What Do You Pay For Platinum?
Recycle Platinum utilizes several key factors to determine how much we pay for your platinum items. We're committed to offering the highest possible prices for your precious metals.
Key Factors That Determine Value
- Current Market Prices - Daily platinum spot prices
- Weight - The physical weight of the platinum content
- Purity - The percentage of pure platinum in your items
- Item-Specific Characteristics - Unique features that may add value
Current Market Prices
The most important factor is the current market price of platinum. Recycle Platinum uses the London Bullion Market Association's prices to calculate the cash value of the precious metals we receive. We constantly monitor the markets and update our prices daily to ensure our offers are the most accurate in the industry.
The latest London Bullion market prices are:
- PLATINUM - Fetching...
- GOLD - Fetching...
- SILVER - Fetching...
Weight and Purity
Weight and purity are the next most significant factors. The more platinum contained in your items, the more cash value they have. The more platinum you send to Recycle Platinum, the more we can pay you for it.
Most platinum jewelry and items are marked with their purity. Common platinum purities include:
- 950 or PT950: 95.0% Pure Platinum (most common for jewelry)
- 900 or PT900: 90.0% Pure Platinum
- 850 or PT850: 85.0% Pure Platinum
Platinum is commonly alloyed with other metals like palladium, rhodium, iridium, copper, and titanium to enhance its properties while maintaining its value.
Item-Specific Characteristics
The last factor is based on the unique characteristics of each item. What type of platinum item is it? Is it designer jewelry? Does the piece contain diamonds or gemstones? All of these characteristics can play an important role in determining whether your item has additional cash value beyond its platinum content.
Getting an Offer for Your Platinum
To find out exactly what we'll pay for your platinum, follow these three easy steps:
- Request a Kit - It's free and there is absolutely no commitment
- Ship Your Platinum - It's fully insured and tracked every step of the way
- Get An Offer - Let our trained professionals give you the most accurate, highest offer available