SOUTH AFRICA – South Africa supplies 80% of the worlds Platinum, and they are having supply problems due to the mine closures and strikes. This is a long term issue for the South African mining industry.
INDUSTRIAL USES – Platinum is the best conductor of electricity known to man. Autos, communications, health care, military applications are essential to growing economies like China, its main customer.
* Platinum is 20 times more rare than gold.
* You have to go twice as deep to mine platinum.
* There are no Platinum reserves on planet Earth. All of it goes right into use.
* One gram of Platinum can stretch into a wire that is one mile long.
* Platinum is used in fiber optic cables, the fight against cancer, to treat brain aneurysms, in microchips, smart bombs, spark plugs, jewelry, etc. It is used in the production of, or in the final product of 1 in 5 consumer products.
* It has the lowest supply with the highest demand of ANY precious metal out there.
* It is extremely dense and has to be struck 3 to 5 times to get the image to come out clearly, more for the proofs.
* It is rumored that Platinum coin production will cease due to limited availability and the (4) coin proof sets have already been cancelled after 2008.
* 1997-2012, 52 Coins total. 4 Coins per year ($10, $25, $50, $100) 1997-2008, 1 coin per year ($100) 2009-2012
*Includes 2008, the lowest minted year and the last year of production for the fractional ($25, $10, $5) coins.
The Platinum Eagle is the first and only investment grade platinum coin issued by the United States Mint. From 2006 – 2008, the US Mint offered collectible uncirculated, “burnished” versions of the coins directly to the public. These coins were offered in all four denominations, for sale individually or as a four coin set. The coins differ from the bullion coins by the inclusion of the “W” mint mark and the use of the rotating reverse designs also used on proof coins.
CERTIFIED – All coins are U.S. Legal Tender, slabbed and certified by PCGS or NGC.
LOWEST MINTAGES – Platinum Proof Eagles have averaged four times fewer mintages than Gold Proof Eagles and have greater growth potential.
RARITY – With Platinum sets often cancelled and minted less often, it stands to reason that they are outperforming other coins. Only a few hundred are graded at the 69 and 70 level each year.
LONG TERM VALUE – Platinum is normally twice the price of Gold. Right now it is almost equal. That is changing fast with Platinum doubling in less than 18 months. Rebounding economies worldwide are demanding Platinum at a rate that is exhausting current supplies.
PRIVACY – All proof coin sales are executed privately, with no reporting requirement from 401 GOLD CONSULTANTS LLC. This product is a perfect way to pass an estate down to your heirs. They will get money and property at the same time. PRIVATELY.
DELIVERY – 7 to 10 Business Days. Adult signature required.