Platinum American Eagles

Platinum American Eagles

Platinum, found in the Platinum American Eagle and other coins, is a precious metal sought out by investors due to its rarity and value. Platinum, used in Platinum coins and Platinum bars, gets its name from the Spanish word platina, which translates to “little Silver.” The Platinum found in American Platinum coins is a dense, precious gray-white metal. Platinum proof coins and other Platinum products are often made of .9995 fine Platinum, one of the rarer element’s in the Earth’s crust, with only a few hundred tons produced each year.

This rarity makes Platinum coins, bars and rounds a favorite of many investors. These investors like that Platinum, found in the Platinum American Eagle and other Platinum coins, has important uses, making it very valuable, increasing its demand. Platinum, found in American Platinum coins, is the least reactive metal and is resistant to corrosion, even at high temperatures, making it an ideal metal for a number of industrial products. The same Platinum found in Platinum proof coins and other Platinum products, is used in catalytic converters in cars, laboratory equipment, electrical contacts, dentistry equipment and jewelry.

In addition to industrial uses, Platinum is, of course, a Precious Metals commodity, available as Platinum coins, Platinum bars and Platinum rounds. Due to its rarity, Platinum, available as Platinum proof coins, rounds and bars, is historically more expensive than Gold during times of economic stability and growth. During times of economic uncertainty, the Platinum price, for items such as the Platinum American Eagle, can often decrease because of reduced industrial demand. American Platinum coins are worth adding to your Precious Metals holdings if you want a well-rounded Precious Metals portfolio.

Platinum coins, bars and rounds are often eligible for Precious Metals IRAs. These self-directed IRAs allow you to buy Platinum American Eagles and other eligible Precious Metals products and any profits from the sales of these investments can be tax deferred. The sale of Platinum products, like American Platinum coins can be tax deferred as long as you keep the proceeds from the sale with your custodian to reinvest or if you transfer the proceeds to another IRA account. Check to see if the Platinum proof coins and other Platinum products you are considering are eligible for Precious Metals IRAs.

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We provide all of our customers with a refund, return and / or exchange on everything we sell including all bullion and certified coins. If for any reason, you have a problem, please feel free to call us. We will always do our best to accommodate you.

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