Quick update for those interested in the new Palladium Bullion Coin that was sold to authorized purchasers on Monday.
If you want to find an authorized seller, the U.S. Mint has a web page to let you find one based on your location.
Rather than using the images that were reviewed by the Citizens Coinage Advisory Committee, the U.S. Mint also posted full-sized color pictures of the coins.
A quick check of online auctions shows that the American Palladium Eagle coin is averaging $1,100 per coin when buying one graded and encapsulated coin or $1,080 when buying an ungraded coin. Multiple coin lots are averaging between $1,070 and $1,080 each.
As I type this, the current price of palladium is $928.73. Dealers are paying 6.25 percent over the spot price (approximately $986.79) plus shipping costs. Graded coins also incur fees paid to the third-party grading service.