Where to buy the cheapest platinum coins is a question often asked and with a little research it is possible to find this out.

Platinum is one of the rarest and most expensive of the precious metals. There are other precious metals more expensive but they are usually traded by specialists and industries. Platinum is also used in jewellery as well as industry and investment. Of the precious metals used for coins, jewellery and investment it has been said that gold is the prettiest, silver is the cheapest and platinum is the fanciest.

Platinum tends to be hoarded in large quantities by people like the Swiss but it is also used in industrial applications, such as spark plugs, chemical reactions, and catalytic converters. In fact, over 50% of annual platinum production is used in the automotive industry.

Platinum coins are to be found of course. They are manufactured by many of the world???s mints and they usually offer them direct to the public now. Of course you can find platinum coins at coin dealers and numismatic dealers.

The smallest cheapest platinum coin available is the Cat Coin (picture above). This platinum coin is one twenty-fifth of an ounce and contains a picture of a cat on it. It was issued by the Isle of Man.

Generally speaking though to buy the cheapest platinum coins you will have to go direct to the mints that produce them and catch them when they are first issued. Platinum coins tend to increase in value after they have been sold. Checking eBay and the various coin dealers will soon show the current prices of platinum coins.

The best mints to check are the US Mint, the Perth Mint (Australia) and the UK Mint. All produce platinum coins, usually mint, offering them at a premium of course.

Also it is possible to find cheaper platinum coins by doing a lot of research, checking various auctions for that potential bargain, numismatic clubs and associations.

Finding out where to buy the cheapest platinum coins is half the fun, and when you find the one you are looking for, the fun becomes very joyful indeed.

This entry was posted on Sunday, March 1st, 2009 at 10:31 am.