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-   -   Palladium maple leaf, good deal? (http://goldismoney.info/forums/showthread.php?t=376731)

CAVU 05-21-2009 01:14 AM

Palladium maple leaf, good deal?
 
A dealer nearby has some PD Maple leafs for 300.00 each. With PD spot around 230 right now thats a 70 dollar premium. Just not long ago they were over 500 each. Dont see many available on the web right now. Figure those that bought them high are holding tight onto them until they at least break even.

Anyone think they might have future collector value since they are not making them anymore? Take the leap or go for the yellow metal instead?

JoeSixPack 05-21-2009 01:37 AM

Re: Palladium maple leaf, good deal?
 
Quote:

Originally Posted by CAVU (Post 1731626)
A dealer nearby has some PD Maple leafs for 300.00 each. With PD spot around 230 right now thats a 70 dollar premium. Just not long ago they were over 500 each. Dont see many available on the web right now. Figure those that bought them high are holding tight onto them until they at least break even.

Anyone think they might have future collector value since they are not making them anymore? Take the leap or go for the yellow metal instead?

You might get a better deal on Pamp palladium bars, but $300 is not bad for a Maple. Apmex is out of bars, and NW Mint has them for $272 ea. (5 minimum). If you want Pd, I would consider grabbing the Maple while you can.

I'm not sure where Pd is going short term (alternative energy could spike it), but long term it is probably a good hold.

GardensGold&Guns 05-21-2009 10:17 PM

Re: Palladium maple leaf, good deal?
 
Quote:

Originally Posted by CAVU (Post 1731626)
A dealer nearby has some PD Maple leafs for 300.00 each. With PD spot around 230 right now thats a 70 dollar premium. Just not long ago they were over 500 each. Dont see many available on the web right now. Figure those that bought them high are holding tight onto them until they at least break even.

Anyone think they might have future collector value since they are not making them anymore? Take the leap or go for the yellow metal instead?



Hell yeah! cant even find PD coins. I'll buy them if you dont

Jekyll7 05-25-2009 02:27 AM

Re: Palladium maple leaf, good deal?
 
Quote:

Originally Posted by GardensGold&Guns (Post 1733054)
Hell yeah! cant even find PD coins. I'll buy them if you dont

Agreed. I can't find Pd or Pt Maples at any of my usual sources right now.

j-son 05-25-2009 08:04 AM

Re: Palladium maple leaf, good deal?
 
Quote:

Originally Posted by Jekyll7 (Post 1737291)
Agreed. I can't find Pd or Pt Maples at any of my usual sources right now.

http://www.swmex.se/Product.aspx?productID=63

Jekyll7 05-25-2009 12:32 PM

Re: Palladium maple leaf, good deal?
 
I am guessing that price is in Kronor, which would convert to about $434 USD. 87% over spot...ouch. It seems like kilobars or 100 oz bars are the only way to get anywhere close to spot prices. I don't think Pd in the $200 range will last, maybe it's time to suck it up and buy a kilo?

CAVU 05-25-2009 01:06 PM

Re: Palladium maple leaf, good deal?
 
Quote:

Originally Posted by Jekyll7 (Post 1737664)
I am guessing that price is in Kronor, which would convert to about $434 USD. 87% over spot...ouch. It seems like kilobars or 100 oz bars are the only way to get anywhere close to spot prices. I don't think Pd in the $200 range will last, maybe it's time to suck it up and buy a kilo?

Yes seems like PD prices are at rock bottom right now compared to the other PMs. Buy low they always say. Got a 2005 ( inaugural year?) and a 2007 PD ML. Thanks for the opinions, balked a bit having never paid such high premium for a coin before. :coolbeer:

Ag_man 05-25-2009 03:01 PM

Re: Palladium maple leaf, good deal?
 
With only a $70 premium, I'd say those Maples are a good buy right now. I'd jump on them. I've paid a higher premium for mine, don't care to say how much more.

oldmansmith 05-25-2009 04:32 PM

Re: Palladium maple leaf, good deal?
 
Buy them! I would if I could.


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