Platinum’s Current Price per Ounce

Is your investment even worth the paper that it happens to be printed on? By looking at the stock market these days, probably not. The one consistent winner in times of economic trouble are metals like platinum bullion. But don’t invest blindly, watch and know the daily value of an ounce of platinum – in bar or coin form. A shrewd investor watches for temporary dips in the market price of bullion bars to load up – so be alert!

Below you will find the last 24 hour price movement for one troy oz of platinum:

A little less common and slightly harder to find is platinum bullion, investment grade. Below is a collection of the latest auctions on eBay.

1/2 oz Platinum Bars and Coins

Savvy investors have known and trusted investment grade bullion like platinum over the ages. The main reason to buy platinum bullion bars is to maintain true diversification in your portfolio. But before you buy you need to make sure that you are getting the best deal possible. One of the greatest places to get great deals on 1/2 oz platinum bars, coins and rounds.

Below you will find some of the best deals available currently on eBay for 1/2 ounce platinum bullion.

What is Platinum Bullion?

Platinum, one of the most expensive of the precious metals, is a soft silver/white precious metal that looks very similar to palladium and silver but is whiter in appearance. It gets it’s name from the Spanish term platina del Pinto – which for you language enthusiasts is literally translated into meaning “little silver of the Pinto River”.

Platinum is an extremely rare element on this planet. It is found in only approximately .003 pbb (parts be billion) in the Earth, making platinum about 30 times more rare than gold. It is scarce even among the precious metals. New mining totals only 5 million troy ounces a year. In contrast, gold mine production runs approximately 82 million ounces a year, and silver production is approximately 547 million ounces. With it’s innate rareness and lack of wide scale mining platinum trades at higher per-unit prices than other metals (roughly twice the value of gold).

One of the most common and easiest ways to invest in Platinum is to purchase Platinum bullion coins or bars. To name a few their are Platinum Eagles (minted and struck in the US) and the Platinum Maple Leaf (minted and struck in Canada). Since these bars and coins run at twice the value of gold it is usually advisable to purchase the bullion in 1/4 oz and 1/10 oz denominations. This requires less financial outlay plus smaller sizes are easier for you to sell if needed.

Find great deals on Platinum Bullion on eBay

2008 American Eagle Platinum

While one of the most expensive bullion coins you can buy platinum is a great hard currency to buy in times of economic uncertainty. The official US Mint American Eagle Platinum bullion coins are available in 4 sizes: 1 oz, 1/2 oz, 1/4 oz and 1/10 oz – each certified containing 99.95 percent pure platinum.

Representing the Judicial Branch the reserve side of the 2008 American Platinum Eagle is the third design in the new series. Beginning in 2006, the reverse design has featured an image emblematic of one of the three institutional foundations of our American democracy – the Legislative, the Executive and the Judicial branches. This year’s design features Lady Justice; in her right hand, the scales representing the delicate balance of the law. Her left hand holds a sword, which signifies the power that is held by the justices making the decision. The bald eagle in the background is featured watching over our firm foundation of democracy.