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Time to sell Palladium for Gold?? Advice...


Lindeman

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Hi 

Just want to get your opinion: I have a single 1 ounce lovely Canadian palladium Maple that I have shown here before (as I was curious to compare gold, silver, platinum and palladium - all from same design) that I bought when palladium was half the price of gold. Naturally over the next few years I bought more platinum than palladium as I was "sure" platinum was the forgotten PM😆 

What would you do? Sell it now and buy an ounce of shiny gold on the basis that Palladium is a bubble ...assuming that soon gold will overtake it?

I am tempted top keep it for the curiosity ...but its hard to ignore that its tripled in value! Besides ...maybe it keeps climbing and maintains a premium over gold. 

Lindeman 

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Unless you need the cash, or you have 2 I would hold. I bet it’s a lovely coin. Sometimes knowing that is worth more than the cash, and when it’s not that cool... you will sell! ;) 
 

Got any platinum you want to sell? 

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1 hour ago, Lindeman said:

Hi 

Just want to get your opinion: I have a single 1 ounce lovely Canadian palladium Maple that I have shown here before (as I was curious to compare gold, silver, platinum and palladium - all from same design) that I bought when palladium was half the price of gold. Naturally over the next few years I bought more platinum than palladium as I was "sure" platinum was the forgotten PM😆 

What would you do? Sell it now and buy an ounce of shiny gold on the basis that Palladium is a bubble ...assuming that soon gold will overtake it?

I am tempted top keep it for the curiosity ...but its hard to ignore that its tripled in value! Besides ...maybe it keeps climbing and maintains a premium over gold. 

Lindeman 

I have Pd for sale listed since last July 4 and the spot keeps going up in the mean time.

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@Silverman2U yes - probably just going to admire it a while longer, as I may never get the chance to buy an oz of Pd for less than $2000 again!! 

Its the same design as the one shown here - thanks to @trozau🙂. Yup - that is one other issue: limited pool of buyers, probably even here. If I was going to sell I would probably just call around a few dealers and make it simple ....but I guess they would offer spot minus 1-5%, while on the Forum you may do better. 

I do have some Pt that I am wondering about selling ....but again, may just sit for a for a few weeks to see the direction of travel. I have a full boxed set of tasty 2007 Proof Britannias, that I graded @ NGC recently via @Numistacker. Usual dilemma - whether to keep a few and split the set ...or sell the lot, knowing that not many buyers have the appetite for a £2000 set of Pt coins...

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