Sell Your Platinum Pt & Pm at ALLU Today!

Sell Your Pt and Pm Platinum at ALLU

The purity of platinum is generally expressed by the symbol ‰, which stands for per mille. Simply put, per mille is a unit based on a ratio of one thousand, meaning it is ten times a normal percent (based on a ratio of one hundred). The grade of pure platinum, 1000/1000, is written as Pt1000. As the purity decreases, so does the Pt value: Pt950, Pt900, Pt850, and so on.

In Japan, platinum jewellery is limited to grades Pt850 and upward, meaning that 85% or more of the jewellery’s composition is pure platinum. However, lower-grade platinum products such as Pt750, Pt585, and Pt505 have also appeared in the market recently. Lower-purity platinum is still beautiful and therefore loved by many consumers. At ALLU, we actively make offers for lower grades of platinum as well as higher grades and everything in between.

Platinum, used commonly for jewellery, medical devices, and industrial chemicals, is resistant to acid and can be mixed with other metals to increase its strength. This lends it well for use in auto manufacturing and flute making. Almost all platinum is mined in South Africa, and the amount in circulation is incredibly small, approximately 5% of that of gold. Platinum tends to be quite expensive due to this scarcity, and although it may not be as ubiquitous as gold, its price remains stable, making it an ideal metal to hold onto for a long time.

Platinum’s current selling price is relatively high, making now an ideal time to sell. At ALLU, we assess high and low purity platinum products and use our wealth of experience to offer customers the most competitive rates. Feel free to contact us by phone or visit our locations whenever convenient. We are looking forward to serving you.