2007 10th platinum

[G-Myth]

back on sale......

 

A good buy @ $1250

[me0505]

Sure, but it sucks for those of us who bought it at $1950 when they first came out!

[Conder101]

So buy a second one and do some dollar cost averaging.

[stgecko]

I just bought one from the mint, "W" Unc 1oz. and it was for 1069.99$ I got it because of the unbelievable low mintage number. I believe the total for this coin is less than 500 made thus far. Let's hope that holds out!

[me0505]

So buy a second one and do some dollar cost averaging.

 

Conder101,

 

I actually thought about that, but even with cost averaging, I am still "out" another $1250. In the end, is the extra $350 ($1950 + $1250 = $3200/2 = $1600....$1950 - $1600 = $350) worth the upfront cost now? Still not sure....I can buy a "few" more coins for the $1250 and hold my breath that they still don't sell so well and mintages are low.

 

Regards

[EZ_E]

It'd be worth it if platinum went back up to $2300/oz.

[FILTHYHOARD]

I'd say it's a good deal only because I paid $1900 + when it was first released!!

[G-Myth]

has anyone bought a set since they re-released it?

[RareSov]

Considering it. They are hardly any cheaper though. At the time the 1945 USD I paid was 2200 or so. 1250 at the current rates is nearly 2000 AUD

 

I saw someone on ebay quoting 16000 were sold in the first round ! if this is true then the mintage should sell out.

 

Sucks most for those who bought at 2645..

 

 

[Conder101]

Buying things made of precious metal puts you at risk of changes due t a volitile market. You are taking a risk and sometimes it goes your way, sometimes it doesn't.

[G-Myth]

did these sell out or just get pulled? if so where can i find the sale figures?

[RareSov]

Ah I was gonna buy another

 

They might be sold out ! Apparently 16,000 sets sold in the first round (back before they got pulled the first time)

 

I'd say minimum of 20k sets if not the entire 30k

[Oldtrader3]

Platinum is 3-4 times scarcer than gold but does not have the monetary history, beauty and industrial applications that gold does. Now that platinum is being de-emphasized for Catalytic Converters, I expect the price to stay soft. Jewelry demand alone will not keep it high.