American Eagle 2018 One Ounce Palladium Proof Coin

[ushdadude]

I learned my lesson the hard way, bought many limited mintage gold, platinum, palladium coins and sometimes even when the metal goes up you might end up losing money on the coins because of the premium you paid over spot.  Those coins are the bread and butter of brokers, they try to push them to the ignorant buyers, the best coins to buy are the ones that have no premiums, that is if you are buying a gold coin, and spot gold is $1200 you can buy an American Eagle, Buffalo, or Canadian Maple Leaf among others for $1215 or $1220. If gold goes up your coin moves up the same amount.  Now if you go buy a numismatic coin let us say a Liberty for $3800 , some time even if gold goes up, since you paid $2600 over spot or melt, you might lose big.

Interesting
How much above spot would you go for something actually had limited mintage?
ETA and where do you buy coins close to spot? Us mint always charges a premium

[Coinguy]

If you didn’t commit to selling this coin to anyone please PM for a good offer.

[Dan]

If you didn’t commit to selling this coin to anyone please PM for a good offer.

Per board rules, you need to post a price.

[Coinguy]

Per board rules, you need to post a price.

Paying $1800 per coin, more for quantity. Please PM

ETA do NOT PM me if you’ve already committed to anyone else.

[myi]

Any chance this offer I received today will work for the mint coins to sell on ebay?
Making a full profit of 2100 or so?

[LoLo]

Profit of $700 you mean?..

Also, not sure there's much you can do if the buyer claims that he got a different coin, and opens a case to get his money back.

[myi]

Profit of $700 you mean?..

Also, not sure there's much you can do if the buyer claims that he got a different coin, and opens a case to get his money back.

That's the downside when selling such items on ebay, wondering if banning low rates buyers would help? Definitely reduce the chance of fruad.

 Here's a link for the ebay promo see for yourself if it works.

https://pages.ebay.com/promo/LCP/2weeksfree.html

[Coinguy]

Buyers on eBay can file for SNAD (significantly not as described) for no real reason up to 90 from the sale date and eBay will force you to fully refund them. They can claim that the sealed box didn’t contain a coin and then you need to fight it out with the mint. Just some of the risks of eBay...

[chaaarvy]

Looking to buy coins. Offering $1,850. I'm in Lakewood. PM me.

[Coinguy]

Thanks to all who sold to me, I’ll match any legit offers and can provide shipping labels if necessary.

[Menachem613]

Looking for $1900. Brooklyn. 

[Coinguy]

Looking for $1900. Brooklyn.

Check your PM’s, I believe I bought this from you a few days ago

[myi]

Buyers on eBay can file for SNAD (significantly not as described) for no real reason up to 90 from the sale date and eBay will force you to fully refund them. They can claim that the sealed box didn’t contain a coin and then you need to fight it out with the mint. Just some of the risks of eBay...

You can set restrictions on the people buying your coin as well this can be a problem with any product you try to sell on eBay.

[myi]

Thanks to all who sold to me, I’ll match any legit offers and can provide shipping labels if necessary.

what's so special about this coin that the demand is so high?
Even had friends tell me they're holding on to this for 5-10 years have no clue why?

[Coinguy]

what's so special about this coin that the demand is so high?
Even had friends tell me they're holding on to this for 5-10 years have no clue why?

The telemarketers just decided to go after this one for now, that’ll stop shortly and the value will subsequently drop tremendously. I find it crazy that people who never even heard of palladium before are deciding to keep a coin at nearly twice the melt value thinking that it’s a good investment.