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06-16-2006, 10:53 PM
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#1 (permalink)
| | Member
Join Date: Jul 2005
Posts: 39
| Rhodium Coin?
Was reading about Rhodium on wikipedia the other day ( http://en.wikipedia.org/wiki/Rhodium and this stuff is amazing. It says it's the most precious of the precious medals. It makes platinum seem like copper. If rich people have gold coins....then evil super villians who rule the world would have coins made of this stuff. Has there ever been a Rhodium coin?
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06-16-2006, 11:13 PM
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#2 (permalink)
| | Coin Collector
Join Date: Oct 2005
Posts: 1,925
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Definately no. I haven't heard of 100% pure rhodium as it cannot be made into sheets of metal - that metal is quiet brittle.
Hence, it is more likely that you buy it in forms of alloy, such as platinum-rhodium alloy of 20-80.
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06-18-2006, 09:44 AM
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#3 (permalink)
| | You get what you pay for.
Join Date: Feb 2006 Location: Nebraska/Iowa
Posts: 5,243
My Mood: |
its like palladium, it'll never really catch on
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06-18-2006, 09:54 AM
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#4 (permalink)
| | Coin Collector
Join Date: Oct 2005
Posts: 1,925
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Disagree, palladium is starting to catch up recently. Here is a list of palladium coins minted worldwide. http://www.rene-finn.de/English/palladiumtabeng.html
To top it up, the Canadian mint minted palladium maple leaf bullion coins this year.
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06-18-2006, 05:15 PM
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#5 (permalink)
| | The Coin Troll
Join Date: Nov 2004 Location: Dallas
Posts: 2,539
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Rhodium is down $2300/oz since the middle of May!! I don't know if I could handle a coin that performed like that! Palladium is really useful, but is Rhodium useful? I assume it must be, but in what?
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"From time to time the Tree of Liberty must be refreshed with the blood of Patriots and of Tyrants."
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06-18-2006, 09:03 PM
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#6 (permalink)
| | Coin Collector
Join Date: Nov 2005 Location: Englewood, CO
Posts: 1,804
| Quote: |
Originally Posted by The_Cave_Troll Rhodium is down $2300/oz since the middle of May!! I don't know if I could handle a coin that performed like that! Palladium is really useful, but is Rhodium useful? I assume it must be, but in what? | As I understand it, it is most valuable as a chemical catalyst. I think I heard once that rhodium chloride has industrial applications in the production of ammonia, among other things.
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"It's a Sacagawea dollar! You can take it to the bank, and trade it in for a real dollar!" -Marge Simpson My paper money collection- updated constantly!
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06-19-2006, 08:37 AM
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#7 (permalink)
| | Treasure Hunter
Join Date: May 2005
Posts: 5,760
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It takes more than rarity to turn a substance into a monetary metal. Gold and silver [and to a lesser extent copper and nickel] are the metals with a long history of being accepted as money in most times and places.
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06-19-2006, 01:44 PM
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#8 (permalink)
| | Member
Join Date: Jul 2005
Posts: 39
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Originally Posted by The_Cave_Troll Rhodium is down $2300/oz since the middle of May!! I don't know if I could handle a coin that performed like that! Palladium is really useful, but is Rhodium useful? I assume it must be, but in what? | I heard about it because my wedding ring got a rhodium coating put on it. It helps white gold not turn yellowish. I think I'm gonna get 30 coats of it on my ring for free with my warranty, then scrape the stuff off and retire. |
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06-19-2006, 03:43 PM
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#9 (permalink)
| | Coin Collector
Join Date: Nov 2005 Location: Englewood, CO
Posts: 1,804
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Originally Posted by kelso_boy I heard about it because my wedding ring got a rhodium coating put on it. It helps white gold not turn yellowish. I think I'm gonna get 30 coats of it on my ring for free with my warranty, then scrape the stuff off and retire.  | That's another thing rhodium is good for... resisting corrosion. However zinc is a much cheaper way to do the same thing, lol. Most people wouldn't want a zinc coating on gold or platinum jewelry though.
__________________
"It's a Sacagawea dollar! You can take it to the bank, and trade it in for a real dollar!" -Marge Simpson My paper money collection- updated constantly!
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06-19-2006, 03:44 PM
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#10 (permalink)
| | Member
Join Date: Sep 2005 Location: dmt zone in the southland ca
Posts: 88
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i wish i had bought $20,000 worth of the stuff in 2003 ween it was under $500.
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