How to Buy Palladium
Here are some useful tips on how to buy platinum.
First it is a good idea to understand a bit about Palladium. Palladium is one of the platinum family but a much softer metal to work than platinum and is less rare than gold or platinum. Consequently it is more favored by jeweler manufacturers
Palladium is a shiny and silver looking precious metal and goes well with various diamond and other gemstones as well as opals and pearls. Jewelers like it because it is easy to work and use in jewelery.
There are two basic types of palladium one can buy. Palladium coins and palladium bullion bars.
Many people like to buy palladium in the form of coins as some of them can be quite striking and beautiful.
In 1967, for example the South Pacific island nation of Tonga issued fine palladium general circulation coins to commemorate the coronation of King Taufa Ahau Tupou IV.
Since then a number of countries have issued palladium coins, including Australia, Canada, China, France, the Former Soviet Union, Russia, and Slovakia. Most of them are special commemorative coins. A list of all Palladium coins ever minted can be found www.rene-finn.de/English/palladiumtabeng.html.
During 1987 to 1990, Portugal issued palladium proof coins as part of a series with other metals. About the same time, in 1987, France issued a 100 Franc palladium bullion proof coin featuring the bust of Lafayette. It seems 1987 was a popular year for palladium bullion as the Isle of Man, an island kingdom in the Irish Sea, issued their palladium coin in commemoration of the bicentennial of the United States' Constitution and featuring Queen Elizabeth II on the obverse. On the reverse are 11 U.S. presidents encircling the Statue of Liberty.
Not to be overlooked, Russia has issued some limited palladium coins from 1989 to 1995. These were known as the ballerina series as the obverse would typically feature a ballerina striking a pose.
China struck its first palladium Pandas in 1989, but none have been produced since then until recently, when they minted 8,000 100 Yuan palladium coins featuring the lovely kissing pandas.
Australia also produced some palladium bullion coins in an "Emu" series from 1995 to 1997.
Platinum bullion bars are a better deal although you have to buy more palladium of course in one hit to take advantage of it. One kilo palladium bullion bars have a lesser premium but still have the same shipping, insurance and storage issues of course.
This is probably the simplest and easiest way to buy palladium. It incurs less expensive and less work and, when it comes down to how to buy palladium, beats other methods hands down.
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