anyone Doing the 1 Oz. Palladium Reverse Proofs?
by hobo finds » Tue Sep 10, 2019 6:37 am
Pre sale on eBay over $2600 for one https://www.ebay.com/itm/2019-American- ... Sw1cJdVbcr
- hobo finds
- Too Busy Posting to Hoard Anything Else
- Posts: 5938
- Joined: Mon Dec 29, 2008 3:00 pm
- Location: Tucson
Re: Anyone Doing the 1 Oz. Palladium Reverse Proofs?
by Cu Penny Hoarder » Tue Sep 10, 2019 4:11 pm
Only monetary metals for me. Au and Ag.
Also, I don't believe in numismatic-bullion coins.
Also, I don't believe in numismatic-bullion coins.
Time is precious, stop wasting it.
- Cu Penny Hoarder
- Post Hoarder
- Posts: 2230
- Joined: Tue Sep 06, 2011 8:44 pm
Re: Anyone Doing the 1 Oz. Palladium Reverse Proofs?
by Recyclersteve » Wed Sep 11, 2019 2:23 am
Thanks for the replies. Not much time left in case anyone is participating.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
Please note that ANY stocks I discuss, no matter how compelling, carry risk- sometimes substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) as well.
- Recyclersteve
- Too Busy Posting to Hoard Anything Else
- Posts: 4455
- Joined: Sun Jan 20, 2013 5:59 am
- Location: Where I Want To Be
5 posts
• Page 1 of 1
Return to Silver Bullion, Gold, & other Bullion Metals
Who is online
Users browsing this forum: No registered users and 22 guests