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They are kept as a store of value or an investment rather than used in day-to-day commerce. [ 1 ] Under United Kingdom law, a bullion coin may be marketed as a coin if it is minted after 1800, is at least 900 thousandths fine, and are (or have been) legal tender in their country of origin. [ 2 ]
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Platinum price 1970-2022 Platinum price 1880–2011 Platinum price 1968–2012. Platinum is traded as an ETF (exchange-traded fund) on the London Stock Exchange under the ticker symbol LSE: PHPT and on the New York Stock Exchange as ticker symbols PPLT and PLTM [12] There are also several ETNs (exchange-traded note) available. [13]
Described as 999.5 pure platinum, the new bar is Swiss-made by a refiner that has earned the Good Delivery accreditation from the London Bullion Market Association (LBMA), an international trade ...
Platinum prices are stable year to date but have risen 14% over the past year. Costco is diversifying its precious-metals business by selling 1-ounce bars of platinum for $1,090.
Costco is again venturing into the precious metals market, expanding its offerings beyond the gold and silver bars it sold to great success. The retail giant now offers 1-ounce platinum bars for ...
Platinum finds use in jewellery, usually as a 90–95% alloy, due to its inertness. It is used for this purpose for its prestige and inherent bullion value. Jewellery trade publications advise jewellers to present minute surface scratches (which they term patina) as a desirable feature in an attempt to enhance value of platinum products. [80] [81]
Costco on Wednesday announced the 1-ounce platinum bars, on sale for $1,089.99 on its website alongside its now-famed gold bars and silver coins. ... The value of platinum has risen more than 15% ...