We buy platinum and platinum jewelry in all conditions whether it’s new, old, broken, damaged, vintage or antique. It can be in the form of jewelry, coins, or even industrial platinum wire. As long as it’s platinum, we can buy it.
Most platinum jewelry is hallmarked .900 or .950 with PLAT or pt next to it. This means it’s either 90% or 95% platinum. Sometimes you’ll see a stamp with 90% plat 10% irid which means the item also has 10% iridium.
Are you the kind of person who favors platinum jewelry instead of gold? Platinum is a very rare and precious metal with considerable appeal to jewelry buyers and other aficionados. If you are in possession of a platinum item and are looking to sell it at top dollar, Eastside Gold and Coin Exchange is the place to go!
At Eastside Gold and Coin Exchange, people bring us their platinum items to sell for a number of different reasons. Here are the four most common:
Whatever your reason is, you can count on the professionals at Eastside Gold and Coin Exchange to get you the very best price that you need!
Eastside Gold and Coin Exchange has established a sterling reputation as a buyer of precious metals of all kinds, including platinum. We have formed positive relationships with many individuals who continue to bring us their platinum because they trust that we will provide for them the value that they deserve. We don’t harass or haggle those with precious metals to sell; we simply make an offer based on the current spot price. If that deal works for you, we pay at that moment.
Platinum is not simply used for jewelry and other valuables; it has applications in manufacturing as well. Platinum is more difficult to work with than gold because its melting point is over 1,000 degrees hotter than gold. (Gold’s melting point is 1,948℉, platinum’s melting point is 3,215℉.) However, the higher melting point can be an advantage in certain applications. For example, over 50% of platinum in the world is used in the catalytic converters of automobiles to mitigate carbon emissions. Although platinum is a very rare metal, its price has been suppressed to a degree by the increasing demand for electric vehicles.
Platinum jewelry often has markings on it to identify its content and purity. Platinum items are often marked with a “Pt” (the chemical symbol for platinum), and a purity rating such as 900 (for 90% purity) or 950 (for 95% purity). The remaining metal in your jewelry may be iridium, rhodium, palladium or copper. Wedding rings are often made out of platinum.
Platinum coins typically bear a mark reading “.9995” indicating they are 99.95% pure, or virtually pure. Coins with this standard of purity include the American Eagle Platinum Bullion Coin, the Canadian Platinum Maple Leaf, the Australian Platinum Kangaroo coin, and others. Because platinum is extremely dense, a 1-ounce platinum coin is much thinner than a 1-ounce silver or gold coin.
Certain boutique manufacturers have created a market for small items made out of platinum. Pens, mechanical pencils, cigarette lighters and other smoking accessories, money clips, combs and brushes, penknife cases, and even golf accessories can be made from platinum. Remember, to the untrained eye, platinum can often be mistaken for silver. However, it is often about 50 times more valuable per ounce.
HOURS OF OPERATION
Monday -10:00am - 4:00pm
Tuesday -10:00am - 4:00pm
Wednesday - By appointment only
Thursday -10:00am - 4:00pm
Friday -10:00am - 4:00pm
Saturday -10:00am - 2:00pm
Sunday - Closed