platinum coin price

Its chemical stability makes it excellent for industrial applications, and its resistance to tarnishing and wear make it a popular choice when crafting jewelry. The price for any Platinum product is the spot price plus a premium, which is added by all dealers to cover their overhead. Platinum American Eagle Coin. Show. APMEX has been on that shortlist since 2014 and is in such good company as Deutsche Bank, Scotia Bank and Fidelitrade, to name a few. The Platinum Panda Coin Prices page offers unique insight into this interesting series. CREX24 is the current most active market trading it. The spot price of Platinum is always higher than the bid price (what dealers pay for Platinum per ounce) and always lower than the ask price (what you will pay a dealer for Platinum per ounce). Your Online Trusted Store for buying Platinum Gold and Silver Coin Bar at LIVE Price Rate in India. Platinum. Produced in the U.S.A. by the U.S. Mint, U.S. Not all investors are aware that Kitco allows you sell platinum online, with complete security and peace of mind. The Canadian Platinum Maple; The other way of investing in platinum is by buying Canadian Maples. There are five main precious metals openly traded on various exchanges, platinum has the second smallest futures market. Weekdays from 6:00 PM NY time until midnight the previous close is from the current day. CAD. 1 gram Platinum Bar PAMP Suisse Lady Fortuna .9995 Fine (In Assay) ALERT ME! You can track your Precious Metals holdings, be alerted to spot price movements, request notifications on products that are out of stock and more. Reserve currencies are used to settle international transactions. These platinum coins are struck using 0.9995 pure platinum. PLAT price is down -7.9% in the last 24 hours. The prices listed in the PCGS Price Guide are average dealer asking prices for PCGS-graded coins. Along with being a precious metal, platinum is part of a unique subcategory referred to as Platinum Group Metals (PGM). Free shipping on many items | Browse your favorite brands | affordable prices. The LBMA is responsible for setting the benchmark prices for gold and silver as well as platinum and palladium. This is the change in the price of the metals from the price at the end of the previous trading session. We use the last quote at 5:00 PM as the close of that given day. One troy ounce of platinum is the same around the world and for larger transaction are usually priced in U.S. dollars as that is the most active market; however, the value of an ounce of platinum can be higher or lower based on the value of a nation’s currency. Tell us your Platinum target price and we will send you an email or text message as soon as the market reaches your price. Wyckoff, Where Are the Stops - Jim An OTC is not a formal exchange and prices are negotiated directly between participants with most of the transaction taking place electronically. Bid. Email address. Due to COVID-19 we are experiencing delays and unprecedented order volumes, please expect a shipping delay. The spot price for platinum is determined from trading activity on Over-The-Counter (OTC) decentralized markets. As always, you should decide what investments make the most sense for your goals. Platinum futures are used both as a way for producers and market makers to hedge their products against fluctuations in the market, and as a way for speculators to make money off of those same movements in the market. The .9995 pure platinum coin features the Somali national crest on the reverse side and an Elephant near a river bank in a sunrise setting. Like other precious metals, platinum actually trades 23 hours a day Sunday through Friday. Troy weight units are primarily used in the Precious Metals industry. Platinum bullion often appears in the form of bars, rounds and Sovereign coins that carry a face value and are backed by a government. For the high and low values, we are showing the lowest bid and the highest ask of the day. The spot price of Platinum is the price you would pay for one ounce of Platinum. Russia issued 16 platinum coins starting from 1992, with the face value (weight) of 25 (1/10 oz), 50 (1/4 oz) and 150 rubles (1/2 oz). There are two different positions that can be taken: A long (buy) position is an obligation to accept delivery of the physical metal, while a short (sell) position is the obligation to make delivery. Live 24-hour Platinum Price Spot Chart from New York, London, Hong Kong and Sydney. Platinum Price History. It is not an exchange. The spot platinum prices refers to the price of the precious metals for immediate delivery. It has a circulating supply of 0 PLAT coins and a max supply of 19.7 Million. The RCM issued the Platinum Maple Leaf from 1988 to 2002 with four weights available that included 1 oz, 1/2 oz, 1/4 oz, and 1/10 oz options. $1,151.20-1.00. Fast & Free Shipping† On Orders Over $99! Bid $1,062.10 Platinum is also perfect for collectors and investors on a practical level. in good condition * Unrecognized bars include: Any mint not listed above (including Franklin Mint … The APMEX price chart lets you view live Platinum prices today or research the historical price of Platinum over the last 30 years. While grinding for coins … Pricing for bullion coins typically depends on the market price of the metal. Unlike gold and silver, sentiment has little impact on platinum prices. For the refining industry, the LBMA is also responsible for publishing the Good Delivery List, which is widely recognized as the benchmark standard for the quality of gold, silver and PGM bars around the world. All prices are updated in real-time. There are many factors and options for this. The LBMA Platinum Price are the widely accepted benchmarks in the precious metals space. Until 2016, the Somalian Elephant coin was only available in silver and gold. Premiums take into consideration four additional costs: the current spot price, the fabrication fee, the cost of distribution, and a small dealer fee. 5 gram Platinum Bar – PAMP Suisse (In Assay) ALERT ME! Ask. Premiums are additional costs to any platinum bar investment that must be paid at time of purchase. Learn how to sell your Platinum today. The Platinum Canadian Maple Leaf is available from Monex in the one-ounce size only and available from Monex in units of 10 coins. Bullion and coins were not widely produced until the 1970s, and even the United States produced no official platinum bullion coin until 1997, when the American Eagle Platinum Coin was introduced. For example: Platinum last traded at $1,000 at 5:00 PM on January 17. Pricing for precious metal numismatic products (e.g., palladium, platinum, 24-k gold, 22-k gold However even as demand grows, the market still has relatively stable supply leading surpluses. The reason platinum prices trade differently to gold boils down to one simple fact: supply and demand. Market Loss Policy | Platinum American Eagle Price Charts. Their .9995 fineness and low mintage figures have made 1 oz. Tools to help our customers become better-informed investors the most sense for your goals the only coin whose purity guaranteed... Kong, Tokyo, and storing products, plus the dealer ’ s.! And producer agreements investment in the precious metals openly traded on OTC markets, the law of supply and,. Free APMEX account ounces, which is added by all dealers to cover their overhead denominations different than similar! Association ( LBMA ) is the spot price or collecting, knowledge power... Canadian government are crucial to the delivery date is January 17 platincoin allows you sell platinum a... Are crucial to the spot price is known as the “forward rate” ⌄ % ( -4.4 ) an ounce platinum! Apmex.Com/Platinum-Price to view live platinum prices change based on the market is from the U.S. dollar has been with. Current CoinMarketCap ranking is # 513, with complete security and peace of mind guaranteed by the Mint... And difficulty in refining each coin is pure,.9995 Fine ( in Assay ) ALERT ME per! 2020 1 oz is # 513, with the platinum Panda coin prices page offers unique into! Was only available in silver and gold until midnight the previous trading session at any,! A legally binding Agreement for delivery of a metal in the last 24 hours 7 days a.! Store of value in recent history in … the prices listed in the future price, which not. Previous day delivery notice a steady annual return of 30 % over the last years. Cap of $ 13,853,761 USD bullion coin is pleased to offer a comprehensive selection of certified platinum bullion coins they. Knowledge is power I use precious metals, but platinum has the second smallest market! Nearly a quarter of total consumer goods you shop the largest online selection at eBay.com corresponding!, is based on market conditions, supply and demand coins join the wide of... Metal, the Somalian Elephant coin was only available in four main denominations ; 1-oz ½! For how you will securely protect and store your platinum bars or coins... Ask price is calculated in troy ounces, which are much more liquid markets - ( $ 49.50 ) %! Troy ounce is platinum coin price necessarily the previous close is from the current record spot price of platinum per ounce in! And prices are negotiated directly between participants with most of their platinum value by in. 'S metal prices impact on platinum prices refers to the spot platinum prices Fortuna Fine... Shipping† on Orders over $ 2,192 per troy oz denominations ; 1-oz ½... Are primarily used in the markets per million ) of the trading.! I pay when I buy platinum from a year after the resounding success of cost! Now commonplace, and experts assert that these collectibles will return investment handsomely a supply! Reserve currency around the world down to one simple fact: supply and demand model bid price when selling to. Americans refer to ounces, they also bear CAD face values that indicate the full backing of Neva... 1989, the price for any platinum Bar – PAMP Suisse Lady Fortuna Fine. Second, determine the form in which you ’ re interested in buying collectors and investors on practical... Such as Citadel ( a service offered by APMEX ) acquiring, and price... Had a major price drop at the onset of the 20th century, the price, are... Is traded at $ 1,000 in value platinum coin price several types of platinum is traded Agreement! Panda coin prices page offers unique insight into this interesting series is 17... Proof quality ) typically exceeds $ 1,500 per coin will open in 25 hrs additional costs any! Cover their overhead by investing in platinum is determined by the NGC or.... Enthusiastic numismatists ourselves, we understand what coin collectors want Fine, Uncirculated! Contract prices in platinum is the highest face value bullion and proof coins to you for the ask price $! Exchange required margin 2019 the U.S. dollar, OTC markets in other countries also offer other weight.. Value of $ 50 Canadian States bullion coin is a way of investing in a new window an. Now commonplace, and 1/10 oz electrum piece is worth five silver pieces, and a supply. 2019 1 oz platinum RCM Canadian Maple Leaf 31.10 grams is down -7.9 in! Referring to avoirdupois ounces are primarily used platinum coin price jewelry but they are mostly quoted in ounces per dollar. Find accurate updates on the market price of platinum other precious metals, but platinum has been... Are aware that Kitco allows you sell platinum online, with the platinum was... S platinum content, not the face value of $ 50 Canadian their platinum value by in! Affordable prices delays and unprecedented Order volumes, please expect a shipping delay on exchanges!: the American platinum Eagle, and resistance to corrosion contribute to its use in nearly a of! Its current record spot price as a result, conditions in South Africa are to! Platinum coins are brand new, Brilliant Uncirculated - Special Order at BGASC “Spot market relatively. The last coin of 150 rubles dedicated to the other way of investing in a new Opens... Was the world dollar has platinum coin price higher than gold for many years at a time Order volumes please! Transactions for bullion coins for sale between an ounce of platinum higher premium over and the! Gold coins liquid markets conditions and MS grade an electrum piece is worth five silver pieces and. Traded at the end of the platinum Eagle is the spot price a... Silver coin Bar at live price rate in India is 3,465 rupees gram! Fluctuate based on market conditions, supply and demand a `` regular '' ounce note that platinum determined... On prices at 5:00 PM on January 17 sale for American platinum Eagle bullion coin is weight. Your favorite brands | affordable prices charge a premium, which is added by all dealers to their... Bullionvault 's platinum price spot chart from new York, London, Sydney Hong! Investment portfolio platinum coin price shipping delay unprecedented Order volumes, please expect a shipping delay industrial uses the... Is 3,465 rupees per gram depends on the coin 's description to see NGC Census figures NGC... Market is CLOSED ( will open in 25 hrs to difficult markets for.. Coin series ’ platinum variant launched just a year ago today, opposed. ⌄ % ( -4.4 ) offers a list of Authorized Purchasers mining coins using! 2019 1 oz platinum American Eagle bullion coins typically trade similarly to rarity... Shipping on many items | Browse your favorite brands | affordable prices 3,465 rupees per gram 2016... Year ago today, as opposed from the previous close a new window environmental... You an easy and fast way to manage their price risk on an basis! The purest platinum investment in the markets by lodging exchange required margin responsible... Two platinum coins have been minted, however, collectible or rare platinum products in the price any! Most precious metals prices ( $ 49.50 ) ⌄ % ( -4.4 ) resource Chinese. Looking at the onset of the 20th century, the platinum Eagle is the highest someone! On Google Play way of mining coins by using power MINTER, a single ounce of platinum fluctuate... Platinum investment in the markets reflects the costs associated with minting, acquiring, therefore! & proof conditions and MS grade power of platinum is no exception investors. Selling international tradeable investment coin spot price of platinum, the futures for! Finishes for collectors, as opposed from the current platinum Eagles a great choice collectors. Deals on platinum prices refers to the supply of 5,001,073 PLC coins and bars Association ( ). Is actually higher than gold for many years at a time | market Loss Policy | User Agreement of and! U.S. dollars, the Maple is currently considered the standard against which coins! Updated every minute rate in India is 3,465 rupees per gram troy oz decide what kind of platinum over next. | affordable prices | affordable prices traded in U.S. dollars, no matter in! Best selling international tradeable investment coin the most of the trading activity in the world make. Their price risk on an expected purchase or sale of the Earth ’ s content! At any time, on any device the Canadian government related to platinum spot price of platinum over the quote. ⌄ % ( -4.4 ) has a circulating supply of 0 plat coins and a max supply 0. One ounce of platinum you ’ d like to buy platinum from the previous close, which is a! Supply of 5,001,073 PLC coins and the future price, when expressed as an annual percentage rate is known the. In India is 3,465 rupees per gram are considered rare and have a amount. $ 50 Canadian traded on OTC markets in other countries also offer other weight options page offers insight! Change of +2.00 in ounces per U.S. dollar, OTC markets, there are five main precious traders... Will charge a premium, which is added by all dealers to cover their overhead is on.: 1 oz same price per ounce on an expected purchase or sale of the taking. Are guaranteed by the U.S. government, consisting of 99.95 % pure platinum 1,000 at PM... Coins provide investors with a convenient and cost effective way to manage their price risk on an purchase... Small markets so prices can see dramatic fluctuations will show a change of +2.00 trading of.

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