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PLATINUMWhat’s so great about Platinum?Industry + Jewelry + Rarity = investment?Platinum has unique properties that make it especially useful in industry. In the automobile industry it is used as an exhaust catalyst to convert dangerous emissions to safe non-toxic substances. Automotive demand for platinum consumes about a third of platinum production.
Since the 18th century platinum has been popular in jewelry.
To view our limited supply of American Platinum Eagle coins - click here.Platinum in jewelryPlatinum does not tarnish or oxidize when exposed to air or water. This makes it especially attractive and durable in jewelry. (However, like gold it can be dissolved by exposure to certain acids.) This resistance to corrosion, beautiful silver-white metallic appearance, and rare properties make platinum’s use in jewelry all the more popular. Because of its hypoallergenic properties it is a good choice for people who suffer reactions from other metals or 14k (alloyed) gold.
Many famous jewels such as the Star of Africa and the Hope Diamond are mounted in platinum settings.
Platinum Jewelry pieces at Amazon - Add a piece of platinum jewelry to your holdings. Hundreds of special jewelry pieces - one of the web's largest selections of fine jewelry - and priced right - click here
to see our Statue of Liberty Platinum Eagle coins for sale. Platinum is rare.
Compared to most metals, both platinum and gold are rare. Platinum is often called the “most precious” metal or the
“rarest of the precious metals”. Everyone agrees that
Mining Platinum.Platinum is usually found naturally in deposits of small grains, dust, or small nuggets averaging 50-75% purity. Small amounts of it are acquired as byproducts of other mining. The industrial extraction of platinum is complex. The metal often is found in ores mixed with other metals such as palladium and gold. On average it exists on the earth’s crust at about 5/1000th’s of a gram per metric ton of earth.
Not only is platinum less abundant than gold, it found in only a few mine-able deposits on earth. Most platinum is mined in South Africa, Russia, and North America. South Africa produces over half (to 2/3rds) of the world supply. Russia is the next biggest producer. The North American mines are primarily palladium mines with platinum being a small percentage of the metal production. It takes about 10 tons of raw platinum ore to produce one pure ounce of platinum. |
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