Palladium is a rare and lustrous chemical element that resides in the platinum group of the periodic table. Palladium has a wide range of uses in many different industries, ranging from hydrogen purification, to dentistry, to jewelry. With so many uses, palladium has captured the attention of the numismatic community. Take advantage of MCM’s low prices and free domestic shipping to add. Palladium is heavier and denser than silver, therefore 1 oz palladium bars and.999 palladium coins take up much less storage space per troy ounce than silver. Palladium is extraordinarily. Palladium is heavier and denser than silver, therefore 1 oz palladium bars and.999 palladium coins take up much less storage space per troy ounce than silver. Palladium is extraordinarily resistance to corrosion, wear, and tarnish.
While palladium is a lesser-known precious metal, palladium bullion coins can offer an investment opportunity for collectors. However, many investors wonder if palladium coins will be worth it in the long run, particularly compared to other precious metals. Here’s why investing in palladium can be a smart financial idea.
Adoption by Government Mints
Real casino money games. While the United States only started minting palladium bullion coins in the form of the American Palladium Eagle in 2017, other countries, including Canada and Australia, have been minting palladium coins for several years. The American Palladium Eagle and many foreign palladium coins are popular amongst collectors for their relative rarity.
Supply and Demand
Palladium is a platinum group metal (PGM), and it is used extensively in the automotive industry, as well as the chemical, electrical, jewelry, and dental industries. Palladium is a vital component of catalytic converters, so as the demand for eco-friendly cars rises, so does the demand for palladium. At this point, the demand outweighs the supply, which is increasing the value of palladium bullion and palladium bullion coins.
Rarity of Palladium
Palladium is a relatively new precious metal compared to gold, silver, and platinum, as it was only discovered in 1803. This compares to platinum, which was discovered in 1735, and gold and silver, which have been known and used for thousands of years for coins, jewelry, and industrial purposes. In addition to the relative recency of palladium, it’s far more rare than its precious metal counterparts. It’s estimated to be 15 times more rare than platinum, 30 times more rare than gold and well over 100 times more rare than silver.
Palladium Compared to Other Coins
Palladium Coins Wikipedia
Palladium Coins Us Mint
Palladium Coins
While palladium coins are highly valuable at the moment, there is less public demand for them compared to gold, silver, and platinum bullion coins, as they haven’t been seen as an investment vehicle for as long as the aforementioned metals. Therefore, palladium has less liquidity than other precious metals, and depending on the coin that you choose, it may be slightly more difficult to sell these coins. However, the high demand for palladium in the industrial market still means that palladium coins can be a great way to diversify an investment portfolio.
Atlanta Gold & Coin Buyers offers competitive rates on coins and bars of all precious metals, including palladium. If you’d like to buy palladium coins for your collection or are looking to sell, request an appointment by calling 404-236-9744.