Platinum alloy with 95% platinum content. Usually hallmarked "950".
| Metal | Share | Spot (USD/ozt) | Per gram |
|---|---|---|---|
| Platinum | 95% | $1,621.00 | $49.51 |
| Base Metal | 5% | not priced | — |
| Total per gram of 950 platinum | $49.51 | ||
"Base metal" is the unspecified alloying metal (usually copper, zinc or nickel); it is worth too little to count.
| Weight | In grams | Melt value |
|---|---|---|
| 1 gram | 1 g | $49.51 |
| 5 grams | 5 g | $247.55 |
| 10 grams | 10 g | $495.11 |
| 1 pennyweight | 1.555 g | $77.00 |
| 1 troy ounce | 31.104 g | $1,539.95 |
| 100 grams | 100 g | $4,951.05 |
Melt value of the metal alone. Weigh the whole piece and subtract stones and other materials first.
This is the melt value: what the platinum in 950 platinum is worth at today's spot price and nothing more. A gram of 950 platinum contains 95% pure platinum, so its melt value is 95% of the platinum spot price per gram. It ignores craftsmanship, brand, stones and any collector value.
Buyers pay less than melt. Scrap buyers, pawn shops and refiners deduct refining costs and their margin, so an offer is usually a percentage of the figure above and varies with quantity, purity and the buyer. Use this page to know what the metal is worth before you accept one.
To value a real piece, weigh it, subtract any stones, and let the workspace do the math. Read how the calculation works.
Opens the add-item wizard with 950 platinum preselected. Free, no account needed.