Business & Finance Investing & Financial Markets

Platinum Coin Proof Sets - Great For Collectors and Investors

Platinum coin proof sets are just one way, among several of collecting or investing in platinum.
Now platinum has earned its fame even in the precious metal business and investors.
There are lots of people who wants to invest in platinum aside from the typical silver and gold.
Some even invest in platinum bullion bars and platinum coin proof sets.
Coin proof sets are a set of coins that are only made for collectors and are not for general circulation.
They are popular in veteran and new coin collectors for they are affordable, readily available and they are also pleasing to the eye.
One of this platinum proofs is the American platinum proof set which was minted in 1997.
In the obverse side of the coin you can see the Lady Liberty which symbolizes faithfulness and vigilance towards duty.
And you can also see the words "In God We Trust" while on the reverse side you can see a male eagle.
The eagle platinum proof set ha s4 coins with a "W" mint mark on them which stands for West Point.
It means that they were minter there, platinum proof coin is minted only in a limited quantity for they requires a higher production cost because of the extra efforts for the labor in making a fine quality coin.
The price of platinum coins are higher than other coins, many people buy single coins one at a time to complete the whole set.
These coins are sold directly by the US mint or through authorized dealers only.
Many coin collectors new and veteran are waiting for the announcement of the US mint about the date of the coin sets.
Since platinum is one of the most expensive precious metal today most people are drawn to buy platinum proof set for investment.
Platinum coin proof set is also one of the expensive for it is rare and in demand lots of collectors are fighting to get it first.
Some people buy this for their collection while others buy this for investment which they can used in times of crisis.
And if you are looking for the old coin set you can still find them but don't be surprised if the price is higher than the current market price.
But before you invest in anything be sure that you are investing your money on the right investment so you won't end up losing them.
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