You may want to broaden your horizons a bit when searching out those elusive platinum products @Killerbala. I saw a nice 1 oz, Platinum Noble coin sell at auction today at well under the spot price.
GeeVee, you blokes want everything handed to you on a plate. Not saying where, but it sold for about $1300, so someone got themselves a good buy
Yes, it went for $1100 without the "Buyers Premium". The buyer's premium does not "get" the buyer as he will already have factored in that 20% fee when bidding. It "gets" the poor vendor who was silly enough to sell this way. Not only do the auction houses charge this $20%+ buyers commission, but a lot of them still charge up to 15% in vendors fees as well for selling. So the poor vendor can end up getting charged up to 37% in fees and charges for selling precious metals this way! And some of you think that eBay is greedy
Yeah the one and only time I've decided to involve myself in an auction I didn't factor that in.... I've learnt my lesson and now have to wait till gold goes higher (hopefully) to recoup/break even I don't do auctions any more haha
If prices fall further, I would recommend getting a 100g bar for the thrill. It's one of the coolest thing to hold. Better than gold.
You may as well be talking about silver as platinum attractiveness-wise, Steveno. I honestly don't see what some people see in this bland dull white metal to be so attracted to it. I never had an emotional attachment to platinum even when I was stacking it many years ago. Only stacked it because it was more expensive than gold, and I thought I could make some money out of it so I could buy more gold. Found it easy to sell (as I did palladium) as there was no emotional attachment. Now with gold, it is totally different love affair and I only sell some after I have purchased other gold that I like even more
Wow its easy for you guys to takeover Killerbala original post Leave it alone, surprised a Mod hasn't jumped in to tell you to get out
Nah - all good. Good to see some rumble and new perspective. Still chasing few ounces, Pt breaking $1000USD as we speak.
Can't moderate if I don't know it's going on as I don't read every post. Please report posts by either tagging me @mmm....shiney! or sending me a PM. Fixed for now until the cowboys ride into town again.