The Platinum Bullion Melt Value Calculator can tell you the total platinum value of a
single platinum coin, round, bar, or ingot; or a combination of different types and quantities of
platinum items. The platinum value is figured based on the total weight of platinum content. The
platinum calculator only shows what the platinum metal is worth (intrinsic value), but not any
numismatic (collector) value of your platinum bullion.
Use the platinum calculator to learn how much your platinum bullion is worth, or to figure what
you are looking to pay based on the spot price for an ounce of platinum.
You might also like to try one of the many other calculators from the drop-down menu above.
For your platinum scrap items, you may want to take a look at the
Scrap Platinum Melt Value Calculator. There is also a
Scrap Palladium Melt Value Calculator, and a
Scrap Gold Melt Value Calculator.
Platinum Price per Troy Ounce:
Platinum Spot Price Last Updated on Server:
Total Platinum Value:
Total Platinum Weight
How to use the Platinum Melt Value Calculator.
Enter the total amount of coins, rounds, bars or ingots for each platinum item, based on its
actual platinum weight. Enter your numbers in the text boxes located directly to the right of
that item's corresponding unit of weight. You could also just click on that row's
platinum weight image, or its link, to increase the value in its text box by 1. The calculator
will automatically update the Total Platinum Value (in red), whenever a change is made
to the number of platinum items.
The Total Platinum Value is determined based on the U.S. Dollar amount provided in the Platinum
Price text box. You could also use one of the other major world currencies available in the
drop-down menu located underneath the prices. The default price is updated frequently during normal
trading hours. You may change the Platinum Price to specify how much you'd care to pay per
ounce for the platinum contained in any combination of platinum items. This can help you to
establish the maximum bid you could provide for an online platinum bullion auction.
In addition to the Total Platinum Value (in red), the platinum calculator will also compute a Bid
and Ask price based on the amount displayed in the Price Spread text box. This amount defaults to
5%, but can be changed if you wish. The platinum Bid and Ask prices are shown in the lower tier of
the platinum results box, for those who have an interest in them.
If your platinum item is alloyed with another metal, you can use the Bullion Purity text box to
adjust accordingly. Simply enter the item's percentage of pure platinum by weight, and all
resultant values will be multiplied by that percentage value.
The platinum calculator tallies total platinum value and total platinum weight proportionate to the
measure of platinum content in items that haven't any wear from handling. A platinum coin or
round that does have some wear will not have as much platinum. You may want to fill in a percentage
of that wear in the "Amount of Wear" text box. A figure greater than the default of 0
(zero), will decrease the total platinum value and total platinum weight results accordingly.