Investors snap up platinum coins minted in SA featuring elephant
The premium that coin purchasers typically pay above spot prices has widened as demand surged in March and April
Johannesburg/London — Investors seeking a haven from the economic turmoil created by the coronavirus pandemic are snapping up platinum coins engraved with African wildlife.
More than 2,000 coins featuring an elephant sold out to US and Asian investors after being minted in March, according to Prestige Bullion. More will be produced once SA’s virus lockdown is lifted, said MD Richard Collocott...