Selling platinum bars is straightforward, but the steps vary depending on where you sell. First, confirm the authenticity, weight, and brand of your bar. Reputable refiners such as PAMP, Credit Suisse, Valcambi, and Johnson Matthey tend to receive higher sale prices due to their reputations and ease of authentication. Most bars include hallmarks, serial numbers, and purity stamps such as “.995 Platinum.”

Once you have identified your bar, check the current platinum spot prices to understand its melt value before shopping for a buyer. The Alloy Market includes platinum calculators to help you get an estimate of your bar’s value. When armed with this information, negotiation becomes easier because you can spot a low-ball offer.

Next, decide what you want out of the sale. Local shops and bullion dealers can provide a quote and pay right away, but may not be in the market to purchase platinum because it can be harder to sell. Pawn shops provide quick cash, but notoriously offer lower melt percentages than most other buyers. And while online marketplaces allow you to set your own price, they require much more work and often take weeks or months to find a buyer.

The simplest option is a mail-in precious metal buyer such as The Alloy Market, especially for platinum bars, which can be much harder to sell locally. We purchase platinum bars of all sizes and from all refiners, with no minimums or account required. Request a free, insured evaluation kit, ship your bars to us with tracking, and receive a detailed, transparent offer based on current market values. When you accept, we issue payment on the same business day. If you decline, we will return your bars at no cost.