Best Value 1oz Platinum Bullion Coin
Bullion | 999.5 Fine Platinum
Our best-value 1oz platinum bullion coins offer you the chance to buy a 1oz platinum bullion coin at the lowest price from The Royal Mint – the UK’s home of precious metals.
We will select a 1oz platinum bullion coin from varying dates, enabling you to invest in platinum for less. Our best-value 1oz platinum bullion coins are sold solely on the basis of their platinum content, rather than any numismatic or collector value, and may contain scratches, dents and other marks.
Please note, you may not receive the exact coin as pictured above. Our best-value 1oz platinum bullion coins feature a range of portraits and designs (excluding Britannia). Therefore, you are likely to receive a bullion coin that we have available and in stock.
Best Value bullion coins are randomly selected from the stock available at a single point in time. If you purchase multiple single-capsule Best Value bullion coins in a single order, you may receive bullion coins with a mix of designs and dates or the same dated bullion coin multiple times.
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.
Can I spend/pay using my bullion coins?
All UK coins, whether circulating or non-circulating, are authorised as “legal tender” by Royal Proclamation, in accordance with the Coinage Act of 1971.
Legal tender allows UK coins to be accepted for payment of debts in court – but, only circulating legal tender coins are designed to be spent and traded at businesses and banks. The Royal Mint creates commemorative and bullion coin series to celebrate key moments or individuals, and these are treasured for their collectable and aesthetic value, or purchased for investment opportunities. However, these non-circulating, commemorative and bullion coins are limited edition and will not enter general circulation – meaning banks and businesses are not required to accept them.
For more information on legal tender guidelines see: www.royalmint.com/aboutus/policies-and-guidelines/legal-tender-guidelines
Specification
Best Value 1oz Platinum Bullion Coin
| Specification | Value |
|---|---|
| Denomination | Multi |
| Alloy | 999.5 Fine Platinum |
| Quality | Bullion |
| Year | Randomly Selected |
| Pure Metal Type | Platinum |
| Specification | Value |
|---|---|
| Pure Metal Content | 1 Troy Oz |
| Fineness | 999.5 |
| Packaging | Single Coin Capsule |
