Adding Platinum to Your Collection
Platinum may be rare, but platinum coin collectors are even rarer. Despite ultra-low mintages, Platinum American Eagles often trade at bullion value—yet 2025 market trends could change the game. With supply tightening and demand shifting, will platinum finally shine in the numismatic world?
If there is anything scarcer than platinum-composition U.S. coins, it’s the people who collect them. Yes, there are collectors out there, but just as with the First Spouse gold coins, there are so few collectors that many dealers buy and sell the coins at the same price regardless of the individual mintages.
Platinum is “the other white metal.” It has industrial uses. It is used in jewelry. It is used on occasion in coins. The mintages of some Platinum American Eagle coins are ridiculously low, but that hasn’t resulted in demand or prices as might be expected. In fact, many of the 1/10 PAE coins sell for a lower price in Proof than they do in Brilliant Uncirculated. There are, however, indications that platinum as bullion may rise in value during 2025.
The World Platinum Institute Investment Council (WPIC) forecasts a market deficit of 848,000 ounces due to low recycling rates and constrained mining supply. Platinum recovered from catalytic converters on automobiles is expected to rise to 1.5 million ounces, only 10,000 ounces higher than one year earlier. WPIC anticipates the total supply of platinum to fall by four percent to seven million ounces in 2025. No predictions here, but collectors might want to reconsider adding PAE bullion and commemorative coins to their collections.
While platinum U.S. coins aren’t necessarily being treated as rare, one of three known 1836 Gobrecht dollar restrikes, a Professional Coin Grading Service Proof 63 Cameo CAC, recently demonstrated what the opposite end of the market still does. The coin sold at auction for $192,000. Forty bids were received for the coin! Perhaps platinum coins are being treated as being not much better in price than their intrinsic value, but the opposite end of the market continues to surge ahead.
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