We are independent & ad-supported. We may earn a commission for purchases made through our links.
Advertiser Disclosure
Our website is an independent, advertising-supported platform. We provide our content free of charge to our readers, and to keep it that way, we rely on revenue generated through advertisements and affiliate partnerships. This means that when you click on certain links on our site and make a purchase, we may earn a commission. Learn more.
How We Make Money
We sustain our operations through affiliate commissions and advertising. If you click on an affiliate link and make a purchase, we may receive a commission from the merchant at no additional cost to you. We also display advertisements on our website, which help generate revenue to support our work and keep our content free for readers. Our editorial team operates independently of our advertising and affiliate partnerships to ensure that our content remains unbiased and focused on providing you with the best information and recommendations based on thorough research and honest evaluations. To remain transparent, we’ve provided a list of our current affiliate partners here.

What is Platinum Bullion?

Mary McMahon
By
Updated May 16, 2024
Our promise to you
SmartCapitalMind is dedicated to creating trustworthy, high-quality content that always prioritizes transparency, integrity, and inclusivity above all else. Our ensure that our content creation and review process includes rigorous fact-checking, evidence-based, and continual updates to ensure accuracy and reliability.

Our Promise to you

Founded in 2002, our company has been a trusted resource for readers seeking informative and engaging content. Our dedication to quality remains unwavering—and will never change. We follow a strict editorial policy, ensuring that our content is authored by highly qualified professionals and edited by subject matter experts. This guarantees that everything we publish is objective, accurate, and trustworthy.

Over the years, we've refined our approach to cover a wide range of topics, providing readers with reliable and practical advice to enhance their knowledge and skills. That's why millions of readers turn to us each year. Join us in celebrating the joy of learning, guided by standards you can trust.

Editorial Standards

At SmartCapitalMind, we are committed to creating content that you can trust. Our editorial process is designed to ensure that every piece of content we publish is accurate, reliable, and informative.

Our team of experienced writers and editors follows a strict set of guidelines to ensure the highest quality content. We conduct thorough research, fact-check all information, and rely on credible sources to back up our claims. Our content is reviewed by subject-matter experts to ensure accuracy and clarity.

We believe in transparency and maintain editorial independence from our advertisers. Our team does not receive direct compensation from advertisers, allowing us to create unbiased content that prioritizes your interests.

Platinum bullion is a piece of platinum of high purity, sold by weight rather than face value. People can purchase bullion coins, blocks, and ingots. Several governments formally mint platinum bullion, and it can also be made by third parties. People buy and sell this precious metal as an investment product, generally in the form of trade certificates rather than bullion itself because it is bulky and difficult to move in high volumes.

Platinum, gold, and silver are all heavily traded precious metals. In the case of platinum, the metal has a silvery, shiny appearance and is prized for use in jewelry and the production of various metal products. Unlike coin, where the value of the currency is determined by the face value, platinum bullion is valued by weight. The manufacturer stamps the bullion with information about the purity and weight, and while a face value statement may be part of the stamp, the coin is not usually sold at that value.

Typically, platinum bullion is decorated with ornamental devices like national seals and other works of art to make it more visually interesting. When a government mint produces the metal, it may stamp it with heraldic devices to mark it as a product of the mint. These symbols are a guarantee of purity and source, a concern for investors who want to avoid counterfeit bullion or metals from questionable sources, as these could be difficult to resell.

Investors can buy platinum bullion directly from a manufacturer or through other traders, using the going rate currently being quoted for platinum. This fluctuates regularly and traders must time their purchases with care to take advantage of the best price. Since investors in precious metals typically want to deal in very high values, they commonly buy and sell certificates to the metals, rather than the metals themselves. The issuer of the certificates maintains a stock of platinum bullion in a secure facility, backing the certificates it issues with this store of materials.

People can buy single units of platinum bullion if they lack the ability to invest on a large scale. Metals speculation on a low level can be more dangerous for investors, as they lack the ability to profit by moving large volumes of metals as the market shifts, and they may not have access to appropriate storage facilities for their metals. If platinum bullion is lost or stolen, it cannot be traced to the original owner unless it has been stamped with a serial number.

SmartCapitalMind is dedicated to providing accurate and trustworthy information. We carefully select reputable sources and employ a rigorous fact-checking process to maintain the highest standards. To learn more about our commitment to accuracy, read our editorial process.
Mary McMahon
By Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a SmartCapitalMind researcher and writer. Mary has a liberal arts degree from Goddard College and spends her free time reading, cooking, and exploring the great outdoors.

Discussion Comments
Mary McMahon
Mary McMahon

Ever since she began contributing to the site several years ago, Mary has embraced the exciting challenge of being a...

Learn more
SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.

SmartCapitalMind, in your inbox

Our latest articles, guides, and more, delivered daily.