How much is a platinum coin worth?

How much is a platinum coin worth?

Current Precious and Base Metal Bullion Spot Prices:

Type Description Melt Value
Type Description Melt Value
Quarter Ounce $25 American Platinum Eagle (1997-2008) $244.7526
Half Ounce $50 American Platinum Eagle (1997-2008) $489.5052
One Ounce $100 American Platinum Eagle (1997-Present) $979.0103

What coins have platinum in them?

San Diego collectors trust us for our extensive industry knowledge and high-quality service.

  • The American Platinum Eagle.
  • The Australian Platinum Koala.
  • The Canadian Maple Leaf.
  • The Chinese Platinum Panda.

How much is a 1 oz platinum coin worth?

$1,129.20

Quantity Premium/Oz Total Price Each
1 – 9 $164.00 $1,149.20
10 – 24 $154.00 $1,139.20
25 – 50 $144.00 $1,129.20
51+ Call for discount

Are platinum coins rare?

Platinum bars and coins are very popular with precious metals investors. Platinum is considerably rarer than gold. In fact, it is considered the rarest metal of all! 9995 pure platinum and legal tender of the United States.

How can you tell if a coin is platinum?

Look for the words “Platinum,” “PLAT,” or “PT” followed or preceded by the numbers “950” or “999.” These numbers refer to the purity of the platinum, with “999” as the most pure. For example, an authentic piece of platinum jewelry might have a stamp reading “PLAT999.”

Is it easy to sell platinum?

How to sell platinum in 2 easy steps. Just as you might sell gold or silver, you can sell platinum in a number of ways. The most common of these is to bring your silver to a pawn shop, a metals exchange, consignment shop, a local jeweler, or by using an online website.

Is platinum coin a good investment?

Platinum offers a unique investment opportunity, with strong merits to consider: Platinum’s precious underpin offers a low-risk entry for investors looking to buy into this investment asset. Platinum has a low correlation to the performance of traditional assets and performs well during periods of economic recovery.

Why is platinum so expensive?

The main reason for this is that precious metals are priced by weight, and platinum is much denser than gold, meaning it will be heavier. Another reason why platinum rings are more valuable than gold is because the metal is much rarer.

Does platinum stick to a magnet?

The mineral platinum is certainly attracted to a magnet, with few exceptions.

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