Platinum Coins for Sale
Investing in platinum coins has proven to be a popular option within the precious metals marketplace. Platinum’s scarcity, a result of limited mining output and above-ground supply, combined with increased industrial demand create an interesting financial opportunity. To find out more about these opportunities, current platinum prices, or how to buy platinum coins, contact a Monex account representative today.
Investing in Platinum in a Modern World
Although a number of countries produce legal tender platinum bullion coins, those produced by the United States and Canada have proven the most popular with investors and are the only platinum coins for sale at Monex. Recognized worldwide, these high quality, top value coins are easy to buy and sell, and unlike larger platinum bullion bars, can be easily divided into smaller quantities.
The Platinum American Eagle set the world standard for quality in platinum coins. Each masterfully designed coin is crafted from pure .9995 fine platinum bullion.
The Platinum Canadian Maple Leaf is a part of the popular Canadian Maple Leaf bullion coin family and consists of pure .9995 fine platinum bullion with a face value of $50 (CAD).
With billions of dollars in transaction volume and a sizable two-way buy/sell market, Monex remains a preferred source for buying platinum coins. Contact one of our Account Representatives today and learn more about how to invest in platinum coins.
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Why do some platinum coins sell above spot price?
Platinum coins that have genuine collector appeal could sell at prices many times the spot platinum prices. However, it remains to be seen if platinum bullion coins that are sold at levels in excess of their bullion value will maintain that premium over the long haul. Monex only offers platinum bullion bars and coins that fluctuate in price based almost exclusively on their metal content value and not on their rarity.
Are platinum coins spendable currency?
Not only is platinum coinage money, but it is often referred to as real money, much like other forms of physical metal. To truly be a “platinum coin” it must be legal tender of the government that issues it. Because the face value of platinum minted coins are beneath the intrinsic value of its bullion, platinum coinage is not used in commerce. For information about investing in platinum and our current platinum prices, visit our online resources or call a Monex account representative at 800-444-8317.
Is there a minimum number of platinum coins I must purchase in one transaction?
Investors can purchase a minimum of one Platinum American Eagle or Platinum Canadian Maple Leaf coin at Monex. Buying and selling platinum in larger quantities, however, offers greater efficiency, which means better pricing for you. Monex selects only the most popular and liquid investment grade products, and buying more than one coin has historically proven beneficial over our extensive 50 years years of experience.
What are the advantages to investing in platinum bullion coins compared to bars?
Platinum coins have the advantage of containing a precise, consistent weight and purity, along with uniform dimensions, making it easy to verify their authenticity without destructive, costly and time consuming assaying. Secondly, investment grade platinum coinage represents legal tender of the government's mint that issues them, and as such, generally receive favored status in tariff-free trading across the globe. Finally, it is generally agreed that coins, like the Platinum American Eagle and the Platinum Canadian Maple Leaf, are more valued due to their aesthetic appeal being struck in great detail from mint engravings.
What is the purest platinum coin?
Where can I find Monex current platinum coin prices?
Discover the advantage of buying and selling platinum and other precious metal investments at Monex. Use the live prices page to compare both the buy and sell prices to gain an appreciation for the benefits of greater liquidity in the marketplace. Monex makes a vast market that is not limited to a few substandard items, and it maintains one spot price to offer transparency in pricing. Getting what you order, at the best platinum prices over the long haul, is what Monex believes in, and why the Monex companies celebrate over 50 years years of precious metals history and experience.
How do I order platinum coins from Monex?
Monex strives to make investing in platinum coins an easy process. Once you have decided on the amount of palladium coinage to purchase, your Monex account representative will assist you in executing your order over the phone. After your acknowledgment, your purchase and price will be confirmed on a voice recorded line and a written confirmation will be sent to you with the details of your order.
Payment may be made after you order, but must be initiated on the same day of purchase, which means you must mail or wire funds on the day of your purchase. You can have your metal shipped to your home, made available for pick-up at one of our affiliated secure locations located across the U.S., or have your metal delivered to a bank/depository for storage.
Which platinum coins are acceptable in an IRA?
Both the Platinum American Eagle and Platinum Canadian Maple Leaf coins are acceptable in an IRA. Call an Account Representative at Monex and ask about the application process to include palladium coinage in your IRA and for a detailed list of IRA approved palladium, platinum, silver, and gold coins.
Which platinum coins should I purchase?
While all coins have value directly correlated to the variance in prices, the most popular bullion coins offer the best investment opportunities. The best investment grade palladium coinage will generally increase or decrease in value at the same pace. The Platinum American Eagle and Platinum Canadian Maple Leaf coins we have available at Monex are both struck in .9995 pure platinum. These coins are a good option for investors interested in adding a platinum investment to their portfolios.