Platinum Calculator

Platinum Calculator
Platinum Melt Value Calculator

Platinum Calculator

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Current Market Value:

$0.00

Average Pawn Shop Offer:

$0.00

Alloy’s Minimum Offer:

$0.00

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Current Platinum Prices

Per Gram: $43.17
Per Ounce: $1342.78
Per Kilo: $43265.88
Prices updated every minute via Metal Price API

Platinum Fineness Markings

  • 999.5: 99.95% pure platinum (bullion standard)
  • 999: 99.9% pure platinum
  • 950: 95% pure platinum (most fine jewelry)
  • 900: 90% pure platinum
  • 850: 85% pure platinum

Request your free Alloy Appraisal Kit today! Receive a no-obligation offer for your platinum jewelry, bars, and more.

Sell Your Platinum with Alloy

Request your free Alloy Appraisal Kit today! Receive a no-obligation offer for your platinum jewelry, bars, and more.

Why Alloy

As a customer, you’ll have little stress and receive the largest payout.

Others Online Buyers
  • No instant estimates
  • Confusing and long process
  • Reputation concerns
  • Inconsistent payouts
  • Accurate instant estimates
  • Free shipping & insurance
  • Video recorded unboxing
  • Industry-best cash offer
Store Buyers
  • Negotiation required
  • Poor and challenging experience
  • Low payouts
  • Intimidation tactics

Clients Nationwide
Love Alloy

Getting an Estimate for Your Platinum Is as Easy as 1,2,3!

Alloy gold selling appraisal kit
STEP 1
Request a Free Appraisal Kit

Free insured shipping and returns included.

Alloy appraising gold sellers items
STEP 2
Get a Free Estimate

Our experts will provide a free, no-obligation, detailed estimate.

Alloy paying customer for selling gold
STEP 3
Get Paid

Accept your free, no-obligation offer & get paid.

Request a Free Alloy Kit Today!

Highest
Payouts

Industry-best payouts are lightning fast and guaranteed to beat any competitor online or in-store.

100%
Transparent

Our experts present you with a free and detailed no-obligation offer before you accept.

Quick &
Easy

It’s never been easier to get paid for your items. Getting started takes less than two minutes!

Satisfaction Guaranteed

Work with a dedicated Alloy Advisor assigned to your order to get human support from beginning to end.

Frequently Asked Questions

Pawn shops generally offer way below the spot value of any precious metal. The reason for this is that they carry so much overhead. Additionally, refining precious metals costs money. Businesses consider those facts when calculating their profit margin and your offer. For more info on the research supporting our numbers, please visit “Scrap Gold Price at a Pawn Shop Today.”

Bullion contains the purest version of a precious metal. In the case of platinum, bullion is made of 99.95% platinum and carries the 999.5 stamp. Scrap platinum comes from anything lower than 999 fineness. Jewelers typically make jewelry with this level of purity. Jewelry made with this fineness carries a stamp of 950, 900, or 850. Because a buyer has to refine scrap platinum to a higher purity, offers for scrap will be lower than for bullion.

Yes, our platinum calculator calculates the value of scrap and investment-grade platinum bullion. Select the appropriate purity for your piece to get the most accurate valuation.

All of our calculators pull live, up-to-date spot prices of various precious metals. They use the purity, weight, and current spot price to provide you with an accurate valuation.

The spot price of all precious metals is constantly changing. Our calculators list the most up-to-date spot price of the listed precious metal by gram on their face. The widget to the right features a live-updating spot price for grams and ounces.

To calculate the value of your platinum, multiply the weight of your piece by its purity, then by the spot price. The calculator does this all for you. But if you’d like to do it manually, it will look like this.

Using 10 grams of platinum marked 950:

10g x 95% x spot price/g = melt value of platinum

After calculating the value of your item(s), request a free Appraisal Kit. We’ll send you an insured, prepaid kit to ship your platinum items to us for evaluation. Once received, our team will test and value your items and send you an offer. We will initiate payment the same day you accept your offer.

Request a Free Alloy Kit for Your Platinum Today!