How to Sell Platinum
Selling platinum starts with knowing what you have and its purity because price and buyer options depend on weight and fineness[2][4].
Next, check the live spot price for platinum to estimate value; many dealers and scrap buyers use the current market price per gram and multiply by your metal’s weight and purity to produce an offer[1][4].
Get multiple offers: contact local buyers, online bullion dealers, and specialized recyclers to compare rates and fees[2][3].
Choose the right buyer for your item type: bullion dealers and refiners typically pay best for ingots and certified bars, while pawn shops and local buyers often buy jewelry but may pay less after factoring commissions and local overhead[1][2][5].
Prepare documentation and identification: certified metal (assay certificates, hallmarks) can increase trust and the price you receive, and reputable buyers usually require ID for larger transactions[3][4].
Decide between selling in person or by mail: in-person sales give immediate payment and inspection, while mail-in services from established dealers offer convenience and often insured shipping with payment after authentication[2][3].
Understand fees and payment timing: some buyers lock a price before shipment and pay by bank transfer within a set number of days after inspection, while scrap buyers may offer a percentage of spot price for jewelry after refining costs[3][2].
If selling jewelry, determine net metal weight and purity (hallmarks help) because most buyers pay for the metal content, not the retail or sentimental value[4][2].
For large or high-value items, consider using a reputable bullion dealer or refiner that authenticates items, locks price during transit, and provides insured shipping and bank transfer payments[3][1].
Take safety precautions: use insured tracked shipping if mailing items, obtain written quotes, and verify buyer credentials and reviews to avoid scams[2][3].
Sources
https://sell-sg.allu-official.com/gold/platinum/platinum-ingot/
https://www.bullionbypost.co.uk/scrap-platinum-prices/999/
https://www.apmex.com/sell-gold-sell-silver-how-it-works
https://www.cashforyourgold.co.uk/platinum-price-calculator
https://jamaicapawn.com/de/selling-or-pawning-gold-and-platinum-in-jamaica-queens-your-complete-guide-to-getting-the-highest-cash-offer/