Platinum Jewelry Value to the Best Platinum Jewelry Buyer in Las Vegas & Henderson, NV

Platinum is a precious metal that is both expensive and long-lasting. Unlike other white metals that can yellow or tarnish over time, platinum’s rich and white luster will never fade or tarnish. It belongs to the noble and precious metals group. Because of the chlorine and other chemicals in it, it is corrosion and discoloration-resistant. This feature contributes to getting the best platinum jewelry value during valuation. This is made possible by the excellence and competence in service delivery of the best platinum jewelry buyer in town which is the Nevada Coin Mart. This is exactly the place where to sell your platinum jewelry in exchange for great cash! 

Because of its strength and white luster, platinum has become increasingly common in jewelry, whether as a setting for diamonds and gemstones or as a piece’s focal point. In fact, platinum jewelry is a wise investment because of its long-lasting properties due to the element’s weight and density. Platinum is indeed a long-lasting jewelry metal – a non-corrosive metal that can surely hold precious stones securely in place.

However, platinum, like all precious metals, does scratch. A scratch on a platinum piece, on the other hand, is simply a displacement of the metal; there is no loss of volume. However, it can affect the desirability of a platinum item. In addition to its durability and density, platinum has another remarkable quality, and that is versatility.

Ultimately, platinum is a rare and valuable precious metal that symbolizes true love, purity, rarity, and strength. It has qualities that are similar to the concept of real, eternal love. Platinum engagement rings, wedding bands, and anniversary rings are worn all over the world to symbolize everlasting love. So, if you have one, go now to Nevada Coin Mart for the best platinum jewelry value.

Brief History

Platinum was discovered in 1557 by Julius Caesar Scaliger, an Italian-French physician. Spanish conquistadors discovered a white metal in Ecuador’s rivers in 1590. The name “platina,” or little silver, was given to it, and it was thrown back into the river to ripen into silver. As a platinum replacement, white gold was “invented” in Pforzheim, Germany, in 1912. Its properties drew the attention of a Swedish chemist named Scheffer, who named platinum the seventh element discovered in 1751. He was also the first to melt platinum successfully. 

The ancient Egyptians were believed to be the first people to use this white metal in jewelry, but it was only a hundred years ago that it became widely known. Despite undergoing many experiments with the help of some South American Indians over 1000 years ago, news of a new white metal with unusual properties did not reach Europe until the fifteenth and sixteenth centuries, after the Spanish conquest of the New World. Louis XVI of France proclaimed platinum to be the only metal appropriate for royalty because he was so certain of its unique qualities. Since then, Kings, Queens, and Czars in Europe and Russia in the late 1800s have been adorning themselves with each and all platinum.

In the early 1900s, platinum’s popularity spread to the United States, enthralling the American public. During World War II, however, the United States government designated platinum as a strategic metal, banning its use in jewelry. Towards the end of the war, platinum had almost become a lost craft.

Platinum Jewelry Value

The following factors are considered in determining your platinum jewelry value:

Purity. This refers to the amount of real platinum in your jewelry or item. The remaining parts are made of a platinum-blend alloy. The greater the percentage of platinum in your jewelry, the more valuable it is.

When determining the purity of platinum jewelry, look for a marking on the piece. The symbols on your platinum piece will be 850, 900, 950, or 999. These are known as hallmarks, which indicate the purity of the platinum. If the sum is higher, the platinum is purer. To make sure your platinum isn’t silver or white gold, look for the letters PLAT or PT in addition to these numbers. A house-shaped marking on the metal may also be a sign that the platinum is genuine.

Weight. The weight factor comes into play because platinum is sold by the ounce. It’s easy to calculate how much platinum you have. You’ll just need a scale that can measure down to the tenth of a gram to get started.

Spot price. Platinum is available for purchase on the open market, which means that its price is influenced by supply, demand, and other market factors. The price fluctuates because it is bought and sold 24 hours a day, seven days a week. Click here to learn more about it: https://www.kitco.com/charts/liveplatinum.html

Where to Sell Platinum Jewelry

The best platinum jewelry buyer in any condition from any producer is Nevada Coin Mart. So, if you have been holding onto platinum jewelry for a few years, now is the time to bring it to our store and sell it for top dollar. You will definitely get the best platinum jewelry value at our store. We buy platinum jewelry in a wide range of styles and shapes. 

Using a state-of-the-art spectrometer, we will provide you with a free quote for your piece. With the finest customer service, you will undoubtedly get the most out of your transaction with us. Our team will assist you through the whole process of valuation. You will be directed to a private booth together with one of our staff members and experts. They will discuss with you as to how your items will get the right price during the valuation.

The Las Vegas Review Journal has recognized our integrity and excellence in service delivery by honoring us with three Best of Las Vegas awards. This recognition only proves how dedicated and committed our reputable establishment is in responding to the public’s needs when it comes to jewelry-buying. 

Hurry now and check our store to experience the best customer service that we are known for. We can be reached at 702-998-4000 or visited at 4065 S. Jones Blvd, Las Vegas, NV 89103. We are open from 9 AM to 6 PM every day of the year. We promise that you will get the most outstanding customer service for which we have been known for many years. So, instead of wasting time, do not sit on your platinum jewelry. Sell them now to the best platinum jewelry buyer-  Nevada Coin Mart!

References:

https://www.jewelers.org/education/jewelry-metals/platinum-jewelry-guide

https://www.mygemologist.com/learn/jewelry-metals/platinum/