In the black With Pt.

[StackemHigh]

So after quite a while of collecting and stacking Pt earlier this evening i put £889.11 into my Pt spreadsheet and for the first time ever the little red number with the negative sign changed to a little black number without a negative sign. I must be doing something right! 

[daca]

4 hours ago, StackemHigh said:

So after quite a while of collecting and stacking Pt earlier this evening i put £889.11 into my Pt spreadsheet and for the first time ever the little red number with the negative sign changed to a little black number without a negative sign. I must be doing something right! 

Congrats 🥳

Me too  (42,28 euro in the black on my little 8,5 oz stack)

[Uksilverstackers]

Yes its certainly been a while, but a great year so far for Pt in Sterling.

[Happypanda88]

5 hours ago, StackemHigh said:

So after quite a while of collecting and stacking Pt earlier this evening i put £889.11 into my Pt spreadsheet and for the first time ever the little red number with the negative sign changed to a little black number without a negative sign. I must be doing something right! 

Your patience has been rewarded ! 😊

I have one single ounce of Pt purchased in September 2022 when spot was USD835.

It has gone up by almost $200. I doubt I'll be in the red any time soon. 🤗

 

[ArgentSmith]

The stars have aligned and a multi year bull awaits us.

[Stuntman]

Let's hope so.  I would sell units in my Pt ETF holding if the price went up by another 20% or so, I think.

[Stuntman]

Well the Platinum price is now back at about the same level as when this thread was started.  £888 at the time of posting.

Am hoping it will push up over £1000 in 2023.  At £1100 I would definitely be selling units in my ETF.

[James32]

33 minutes ago, Stuntman said:

£888 at the time of posting

Exactly what my first oz of platinum cost me to the penny ( plus post of course 😆)

[Stuntman]

Haha - pretty much the same for me!  My first one was a 2018 Britannia which cost me £890 delivered.

My average price across 9 oz of physical Pt is £906, so I'm still in the red.  But my ETF averages about £680...

[Roy]

My first was a QB Lion for £800 delivered.

What year were you buying? 🤔

edit: 2018 I guess

Edited December 30, 2022 by Roy

[James32]

5 minutes ago, Stuntman said:

Haha - pretty much the same for me!  My first one was a 2018 Britannia which cost me £890 delivered.

My average price across 9 oz of physical Pt is £906, so I'm still in the red.  But my ETF averages about £680...

I only have 4ozs physical with an average of £925

[James32]

7 minutes ago, Roy said:

My first was a QB Lion for £800 delivered.

What year were you buying? 🤔

edit: 2018 I guess

21st January 2022 😆 

[Stuntman]

5 minutes ago, Roy said:

My first was a QB Lion for £800 delivered.

What year were you buying? 🤔

edit: 2018 I guess

Yep - first purchase was in 2018.  I managed to get a QB Lion for £829 delivered.  My lowest delivered price per oz is £725 (Apr 20), and the highest is £1016 (Sep 22).  I'm hoping not to buy any more physical Pt after splurging on 4 oz of it this year.

[Roy]

 

1 minute ago, James32 said:

21st January 2022 😆 

Seems like the luck of the Irish was with me this time 😇

[Roy]

I need to look at charts but I seem to recall low 600s at the time?

Yep, just looked. It's a volatile bugger

Edited December 30, 2022 by Roy

[StackemHigh]

I'm looking at my spreadsheets now over Gold, Silver, Platinum and Palladium and if my numbers are correct Oz for Oz Platinum has outperformed every thing else i have. 

[Pete]

Almost 3 years ago - March 2020 - I landed a couple of American Eagles for less than £580 each including delivery from the European Mint.
How I wish I had ordered more !!
Those days are long gone now with VAT etc and high premiums in addition to the rise in spot - nice for the coins you have, but less so for those that you still need to buy.
Tudor Beasts for example when the RM releases the next coin(s).
 

[ArgentSmith]

Just noticed Platinum now more than Palladium although both metals in the doldrums could bode well for PT if/when global economies every improve.

[Silverlocks]

16 minutes ago, ArgentSmith said:

Just noticed Platinum now more than Palladium although both metals in the doldrums could bode well for PT if/when global economies every improve.

As the saying goes, money is made in bull markets and fortunes are made in bear markets.

I've got my 2g of platinum.  To da moon, I say.

Edited February 8 by Silverlocks

[bobski]

Platinum will be worth less than silver in 10 years. Get out while you can

[bobski]

PLATINUM HOLDERS: "but they use it in catalytic converters?!"

ELON MUSK: "Hold my beer"

[Wampum]

Just tipped into the black again 11/03.    

Edited March 11 by Wampum