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Buy Platinum Bullion

All American Eagle Coins are legal tender coins. Although their face value is largely symbolic, it provides proof of their authenticity as official U.S. coinage. The one-ounce platinum coin displays the highest face value ($100) ever to appear on a U.S. coin.

buy platinum bullion

The U.S. Mint does not sell bullion coins directly to the public. Learn more about platinum bullion coins or locate a bullion coin dealer. Prices are based on the market price of platinum, which fluctuates daily.

According to the insurance actuaries who evaluate them the professional bullion vaults are the safest place in the world to store gold, so insurance costs much less. We include it in your storage fee, which saves you money and a great deal of time.

BullionVault offers a marketplace exchange in accredited, pre-vaulted, privately owned, professional market bullion. You get to deal directly with another user who wants to sell when you want to buy, and vice-versa. You both save money by cutting out the middleman, both when you buy and when you sell.

BullionVault's robots usually quote prices in larger quantities than most clients do; sufficient to deal $2m worth instantaneously when world bullion markets are open. In normal circumstances they quote prices 24/7 and offer the most dependable and instantly accessible medium-size liquidity of any bullion trading environment anywhere in the world.

Finally we offer a special service for larger clients. They can telephone deal through us directly on the London Spot Market. During the London trading day they can deal whole bars of gold (400 oz multiples), half pallets of silver (16,000 oz multiples) or a minimum of 4 bars (18.66 kg) of platinum or palladium at the world market price.

BullionVault itself is the main user of this open-ended structure, which lets us manage our own inventory to act as a buffer between the smaller investment sizes typical of retail investors, and the larger settlement quanta of the professional bullion market.

However any BullionVault user who wishes to make or take delivery of 1 bar of gold (400 oz), a half pallet of silver (16,000 oz) or a minimum of 4 bars (18.66 kg) of platinum or palladium can use the same open-ended nature of the system by settling their professional spot market trades directly into or out of the vault.

Coins and small bars are normally 7% more expensive than gold on BullionVault. Dealers also tend to buy back at a discount of about 1%. BullionVault prices can be compared reliably against the published spot price. Our gold buying and selling prices are usually well within 0.2% of spot, and silver and platinum within 1%.

You have not made a deposit of gold to BullionVault. You are not BullionVault's creditor and do not appear on its balance sheet. Technically your gold, silver, platinum and palladium is the subject of a bailment - a legal status through which physical property remains yours while it is in the care of another. A liquidator cannot consider it an asset of the company, so would have no claim over it and must return it to you in full.

BullionVault's finances are very strong. Very few companies maintain debt free cash and bullion reserves - available at short notice - sufficient to cover the gross costs of running their operation for five years without any revenue. The standard equivalent requirement for the banking industry is 3 months.

BullionVault gold bars are all of known weight and purity, which exceeds 99.5%. As with the rest of the professional bullion market only the pure gold content (gross weight * purity) is traded and recorded. The gold in your BullionVault account is therefore 100% pure.

Silver, platinum and palladium are different. Good delivery silver and platinum bars are refined to 99.9% purity or better for silver and 99.95% purity or better for platinum and palladium and traded at gross weight. The good delivery silver, platinum and palldium in your account is at least 99.9% or 99.95% pure, respectively.

Your gold, silver, platinum and palladium are stored in formally recognised bullion storage facilities, managed by specialist vault operators who are leading providers of precious metal vault services and secure transportation around the world.

Professional market vault operators produce what is called a Bar List. It's a bit like a bank statement, listing the account holder's stock of bars, and showing both the silver, fine gold, platinum or palladium content of each bar and the total amount of bullion held. We publish the bar lists produced by the vault operators for BullionVault users' bullion.

BullionVault maintains the ownership records of all that bullion. Each day we publish online our daily register of owners, although we hide your identity by listing your holding against your alias. We also publish the total, and naturally the total matches the total on the bar list.

Your gold, silver, platinum and palladium are already safely in your chosen vault when you go online to buy. You pay the seller immediately with the cleared funds that you previously deposited into the BullionVault Client Money trust account. Your money becomes theirs, and their gold becomes yours. BullionVault guarantees that the deal, payment, and receipt of gold happen together, or not at all.

There is also a transparent public protocol. For a removal to occur a 'Withdrawal Declaration' must be published on the BullionVault website's front page 24 hours before the bullion moves. This declaration identifies by alias the holder who is making the withdrawal. Any user can then check the published register to see that the withdrawing user has at least the quantity of gold which is being declared for withdrawal.

Depending upon your tax jurisdiction if you sell your bullion at a profit it is likely that you'd be liable to a form of capital gains tax. For example, if an individual resident in the UK made profits exceeding 12,300 on gold in the 2020/21 tax year - and no matter which jurisdiction they had traded in - they would be liable to a self-declared liability of 20% on profits above the 12,300 allowance. Many other western countries have similar systems, with an allowance and a tax on gains thereafter payable at a flat rate.

Users often arrange to sell some of their bullion each year, but ensure that any profit they make stays within their allowance. While prices are rising this has the effect of providing tax free growth.

BullionVault gold, silver, platinum and palladium are all VAT (sales tax) free - for as long as they are held in accredited vaults. Gold generally remains exempt on withdrawal (though this may depend on the jurisdiction in which you live), but 20% VAT will apply if you choose to withdraw your silver, platinum or palladium bullion.

BullionVault gold, silver, platinum and palladium are all VAT (sales tax) free - for as long as they are held in our vaults. Upon physical withdrawal gold remains exempt, but 20% VAT then applies on silver, platinum and palladium.

Please note that we recommend avoiding overall investments below $2,000. That's because the minimum monthly storage charge - $4 for gold and $8 for silver, platinum or palladium - may make your investment inefficient below this level.

1 Our pricing is based off of the current TD bid and ask prices. The value of each product is dictated by the market price of gold, silver and platinum. Current market conditions may affect the value of each product and can change from second to second.

Platinum is revered both for its beauty and for its industrial properties. It represents a speculative investment, but platinum's unique supply and demand fundamentals have the potential to drive some spectacular returns.

Many investors are surprised to find platinum is even more rare than gold. In fact, platinum is so rare that all of the metal ever mined could fit into a room measuring 25 feet by 25 feet. This super-dense precious metal is more than twenty times rarer than gold.

Despite scarce supply, platinum prices recently fell below the gold price, an anomaly seldom seen in the past several decades. Gold's rise versus platinum is primarily due to its rediscovered use as a monetary and safe-haven asset during these inflationary times, but like gold, platinum is a tangible asset that can be owned in the form of bullion coins or bars. Perhaps, in the short run, investors underestimate the white metal's wealth preserving attributes.

Historically speaking, platinum has generally sold for around twice the price of gold. As recently as May 2008 platinum was 2.4 times the price of the yellow metal before the financial collapse took both metals down. Since then, platinum has lagged. Don't expect this period of underperformance to last forever.

With an overwhelming percentage of demand coming from the industrial sector - especially from its use in catalytic converters in automobiles - platinum is a more speculative investment than either gold or silver products. Investors should be prepared for more volatility, both to the upside and the downside. But those who can hang on for the ride may be richly rewarded.

Scarce platinum has always been extraordinarily difficult to find. Now it is getting exceptionally difficult to extract, once a deposit is located. Nearly three quarters of the world's supply for the metal comes from a single country - South Africa. The ongoing violence, labor disputes and power outages in South African mines, periodically disrupt production. It is not hard to imagine even more severe problems there creating a serious shortage and immediate price spike.

On the demand front, platinum's prospects are also bright. Despite the economic slowdown in many parts of the Western world, the future outlook for auto demand (and thus the demand for platinum) remains very strong thanks to a rising middle class in both China and India - where nearly 40% of the world's population resides!

The downside risk to owning platinum coins - compared to gold coins - is currently somewhat mitigated because the metal has already seen a major drop in value relative to gold. Investors comfortable with platinum's more speculative nature should consider diversifying a portion of their precious metals portfolio; the metal's risk vs. reward profile has rarely looked better. 041b061a72


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