Multigram Platinum

PAMP Suisse Multigram Platinum Bars

The PAMP Multigram is a divisible bar format consisting of interconnected small ingots that snap apart individually, each retaining its own sealed CertiPAMP assay certification. Produced by PAMP Suisse (Produits Artistiques Metaux Precieux), an LBMA and LPPM-accredited refinery based in Ticino, Switzerland, the Multigram concept was originally developed for gold but extends to platinum in several weight configurations from 1g to 25g.

The platinum Multigram solves a practical problem for investors who want both the security of professionally refined, individually certified bars and the flexibility to sell or gift portions of their holdings without liquidating an entire large bar. Each individual bar within the Multigram sheet carries the Lady Fortuna design on the reverse, PAMP's signature motif depicting the Roman goddess of prosperity, and bears its own serial number, weight marking, and Essayeur Fondeur (certified assayer-refiner) stamp on the obverse.

PAMP was founded in 1977 and was the first refinery to put an artistic design on a bullion bar. The company's LPPM accreditation is particularly relevant for platinum products, as several jurisdictions (notably Singapore) require LPPM-accredited origin for platinum bars to qualify for investment tax exemptions. PAMP processes precious metals at industrial scale and is part of the MKS PAMP Group, a global precious metals firm.

The platinum Multigram occupies a niche between the gifting/entry-level market served by individual small bars and the investment market dominated by 1 oz platinum bars. The snap-apart format's per-gram cost falls between buying individual small bars (more expensive per gram due to individual packaging) and buying a single larger bar (cheaper per gram but less divisible).

Multigram Platinum Denominations and Specifications

All platinum Multigram bars are 999.5 fine (99.95%), matching the LPPM Good Delivery minimum and the universal standard for investment-grade platinum. This purity meets the tax exemption thresholds in all major markets: Canada (99%), Australia (99%), New Zealand (99%), Singapore (99% with LPPM accreditation), and the US IRS standard for precious metals IRAs (99.95%).

Each individual bar within a Multigram sheet is sealed in its own section of the CertiPAMP tamper-evident packaging, with a unique serial number and assay certification. When bars are snapped off the sheet, each separated piece retains its fully sealed CertiPAMP card. This means a bar removed from a Multigram set is functionally identical to a standalone PAMP bar of the same weight: dealers accept them at the same value.

The Multigram Portfolio variant, available as a 4-metal set (gold, silver, platinum, palladium), includes 2.5g platinum bars alongside the other three metals. This format targets buyers who want exposure to all four precious metals in a single purchase.

Tax Treatment of PAMP Multigram Platinum Bars

PAMP Multigram platinum bars receive the same tax treatment as individual platinum bars of equivalent purity in each jurisdiction. PAMP's LPPM accreditation strengthens the bars' eligibility for exemptions that require accredited-refiner origin.

United Kingdom: Platinum bars attract 20% VAT on purchase, with no exemption regardless of purity or manufacturer prestige. All PAMP platinum bars are CGT-liable on disposal, as bars are never CGT-exempt in the UK. UK buyers seeking tax-efficient platinum should consider the Platinum Britannia coin, which is CGT-exempt as UK legal tender, or VAT-free vault storage options that defer the 20% charge.

United States: PAMP platinum bars are IRA-eligible through most custodians, as they meet the .9995 purity requirement from an LBMA/LPPM-accredited refiner. Outside retirement accounts, gains are taxed at the collectibles rate of up to 28%. The Multigram format's divisibility can be useful for partial liquidation within an IRA, though custodian rules vary on handling snap-apart products.

Canada: GST/HST-exempt at 99.5% purity. RRSP-eligible through approved custodians. PAMP bars are widely recognised by Canadian precious metals dealers.

European Union: Platinum bars attract standard VAT rates across member states (17-27%). No EU-wide platinum exemption exists, unlike the Investment Gold Directive that covers gold bars. Switzerland applies 8.1% VAT to platinum.

Australia: GST-free at 99% purity in investment form. The Multigram qualifies. CGT applies with a 50% discount after 12 months.

Singapore: This is where PAMP's LPPM accreditation matters most. Platinum bars from LPPM-accredited refiners at 99% or higher purity qualify as Investment Precious Metals, exempt from the 9% GST. PAMP bars meet this requirement definitively. No capital gains tax applies.

Hong Kong: No sales tax, import duty, or capital gains tax on platinum in any form.

Multigram vs Other Small Platinum Formats

The PAMP Multigram competes in the fractional platinum bar market, where it offers a unique combination of divisibility, individual certification, and digital authentication that no rival product fully matches.

The Valcambi CombiBar is the closest direct competitor in concept: a snap-apart bar from a Swiss LBMA-accredited refinery. Valcambi CombiBar platinum configurations are available in various sizes, and the per-gram pricing tends to be slightly lower than PAMP's. The CombiBar lacks Veriscan-equivalent technology, so authentication relies on the physical assay card and Valcambi's hallmark rather than a digital verification system. For cost-conscious buyers who trust the sealed packaging, the CombiBar offers good value.

Individual PAMP platinum bars (non-Multigram) in sizes from 1g upward carry the same Lady Fortuna design, Veriscan security, and CertiPAMP packaging. The per-bar cost is slightly higher than the equivalent weight from a Multigram sheet, because each standalone bar requires its own individual packaging production. The Multigram format's efficiency comes from manufacturing and packaging multiple bars in a single process.

The Argor-Heraeus Kinebar offers an alternative security approach: a Kinegram holographic element embossed into the platinum surface. The Kinegram is optically self-verifying (no app or scanner needed), contrasting with Veriscan's digital database approach. Kinebars are not available in a snap-apart format, so divisibility is not a feature.

Standard LPPM-branded platinum bars from Heraeus, Metalor, and other refiners offer the lowest premiums per gram but lack both the themed design elements and the advanced authentication features of PAMP products. For buyers focused purely on accumulating platinum weight at the lowest cost, an unbranded or minimally branded 1 oz bar from any LPPM refiner is the most efficient route. The PAMP Lunar platinum bars combine investment metal with collectible annual zodiac designs, at a premium above the Lady Fortuna equivalent.

The Multigram's core advantage is that it straddles the gap between "buying small for flexibility" and "buying large for efficiency." A sheet of twenty-five 1g bars costs less per gram than buying 25 individual 1g bars, while offering the same snap-off convenience when you need to sell or gift individual pieces.