Palladium is one of the increasing popular precious metal choices in bars and coins, yet remains relatively unknown by the wider populace. Closely related to platinum, palladium is used by private and sovereign mints to strike everything from proof coins to bullion bars. Right now, the 10 oz Palladium Bar is available to purchase from JM Bullion in varied condition from any mint.
- Contains 10 Troy oz of .9995 pure palladium.
- Obverse and reverse designs vary.
- From various mints.
- Available in differing conditions.
The condition of the bars will vary based upon the availability of bars in our warehouse when your order is processed. We cannot guarantee the condition of the bars, or the specific designs, which vary based upon the mint of origin.
Palladium is a metal very similar in appearance to platinum. This should be no surprise when you learn that palladium is part of the platinum precious metals group along with platinum, rhodium, ruthenium, iridium, and osmium. Palladium shares many chemical properties with each of these metals, but is the least dense and has the lowest melting point of all metals from the group.
On the obverse and reverse of these 10 oz Palladium Bars you’ll find various designs. The specific designs depend upon the mint from which your bar originated, but examples include features such as PAMP Suisse’s popular Fortuna design range or Credit Suisse bullion bars which are great for investment.
Palladium is a rare precious metal that was first discovered in 1803 by William Hyde Wollaston. The metal was named after the asteroid Pallas, which itself was named after the Greek goddess of Athena. Palladium is in the platinum group of precious metals, but is the least dense of those metals and has the lowest melting point of any platinum group metal.
More than half the world’s supply of palladium is used in the production of catalytic converters in automobiles, which are used to convert harmful gases from auto exhaust into less-harmful substances. It is also popular in electronics, dental equipment, and fuel cells. The increasing value of palladium has driven an increase in demand for palladium bars.
If you have any questions, please don’t hesitate to ask. You can call JM Bullion customer service at 800-276-6508, chat with us live online, or send us an email with your inquiry. You can also visit our website for the current price of gold and silver.