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What is platinum coin investment?

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By forlan



Platinum coin is a great investment for you. I have explained at another hubs that precious metal could protect you from recession. You may sell the coin if you are hard to find money.

The history of platinum is not good as gold. People rare used it as currency. The international trade long time ago was used gold and silver only. The first country that use platinum as currency was Russian Empire in 1800’s People rarely use platinum as the jewel because the color is not bright as pure gold. Platinum is used for machine, electronic, gadget, computer, etc.

In this hubs, I will inform about platinum coin that may you consider as your investment. United States Mint prints American Platinum Eagle Coin. Before you buying platinum coin, you should find information at platinum coin investment advice. .

American Platinum eagle coin

United States Mint has released American platinum eagle coin in 1997. The American platinum eagle are offered in 1, 1/2, ¼, and 1/10 troy ounce. American platinum coin contain 99.9995 % platinum.

The US Congress guarantees the content, weight and purity of this platinum coin. As long you buy at registered dealer, you do not have worry about the content.

American platinum eagle price is diverse into $ 10, $ 25, $50 and $ 100. Do not guessed that you can bring a coin with 100 bucks. The face value is different with market value because the price of platinum is increasing base on supply-demand. As 2008, the platinum coin price from that has weight 1, 1/2, ¼, and 1/10 troy ounce sell for about $ 13,000, $ 20,800, $ 12,800, and $ 20,800.

The smallest coin that has value $ 10 has diameter 16.55 mm and thickness 0.95 mm. A quarter troy ounces coin has diameter 22 mm and thickness 1.32-mm. Half-troy ounces coin has diameter 27 mm and thickness 1.75 mm. The largest that has weight 1 troy ounce has diameter 32.7 mm and thickness 2.39 mm.

The face design of the coin is liberty figure. On other side, we can see lady justice watched over by an American bald eagle. All size coin has same design except the face value and the weight value.

You can buy this coin at Amazon. See the right side of this page. You just click the platinum coin picture and follow the instruction to get the platinum coin.

American platinum Eagle is also available at precious metal coin dealer at most world. Off course, you can sell the coin straightforwardly. The US administration allows you to put the platinum coin in your IRA account. .

You can buy platinum coin from United States mint. The United States of mint is a bureau of the US Treasury department, which circulate nation platinum coin.

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Canada Maple Leaf Platinum Coin


>Beside produce gold and silver coin, Royal Canada Mint also produces Canada Maple Leaf Platinum Coin since 1988.  Canada Government protects its weight and purity.  I think this investment is the safest investment for you.

Maple leaf has purity around 99.99 percents. The sales claimed the platinum coin is the most pure platinum con in the world. No one country prints platinum coin like Canadian Maple Leaf.

The maple leaf is only minted one troy ounce size. Off course, the value is only symbolic. The intrinsic value or the price is always moving. The diameter of the coin is 30 mm or three cm and the thickness is 2.87 mm. For information, one troy ounce is equivalent with 31.033 grams. Certainly, when you read this hubs, the price may rise or decrease.

You should notice the quotation of the Canada Maple Leaf. The quotation reflects the platinum coin prices today. The pricing is based on current market and premium fee.

Australia Koala platinum coin


Australia Platinum coin has been minted by Perth Mint Company. Similar with the maple leaf, the platinum coin contain pure platinum or 99.9995 percent platinum. In the mid 1990’s, the company prints various platinum coin into 1 troy ounce; meanwhile, the face value is A$ 40.

The design of the koala is koala; meanwhile, the other side of coin, we can see Queen Elizabeth II. The company claims this platinum is greater than United States or Canada coin.

The company prints various platinum coin into 10, 2, 1, 1/2, ¼, 1/10, and 1/20 troy ounce. The face value of the coin is A$ 1,000, A$ 200, A$ 100, A$ 50, A$ 25, A$ 10, and A$ 5. The Australia also mints one-kilogram coin, which has face value A$ 3,000.

Australia platinum coin makes variety that fits with variety investor. The tiny investor could buy 1/10 ounces platinum. On the other hand, great investors could buy 1 kilogram platinum. All the coin is under Australia Currency Act 1965.


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Closing

Buy coin at the trustable precious metal dealer. You can ask your financial advisor to finding it. Some people may treat you with duplicate platinum coin. You should know the government, which released the company guarantee the content as long you buy the real platinum coin.

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