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Updated 18:50 25/02/20

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U.S. Mint to sell platinum coins again


Duncan Richardson, News Editor
6 Mar 2014, 10:48 a.m.

The U.S. mint has confirmed they will resume selling their 1oz platinum coin from March 10th as investor’s interest in platinum returns.

1,000 coins have already been sold to eager retailers looking to stock the product. The mint previously halted sales in 2008 after the price spot dropped from $2,300 to $730, as demand fell off a cliff during the height of the financial crisis.

Platinum is primarily used in the manufacturer of catalytic convertors and the price has strengthened alongside improving car sales in North America and Asia.

View original source at: www.mineweb.com

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