Gold: $2343.90  Silver: $27.94  Platinum: $984.00  90% Junk $1 FV: $19.98  Gold/Silver Ratio: 83.89

Cheapest Platinum Bullion Prices

The Platinum bullion products listed here have the lowest platinum price per ounce premium over platinum spot price per ounce. These are the best platinum prices offered by major online bullion dealers with the lowest platinum premium.

Our closest to spot tools will help you search and find the best place to buy platinum coins, bars and bullion.

When you're looking to buy platinum bullion products our tools help you find the best deal online from trusted and reputable dealers.

Filter using the options below to display additional platinum bullion products and find the best price of platinum.

Best Platinum Bullion Price Search Options

Cheapest Platinum Fractional bullion products Results

Platinum Spot Price: $984.00 per ounce
Product  Dealer  P/oz over Spot  Lowest Price 
Valcambi 20 Gram Platinum Bar APMEX
Free Shipping @ $199
165.50
($106.42 per bar)
(+16.82%)
$739.13
Valcambi 10 Gram Platinum Bar Provident Metals
Free Shipping @ $199
181.79
($58.44 per bar)
(+18.47%)
$374.80
Pamp Suisse MULTIGRAM+25 x 1 gram Platinum Bars Fortuna .9995 Fine Aydin Coins and Jewelry 241.23
($193.89 per bar)
(+24.52%)
$984.80
2023 Kookaburra 1/10 oz Platinum Coin eBay  
Free Shipping Available
244.40
($24.44 per coin)
(+24.84%)
$122.84
Britannia 1/10 oz Platinum Coin eBay  
Free Shipping Available
266.00
($26.60 per coin)
(+27.03%)
$125.00
American Platinum Eagle 1/2 oz - Random Year eBay  
Free Shipping Available
315.90
($157.95 per coin)
(+32.10%)
$649.95
5 gram Argor-Heraeus Platinum Bar JM Bullion
Free Shipping @ $199
334.36
($53.73 per bar)
(+33.98%)
$211.86
2024 1/10 oz Britannia Platinum Coin BOLD Precious Metals
Free Shipping @ $199
355.20
($35.52 per coin)
(+36.10%)
$133.92
American Platinum Eagle 1/4 oz - Random Year eBay  
Free Shipping Available
396.36
($99.09 per coin)
(+40.28%)
$345.09
2022 Kookaburra 1/10 oz Platinum Coin eBay  
Free Shipping Available
406.00
($40.60 per coin)
(+41.26%)
$139.00
2023 1/10 oz Platinum Australian Koala Coin APMEX
Free Shipping @ $199
434.90
($43.49 per coin)
(+44.20%)
$141.89
Valcambi 5 Gram Platinum Bar APMEX
Free Shipping @ $199
445.87
($71.65 per bar)
(+45.31%)
$229.78
PAMP Suisse 1 Gram Platinum Bars Aydin Coins and Jewelry 469.50
($15.09 per bar)
(+47.71%)
$46.73
2022 Platinum Britannia 1/10 oz Coin APMEX
Free Shipping @ $199
609.90
($60.99 per coin)
(+61.98%)
$159.39
Pamp Suisse Platinum 5 gram bar Monument Metals
Free Shipping @ $199
691.98
($111.20 per bar)
(+70.32%)
$269.33
Valcambi 2.5 Gram Platinum Bar in Assay APMEX
Free Shipping @ $199
695.70
($55.86 per bar)
(+70.70%)
$134.88
1 Gram Platinum Bar - Secondary Market Money Metals Exchange 803.56
($25.83 per bar)
(+81.66%)
$57.47
1 gram Argor-Heraeus Platinum Bar JM Bullion
Free Shipping @ $199
940.11
($30.22 per bar)
(+95.54%)
$61.86
Valcambi 1 gram Platinum Bar APMEX
Free Shipping @ $199
1036.22
($33.31 per bar)
(+105.31%)
$64.95
Isle of Man 1/10 oz Platinum Noble APMEX
Free Shipping @ $199
1109.90
($110.99 per coin)
(+112.79%)
$209.39

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.