16.08 troy ounces | 500 grams | .9995 Purity Platinum
Sellback price: 12,315.99
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 Valcambi platinum bars are 1,000 grams of .9995 pure platinum and guaranteed by Valcambi Suisse.
Each bar is stamped with its exact weight and purity, and bears 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.
Points computation: 1 bar = 160.80 points
Fixed Storage Fee
|6 months||58.15 USD *|
|12 months||116.30 USD *|
|24 months||232.60 USD *|
|36 months||348.90 USD *|
|60 months||581.50 USD *|
|Item||Cost Per Bar|
|Transfer-in and testing||70.47 USD|
* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.