Platinum Bullion
Platinum Bullion
1kg Platinum Bullion Minted Bar
Bullion | 999.5 fine platinum
The Royal Mint Refinery (RMR) 1 kg platinum bar contains 1000g of 999.5 fine platinum. Bearing the distinctive RMR design, this one thousand gram 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 or storage in the Vault®.
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
1kg Platinum Bullion Minted Bar
| Specification | Value |
|---|---|
| Alloy | 999.5 Fine Platinum |
| Quality | Bullion |
| Pure Metal Type | Platinum |
| Pure Metal Content | 32.15 Troy oz |
| Fineness | 999.5 |
| Specification | Value |
|---|---|
| Bar Size | 40.00 mm x 79.00 mm |
| Bar Thickness | 15.28 mm |
