The supply of globally available platinum is one-tenth that of gold, and one-hundredth that of silver. This is one of the reasons why platinum is among the most expensive and sought-after precious metals. Unfortunately, it is also why scams are commonplace and why people are hesitant to sell their platinum online. That is why Precious Elements is here to make it easy and worry-free to turn your platinum into cash. We are a highly rated, highly reviewed, and highly trusted platinum buyer that promises safe, honest transactions.
Contact Precious Elements and see how much your platinum is worth. We offer free valuations and same-day cash payments for all kinds of platinum items.
Any shape, any style, any quality, Precious Elements will buy any platinum you have to sell. We offer unmatched prices for platinum coins, bars, jewelry, and even industrial and scrap platinum. Some buyers are very particular about the platinum items they will buy, but not Precious Elements; our mission is to simplify and streamline the process so you can turn your platinum into cash fast. And best of all, our cash offers are commitment-free, which means there is no risk, obligation, or cost to have us evaluate your platinum. Contact us today to learn how much your platinum is worth.
Scarcer and harder to come by than other precious metals, platinum is incredibly rare and exceptionally valuable. Unfortunately, some people mistakenly confuse their platinum jewelry or coins for silver—and less reputable buyers may take advantage of this misidentification. Considering the price difference between platinum and silver, it’s important that you know how to properly identify your precious metal valuables so you can be confident that you are getting top dollar for items.
At first glance, platinum and silver have similar appearances that can make it easy to confuse one for the other. Unlike white gold, which was a warmer, yellow undertone, platinum and silver both have gray undertones. Although the differences between platinum and silver are more easily discernable under magnification, you can also identify platinum by its brighter and shiner appearance compared to silver, which is usually duller and more gray.
Besides "hallmarks" (described below), not much differentiates the physical look of platinum from silver. If your item is not clearly marked as either platinum or silver, you may be able to make a determination based on how heavy the item feels. Platinum is an incredibly dense metal and is much heavier than silver. Platinum coins, bars, and jewelry will feel much heavier in your hand than they may look.
The easiest and most common way to tell the difference between platinum and silver is to look for etched, stamped, or engraved markings. These markings, also called hallmarks, will indicate what type of precious metal a coin, bar, or piece of jewelry is made from and the fineness, or purity, or the precious metal. Hallmarks can also identify where an item was made, the year it was made, and the designer.
Platinum coins, bars, and jewelry may be stamped or etched with "PLAT" or "PT," but not always. You may also be able to tell the difference between silver and platinum by the shape of the purity hallmark; an oval stamp typically indicates the item is silver, while a house-shaped stamp typically is used to indicate platinum. The number inside the shape (the "millesimal stamp number") tells you the actual precious metal content, or purity, of the item. Platinum purity is expressed in parts per thousand and most commonly comes in 999, 950, 900, and 850 "parts fine" varieties. Pure platinum is 999 parts fine.
The cash price for platinum largely depends on what you are selling. Although the spot price will tell you the current market value for platinum, the actual cash value of your platinum item may be higher depending on many different factors. That is why Precious Elements offers no-cost, risk-free valuations so you can get an accurate, honest, and fair market offer for whatever platinum item you are selling.
Selling platinum coins, bullion, and bars is the easiest way to get cash for platinum. Because the purity of platinum coins, bullion, and bars is guaranteed, the price is mostly determined by the current market value, or spot price, of platinum. Of course, there may be instances when certain platinum coins are worth more than the current smelting or refining value. For example, some platinum coins may have a high numismatic value due to their rarity, collectability, or history. Fortunately, the platinum buyers at Precious Elements are expert appraisers and can accurately identify rare or valuable platinum coins, bullion, or bars that may be worth more than the current spot price.
Selling platinum jewelry can be more tricky than selling other types of platinum, mostly because of the other factors that determine the cash price. Although fine platinum jewelry is easy to valuate based on purity and weight, the cash price for designer platinum jewelry or items that contain precious gemstones is a bit harder to calculate. Such items may be worth considerably more than the smelt value of platinum, so it is important to sell your platinum jewelry to a buyer that knows how to evaluate the true worth of platinum jewelry based on more than the spot price.
The platinum jewelry appraisers at Precious Elements are highly trained and highly experiences, so you can be confident that you are getting the best cash offer for your platinum ring, necklace, pendant, or other item.
As a family-owned business, Precious Elements does things a bit different than some of our competitors. We are in the platinum buying business for our customers as much as we are in it for ourselves, which means you don't have to worry about how to sell platinum at a fair price, we will not pay you a penny less than what your platinum is worth. No games, no gimmicks—just top dollar for any platinum you are selling.
At Precious Elements, we are able to offer the highest prices for platinum. While some competitors, and other online platinum buyers may try to persuade you to accept the baseline price for your platinum coins or jewelry, but selling to us means you can trust you will be getting the absolute highest possible amount for your unwanted platinum. And best of all, there is no risk or obligation to find out how much we will pay you for your platinum!
At Precious Elements, we don’t just buy platinum, we know platinum. Our staff is highly trained and experienced, which allows us to provide more accurate appraisals and evaluations than some of our competitors that just look at the spot price for platinum. In fact, we are so passionate about platinum that we will tell you everything there is to know about your item so you can feel confident you are getting the best cash price for platinum. There is no cost or risk to request your free platinum valuation.
After we receive your item and verify its quality, we will provide you with the final cash offer. If you accept our offer, we will send you payment the same day via your preferred payment method. We understand that you may be looking to sell your platinum because you need cash fast, and that is why there is no waiting to receive payment once you accept our offer.
If you are looking for a Platinum buyer you can trust—and want to receive the highest payout for your jewelry, coins, bars, and more — consider selling to Precious Elements.
The first step to selling your platinum coins, bars, or jewelry is to start a conversation. Contact Precious Elements online or give us a call to speak with one of our platinum experts. We will also ask you to provide photos to help us provide an estimated valuation. If you live in Arizona, you can bring your valuables to one of our locations in Phoenix or Chandler for an in-person estimate and cash offer.
The next step is to send us your platinum so we can make a final decision on the worth of your item. After we perform a hands-on inspection and evaluation, we will offer fair market price for your item.
If you accept the offer, you will get paid the same day via your preferred payment method. If you are not satisfied for any reasons, we will ship back your platinum free of charge. We aim for 100% customer satisfaction, and that means no games or gimmicks when it comes to selling platinum for cash.
There is no risk or obligation to receive a free platinum valuation from Precious Elements. If you have any questions or would like to request a free estimate, chat with us online, give us a call, or visit us for an in-person valuation. No more wasting time on confusing or complicated process to sell platinum online; Contact Precious Elements and turn your platinum into cash today!
We'll answer any questions and walk you through the process.