Palladium proof coins offer a unique opportunity to add to your coin collection while also broadening your investments. If you're looking for a distinctive addition, you'll find that these proof coins are a stunning choice.
There are four types of coins that you might add to your portfolio or collection. Understanding the difference is crucial to choosing the right pieces for your needs.
Bullion coins are intended for investment purposes only. These coins are struck once and produced quickly because the metal is more important than the design. The global economic conditions, the weight of the metal, and the current supply and demand for that metal factor significantly into the value of a bullion coin, while the mintage plays a smaller part. Bullion coins are available in gold, silver, platinum and palladium.
Proof coins stand out as the highest quality of collectible coin on the market. Proof coins are unrivaled in their fineness and attention to detail. The Royal Mint hand-feeds proof coins into the press and strikes each coin up to six times to ensure exacting detail. No more than 50 proof coins are struck by the Royal Mint each hour, compared to bullion coins, which are struck at a rate of up to 250 coins an hour.
The United States Mint strikes its proof coins at least twice with a specially polished die that provides exceptional detail and a glossy mirror-like finish. Proof coins from the U.S. Mint are packaged in a protective capsule and come with a Certificate of Authenticity. Proof coins are available in silver, gold, platinum and palladium.
Uncirculated coins are minted to a higher standard than coins intended for circulation. At the Royal Mint, brilliant uncirculated coins are hand-fed into the press and struck twice. About 100 of these coins are struck each hour.
The U.S. Mint hand-feeds these coins into the press as well and uses specially burnished blanks to produce a brilliant finish. Uncirculated coins are available in base metals, silver, gold, platinum and palladium.
Circulated coins are those used for everyday transactions. In the United States, the penny, nickel, dime and quarter are currently circulating coins. Half dollars and $1 coins may also be used as legal tender and are considered to be circulating coins as well, though they move less. Circulating coins can still be part of a coin collection, but they do not carry the added value of a precious metal, like bullion, proof and uncirculated coins do.
Proof coins are a popular choice for both investors and collectors. Proof coins carry the value of their underlying metal along with an added premium for the numismatic value of the coin. Proof coins are typically struck in limited quantities, which makes them especially alluring as collectibles.
The stunning appearance of proof coins also makes them an ideal choice when you want something to put on display. They come in many intriguing designs and offer attention to detail that you simply won't see when these engravings are rendered onto other types of coins. To truly appreciate the full artistic value of a collectible coin, the proof version is the way to go.
The value of proof coins fluctuates, just as the value of precious metals and other collectibles does. There are several factors that influence the current value of a proof coin. These include:
Palladium is a valuable precious metal. Though it's not as well-known as silver or gold, it makes a good investment because palladium is:
Palladium coins are rarer than those made from silver or gold. This makes them a unique choice for your collection. Though palladium coins have been used in circulation in Russia, most coins of this type are commemorative in nature. The United States created its first palladium proof coin in 2018 with the release of the American Eagle 1-Ounce Palladium Proof Coin. Some reasons to invest in these and other palladium proofs are:
Palladium proof coins have a striking appearance and lasting value. Fill your coin collection with these truly original items.