Where to Buy Platinum
Track the live platinum spot price and browse trusted online dealers. Compare platinum coins and bars from reputable sources.
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Shop Platinum Online
1 oz Platinum Eagle1 oz · CoinCheck Price
1 oz Platinum Maple Leaf1 oz · CoinCheck Price
1 oz PAMP Suisse Platinum Bar1 oz · BarCheck Price
10 oz Platinum Bar10 oz · BarCheck Price
1 oz Platinum Philharmonic1 oz · CoinCheck Price
1 oz Platinum Britannia1 oz · CoinCheck Price
Why Buy Platinum?
Platinum is one of the rarest precious metals — 30 times rarer than gold — yet often trades at a discount. This historical anomaly makes it an attractive option for investors seeking value. Platinum also has strong industrial demand from catalytic converters, hydrogen fuel cells, and jewelry.
- Rarity — Annual platinum mining production is roughly 1/15th of gold. Supply is concentrated in South Africa (70%+)
- Below-gold pricing — Platinum traded above gold for decades until 2014. Many investors view the current discount as a value opportunity
- Industrial demand — Diesel catalytic converters, hydrogen fuel cell technology, and jewelry drive demand
- Portfolio diversifier — Platinum has low correlation with gold and silver, adding genuine diversification
Platinum Coins vs. Bars
The platinum bullion market is smaller than gold or silver, so product selection is more limited. Premiums are proportionally higher because of lower production volumes.
- Platinum coins — American Platinum Eagles (US Mint), Canadian Platinum Maple Leafs, and Austrian Philharmonics are the main sovereign options. Premiums run 5–10% over spot
- Platinum bars — 1 oz and 10 oz bars from PAMP Suisse, Valcambi, and other LBMA-accredited refiners. Lower premiums than coins, typically 3–6% over spot
- Coins vs bars — 1 oz platinum coins offer higher liquidity and recognition at resale. Bars carry lower premiums per ounce but may be harder to sell quickly due to the smaller platinum market
What to Look for When Buying Platinum
Platinum is denser and harder than gold, which makes it more difficult and expensive to mint. Here's what to consider:
- Purity — Investment-grade platinum is .9995 fine. All major sovereign coins and LBMA bars meet this standard
- Recognized products — Stick with sovereign mint coins or LBMA-accredited bars. They're universally accepted and easier to resell
- Premium comparison — Platinum premiums are higher than gold due to lower production volumes. Compare across dealers to find the best price
- Authentication — Buy from established dealers who test and guarantee their products. Platinum's density makes it difficult to counterfeit, but buying from reputable sources is still important
Storage and Resale
Platinum is dense — a 1 oz coin is noticeably smaller and heavier than a 1 oz gold coin. This makes storage easy, but resale requires some planning.
- Storage — Platinum doesn't tarnish or corrode. Store in capsules or tubes to prevent scratching. A home safe or bank deposit box works well for typical holdings
- Resale — Platinum is less liquid than gold or silver. Sell back to established online dealers for the best prices. Local coin shops may offer lower buyback prices due to less demand
- Timing — The platinum market is smaller and more volatile than gold. Consider your holding period before buying
Published by MetalCharts, a free precious metals resource providing real-time prices, dealer comparisons, and buying guides for gold, silver, platinum, palladium, and copper.
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Frequently Asked Questions
Where is the best place to buy platinum online?
Reputable online dealers like SD Bullion carry platinum coins and bars at competitive premiums. Look for insured shipping, transparent pricing, and a wide selection of products from recognized mints and refiners.
Is platinum a good investment?
Platinum is 30x rarer than gold and has strong industrial demand (catalytic converters, hydrogen fuel cells). It currently trades below gold, which many investors see as a historical anomaly and potential value opportunity. However, it's less liquid than gold or silver.
Why is platinum cheaper than gold?
Platinum has traded below gold since 2014 due to reduced diesel vehicle production (cutting catalytic converter demand), weaker investment demand compared to gold, and heavy supply concentration in South Africa. Many analysts consider it undervalued at current levels.
What forms of platinum can I buy?
The most common options are 1 oz platinum coins (American Eagles, Maple Leafs) and platinum bars (1 oz and 10 oz). Coins carry slightly higher premiums but are easier to sell. Bars offer lower premiums per ounce.