Is buying Gold, Platinum or Silver American Eagle Proof coins (US Mint) a good investment?
I imagine this would depend of the how the price of gold, platinum or silver does in the marketplace, but would there also be a collectors’ interest even if the prices of metals took a downturn?
Problem is, the seller wants to make a percentage, at least 20%, so you’re starting out your “investment” 20 to maybe 50% in the hole. Not an auspicious start! Same thing when you go to sell. And trading in metals or commodities is very risky– all it takes is one revolution in Africa and they might dump their metal reserves on the market, kaboom go prices. There’s also the rule of thumb, if an “investment” is advertised on the radio, it’s not a good investment. Good investments are scarfed up immediately by big investors. If it has to be advertised, it’s almost certainly not a good investment. Also remember that nobody can predict the future. The Hunt brothers lost like $700 million speculating in silver a few years back. If guys that do this full time all their lives can lose a huge bundle, how likely are you to do any better?
2010 $100 PR70 Platinum Eagle Coin FDOI LE 29 ANACS|
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2009 W PLATINUM PROOF $100 EAGLE BOX AND COA – NO COIN
$49.99 |
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2010 W PLATINUM PROOF $100 EAGLE BOX AND COA – NO COIN
$24.99 |
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1 ounce Platinum Eagle $100 coin back year BU
$2,059.00 |
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2007 American Eagle 4 coin PLATINUM BURNISHED, UNCIRCULATED set
$3,650.00 |
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2011W Platinum Eagle Proof Coin NGC PF69 Ultra Cameo – Freshly Graded on 1/17/12
$676.66 |
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2005 W Platinum Eagle Set US Mint OGP COA No Coins
$75.00 |
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US Coin 2011W $100 Platinum American Eagle Proof Preamble
$1,775.00 |
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2001-W PROOF PLATINUM EAGLE NGC PR70 PF70 4-COIN SET !!
$7,485.00 |
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2001-W 4-coins SET PROOF PLATINUM EAGLE NGC PR69 PF69 !
$4,985.00 |
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1999-W 4coin SET PROOF PLATINUM EAGLE NGC PR70 PF70 !!!
$6,475.00 |
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2009 1 OZ $100 PROOF PLATINUM EAGLE BOX & COA NO COINS
$13.75 |
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2006 2007 2008 W 1 oz $100 Burnished Platinum Eagle coins 3 oz total OGP/COA
$6,459.00 |
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2006 $10 PURE PLATINUM EAGLE ~ PCGS~MS~69 ~ GEM COIN ! ~11,001 MINTED !~$299.99
$299.99 |
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2007~W ~ RARE COIN ! ~ $50 PLATINUM AMERICAN EAGLE ~1/2~OZ.~POP 286 ~$1,199.99
$1,199.99 |
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AMERICAN PLATINUM EAGLE PCGS / NGC MS 69 1/2 OZ COIN LOT
$1,049.99 |
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2010-W American Platinum Eagle Proof $100 Box (No Coin)
$19.99 |
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2005 4 COIN SET PLATINUM PROOF EAGLE BOX ONLY–NO COINS
$54.95 |
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2011W Platinum Eagle Proof Coin NGC PF70 Ultra Cameo – Freshly Graded on 1/11/12
$2,195.00 |
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2009 ONE 1 OZ PROOF PLATINUM AMERICAN EAGLE OUNCE COIN PERFECT GRADE NGC PF70!
$2,999.99 |
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REDUCED/SAVE $1000.00…2006 BURNISHED PLATINUM AMER EAGLE UNCIRC FOUR COIN SET
$4,275.00 |
