Check it out. New bullion design.

http://coinweek.com/bullion-report/u-s-mint-launches-new-palladium-bullion-coin-sept-25/

 

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You do know the difference between palladium and silver, don't you?

Chris

 

One proton?

 

And lots of dollars!

 

Oops....

Still, and while not a fan of reusing classic designs, this sounds much better than the blatant political pandering done with the recent high-relief gold.

 

I actually don’t know the difference Chris. If you could explain this to me that would be great @cpm9ball


Nevermind I looked it up. Thanks for the update I never knew there was a difference I always thought it was a professional way of calling it silver

Sorry. I edit the title

 

Since Chris doesn't appear to be here at the moment....

Silver isn't copper or gold, right? Well, it's the same with palladium, which is a different chemical element.

 

This is actually the first time i heard about it lol. I just figured it would be silver cause I thought that’s what peace dollars were made from

 

They say we "learn something new every day".... or "some things" in your case.

 

I always thought that Cream played their 35th final goodbye concert at the Palladium.

 

And a couple neutrons.

 

Is that saying it’s pretty much silver by a couple protons and neutrons??

 

The interesting thing about particle physics is how inter atomic and inter molecular forces change significantly even when there is only just a slight variation in mass.

 

Hm... that is pretty interesting. What else is it used for?

 

Palladium is used mostly for jewelry, and some is used as a catalyst for exhaust manifolds, along with other platinum group metals.

 

They don’t put this in the computers and electrics like gold? Does it carry electricity?

 

Someone was talking about this the other day with me. I think they said that this metal is in Catylitic converters and with the onslaught of electric cars, Paladium will decrease in value over the years. Is there any truth to this?

 

I like it. Very cool. Something different.

 

One use for palladium is in ceramic capacitors which are used in some computers., and yes it is electrically conductive. All metals are due to the loosely bound "cloud" of outer shell electrons that can move easily from atom to atom.

Palladium is an important industrial metal that is used as a catalyst in many chemical reactions, not just catalytic converters.

As the use of electric cars increases and catalytic converters declines that MAY cause a decrease in value, but the industrial demand will probably increase and keep the price up. There already is more demand than there is supply.

One thing I DON'T like about this is that the legislation, like those of the ASE and AGE required the use of domestically mined metal. The entire annual domestic production is only 258,000 oz. If this coin does become popular it could easily consume the entire domestic production (Which already isn't enough to satisfy domestic demand. Domestic demand for just catalytic converters is 6 million oz.) So if this coin takes off we will have to buy another 258,000 oz from Russia each year. Palladium is a rare industrial metal, it should not be used for a stupid bullion coin. (personal opinion)

 

You are correct. I forgot to mention palladium is used in electronics, a little bit. Personally, the only reason I know some of these things is because I started an element collection and was fascinated by the elements for years, so I figured I better learn some things about them.