Platinum Bunnies

Did you buy Pt bunnies ?

  • Yes

  • No

  • Premium too high

  • Nah - why bother with Pt

Results are only viewable after voting.
Killerbala said:
Good on you for sticking to the guns, seems one of the reasons for the hype is this will be the last platinum Perthmint coin with the queen o_O
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Plenty of reasons to get it and it's a sure thing if you get it for the original price and not chase it to the moon, why start on the wrong side of the trade I say, haha congrats to those who played the game right!
 
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JS1880 said:
Always will be buyers who want to complete lunar sets snd also since its the last one with the queens face. Mouse, bull and tiger have sold around $2200 to $2350 in recent months and that's when spot was alot lower too. I can see them bring $2500+ quite soon.
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Can you point me in the direction for a buyer where I can get $2200 for the Pt tiger? A rabbit just got listed on SS for a reasonable price.Lets see how long will it last?
 
JS1880 said:
Yes it is hopping mad indeed. Bullion Now probably one of the last chances to get one at retail price. Will be interesting what they price them at???
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I think BN probably inadvertently caused the stampede when they did the ballot, drawing the attention of everyone and their dogs. That much premium above spot is something else.
 
‘Last lunar coin with queen’s face’

You’ve gotta appreciate some of the shit you hear about coin value sometimes, reminds me of wine in some ways.
 
JS1880 said:
Always a rush early, then cools, then people wanting them down the track. Especially as last lunar coin with Queens face.
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Was previously looking for a mouse and that was going for around $3k. So can imagine the others going for that later on. Of course, that depends on currency devaluation, a.k.a. inflation.
 
Jay Reece said:
Was previously looking for a mouse and that was going for around $3k. So can imagine the others going for that later on. Of course, that depends on currency devaluation, a.k.a. inflation.
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Some Premiums are crazy. Don't think the Plat lunar is worse value than the American silver eagle Premiums that can be upto 80% per coin.
 
leo25 said:
ABC are selling Platinum Rabbits for $1800 if anyone is interested. I wonder if it wasn't for BN pumping up these things would there be any interest at all?

https://www.abcbullion.com.au/store/platinum/plrc011oz-perth-mint-lunar-rabbit-coin
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At the RRP I think strong interest for sure. There is no bull in platinum yet, this is accumulation territory and I would personally avoid unnecessary premiums unless it's a 10 year hold. If platinum explodes I'd rather be holding a bunch of 1/10's, you usually have to be quick to offload in the spikes of platinum-group metals (from what I read/hear). Generic bars are the hardest to offload and really need a raging bull market to get your money's worth, especially if selling to dealers where the worst buy-back rates are for platinum. It's why having a large stack isn't recommended. I hear 5oz is plenty as part of a large PM portfolio (one already worth say $100k plus of gold/silver), just wait for the 5-bagger opportunity and it's a nice bonus wealth increase.
 
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;)
heartastack said:
At the RRP I think strong interest for sure. There is no bull in platinum yet, this is accumulation territory and I would personally avoid unnecessary premiums unless it's a 10 year hold. If platinum explodes I'd rather be holding a bunch of 1/10's, you usually have to be quick to offload in the spikes of platinum-group metals (from what I read/hear). Generic bars are the hardest to offload and really need a raging bull market to get your money's worth, especially if selling to dealers where the worst buy-back rates are for platinum. It's why having a large stack isn't recommended. I hear 5oz is plenty as part of a large PM portfolio (one already worth say $100k plus of gold/silver), just wait for the 5-bagger opportunity and it's a nice bonus wealth increase.
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Respectively disagree, I think the bull for platinum started two months back when it came back to retest the multi year bottom $829 USD. From now on it will be slow grind up and once the crowd catches the pace, it will be fun. There is so much upside than downside for Pt. As always it’s just a prediction, let’s see how it plays out in 12 months.
 
Killerbala said:
;)

Respectively disagree, I think the bull for platinum started two months back when it came back to retest the multi year bottom $829 USD. From now on it will be slow grind up and once the crowd catches the pace, it will be fun. There is so much upside than downside for Pt. As always it’s just a prediction, let’s see how it plays out in 12 months.
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Shows how beaten down and cynical I am. Bring on the bull!
 
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