Platinum
Best Sellers
Platinum Britannia – 1/10 oz (Year Varies)
$161.36
20 gram Platinum Bar – Valcambi (Carded)
$968.25
1 oz Platinum Bar – Valcambi (Carded)
$1,484.17
1 oz Platinum Eagle – BU (Date Varies)
$1,531.13
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Platinum – add durability to your portfolio
Platinum is a precious metal that has a fascinating and relatively recent history compared to gold and silver. While it was known to pre-Columbian civilizations in South America, particularly the indigenous peoples of modern-day Colombia and Ecuador, it was not recognized or widely used in Europe until the 18th century.
Archaeological findings show that platinum was used by South American natives as early as 1200 BCE, often in combination with gold to create decorative items. These early artisans lacked the technology to melt platinum, which has a very high melting point, so they worked with platinum dust or naturally occurring platinum-gold alloys.
Spanish conquistadors encountered platinum in the alluvial gold deposits of the New World in the 16th century. They dismissed it as a nuisance and called it “platina,” meaning “little silver,” believing it was an immature form of silver.
In 1735, Spanish scientist Antonio de Ulloa is credited with bringing samples of platinum to Europe. Over the next century, scientists such as Carl Wilhelm Scheele and William Hyde Wollaston studied the metal more thoroughly, leading to its isolation and purification. Wollaston developed a method in the early 1800s to produce malleable platinum, which opened the door to its industrial applications.
By the 19th and 20th centuries, platinum had found a place in both industrial technology and luxury goods. It became a symbol of wealth and sophistication, especially in jewelry during the Art Deco period.