Atlanta Gold & Coin Buyers provides some of the most competitive industry rates for platinum. Explore the benefits of buying and selling platinum bullion, rounds, coins, and bars, then learn more about our transparent, honest process for trading precious metals.
Platinum Bullion Dealers
Many collectors who focus on gold and silver may want to consider branching out into platinum bullion because of the precious metal’s rarity and value. Platinum not only also has growing market demand because of potential uses in new industrial processes and equipment, but it is also rarer than gold and silver.
How to Sell Your Platinum Bullion
While gold has been grabbing all of the headlines as of late, the price of platinum is also on the upswing. It tends to be more volatile than gold and silver due to its wide use as an industrial metal but is gaining momentum as an investment metal. Find out more about platinum bullion and how to receive the most for your platinum items.
Spot Price of Platinum
The spot price of platinum provides the price of platinum per troy ounce, which is 31.1 grams as opposed to 28 grams. It trades from 6:00 p.m. ET on Sunday through 5:00 p.m. ET on Friday, with the exception of 5:00 p.m. ET to 6:00 p.m. ET. While the price of platinum trades after hours, most platinum coin and bullion dealers only trade while the market is actively open during the week from 9:00 a.m. ET to 5:00 p.m. ET.
Producers of Platinum Bullion
There are fewer producers of platinum bullion than gold bullion. That being said, the most recognized producers of platinum bullion are Pamp Suisse, Credit Suisse, Valcambi, and Heraeus. The most popular size is 1 oz, but fractional sizes of platinum bars are also available. Sealed platinum bars with assay cards are preferable to raw bars, as there’s less concern regarding the authenticity of the bars.
Value of Platinum Bullion
The most common form of platinum bullion is platinum bars. Sealed 1 oz platinum bars with an assay card from one of the above producers trade at a higher rate than raw, fractional, or off-brand producers. When selling platinum bars, you can expect to receive a rate slightly below the spot price of platinum. When buying platinum bars, you will pay a premium above the spot price. The difference between the buy and sell rate is the dealer’s commission or fee.
Compare the buying rates of platinum coin and bullion dealers before selling your items. Most dealers are hesitant to post their buying rates online or provide a quote over the phone. They may first insist on an in-person evaluation. We believe in being transparent and are always happy to provide price quotes over the phone or online.
Connect With Atlanta Gold & Coin Buyers
For trustworthy information about trading platinum, you can rely on Atlanta Gold & Coin Buyers. Call 404-236-9744 or contact us online now for your free, no-obligation evaluation and quote. You can also complete our online form to request an appraisal.