The supply of globally available platinum is one-tenth that of gold, and one-hundredth that of silver. This is one of the reasons why it is among the most expensive and sought-after precious metals. Unfortunately, it is also why scams are commonplace and why people are hesitant to sell platinum, especially online. That is why Precious Elements is here to make it easy and worry-free to sell platinum and turn it into cash. We are highly rated, highly reviewed, and highly trusted platinum buyers that promise safe, honest transactions.
Contact Precious Elements to check how much your items are worth and see for yourself why we're one of the best places to sell your valuables online. We offer free valuations and same-day cash payments for all kinds of items.
If you live in Phoenix, Chandler, Gilbert, Scottsdale, Mesa, or Glendale AZ, feel free to come visit our Arizona location in person! If you live in Murphy, Plano, Richardson, Sachse, Wylie, Allen, or Garland TX, come visit our new Texas location!
Any shape, any style, any quality, Precious Elements will buy any platinum you have to sell. We offer unmatched prices when you sell platinum scrap, bars, coins, jewelry, and more. Some buyers are very particular about the items they will purchase, but not Precious Elements; our mission is to simplify and streamline the process so you can sell your valuables fast. And best of all, our cash offers are commitment-free, which means there is no risk, obligation, or cost to have us evaluate your valuables. Contact us today to learn how much your items are worth.
Scarcer and harder to come by than other precious metals, platinum is incredibly rare and exceptionally valuable. Unfortunately, some people mistakenly confuse it for silver—and less reputable companies in the industry may take advantage of this misidentification. Considering the price difference between the two, it’s important that you know how to properly identify your precious metal valuables so you can be confident that you are getting top dollar for items.
At first glance, platinum and silver have similar appearances that can make it easy to confuse one for the other. Unlike white gold, which was a warmer, yellow undertone, platinum and silver both have gray undertones. Although the differences between them are more easily discernable under magnification, you can also identify platinum by its brighter and shiner appearance compared to silver, which is usually duller and more gray.
Besides "hallmarks" (described below), not much differentiates the physical look of platinum from silver. If your item is not clearly marked as either, you may be able to make a determination based on how heavy the item feels. Platinum is an incredibly dense metal and is much heavier than silver. Platinum coins, bars, and jewelry will feel much heavier in your hand than they may look.
The easiest and most common way to tell the difference between platinum and silver is to look for etched, stamped, or engraved markings. These markings, also called hallmarks, will indicate what type of precious metal a coin, bar, or piece of jewelry is made from and the fineness, or purity, or the precious metal. Hallmarks can also identify where an item was made, the year it was made, and the designer.
Platinum coins, bars, and jewelry may be stamped or etched with "PLAT" or "PT," but not always. You may also be able to tell the difference between them by the shape of the purity hallmark; an oval stamp typically indicates the item is silver, while a house-shaped stamp typically is used to indicate platinum. The number inside the shape (the "millesimal stamp number") tells you the exact platinum content, or purity, of the item. Platinum purity is expressed in parts per thousand and most commonly comes in 999, 950, 900, and 850 "parts fine" varieties. Pure platinum is 999 parts fine.
The cash price largely depends on what you are selling. Although the spot price of platinum metal will tell you the current market value, the actual cash value of your item may be higher depending on a variety of factors. That is why Precious Elements offers no-cost, risk-free valuations so you can get an accurate, honest, and fair price for whatever item you are selling.
Selling platinum bars, bullion, and coins to professional buyers is the easiest way to get cash for your valuables. Because the purity of the coins, bullion, and bars is guaranteed, the price is mostly determined by the current market value, or spot price. Of course, there may be instances when certain coins are worth more than the current smelting or refining value. For example, some coins may have a high numismatic value due to their rarity, collectability, or history, which other platinum coin buyers may not even realize. Fortunately, the buyers at Precious Elements are expert appraisers and can accurately identify rare or valuable coins, bullion, or bars that may be worth more than the current spot price.
Selling jewelry items can be more tricky than selling other types of valuables, mostly because of the other factors that determine the cash price. Although fine jewelry is easy to valuate based on purity and weight, the cash price for designer jewelry or items that contain precious gemstones is a bit harder to calculate. Such items may be worth considerably more to buyers than the smelt value, so it is important to sell your jewelry to a buyer that knows how to evaluate the true worth of the item, based on more than the current spot price.
The jewelry appraisers at Precious Elements are highly trained and highly experiences, so you can be confident that you are getting the best cash offer for your ring, necklace, pendant, or other item.
As a family-owned business, Precious Elements does things a bit differently than our competitors. We are in the valuable buying business for our customers as much as we are in it for ourselves, which means you don't have to worry about selling your item(s) for a fair price, we will not pay you a penny less than what your valuables are worth. No games, no gimmicks—just top dollar for any valuables you are selling.
At Precious Elements, we are able to offer the highest prices for a broad range of valuables. While some competitors and other online platinum buyers may try to persuade you to accept the base price for your coins or jewelry, selling to us means you can trust you will be getting the absolute highest possible amount for your item(s). And best of all, there is no risk or obligation to find out how much we will pay you for your valuables!
At Precious Elements, we don’t just buy valuables, we know them inside and out. Our staff is highly trained and experienced, which allows us to provide more accurate appraisal and valuation services than some of our competitors that just look at the spot price. In fact, we are so passionate that we will tell you everything there is to know about your item so you can feel confident you are getting the best cash price. There is no cost or risk to request your free valuation.
After we receive your item and verify its quality, we will provide you with the final cash offer. If you accept our offer, we will send you payment the same day via your preferred payment method. We understand that you may be looking to sell your valuables because you need cash fast, and that is why there is no waiting to receive payment once you accept our offer.
If you are looking for a buyer you can trust—and want to receive the highest payout for your jewelry, coins, bars, and more — consider selling to Precious Elements.
The first step to selling your coins, bars, or jewelry to our experienced buyers is to start a conversation. Contact Precious Elements online or give us a call to speak with one of our expert platinum buyers. We will also ask you to provide photos to help us provide an estimated valuation. If you live in Arizona or Texas, you can bring your valuables to one of our locations in Chandler AZ or Murphy TX for an in-person estimate and cash offer.
The next step is to send us your item(s) so we can make a final decision on the value. At that time, our professional buyers will perform a hands-on inspection and valuation, and will offer fair market price for your item.
If you accept the offer, you will get paid the same day via your preferred payment method. If you are not satisfied for any reasons, we will ship back your item free of charge. We aim for 100% customer satisfaction, and that means no games or gimmicks when it comes to selling valuables.
There is no risk or obligation to receive a free valuation from the professional buyers at Precious Elements. If you have any questions or would like to request a free estimate, chat with us online, give us a call, or visit us for an in-person valuation. No more wasting time on confusing or complicated process to sell platinum online; Contact Precious Elements and turn your valuables into cash today!
We'll answer any questions and walk you through the process.