Message:

<p>[QUOTE=&quot;Aberlight, post: 300535, member: 6510&quot;]Whats funny is that the platinum reverse proof set represents a 34% mark up over spot ($1995 set vs $1450 spot) ($500 premium over $1450) whereas the 2006 Silver Eagle Reverse proof set represented a 122% mark up over spot ($100 set price vs $45 spot for 3 oz of silver at $15) ($55 premium over $45)</p><p><br /></p><p>I bought a bunch or platinum at $650-$750 per ounce that will quickly be sold to buy a set or two.</p><p><br /></p><p>Keep in mind Platinum is a limited industrial metal that is consumed in the processes from catalytic converters to medicine and with high refining cost especially as energy cost increase. Sometimes its recycled when cost effective whereas gold is purely a commercial metal that is largely recycled.</p><p><br /></p><p>I would be curious as to how much US mint produced gold, platinum, and silver is melted and restamped. As it is already .9995 pure it doesn&#039;t require extraction and refining, just melting and essentially they stamp out a new identical coin with a new date.</p><p><br /></p><p>.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in