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The platinum bar is retailing for $1,089.99 — if you can get it. The bar is only sold online, and Costco says delivery is unavailable in Nevada, Louisiana and Puerto Rico.
The retail giant now offers 1-ounce platinum bars for $1,089.99 exclusively to members via its website. This move is part of Costco's broader strategy to diversify its product lineup and ...
Costco’s New Platinum Bars. Following its success with gold, Costco recently introduced 1-ounce platinum bars for $1,089.99. These bars are 999.5 pure platinum, Swiss-made, and certified by the ...
Bullion coins' minting by national governments gives them some numismatic value in addition to their bullion value, as well as certifying their purity. American Platinum Eagle bullion coin One of the largest bullion coins in the world was the 10,000-dollar Australian Gold Nugget coin minted in Australia, which consists of a full kilogram of 99. ...
Bullion coins are government-minted, legal tender coins made of precious metals, such as gold, palladium, platinum, rhodium, and silver. They are kept as a store of value or an investment rather than used in day-to-day commerce. [1]
Experts posit that platinum is about 15–20 times scarcer than gold and approximately 60–100 times scarcer than silver, on the basis of annual mine production. Since 2014, platinum prices have fallen lower than gold. Approximately 75% of global platinum is mined in South Africa. [1]
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% ...
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]