Platinum below $1000 USD

[SmartyFarty]

For the first time since GFC ...

http://www.ptcalc.com/live-precious-metal-prices.php

Seems like about a $50-$60 AUD premium over spot to buy in Australia (cheapest option).

If you want the platypus it i more like $100AUD

 

[Altima]

Wonder why the platypus is more expensive. Would love to get some proof platinum eagles though

 

[-j-p-shmorgan]

Wonder why the platypus is more expensive. Would love to get some proof platinum eagles though

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)

 

[-j-p-shmorgan]

Wonder why the platypus is more expensive. Would love to get some proof platinum eagles though

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)

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

 

[Altima]

Wonder why the platypus is more expensive. Would love to get some proof platinum eagles though

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)

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

You mean this deal? Looks good.

http://deals.ebay.com/5002155538_20...rms=algo=DailyDeals&clkid=7632076102276711040

 

[-j-p-shmorgan]

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)

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

You mean this deal? Looks good.

http://deals.ebay.com/5002155538_20...rms=algo=DailyDeals&clkid=7632076102276711040

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

 

[-j-p-shmorgan]

....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...)

 

[Porcello]

The Platypus is a really nice coin, you will want more of it.

 

[-j-p-shmorgan]

The Platypus is a really nice coin, you will want more of it.

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

 

[Slam]

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

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

Slam

 

[-j-p-shmorgan]

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

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

Slam

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

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

 

[phrenzy]

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.

 

[-j-p-shmorgan]

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.

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

 

[phrenzy]

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.

 

[SmartyFarty]

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

 

[phrenzy]

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.

 

[-j-p-shmorgan]

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.

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