Who Buys Platinum Near Me
Whether you are selling jewelry, coins, scrap or other platinum pieces, this post will cover how to sell platinum, including jewelry, coins, or scrap. We also explain the value and price of platinum.
who buys platinum near me
When you're selling a platinum ring or other piece of jewelry, you should first determine how much your platinum is worth based on the the current price of platinum, then get multiple offers from reputable buyers.
For example, you can remove the catalytic converter under any old cars you have access to and sell it as-is for its scrap platinum. And you can sell broken jewelry, ring settings and other platinum jewelry scrap.
Our top recommendation for selling platinum jewelry online, coins or scrap is CashforGoldUSA, which offers free, trackable and insured FedEx shipping, payment within 24 hours, and an A+ rating with the Better Business Bureau.
If your platinum is part of a piece of jewelry, such as your engagement ring, then the stone may be worth more than the platinum, which would typically be melted down for scrap and bring separate prices from the same buyer.
CashforGoldUSA and its sister site Diamonds USA accept all forms of platinum including platinum jewelry, platinum bars, platinum coins, platinum crucibles, platinum wire, and all forms of overstock material containing platinum.
As you probably are aware, some platinum coins are common, and are bought and sold as just platinum bullion. We buy Platinum American Eagles and pay as much as anyone in America for them. Send us your lists.
The rising demand for platinum has more to do with its wider use. While gold and silver remain exclusively used in industries such as jewelry and small technology products, platinum is used catalytic convertors for automobile engines, dental equipment, lab equipment, electrical contacts and even electrodes. JM Bullion is proud to carry a variety of platinum coins and bars available for purchase online today.
American Platinum Eagle coins debuted in 1997, with authorization from the United States Congress and the backing of the United States Mint for its weight and content. All American Platinum Eagle coins feature .9995 pure platinum content and 1 oz coins have a face value of $100 (USD), which at the time of introduction was the highest face value on any American coin.
The Proof American Platinum Eagle coin typically has an extremely low mintage. In recent years, the mintage for the coin has been held under 10,000 annually. However, rising precious metal prices and increased demand for gold, silver, and platinum have pushed demand for American Platinum Eagles higher. After striking just 4,000 coins in 2015, the 2016 Proof American Platinum Eagle had a mintage of 10,000 coins.
Canadian Platinum Maple Leaf coins were introduced in 1988 alongside the Canadian Silver Maple Leaf coin. Originally these coins were available in a 1 oz weight and multiple fractional weights. However, that original production run lasted from 1988 to 2001 before an 8-year hiatus. When the coin series returned in platinum in 2009, only the 1 oz coin was made available.
The Austrian Mint released the first Austrian Philharmonic coin in 1989 with the gold version, which stood alone in various weights for nearly two decades until the 2008 release of the silver version of the coin. Today, based upon sales figures, the Austrian Silver Philharmonic is widely regarded as the most popular coin in continental Europe.
In 2016, the Austrian Mint expanded the program to include the Austrian Platinum Philharmonic Coin. With the release of this coin, the Austrian Mint marked the introduction of a platinum bullion coin for the first time in its 800-year history.
Australia was the first major, industrialized nation in the world to announce the annual production of 1 oz platinum coins for sale to investors. The striking of platinum coins was approved on June 18, 1987.
Building on the success of that series and the overall popularity of the design, the Perth Mint introduced the first-ever Australian Platinum Kangaroo in 2018. The platinum bullion coins are available with 1 Troy oz of .9995 pure platinum content and a face value of $100 (AUD) backed by the federal government of Australia.
For 2016, the Bavarian State Mint has introduced yet another version of this increasingly popular coin. The all-new Somalian Platinum Elephant brings new variety to the program with a .9995 pure platinum coin, highlighting the value of platinum in bullion and proof coin programs.
Other producers of platinum bars include Baird Mint and Engelhard. The Baird & Co. mint was founded in 1967 as a dealer of numismatic gold coins. Today, it deals in both investment coins and its own bullion bars, and is listed as a member of the London Bullion Market Association.
TrueCar has 1,562 new Ford F-150 Platinum models for sale nationwide, including a Ford F-150 Platinum SuperCrew 5.5' Box 4WD and a Ford F-150 Platinum SuperCrew 5.5' Box 2WD. Prices for a new Ford F-150 Platinum currently range from $65,915 to $103,707. Find new Ford F-150 Platinum inventory at a TrueCar Certified Dealership near you by entering your zip code and seeing the best matches in your area.
Melting a gold bar requires a temperature of 1,947.2F. In contrast, a platinum bar will not melt until it reaches 3,214.4F, 65% higher than gold. This makes platinum a preferred metal in many industries that require this resilience.
AU Precious Metals accepts platinum scrap and used industrial materials, such as thermocouple wires, crucibles, platinum flake, and platinum sponges. Only specific types of thermocouple wires contain platinum: Types B, R, and S (platinum-rhodium alloys), Type P (Platinel II alloy), platinum-palladium, and gold-platinum.
Bring your scrap gold, silver, or platinum to San Jose Coin Shop. We buy any amount of these precious metals, from one gram on up, in nearly any form and condition. Our owner is a trusted gold buyer with over 40 years of experience. Having worked with thousands of satisfied clients over the years, he's become known throughout San Jose, Santa Clara, Milpitas, Santa Cruz, Morgan Hill, and other nearby areas for his accurate appraisals, honest business practices, integrity, and fair prices.
If you have an outdated piece of jewelry, a broken watch, or a few pieces of sterling silver flatware, bring it in for a straightforward value assessment. As a lifetime member of the American Numismatic Association and an Authorized Dealer for the Professional Coin Grading Service, we are committed to using the industry's best practices for grading and appraisals. On-site verbal appraisals are always free if you are interested in finding out the value of your scrap gold, silver, or platinum. If you decide to sell your item(s), we will provide a written, detailed receipt of the sale and issue payment immediately.
Though we are happy to discuss your scrap gold, silver, and platinum items over the phone, the best way to receive an accurate appraisal is to visit our shop in San Jose. No appointment is necessary to speak to one of our helpful and qualified staff.
We are proud to be a family-owned business with more than 70 years of combined experience in the industry, so it is safe to say that we know what we are doing when we buy platinum and other metals. Stop by or contact us today to learn more about how to get top dollar for your valuables.
We give you the fastest platinum price updates online, with live data processed about every 10 seconds. There is no need to refresh your browser. This chart also gives you up to 20 years of historical data, so you can see the long-term trend in platinum pricing. Live and historic data is available in seven different currencies.
The Daily Price of platinum is determined by London's biggest bullion banks, who agree on a price to clear their outstanding client and inhouse orders at a fixed time each day. The London Bullion Market Association publishes this price on its website.
The price is determined on UK working weekdays at 2pm London time for platinum (2pm for palladium, 3pm for gold, mid-day for silver). The prices are made public at midnight. Orders are processed shortly after the price is determined using a provisional, estimated price, and then adjusted to the published price on the following working day. Place your order for platinum by 1:35pm to secure the daily price shown (1:35pm for palladium, 2:35pm for gold, 11:40am for silver).
The actual platinum bullion and cash normally take two working days to settle to your account. For a purchase, your funds stay in your account and are reserved until the bullion is settled. Likewise, for a sale, the bullion you are selling is reserved in your account until you receive the cash, typically after two working days.
Articles exploring platinum prices and their relationship with the financial markets are published on BullionVault's Gold News each day. Additionally, once you open a BullionVault account, you can opt-in to receive the Weekly Market Update. This weekly email explores and discusses current movements in gold, silver, palladium and platinum prices and the reasons behind them.
The price of platinum can change by the second, led by investment supply and demand as well as by changes in other markets (commodities, stocks or bonds) and also the currency that the investor wishes to use to buy their platinum.
Historically, the prices of platinum and gold have adopted similar market trends, with platinum typically holding a greater price. However, since the Volkswagen diesel scandal in 2015, platinum's price has trailed that of gold.
Platinum is a rare, valuable metal that's used in things like jewelry, electronics, automobiles, and machinery. Because platinum is so rare, many people are willing to pay for old scrap platinum so they can recycle and reuse it. Finding scrap platinum to sell isn't easy, but if you know what you're looking for, you may discover that you have access to some. Once you've found some scrap platinum, you can start shopping around for potential buyers. 041b061a72