Best Selling Platinum Coins
Best Selling Platinum Bars
Platinum bullion coins and bars
The platinum bullion coins and bars that are readily available come from some of the world’s prestigious mints and refineries. Australia’s Perth Mint produces 1-oz Platypus platinum bullion coins, and Canada’s Royal Canadian Mint produces 1-oz Platinum Maple Leaf coins.
Johnson Matthey, one of the world’s renown private refineries, produces 1-oz platinum bars.
Other platinum bullion products
Platinum Eagles have not been produced by the U.S. Mint since 2009 and are available only occasionally in the secondary market. Platinum Koalas, which were the Perth Mint’s first platinum bullion coins, also are available only in the secondary market.
Other platinum bullion items, such as the Isle of Man Platinum Noble and Engelhard’s Platinum Prospector are sometimes, but not often, available in the secondary market.
A brief history on modern platinum bullion investment products
In the late 1990s, when platinum traded at about the price of gold, a strong interest in platinum developed; and in 1997, the U.S. Mint added Platinum Eagles to complement its Gold Eagles and Silver Eagles. Platinum Eagles were well received, and in 1998, the first full year of production, 133,000 of the 1-oz Platinum Eagles were minted.
However, as the price of platinum pushed much higher than gold, interest in Platinum Eagles waned, and in 2003 only 8,007 of the 1-oz Platinum Eagles were minted, compared to more than 400,000 of the 1-oz Gold Eagles.
In recent years, the price of platinum has been closer to the price of gold, and interest again developed in platinum, resulting in 1-oz products being introduced by established mints and refineries.
Platinum, the metal
Platinum and the other noble metals have outstanding resistance to oxidation, one reason they are used to make jewelry. The primary use of platinum, though, is in catalytic converters. The jewelry industry also consumes considerable quantities of platinum.
Further, platinum, gold, silver, and palladium are excellent conductors of heat and electricity (Silver is the best.), and they are so malleable that they can be made in solid sheets thin enough for light to pass through. Additionally, noble metals are so ductile that they can be drawn into wires thinner than a hair. Because of these characteristics, noble metals are essential in the manufacture of many of the high-tech products we today take for granted.
If you would like to know more about how to buy platinum, get live platinum prices or learn more about the platinum investment products that we have available, call us at 800-528-1380. We take calls 7:00 am to 5:00 pm, Mondays through Fridays.