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| Product | /oz | Premium | Price | |
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$1,922.57 | +15.33% | $192.26 | View Deal |
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1/10 oz Platinum Round: frequently asked questions
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Platinum is one of the densest metals (around 21.45 g/cm3), so weight is the primary check: a genuine 1/10 oz round should weigh 3.1104 grams. A magnet test eliminates base-metal fakes, as platinum is non-magnetic. Acid testing with a platinum-specific reagent gives a chemical confirmation. For small generic rounds with no assayer mark, buying from an established dealer and requesting a purchase receipt adds an important layer of protection.
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A generic platinum round is a privately minted bullion disc with no issuing government, no face value, and no legal tender status. A platinum coin, by contrast, is produced by a national mint (such as the US Mint or the Royal Mint), carries a nominal face value, and is legal tender in its country. Rounds typically trade closer to spot price; government coins usually carry higher premiums due to their official backing and wider recognisability.