American Eagle 2018 One Ounce Palladium Proof Coin - now available

[mr-dead]

If you want one be quick, they are now up and on sale :

https://catalog.usmint.gov/american-eagle-2018-one-ounce-palladium-proof-coin-18EK.html?pid=18EK&cm_mmc=ExactTarget-_-Transactional-_-RemindMeLaterCoinDrop+18EK-_-BodyViewProductCTA&utm_source=Transactional&utm_medium=EMAIL&utm_content=BodyViewProductCTA&utm_campaign=RemindMeLaterCoinDrop+18EK&cm_mmca1=RML&cm_mmca2=All&cm_mmca3=18EK

 

[Lr103]

Either the Mint is overwhelmed, or they sold out in 6 minutes!!

[mr-dead]

Looks like they sold out.

[Lr103]

I just saw this was in my email from a few hours ago...probably a good indication a coin will do well.

(this was needed because there was a 1 coin limit per household)

[PolarPanda]

Damnit!!!! I wanted to have one to go together with my 2017 BU one but too late... Ppfff. 

[ZatStackz]

Yup, sold out in 5 mins.  Luckily I was able to get one.

Lots of dealers were asking for people to buy and resale to them.  I'm trying to decide if I should sell it immediately and make a quick $200 or hold onto it for possible more value in the future.  I was originally planning on buying it for my own collection before the offers came in.  Not sure how the prices will do if the market suddenly becomes flooded with the dealer graded coins in about a month.  I have 3 hours to think about it before the offer expires. 

[PolarPanda]

13 minutes ago, ZatStackz said:

Yup, sold out in 5 mins.  Luckily I was able to get one.

Lots of dealers were asking for people to buy and resale to them.  I'm trying to decide if I should sell it immediately and make a quick $200 or hold onto it for possible more value in the future.  I was originally planning on buying it for my own collection before the offers came in.  Not sure how the prices will do if the market suddenly becomes flooded with the dealer graded coins in about a month.  I have 3 hours to think about it before the offer expires. 

If you see the price appreciation for the BU version of 2017 my guess is this should be a winner... Ofcourse there are never guarantees and the mintage of 15.000 pieces can be a serious fact to consider... 

[Guest]

Bought one today - it should be a winner 

[PolarPanda]

21 minutes ago, Numistacker said:

Bought one today - it should be a winner 

Yeah yeah, make other peoples jealous Numi...! 😛 

[999magnum]

I tried, but it sold out in the first few minutes it seems. It sort of reminded me of the rush and the disappointment that I experienced when trying to buy the Nintendo Wii many years ago and failed.

[*tada*]

Got one as well, the ordering system got messed up in the middle and luckily still went through in the end... In noon EST today you can imagine thousands of people with eyes glued to their computer screen and keep refreshing the US mint order page😏 5 minutes later there will be cheers and curses.

Many dealers are paying more to buy one from those who got it.

People think this is a short-term flip (given how soft platinum issues are in the long run). But the design is beautiful and clearly people loved 2017 BU version which had the same design.

[*tada*]

Some examples of instant profit (issue price is $1387.5):

 

Provident:

Pinehurst Coins offering $225+

 

[Guest]

1 minute ago, *tada* said:

Some examples of instant profit (issue price is $1387.5):

 

Provident:

According to youtube sources MCM are offering between $400 and $600 profit if you have one to sell to them

[*tada*]

11 minutes ago, Numistacker said:

According to youtube sources MCM are offering between $400 and $600 profit if you have one to sell to them

I saw some big dealers now offering $300-$400, so APMEX and Provident are giving people lowball offers.

The 70 graded First Strike/Early Release has potential to sell for $3000+ for the frenzy. I'm submitting mine as soon as I got it.

[sdd1jmc]

Got one as well, trying to decide if keep it of go for the profit. If I keep it would send it to NGC.

 

[Roy]

22 minutes ago, *tada* said:

I saw some big dealers now offering $300-$400, so APMEX and Provident are giving people lowball offers.

The 70 graded First Strike/Early Release has potential to sell for $3000+ for the frenzy. I'm submitting mine as soon as I got it.

Great hobby this eh? 😞

[*tada*]

1 minute ago, Roy said:

Great hobby this eh? 😞

Gonna brag to wife for her continued support now😎

[*tada*]

Raw coin on eBay going for $1900 now...

[MickD]

Way out of my price range, good luck to anyone who got one.

[HelpingHands]

7 hours ago, davidle98664 said:

Many dealers are FILLED and are not buying at the moment.

However, we are STILL BUYING MORE and we will beat ANY OTHER offer out there!! 

Please call IMMEDIATELY to sell your 2018 1 oz Palladium Proof Eagle today. We can make a deal that you will be happy with!!

We have been at the same location since 1994! 

David

 (telephone number deleted by Admin)

or (telephone number deleted by Admin)

 

@davidle98664

I googled your phone number and it suggests that you're a dealer.  What's the business name?

Also, if you want to advertise as an dealer on the forum please view the gold membership.

Quote

 

Business sellers wishing to sell commercially on the forums are required to have a licence to sell on the forum. You can do this by purchasing GOLD premium membership. 

 

 

[*tada*]

OK, presale from APMEX on their exclusive black label PCGS PR70 First Strike has started. Again they used step-up pricing to gauge monopoly prices (and one doesn't even get alerts because the stocks went poof so fast).

Initial batch: 3 coins @ $2795, gone in 2 minutes

Second batch: 5 coins @2995, gone in 5 minutes

I can't believe how popular this coin is, it is certainly very exciting. I'm guessing actual sale of PCGS PR70 FS special labels could go up to $3500 range. Incredible!

[davidle98664]

36 minutes ago, HelpingHands said:

@davidle98664

I googled your phone number and it suggests that you're a dealer.  What's the business name?

Also, if you want to advertise as an dealer on the forum please view the gold membership.

 

 

Oh, I apologize. I did not see the Gold Membership Program. I will look into that and get back to you. Thank you for letting me know. 

[*tada*]

17 minutes ago, *tada* said:

OK, presale from APMEX on their exclusive black label PCGS PR70 First Strike has started. Again they used step-up pricing to gauge monopoly prices (and one doesn't even get alerts because the stocks went poof so fast).

Initial batch: 3 coins @ $2795, gone in 2 minutes

Second batch: 5 coins @2995, gone in 5 minutes

I can't believe how popular this coin is, it is certainly very exciting. I'm guessing actual sale of PCGS PR70 FS special labels could go up to $3500 range. Incredible!

I strongly suggest those who obtained the raw one to check the coin and if in good quality, submit for grading.

Good profits to be made in a short time!

The US collectors are simply devoid of nice issues for a while and got way too excited for a beautiful coin like this lol

Also, please be mindful of dealer offers, right now it's easy to sell the raw coin for more even if they pay a $300+ premium. But if someone established is willing to pay you $600+ for raw and covers shipping, I'd say it's a great deal.

Long term wise the price may go down as this clearly is a lot of hype. But really it depends on demand and what the mint is gonna do next.

[DoubleCircle10]

I purchased one of these! I'm torn between just selling it outright or trying to get it graded and doing the longer flip. I think the value and hype factor will hold for roughly a year until they release the next edition. Definitely feels like trying to get it graded would be a bit of a gamble. Do you think if the coin were to get a 69 in grading that it would cover the grading costs when you go to sell it?   This is my first post on the silver forum, by the way! Happy to be part of the community! 😃

[*tada*]

1 minute ago, DoubleCircle10 said:

I purchased one of these! I'm torn between just selling it outright or trying to get it graded and doing the longer flip. I think the value and hype factor will hold for roughly a year until they release the next edition. Definitely feels like trying to get it graded would be a bit of a gamble. Do you think if the coin were to get a 69 in grading that it would cover the grading costs when you go to sell it?   This is my first post on the silver forum, by the way! Happy to be part of the community! 😃

For retail it's about $90 to grade PCGS with first strike label if you only submit one coin. PCGS is more expensive than NGC in grading but generally fetches a premium in US on these modern issues.

And I recon PF69 FS would at least bring $150 premium to whatever raw coin is traded at that time (probably can get at least $2000), where PR70 FS would sell for >=$3000. 70 grade through rate should be pretty high unless the mint screws up.