While everyone seem to be mad for gold Silver has been steadily growing in worth .
Although Silver is still growing in value it will probably continue growing in value.
One investor tried to corner the market in silver but was eventually thwarted.

by sirqitous

American Eagle Platinum Coin

Invest in Platinum the Wise Way  
American Eagle Platinum Coin

Article by Joseph Grillo

Platinum is one the most beautiful and most prestigious of the precious metals. It is rarer than gold and costs more since it has commercial and industrial applications where gold will not work. Platinum for example is used in manufacturing catalytic converters where it cleanses toxic pollutants from gasoline and diesel engine exhausts. It is also extensively used in the making of prestige jewelry, which makes up about 40% of the demand around the world. Platinum can be used in a wide selection of applications in the field of electronics, petroleum refining, chemical processing, glass dies and even medical and dental applications. Because of its many uses, limited production and high demand, this precious metal has secured its position in the investment world.The past three years has seen a rising demand for investments in platinum. There have been many mutual funds, pension funds and private investors which have increased their participation in platinum trading through futures and exchange traded funds (ETF). There are several ways in which you can begin to invest in platinum. You can start by buying bullion from banks known internationally such as the Credit Suisse. Bullions are usually offered at a premium price over the spot price. Another way is to invest in platinum coins which have higher selling premiums because they are considered as collectible art works and are inherently beautiful. Some examples of the most popular platinum coins include American Eagles, Canadian Maple Leafs, British Isle of Man and Australian Koalas. Because it is generally difficult to create counterfeit coins, most platinum investors prefer coins instead of bullions. You can also try investing in platinum futures although this requires a more thorough knowledge of how investments work. Predicting market movement is not child's work and if you are wrong, you could suffer a devastating loss.

About the Author

Joseph Grillo, author of this article is also interested in Precious Metal One and recommends you to please check out Invest in Platinum if you liked reading this information.

Clear Platinum Eagle


Image by sirqitous
One of my favorite shots of one of my favorite pieces: the 1/2 troy oz. .9995 proof platinum American Eagle bullion coin.

Platinum Group Metals
American Eagle Platinum Coin
Platinum is trading at $ 1,741/oz, palladium at $ 748/oz and rhodium at $ 2,350/oz. (MSN Money) -- Gold price may hit $ US1,600 an ounce The gold price could climb to a record $ US1,600 an ounce this year if investment demand remains strong amid sovereign debt fears, a metals consultancy says.

American Eagle Platinum Coin question by Chris88: He knows I collect silver?
I live with my best friend and he know that I collect older silver coins and American Silver Eagles dollar coins. Well he went out and bought me alot of silver old PCGS graded coins and 15 proof American Silver Eagles. My silver eagle proof set (1986-now) is now up to date thanks to him and I have a few doubles. He also told me that he have a coin that i've been wanting for a long time that hit him up hard in the pocket but I have to wait until Christmas. He has spent alot on me so far and bought me some really nice coins. I went out yesterday and bought him a friendship platinum ring that was $ 2,350 and I had his name added on it on the front. Should I give it to him today or wait until Christmas?
this is my childhood friend so I think this will mean alot to him. We've been friends since we was six and we are both 25 now.

American Eagle Platinum Coin best answer:

Answer by Adrian Matterson
Wait until Christmas, I think.