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Tuesday
6 January 2009

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Are 2008-W Uncirculated Platinum Eagles Overpriced, or Simply a Good Buy? - Coin News

The United States Mint is selling collector 2008 American Eagle platinum uncirculated coins with the “W” mintmark at significant premiums over their bullion content. But factors such as mintage totals are worthy of scrutiny before completely dismissing the coins as overpriced.

The US Mint offers one-ounce 2008-W American Eagle platinum uncirculated coins for $1,214.95, which is $372 higher than Tuesday’s New York closing spot platinum price of $843 an ounce. The difference is an unpalatable deterrent for making a purchase, which is further complicated given the still volatile commodity market.

Read article: Are 2008-W Uncirculated Platinum Eagles Overpriced, or Simply a Good Buy? - Coin News

Filed in: CoinNews, U.S. Coins, United States Mint

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