Johnson Matthey Platinum Today
World's first-ever rhodium bullion coin arrives 21st May 2009
Rhodium bullion coins are set to hit the market for the first time ever in the next few
weeks, according to a new report published yesterday...
World's first-ever rhodium bullion coin arrives 21st May 2009
Rhodium bullion coins are set to hit the market for the first time ever in the next few
weeks, according to a new report published yesterday...
Commodity Online
Move over gold coins! Rhodium bullion coins are here
Rhodium bullion coins are set to hit the market for the first time ever in the next few
weeks, according to a report...
Move over gold coins! Rhodium bullion coins are here
Rhodium bullion coins are set to hit the market for the first time ever in the next few
weeks, according to a report...
Metals Place
Unique precious metal coins: Pure .999 fine rhodium metal coin
The coin shown in this photograph is composed of absolutely pure investment grade
.999 fine rhodium...
Unique precious metal coins: Pure .999 fine rhodium metal coin
The coin shown in this photograph is composed of absolutely pure investment grade
.999 fine rhodium...
A sampling of the latest media coverage:
The Cohen Mint Guarantee:
We at the Cohen Mint work very hard to bring you a world class product
that is priced as low as absolutely possible.
What separates us from nearly every other precious metal mint is we are
the nation's only direct manufacturer - to - consumer company. If you buy
precious metals anywhere else chances are you are buying them from a
middle man, and you know what that means... You're paying too much.
Since there is no middle man between you and us, we are able to sell
bullion to you at prices only large dealers see. Nearly all other
manufacturers do not sell to the public, they don't want to deal with your
questions, your phone calls, they don't talk to anyone.
We are the total opposite. We welcome phone calls, emails, we love to
hear from you. We love answering your questions, and we definitely love
spending time talking about the precious metals markets and coins.
If you want to call and ask a question we will never make you feel like you
are wasting our time. Its our pleasure to talk to you. Really.
We fully guarantee the authenticity of every single product we sell. We
fully and unconditionally guarantee that every single product we sell will
assay exactly to the weight and composition as it is advertised. We
guarantee that we will never play word games, use tricky advertising, or try
and tell you any kind of B.S. - ever. We speak plainly and we deliver what
we promise. Every time. For less than anyone else.
Thats the Cohen Mint difference. Once you're our customer, you're always
our customer.
We at the Cohen Mint work very hard to bring you a world class product
that is priced as low as absolutely possible.
What separates us from nearly every other precious metal mint is we are
the nation's only direct manufacturer - to - consumer company. If you buy
precious metals anywhere else chances are you are buying them from a
middle man, and you know what that means... You're paying too much.
Since there is no middle man between you and us, we are able to sell
bullion to you at prices only large dealers see. Nearly all other
manufacturers do not sell to the public, they don't want to deal with your
questions, your phone calls, they don't talk to anyone.
We are the total opposite. We welcome phone calls, emails, we love to
hear from you. We love answering your questions, and we definitely love
spending time talking about the precious metals markets and coins.
If you want to call and ask a question we will never make you feel like you
are wasting our time. Its our pleasure to talk to you. Really.
We fully guarantee the authenticity of every single product we sell. We
fully and unconditionally guarantee that every single product we sell will
assay exactly to the weight and composition as it is advertised. We
guarantee that we will never play word games, use tricky advertising, or try
and tell you any kind of B.S. - ever. We speak plainly and we deliver what
we promise. Every time. For less than anyone else.
Thats the Cohen Mint difference. Once you're our customer, you're always
our customer.
Information about Rhodium, and Frequently asked Questions / Comments
Q: What is the big deal about Rhodium, I've never even heard
of it.
A: If this describes you, don't feel silly. Its our number one question, and
we've gotten quite good at answering it!
Rhodium has typically been the most precious metal, its very valuable, its
very rare, and it has such an important place in human society that only
back in 2008 it was trading at over $10,000 an ounce.
It is one of six platinum group metals, or PGM's, which means that in
nature it is found together with platinum, and has some similar properties.
The metals are also grouped together on the periodic table. The Platinum
Group Metals are:
1. Platinum
2. Palladium
3. Rhodium
4. Ruthenium
5. Iridium
6. Osmium
You've definitely heard of number one and two on this list, maybe the
fourth if you're in the jewelry business. Consider yourself financially savvy
if you've heard of Rhodium.
Rhodium plays a crucial role in modern industry as an irreplaceable
catalyst along with the other platinum group metals. What this means is
that your car's catalytic converter has rhodium in it, (you probably already
knew it had platinum), factories that produce emissions (don't they all?)
use the metal as a catalyst to clean the smoke before it exits the stack.
Coal plants, electric plants, manufacturing facilities, industrial parks,
countless companies depend on Rhodium to stay up to date with
environmental regulations. As those regulations get more strict the
demand for this valuable metal will only get heavier.
During the 2008 - 2009 economic recession, the price of Rhodium, along
with the price of stocks, crude oil and many other important commodities
fell, as slowing economic activity lessened demand. As a result this metal
is trading at prices not seen in many years. People are buying Rhodium
because they know that once economic activity picks up again, however
soon that may be, the price of stocks, of crude oil, and Rhodium will go up
again.
Q: No one has ever made a Rhodium coin before? Is that
because no one would have wanted to buy one?
Why is your company the first to make Rhodium coins, why
hasn't it been done before?
A: There are several factors that have come together that have kept a
pure Rhodium coin off the market up till now.
The first is the time we live in. Although Rhodium has always been
valuable, only in the last decade has its price really broken records, and
the level it reached in 2008 astonished even the most jaded metals
traders. Its getting to be more and more important to society as time goes
on. As emissions standards become stricter, the need for this metal to
reduce dangerous gases will increase.
It is already incredibly rare, and as industrial demand increases,
speculation will tend to magnify value on the open commodities markets.
Only a few years ago did we see the appearance of Rhodium investment
pools, which are ways to buy paper shares in rhodium and bet on the
price moves. People are getting interested, those who are in the know.
So we see a trend forming where over time there is a gradual increase in
price, and a gradual interest in investors.
The problem is that to invest in the metal has up till now meant buying
paper shares in a pool, which was backed up by who knows what. It was
very opaque and not many people understood it, including those who
plunked down thousands of dollars for paper certificates.
Rhodium is a strange, exotic metal, with properties unlike more common
precious and coin metals such as gold, silver, and copper.
With these more common metals, if you apply force to them they will give
and flow, a property called "ductility". They will bend, they will allow
themselves to be rolled into sheets, to be stamped with designs, they're
perfect coinage metals.
Not Rhodium. Rhodium is very hard, its brittle, and its a nightmare to work
with. Its not easily processed into a sheet. Its nearly impossible to punch
blank disks once you do manage to make the sheet because the metal
just wants to snap and flake. This is to say nothing of striking designs on
the blanks if you can get them to come out right. Its a hard, stiff material
closer to the consistency of really hard glass than any metal we're used to
holding in our hands.
To illustrate this point, we took one of our pure Rhodium coins and we put
it into our vice and proceeded to bend it. If we had a quarter, a penny or
any other coin, it would just bend and thats it. All common metals behave
that way. Here's what happened to the Rhodium coin:
It didn't bend, not even a little. It just snapped, like we knew it would. The
grips of the vice - didn't even cause dents where force was applied.
Mostly this picture is up to satisfy the curiosity of our customers, as I know
some of you would have otherwise been tempted to do this experiment
yourselves, and thereby ruining a perfectly good coin.
So there we have our answer as to why this hasn't been done before we
did it: The price only in recent years has gone up very high, and all along
it was a horrible substance to try and make coins out of, discouraging
everyone from trying.
In terms of demand, its incredible. We have sold such a number of these
coins that as soon as they were offered they quickly shot up to be our
number one product. People who understand what Rhodium is want it, and
they want a lot of it.
As to how we managed to do it, when all others who tried failed? Well,
thats a little bit of a company secret.
Q: How long will it take me to recieve my rhodium coins after
ordering it?
A: Normal delivery time is approximately 3 weeks. Once your order comes
in it is processed and placed in line for production. We actually
manufacture the coins you order specifically for you, as we cannot keep
any in stock. Demand is extremely high and as fast as we can mint them
they get sold out. Once your allocated coins are manufactured they are
packaged and shipped to you. You are welcome to call and check on the
status of your order, but please keep this time frame in mind.
Q: I read the quotation for the spot price of Rhodium on
Kitco's website and it appears to me that you are charging
somewhat more than the spot price. Why is that?
A: This is a common one. Yes, its true that Kitco publishes a daily
quotation for Rhodium, it is an approximate quotation, and what is printed
below near the bottom of the page is what many people miss.
"Fabrication costs for various precious metals products are not included"
Being incredibly difficult to work with (see above) and being that a wholly
new manufacturing process had to be created to make coins out of
Rhodium the fabrication charges are quite high. We try and price our
product as low as we can, and we do absorb as much of our own cost as
possible when you buy in bulk. It really is a pain in the tush to manufacture.
Q: Can I buy these in bulk and resell them? Do you offer
heavier discounts when buying more than 100 pieces?
A: Of course you can resell them. Once they are in your hands, they are
your property to do with as you wish. This is America, after all.
As for price breaks on quantities greater than 100, we've gotten quite a
number of inquiries, please contact us via phone or email to discuss your
needs. We have filled very large orders. Our supply of pure raw material is
robust.
Q: Do you offer pure Rhodium in any other sizes / weights?
A: Currently the One Gram Pure Rhodium Bullion Coin is our only pure
Rhodium item in stock. However, we are going to be producing other,
larger weights in the near future. Check back often and as soon as we
have it, you'll know about it.
Q: Is Rhodium radioactive?
A: This is a common misconception.
It is not radioactive, not even a little.
It would be insanity to make a coin out of a radioactive metal. You can
touch them with your bare hands, you can let your kids see them. Its just
as safe to be around as gold, silver or platinum. In other words, its
completely benign.
Its also not poisonous. Most sterling silver jewelry is coated with an atom
thick layer of rhodium to preserve its luster. Almost everyone reading this
website has probably already touched Rhodium at some point in their life
and not even known it.
Q: I've read that Rhodium is very fragile. Will this coin break if
I touch it?
A: This is another common question.
We sell our rhodium coins sealed in a protective coin slab to help
guarantee authenticity, as well as to provide protection to the coin. Yes,
Rhodium is considered brittle, and somewhat fragile.
That being said, we've taken our raw unencapsulated coins and dropped
them on the floor (on purpose), dropped small objects on them, and
otherwise handled them. We even walked around with one loose in our
pocket along with ordinary change for a few days to see what would
happen.
Being a tough, hard metal, there was really no sign of any damage or
wear. Dropping the coin on the desk or the floor produced a ting sound
and not much else. No dents, and the thing didn't disintegrate. We really
couldn't scratch it during our normal handling tests.
Had we treated a pure gold coin of the same size and weight the same
way I can certainly tell you marks would be visible all over.
The snapped coin shown above did not take a tremendous amount of
force to produce, but I don't think most people would be able to do that
between their fingers.
My advice: keep it in the coin holder it comes in, and treat it respectfully.
Should you be so inclined to break it out of the holder, respect it as a
carefully manufactured item of substantial worth and rarity.
Q: What is the big deal about Rhodium, I've never even heard
of it.
A: If this describes you, don't feel silly. Its our number one question, and
we've gotten quite good at answering it!
Rhodium has typically been the most precious metal, its very valuable, its
very rare, and it has such an important place in human society that only
back in 2008 it was trading at over $10,000 an ounce.
It is one of six platinum group metals, or PGM's, which means that in
nature it is found together with platinum, and has some similar properties.
The metals are also grouped together on the periodic table. The Platinum
Group Metals are:
1. Platinum
2. Palladium
3. Rhodium
4. Ruthenium
5. Iridium
6. Osmium
You've definitely heard of number one and two on this list, maybe the
fourth if you're in the jewelry business. Consider yourself financially savvy
if you've heard of Rhodium.
Rhodium plays a crucial role in modern industry as an irreplaceable
catalyst along with the other platinum group metals. What this means is
that your car's catalytic converter has rhodium in it, (you probably already
knew it had platinum), factories that produce emissions (don't they all?)
use the metal as a catalyst to clean the smoke before it exits the stack.
Coal plants, electric plants, manufacturing facilities, industrial parks,
countless companies depend on Rhodium to stay up to date with
environmental regulations. As those regulations get more strict the
demand for this valuable metal will only get heavier.
During the 2008 - 2009 economic recession, the price of Rhodium, along
with the price of stocks, crude oil and many other important commodities
fell, as slowing economic activity lessened demand. As a result this metal
is trading at prices not seen in many years. People are buying Rhodium
because they know that once economic activity picks up again, however
soon that may be, the price of stocks, of crude oil, and Rhodium will go up
again.
Q: No one has ever made a Rhodium coin before? Is that
because no one would have wanted to buy one?
Why is your company the first to make Rhodium coins, why
hasn't it been done before?
A: There are several factors that have come together that have kept a
pure Rhodium coin off the market up till now.
The first is the time we live in. Although Rhodium has always been
valuable, only in the last decade has its price really broken records, and
the level it reached in 2008 astonished even the most jaded metals
traders. Its getting to be more and more important to society as time goes
on. As emissions standards become stricter, the need for this metal to
reduce dangerous gases will increase.
It is already incredibly rare, and as industrial demand increases,
speculation will tend to magnify value on the open commodities markets.
Only a few years ago did we see the appearance of Rhodium investment
pools, which are ways to buy paper shares in rhodium and bet on the
price moves. People are getting interested, those who are in the know.
So we see a trend forming where over time there is a gradual increase in
price, and a gradual interest in investors.
The problem is that to invest in the metal has up till now meant buying
paper shares in a pool, which was backed up by who knows what. It was
very opaque and not many people understood it, including those who
plunked down thousands of dollars for paper certificates.
Rhodium is a strange, exotic metal, with properties unlike more common
precious and coin metals such as gold, silver, and copper.
With these more common metals, if you apply force to them they will give
and flow, a property called "ductility". They will bend, they will allow
themselves to be rolled into sheets, to be stamped with designs, they're
perfect coinage metals.
Not Rhodium. Rhodium is very hard, its brittle, and its a nightmare to work
with. Its not easily processed into a sheet. Its nearly impossible to punch
blank disks once you do manage to make the sheet because the metal
just wants to snap and flake. This is to say nothing of striking designs on
the blanks if you can get them to come out right. Its a hard, stiff material
closer to the consistency of really hard glass than any metal we're used to
holding in our hands.
To illustrate this point, we took one of our pure Rhodium coins and we put
it into our vice and proceeded to bend it. If we had a quarter, a penny or
any other coin, it would just bend and thats it. All common metals behave
that way. Here's what happened to the Rhodium coin:
It didn't bend, not even a little. It just snapped, like we knew it would. The
grips of the vice - didn't even cause dents where force was applied.
Mostly this picture is up to satisfy the curiosity of our customers, as I know
some of you would have otherwise been tempted to do this experiment
yourselves, and thereby ruining a perfectly good coin.
So there we have our answer as to why this hasn't been done before we
did it: The price only in recent years has gone up very high, and all along
it was a horrible substance to try and make coins out of, discouraging
everyone from trying.
In terms of demand, its incredible. We have sold such a number of these
coins that as soon as they were offered they quickly shot up to be our
number one product. People who understand what Rhodium is want it, and
they want a lot of it.
As to how we managed to do it, when all others who tried failed? Well,
thats a little bit of a company secret.
Q: How long will it take me to recieve my rhodium coins after
ordering it?
A: Normal delivery time is approximately 3 weeks. Once your order comes
in it is processed and placed in line for production. We actually
manufacture the coins you order specifically for you, as we cannot keep
any in stock. Demand is extremely high and as fast as we can mint them
they get sold out. Once your allocated coins are manufactured they are
packaged and shipped to you. You are welcome to call and check on the
status of your order, but please keep this time frame in mind.
Q: I read the quotation for the spot price of Rhodium on
Kitco's website and it appears to me that you are charging
somewhat more than the spot price. Why is that?
A: This is a common one. Yes, its true that Kitco publishes a daily
quotation for Rhodium, it is an approximate quotation, and what is printed
below near the bottom of the page is what many people miss.
"Fabrication costs for various precious metals products are not included"
Being incredibly difficult to work with (see above) and being that a wholly
new manufacturing process had to be created to make coins out of
Rhodium the fabrication charges are quite high. We try and price our
product as low as we can, and we do absorb as much of our own cost as
possible when you buy in bulk. It really is a pain in the tush to manufacture.
Q: Can I buy these in bulk and resell them? Do you offer
heavier discounts when buying more than 100 pieces?
A: Of course you can resell them. Once they are in your hands, they are
your property to do with as you wish. This is America, after all.
As for price breaks on quantities greater than 100, we've gotten quite a
number of inquiries, please contact us via phone or email to discuss your
needs. We have filled very large orders. Our supply of pure raw material is
robust.
Q: Do you offer pure Rhodium in any other sizes / weights?
A: Currently the One Gram Pure Rhodium Bullion Coin is our only pure
Rhodium item in stock. However, we are going to be producing other,
larger weights in the near future. Check back often and as soon as we
have it, you'll know about it.
Q: Is Rhodium radioactive?
A: This is a common misconception.
It is not radioactive, not even a little.
It would be insanity to make a coin out of a radioactive metal. You can
touch them with your bare hands, you can let your kids see them. Its just
as safe to be around as gold, silver or platinum. In other words, its
completely benign.
Its also not poisonous. Most sterling silver jewelry is coated with an atom
thick layer of rhodium to preserve its luster. Almost everyone reading this
website has probably already touched Rhodium at some point in their life
and not even known it.
Q: I've read that Rhodium is very fragile. Will this coin break if
I touch it?
A: This is another common question.
We sell our rhodium coins sealed in a protective coin slab to help
guarantee authenticity, as well as to provide protection to the coin. Yes,
Rhodium is considered brittle, and somewhat fragile.
That being said, we've taken our raw unencapsulated coins and dropped
them on the floor (on purpose), dropped small objects on them, and
otherwise handled them. We even walked around with one loose in our
pocket along with ordinary change for a few days to see what would
happen.
Being a tough, hard metal, there was really no sign of any damage or
wear. Dropping the coin on the desk or the floor produced a ting sound
and not much else. No dents, and the thing didn't disintegrate. We really
couldn't scratch it during our normal handling tests.
Had we treated a pure gold coin of the same size and weight the same
way I can certainly tell you marks would be visible all over.
The snapped coin shown above did not take a tremendous amount of
force to produce, but I don't think most people would be able to do that
between their fingers.
My advice: keep it in the coin holder it comes in, and treat it respectfully.
Should you be so inclined to break it out of the holder, respect it as a
carefully manufactured item of substantial worth and rarity.
| THE GLOBAL LEADER IN PHYSICAL DELIVERY PURE RHODIUM INVESTMENT COINS / BARS |
| 1-800-430-1452 email: makinghistory@rhodiumcoin.com |
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