Platinum below $1000 USD

Discussion in 'Platinum' started by SmartyFarty, Jul 17, 2015.

  1. SmartyFarty

    SmartyFarty Member

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  2. Altima

    Altima Well-Known Member Silver Stacker

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    Wonder why the platypus is more expensive. Would love to get some proof platinum eagles though
     
  3. -j-p-shmorgan

    -j-p-shmorgan New Member

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    It just depends who you buy from.....ebay has a 2011 1oz platypus for $1074 USD.
    (That's the cheapest 1oz platinum I've found in any form, anywhere)
     
  4. -j-p-shmorgan

    -j-p-shmorgan New Member

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    And now I officially have platinum in my portfolio.
    I can't pass up on the price - especially with the high premiums platinum brings.
     
  5. Altima

    Altima Well-Known Member Silver Stacker

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    You mean this deal? Looks good.

    http://deals.ebay.com/5002155538_20...rms=algo=DailyDeals&clkid=7632076102276711040
     
  6. -j-p-shmorgan

    -j-p-shmorgan New Member

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    That's the one. :cool:
    Got a 1/10 oz gold Perth Kangaroo from them at a great price too.
    New seller, but fantastic prices and legit products.
     
  7. -j-p-shmorgan

    -j-p-shmorgan New Member

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    ....also....eBay charges 6% fee for powersellers + paypal fees.
    Makes you wonder how they profit. They must be getting steep discounts buying in bulk.

    (Only 35 left...) :D
     
  8. Porcello

    Porcello New Member

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    The Platypus is a really nice coin, you will want more of it.
     
  9. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Awesome, it does look pretty sweet. I'd like to have a proof eagle as well, but the price has to be right. :p
     
  10. Slam

    Slam Active Member Silver Stacker

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    Some dealers still selling platinum platypus for $1478 AUD. WTF?

    Anyone know any dealers following the spot price plus standard premiums?

    Slam
     
  11. -j-p-shmorgan

    -j-p-shmorgan New Member

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    "Standard Premiums" are much, much higher on Platinum.
    ESPECIALLY fractionals.....

    Edit: This shows the clear separation between the paper & physical market price.
     
  12. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    It does and it doesn't, if you wanted you could take a cme platinum futures contract, all currently BELOW spot and then take delivery when it matures. You'd have to buy 50oz but maybe we could make it a forum group buy.
     
  13. -j-p-shmorgan

    -j-p-shmorgan New Member

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    I'm on board. Holding off on silver for a couple months, but I love me some platinum.
    That would actually be very cool. :cool:
     
  14. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    I just realised that you'd have to have a single 50oz good delivery bar, if you were handy with a band saw you might be able to cut 49 1oz bars out of it and keep an ounce of filings for yourself. You should keep an eye out for 1/2 oz platinum koalas around the place. You occasionally get them for around 10% over spot.
     
  15. SmartyFarty

    SmartyFarty Member

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    In Australia platinum is the only PGM bullion that you can get without paying goods and services tax (GST).

    Reached a low of around $1310 AUD today, back up to $1330 at the moment

    Baird and Co Platinum is only $65 AUD over spot
     
  16. phrenzy

    phrenzy In Memoriam - July 2017 Silver Stacker

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    The problem is that it is even more impacted by economic uncertainty than sliver. Though at these prices and the GPR being inverse at the moment it's probably a good buy.
     
  17. -j-p-shmorgan

    -j-p-shmorgan New Member

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    Every $100 the spot price drops, I'll buy another. ;)
     

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