Product Details

Platinum Argor-Heraeus Bar - 1 kg

32.15 troy ounces | 1,000 grams | .9995 Purity Platinum

As low as

28,421.26 USD

Tier USD
Tier 1 28,614.16
Tier 3 28,517.71
+10 bars
Tier 5 28,421.26
+32 bars

Sellback price: 26,427.91

  • Out-of-Stock


Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river". Platinum is one of the rarest elements found in the Earth's crust with annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated as South Africa accounts for over 80% of the world production.

The 1 kg Argor-Heraeus minted platinum bars are 1,000 grams of .9995 pure platinum and guaranteed by the Argor-Heraeus.

Each bar is stamped with its exact weight and purity, and bears the Argor-Heraeus logo, an internationally recognized symbol of quality and sound provenance. The 1 kg platinum bar is one of the biggest sized platinum bar products in the market, thus premiums are one of the lowest. Each bar is encased and sealed in soft plastic sleeves.


Pricing Details:

Points computation: 1 bar = 321.50 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot
Buy/Sell
Spread
1
-
28,614.16
28.614
890.00
4.09%
7.64%
3
3000
28,517.71
28.518
887.00
3.74%
7.33%
5
10000
28,421.26
28.421
884.00
3.39%
7.01%

Storage Fees

Duration Fixed Storage Fee
Per Bar
6 months 117.06 USD *
12 months 234.11 USD *
24 months 468.22 USD *
36 months 702.33 USD *
60 months 1,170.55 USD *

Other Services:

Item Cost Per Bar
Transfer-in and testing 142.60 USD

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