Monument Metals
Bullion Now
Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
1/2 oz Platinum Coin: frequently asked questions
-
The cheapest 1/2 oz platinum coin tracked today is $878.77, sitting around 4.6% over the $1,680.00 platinum spot price. The coin contains half a troy oz (15.55g) of platinum, so its metal value is approximately half the current per-ounce spot price. The premium varies by coin type and dealer.
-
Standard 1/2 oz platinum bullion coins are struck to 999.5 fineness (99.95% pure platinum), which is the benchmark purity for investment-grade platinum coins from major mints. Each coin contains 1/2 oz of platinum, equivalent to 15.5518g of fine metal.
-
Platinum has a smaller market than gold or silver. Fewer dealers carry platinum coins: 3 dealers list platinum coins on this site, compared to a much larger universe for gold. Bid-ask spreads tend to be wider and the secondary market is thinner, which can make resale slower. That said, well-known platinum coins from major mints (such as Platinum Maple Leafs or Platinum Eagles) trade more readily than obscure issues.
-
VAT treatment of platinum coins varies by country. In the UK, platinum coins are subject to 20% VAT (unlike investment gold, which is exempt). In Germany, platinum coins carry 19% VAT, though the margin scheme may apply to pre-owned coins. Canada levies 0% GST on investment-grade platinum. Always confirm current rules with your dealer.