Product Details


LPPM 160 oz Good Delivery Platinum Bar

LPPM 160 oz Good-Delivery platinum bars are usually used in settlements on international exchanges. These platinum bars are produced by reputable LPPM-accredited precious metal refiners and are usually not sold to the retail market. LPPM Good Delivery platinum bars tend to offer the lowest premium for investors keen to buy platinum bullion. Being a partner of WPIC ourselves, we have access to great volume prices and offer some of the best prices in Singapore!

 

THE PRICE WILL ONLY BE CONFIRMED WHEN THE BARS HAVE ARRIVED AND WE KNOW THEIR ACTUAL WEIGHTS.

 

THE BARS WILL BE ASSIGNED WITH THEIR ACTUAL WEIGHTS ONCE WE HAVE RECEIVED PAYMENT FOR THE ORDER.

LPPM Good Delivery bars have the following characteristics:

  • Premiums per oz are usually the lowest in the industry and all bars always come with a serial number
  • Good delivery bars are usually readily available in larger quantities compared to retail bullion and tend to offer the best volume liquidity
  • Premiums are not as volatile as coin premiums, making them a particualrly good choice when smaller retail bullion is scarce
  • The manufacturer must be on the LPPM Good Delivery list and more info about LPPM Good Delivery bars can be found here.

 

Bar(s) available in STAR Storage by weight:

These bars are tax-free in Singapore and you will receive a photograph.

For bars that are shipped to our vault as initiated from a customer's previous vaulting location (whether purchased from us originally or not), a DUX inspection on each bar will be conducted as we do with our standard parcel transfer-ins. However, they will not be packed in parcels as the transparent parcels are not strong enough to withstand the weight. Instead, the bars will be identified by a manufacturer code and serial number and will have a DUX Tamper Proof Label on the bar that links to the online DUX Inspection Results.


Pricing Details:

Points computation: 1 bar = 1,607.50 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
222,142.87
44.429
1,381.89
4.50%
11.16%
3
3000.00
221,490.61
44.298
1,377.83
4.19%
10.90%
5
10000.00
220,838.35
44.168
1,373.77
3.89%
10.63%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (105,201.12 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.3% per annum (Interest: 460.25 SGD)
    • 6-month loans at only 4.8% per annum (Interest: 2,498.53 SGD)
    • 12-month loans at only 5.5% per annum (Interest: 5,786.06 SGD)
    • 24-month loans at only 5.5% per annum (Interest: 11,572.12 SGD)


Storage Fees

Duration Fixed Storage Fee
Per Parcel
6 months 792.1129 SGD
12 months 1,584.2257 SGD
24 months 3,168.4515 SGD
36 months 4,752.6772 SGD
60 months 7,921.1287 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 965.00 SGD

* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.