Platinum is a very rare metal – even rarer than gold. The main uses for the metal are in emissions control (catalytic converters) and jewellery. ABC Bullion stocks a wide range of platinum bars Platinum has become a popular jewellery metal, not only because of its rarity but because it never tarnishes and is very hard-wearing. Platinum tends to be more volatile in terms of pricing than gold. Some of our investors love to buy platinum bars as a way of keeping a balanced portfolio of precious metals. Show Please note: all bar, tablet and coin measurements listed are a guide only, slight variations may occur. All specified weights are exact. Except in the instance of the ABC Bullion 400oz gold cast bar, weight variations are accounted for in the individual pricing of each bar.
Advertisement 1 ounce Platinum Bar Platinum was officially discovered in the 1700s, although the pre-Columbian civilisations in South America are known to have used it in the 1500s to produce a white gold alloy. 18th century chemists referred to platinum as white gold. They thought it was a form of gold that was less malleable than yellow gold. They turned out to be wrong--platinum is extremely malleable when the right processes are used, and it is not gold at all. However, it does resist corrosion as well as gold does. By the late 1700s, chemists understood that this was a new element that had been previously unknown, and new methods of working with this metal led to its popular use. Spain's “Platinum age” lasted through 1808. Between 1776 and 1808, two chemists produces 18,000 troy ounces of malleable platinum. The process used to accomplish this was kept secret until 1914. Platinum bars come in a variety of sizes. The one ounce platinum bar is one of the most common sizes available. Bars from different mints are pressed according to the manufacturer's specifications, and different dimensions are used by different refineries. However, 1 ounce bars will weight exactly 1 troy ounce. This is the equivalent of 31.103 grams. Various mints also opt to add different designs to the reverse sides of the bars. Some feature elaborate logos, and others are simpler in design. Each bar has an inscription listing the weight, the fineness of the metal, and the name or logo of the mint where it was produced. These bars typically come with an assayer that certifies their authenticity. Platinum price Chart - Platinum bar 1 ounceChose the desired time period: All product ratings for 1 ounceUnfortunately there are no reviews for this product yet. Submit first rating now Advertisement Price comparison
Advertisement What is a bar of platinum worth?Platinum bars can also be purchased in single-ounce sizes. In this case, the weight in grams is 31.105. Therefore, the average price for a 1-ounce platinum bar is around $1,000, since you're getting more platinum for your investment.
Is platinum worth more than gold?Is platinum more valuable than gold? Platinum is generally valued higher than gold. This is because platinum is rarer than gold, has a higher density and is purer. Platinum rings require more platinum than gold rings require gold, which can increase the overall cost.
Are platinum bars a good investment?The rarity of platinum gives it long-term value, making it a good investment option for those who are looking to diversify their portfolios with precious metals.
How big is a 1 oz bar of platinum?Specifications. |
How much is a platinum bar worth?
Postagens relacionadas
direito autoral © 2024 cumeu Inc.
