Platinum Eagles

Platinum Eagles are one of the most popular ways of buying platinum bullion. The Platinum Eagle comes in a full one ounce as well as fractional sizes of 1/10, 1/4 and  1/2 oz and is also made in Proof by the Mint. production started in 1997 and most issues are worth a small percentage over platinum spot prices. There are a few dates that command a “collectors ” premium . For the most part you should stay away from these unless you are a knowledgeable collector. They are speculative at best and almost always grossly over priced by telemarketing dealers.

Most of the cases of dealers selling the “rare “date and certified coins are simply a way for dealers to charge as much as 100% or more over bullion value and increase their profits and your losses. Beware of buying certified high grade coins for multiples of  the spot price.

They are a convenient and extremely liquid way to buy platinum and are highly recommended assuming you pay only a small premium over the prevailing spot price.