Investment Grade Platinum

Precious metals have been used as a store of wealth and medium of exchange for thousands of years. Platinum, like other precious metals, is recognized globally as a valuable commodity and can diversify an investment portfolio, potentially reducing overall risk. Precious metals often have an opposite correlation with stocks and bonds.

One of the reasons many choose to buy platinum is to further diversify an investment portfolio that already includes other precious metals. As an investment metal, platinum has a low correlation with other asset classes, which can be beneficial during extended periods of market volatility, stagflation, or with indicators signaling signs of recession. The current platinum spot price is positioned in a way that could lead to significant upside.

Platinum is rare. its supply is limited to a few key geographic regions, primarily South Africa and Russia. Any changes in mining output or geopolitical instability can significantly impact market prices. Similarly, demand for platinum in various industries, especially automotive, jewelry, and investment, can drive prices up or down.

During extended periods of high inflation, many investors look to precious metals to be an effective hedge against holding cash. Platinum can be used as a store of value and as a way to preserve wealth. As inflation continues to rise, the real value of paper investments like stocks can be negatively affected. However, as a tangible physical asset, platinum has a history of retaining value. All of the Platinum Group Metals (PGMs) including Palladium and Rhodium, offer investors an assortment of alternative choices for diversifying a precious metals portfolio.

Investors looking to diversify typically begin by narrowing their focus to a choice between buying platinum coins vs platinum bars.

Platinum Coins

Platinum coins are minted by various government mints. They are protected by law and considered legal tender in their issuing countries. Coins are available in different industry standard weights, such as 1 oz, 1/2 oz, 1/4 oz and 1/10 oz. Some of the leading choices include the American Platinum Eagle, Canadian Platinum Maple Leaf, and Perth Platinum Kookaburra. These coins are guaranteed by their respective mints to contain the exact specified weight and purity of platinum, making them a tangible and reliable investment.

Compared to bars, platinum coins carry slightly higher premiums. Government Minted Random Year platinum coins can provide huge savings with lower premiums compared to buying newly minted or specific year coins. Secondary market platinum coins are highly liquid because their value derives from their metal content rather than numismatic factors. Some of the cheapest platinum coins often include commemorative issues that are available from the US Mint, Royal Canadian Mint, Perth Mint and other well-known manufacturers.

The higher premium for coins also reflects their numismatic appeal, unique designs, collector demand, and mintage amount. These and other factors can add additional collectible or numismatic value beyond the intrinsic metal content.

Platinum Bars

Platinum bars offer one of the most cost-effective ways to buy platinum and they are available in a wider assortment of sizes. Bars are minted by private refineries and are minted with pure .9995 platinum. They come in a various sizes that can range from as small as 1 gram to as large as 1 kilogram. The lower premiums that are seen with platinum bars have much to do lower manufacturing and distribution costs. The most common investment purchase is the 1 oz platinum bar, which are issued by numerous refiners with a trusted lineage in the industry.

Fractional platinum bars are a practical way to diversify and are a lower premium alternative to coins. Gram size platinum bars provide investors with flexibility in choosing the specific weight that suits their investment goals and budget.

Cheapest Platinum Bullion

Compare dozens of trusted and reputable online bullion dealers to find the cheapest prices for popular investment-grade platinum bars & coins. This tool will display platinum bullion sorted by the cheapest platinum price per ounce over spot price. Investors interested in stacking for extra weight will look for the cheapest platinum bullion.

The FindBullionPrices.com listings display the prices per coin or bar. The price displayed is based on the single quantity purchase. Additional discounts may be offered by individual dealers based on quantity purchases.

Platinum IRA

Platinum can also be included in a self-directed Individual Retirement Account (IRA) as part of a diversified retirement portfolio. By opening a platinum IRA, investors can hold physical platinum coins or bars within the IRA, providing potential tax advantages while keeping a trusted store of value in their retirement savings.

Contributions to a Platinum IRA may be tax-deductible and can possibly offer other potential tax benefits. Typically, The growth of funds within the IRA is tax-deferred until you withdraw the funds during retirement. Roth Platinum IRAs, on the other hand, offer tax-free withdrawals in retirement, as contributions are made with after-tax dollars.

Including platinum in a retirement portfolio can provide diversification benefits, as it is a different asset class from traditional stocks, bonds, or cash and has its own unique supply and demand dynamics, which can offer additional protection against inflation and currency devaluation. Adding platinum to an IRA can help preserve wealth and hedge against economic uncertainties. It's always best to do thorough research and consult with a financial advisor prior to making investment decisions regarding IRA accounts.