500 gram Platinum Bar - Secondary Market
Bullion
500 gram Platinum Bar - Secondary Market
This substantial bar contains 500 grams of platinum, which equates to 16.075 troy ounces of the precious metal. Struck with a high purity of 0.9995, each bar represents a significant concentration of an incredibly scarce element. Platinum is exceptionally rare, with global reserves being thirty times scarcer than gold. South Africa plays a dominant role in the global supply of this precious metal, holding an impressive 80 percent of the world's known platinum reserves. Because these bars are sourced from the secondary market, the specific designs on both the obverse and reverse sides will vary. Depending on the issuing mint, the bar may feature traditional assay marks, weight and purity stamps, or unique serial numbers. For example, some specimens may display classic European assay marks, such as the Valcambi Suisse stamp alongside the traditional "assayeur fondeur" inscription, which certifies the melt and assay of the metal. Exploring these secondary market bars offers a fascinating look at the diverse ways different refiners present this ultra-rare metal.
Fair market value
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Prices shown are estimated fair market values based on live spot prices and typical dealer ask premiums. They are provided for informational purposes only and are not an offer to buy or sell. The price a dealer will pay for an item (bid) is typically 10–20% below the values shown, depending on the item, its condition, and current market conditions.
Specifications
| Country | South Africa |
|---|---|
| Metal | Platinum |
| Weight | 16.0750 troy oz |
| Purity | .9995 |
| Diameter | 40 mm |
| Thickness | 6.9 mm |
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