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<p>[QUOTE="doug5353, post: 2088395, member: 73555"]One of the problems with the other white metals, especially rounds or bars, is trying to convince a buyer down the line that they are platinum or palladium and not simply silver. Probably cuts down potential buyers by a factor of 50 to 1. Plus platinum and palladium are so valuable that they are basically hopeless for commerce, no one can "make change" for them, whereas 90% silver (despite the bulk) may be the preferred medium of exchange until some new currency kicks in. Think about it.</p><p><br /></p><p><u>I do not like</u> keeping PM's in a safety deposit box, for a variety of reasons, but if you can't afford a box, you shouldn't be stacking to begin with. A 5" x 10" box, if jammed full, will hold about $1200 face, and weigh 75+ pounds. At my credit union, I pay $32 a year for a box that size. In a downtown bank in a big city, you would probably pay $70 to $80 a year, still less than a clad quarter a day. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie101" alt=":woot:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="doug5353, post: 2088395, member: 73555"]One of the problems with the other white metals, especially rounds or bars, is trying to convince a buyer down the line that they are platinum or palladium and not simply silver. Probably cuts down potential buyers by a factor of 50 to 1. Plus platinum and palladium are so valuable that they are basically hopeless for commerce, no one can "make change" for them, whereas 90% silver (despite the bulk) may be the preferred medium of exchange until some new currency kicks in. Think about it. [U]I do not like[/U] keeping PM's in a safety deposit box, for a variety of reasons, but if you can't afford a box, you shouldn't be stacking to begin with. A 5" x 10" box, if jammed full, will hold about $1200 face, and weigh 75+ pounds. At my credit union, I pay $32 a year for a box that size. In a downtown bank in a big city, you would probably pay $70 to $80 a year, still less than a clad quarter a day. :woot:[/QUOTE]
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