Platinum Bullion
Platinum Bullion
1 oz Platinum Bar Minted
Bullion | 999.5 fine platinum
The Royal Mint Refinery (RMR) 1 oz platinum bar contains 1 oz of 999.5 fine platinum. Bearing the distinctive RMR design, this one-ounce platinum bar is protected in serialised security packaging printed with a unique serial number matching the number imprinted in the platinum bullion bar to act as a certificate. This bar is available for free UK delivery.
All platinum bars are subject to VAT at 20%.
How are bullion prices calculated?
The 'buy' and 'sell' prices shown on the website represent the market value of raw vaulted metal in an 'unallocated' form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the 'spot price' (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Specification
1 oz Platinum Bar Minted
| Specification | Value |
|---|---|
| Alloy | 999.5 Fine Platinum |
| Quality | Bullion |
| Pure Metal Type | Platinum |
| Pure Metal Content | 1 Troy oz |
| Fineness | 999.5 |
| Specification | Value |
|---|---|
| Bar Size | 24.00 mm x 41.00 mm |
| Bar Thickness | 1.52 mm |
