Home InfoVault Resource Center Buying Bullion Guide Building Your Stack: How To Buy Platinum Bullion

Building Your Stack: How to Buy Platinum Bullion

Building Your Stack: How to Buy Platinum Bullion
Category: Buying Bullion Guide
Author Name: ModernCoinMart (MCM)
Posted: 12-30-2019

While platinum is not quite as prevalent as it companion precious metals silver and gold, both bullion stackers and coin enthusiasts value it for its relative scarcity, density, and shiny white appearance. This Resource Center entry will cover some tips for adding platinum bullion to your stack.

Where to Buy Physical Platinum Bullion

Mobile Shopping Platinum Due to the general scarcity of platinum coupled with its numerous industrial uses, it is not as readily available as gold or silver. There are platinum bullion dealers that can be visited in person, but these are scarce. Maybe if you’re lucky you’ll find a platinum coin or two at your local coin shop from time to time.

If you want to buy platinum bullion, the easiest method is actually to buy platinum bullion online. Many reputable bullion dealers operate online. High quality bullion dealers will keep your private information secure and the transaction will be safe as well

How to Buy Platinum Coins, Bars, or Rounds Online

Platinum Bullion Bar Buying platinum bullion online is a pretty simple process. Often, the biggest challenge is deciding between several high quality platinum bullion dealers. While there aren’t as many total buying choices with this precious metal, you’ll still find that the options vary from one dealer to the next.

Those looking for a coin will typically stick with the American Platinum Eagle. These 1 oz. platinum coins are struck by the U.S. Mint each year. While they are platinum bullion coins, plenty of people collect them as well.

In the case of 1 oz. platinum bars, it’s really a matter of preference whether a coin or a bar is a better choice. However, platinum bullion bars offer some size variety. You can even find 1 gram platinum bars, which can be great for those starting with a small budget.

Platinum bullion rounds tend to be generally scarce. You’ll really have to dig online if you want platinum bullion in this form.

How to Store Platinum Safely

Safe Platinum Bullion Storage One of the best things about platinum storage is that you don’t need much space. A small lock box or a safety deposit box can be used to house a significantly valuable amount of platinum bullion.

Best Way to Buy Platinum in Bulk

If you want to buy platinum in bulk, be careful with your product selection. Once you’ve chosen a platinum bullion dealer, try to stick with purchasing multiple pieces of the same product as opposed to a variety of products. This may get you a quantity discount as well.

ModernCoinMart® is a retail distributor of coin and currency issues and is not affiliated with the U.S. government. The collectible coin market is unregulated, highly speculative and involves risk. ModernCoinMart reserves the right to decline to consummate any sale, within its discretion, including due to pricing errors. Prices, facts, figures and populations deemed accurate as of the date of publication but may change significantly over time. All purchases are expressly conditioned upon your acceptance of ModernCoinMart’s Terms and Conditions (www.moderncoinmart.com/terms-conditions.html or call 1-800-362-9004); to decline, return your purchase pursuant to ModernCoinMart’s Return Policy. © 2019 ModernCoinMart. All rights reserved.

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About The Author

ModernCoinMart (MCM) ModernCoinMart (MCM) sets the standards for online sales of bullion, US coins and world coins with free shipping, competitive pricing, a large selection and customer service that will amaze you. Confidence. Trust. Reliability. That's the MCM way.

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