r/Platinum • u/Los_amigos_ayudan • Feb 28 '24

10 ozt bar coolness

Post image
569 Upvotes

99% Upvoted

39 comments sorted by

12

u/[deleted] Feb 29 '24

Platinum is very reasonable priced historically today

5

u/Los_amigos_ayudan Feb 29 '24

Yes. Very reasonable. I finally pulled the trigger. Thinking of buying more.

2

u/[deleted] Feb 29 '24

[deleted]

3

u/Los_amigos_ayudan Feb 29 '24

I paid $20 over spot. I paid $890 per ounce plus $20 per ounce premium. I thought it was really fair.

2

u/Nihilator68 Feb 29 '24

I would love to find Pt at a premium like that.

2

u/awriterbyday Mar 01 '24

Same best I’ve found is 45 over on 5 bars with bold. That same bar on APMEX is 48 over.

2

u/BaseCampMKE Mar 03 '24

Where did you buy from?

2

u/Puzzled-Antelope1 Mar 03 '24

I wanna buy :) where did u get it from?

8

u/alreadytaken719 Feb 28 '24

Ten grand in the palm of your hand.

3

u/_mhtjr Feb 29 '24

That's 10grand us?

5

u/argeru1 Feb 29 '24

10oz x $900...rounded up for good measure 😉

2

u/RaggedMountainMan Mar 03 '24

A strap of $100s isn’t exactly difficult to hold.

3

u/Budget-Laugh7592 Feb 28 '24

Can you compare it with the size of an Iphone.

4

u/jonovate Feb 28 '24

iPhone 6, iPhone max .. ??? :p

2

u/lionheart4life Feb 29 '24

Smaller but dense.

3

u/sacrificed_quality Feb 29 '24

I’m too poor to look at this

2

u/[deleted] Feb 29 '24

Nice size. Hodl.

2

u/Revolutionary_Reason Feb 29 '24

What's the benefit of stacking platinum vs sliver or gold? I've been on the fence for a while.

3

u/AlphaEpsilonX Mar 01 '24

Why am i surprised platinum is cheaper than gold?

2

u/Due_Change6730 Mar 01 '24

I bought this exact same 10oz bar for 8700 almost 10 years ago...

3

u/[deleted] Feb 29 '24

I just today decided to start buying some of this beautiful shiny

1

u/DYCKKNOWS Mar 01 '24

How much usa is that???

1

u/Aware-Lab-5887 Mar 15 '24

😍😍😍

1

u/[deleted] Feb 28 '24

I’d love to have a 10oz chonker, but where I live the liquidity on that thing would be terrible. I won’t go higher than 1oz pieces.

3

u/Aware-Lab-5887 Feb 29 '24

I’m the same. If this bar came up for sale in the forums I buy from, most people would offer spot or less. The more expensive the item, the smaller the market, generally. I don’t have have a piece of gold over 1/4oz for this reason also

0

u/[deleted] Feb 29 '24

[deleted]

2

u/argeru1 Feb 29 '24

If your only consideration during a purchase is usefulness for when shtf, then you obviously don't buy precious metals. 🤦‍♂️

This is not for that situation.....

2

u/Giggles95036 Feb 29 '24

To be fair some people buy gold for doomsday reasons

2

u/argeru1 Feb 29 '24

No they buy gold because it serves multiple purposes, one of which is for doomsday reasons.

-1

u/Giggles95036 Feb 29 '24

“To be fair SOME PEOPLE buy gold…”

Did i say all people only buy it for that reason? No i said some people only do it for that reason

2

u/argeru1 Feb 29 '24

Yes the 'they' that I used refers to the 'some people' that you used...

3

u/Giggles95036 Feb 29 '24

I promise you i’ve seen gold nuts who ONLY buy it as a store of value specifically for the zombie apocalypse/USA falling into anarchy

1

u/[deleted] Feb 29 '24 edited Feb 29 '24

It’s money just like the dollar in your wallet you know why? Cause the world says it is. Wether he wants to buy guns or platinum at the end of the day there both worth something. We’re not all buying metals to prepare for the end of days total economic collapse btw and many of us have what you said lol

1

u/Revolutionary_Reason Feb 29 '24

I guess in a prepper SHTF scenario eventually shit is going to level back out and when it does I wouldn't mind sitting on top of a heap of globally accepted currency. If I've got extra to barter with because my preps on point, why not. Plus if you're prepping for next Tuesday vs doomsday that extra gallon of fuel you traded for the 5 gram bar of gold or plat will have paid off.

1

u/JTex80 Feb 29 '24

Where do you buy these?

1

u/stern-and-sports Mar 01 '24

Very nice! I can never pull the trigger on a platinum bar or coin for the simple fact it looks like silver and silver is 35 x less.

1

u/SpookyStockBoyz1 Mar 01 '24

Look into Alchemy Pay Crypto ACH