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: $48.97
Per Ounce: $1523.14
Per Kilo: $48970.64
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

Sell Your Platinum with Alloy

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

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Sell Your Platinum with Alloy

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

SEND MY FREE KIT

Common Questions

How Much Is Platinum per Gram?

The current price of platinum is about $48.97 per gram, based on live market data from global exchanges. Platinum prices update throughout the day as trading activity shifts worldwide. Use the calculator above to estimate the melt value of your platinum jewelry, coins, or bullion by weight and purity.

How Much Is Platinum per Ounce?

Platinum is currently trading around $1523.14 per ounce, according to live market data from MetalPriceAPI. When the spot price of platinum, or any precious metal, is listed per ounce, it refers to a troy ounce, the standard unit used in precious-metal markets. One troy ounce equals about 31.1035 grams.

Current Platinum Prices by Fineness (850, 900, 950, 999.5, 999.9)

48.97 1523.02
Fineness Purity Price per Gram Price per Ounce
850 85% Loading… Loading…
900 90% Loading… Loading…
950 95% Loading… Loading…
999.5 (Bullion) 99.95% Loading… Loading…
999.9 (Spot) 99.99% Loading… Loading…

What Is Scrap Platinum?

Scrap platinum refers to any platinum that is no longer in use, wearable, or in its original form, yet still retains value due to the precious metal content it contains.

Typically, scrap platinum has a purity level between 85% and 95%, often marked with stamps indicating purity levels such as 850, 900, or 950. When a gold buyer purchases this scrap platinum, they sell it to be melted down and/or refined into pure platinum, which is then reused or sold again.

What Is Platinum Bullion?

Platinum bullion refers to investment-grade platinum that refiners have refined to the highest purity, typically with a fineness of .999 or .9995.

Investors collect bullion for its ability to hold its value. Common examples include one-ounce platinum bars from well-known refiners such as Pamp Suisse or Valcambi, as well as coins like the American Platinum Eagle. These pieces are highly liquid and easy to authenticate, making them a preferred form for both investors and precious-metal collectors.

Is This Calculator a Scrap Platinum Calculator?

Yes, this platinum calculator is both a scrap platinum calculator and a platinum bullion calculator. Select the appropriate purity for your piece to get the most accurate valuation.

Sell Your Platinum with Alloy

Once you’ve used our Platinum Calculator to calculate your platinum’s value, the next step is simple. Request a free Alloy Kit and receive your detailed offer based on live market prices. Read below for more information, or request your kit now.

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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

Trustworthy & Newsworthy

Clients Nationwide
Love Alloy

  • Working with Alloy has been a great pleasure! Very fair offers, super-friendly customer service, and amazingly quick payouts! Their honesty is by far greater than any other service I’ve used.

    L.G.
    Deltona, FL

  • The selling transaction was easy with a rapid response from this company. They worked with me to come up with a very reasonable payout. I am very impressed with this company and their offer. 

    Patrice
    Boise, ID

  • Dropped off the package for FedEx on Tuesday, received an offer on Thursday, and it’s in the bank today. Easy Peasy.

    Jennifer
    Chicago, IL

  • I’m so glad I found Alloy. It was convenient, fast, and very fair. After visiting three different dealers, I took a chance on Alloy, and it was worth it! I will recommend everybody to their company. I’m so grateful.

    Janice
    Houston, TX

  • The whole process from the very beginning to the end was straightforward and smooth. Alloy’s prices were higher than those of a well-known pawn shop in my town. I accepted the offer on Friday afternoon and received my cash by Monday. I will certainly recommend this company and do business with them again.

    Lenny
    Denver, CO

  • Holy crap, it’s legit! I was shocked by the response time I got from them, saying they received my item. They made an offer, and I took it. It was $30 more than a pawn shop. Absolutely, I will recommend and will definitely tell my family and friends! Thank you!

    Kelly
    Austin, TX

  • This was the best company I have ever dealt with. They were easy, quick, and appreciative of my business. The best is their personal and professional help.

    Stephanie
    Seattle, WA

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

Alloy gold selling appraisal kit
STEP 1
Request a Free Alloy 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.

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

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

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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.”

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.

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!

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