• Securily packaged
• Certified
• Tradable world wide
• Customer rating: 9.7

This 1 troy ounce platinum bar contains 31.103 grams of 99.95% fine platinum and comes from accredited producers, such as Valcambi Suisse. The image is indicative, we supply platinum bars from several LBMA accredited producers that are on the "Good Delivery list."

Specifications

Physical properties

Net weight The net weight is determined by multiplying the gross weight with with the purity.	1 troy ounce
Purity and metal type	99,95%  |  Platinum

Origin

Meltery

Divers

Price properties

Selling price	€ 911,00 (€ 752,89 excluding VAT)
Metal worth	€ 905,88
Price per gram The price per gram is determined by dividing the sales price by the net weight.	€ 29,29
Premium The premium is determined by substracting the metal worth from the sales price.	€ 5,12
Investment score	Investment-score: B-label
VAT-rate	Taxable Goods

Information

1 troy ounce platinum bars from various producers

This 1 troy ounce platinum bar contains 31.103 grams of 99.95% fine platinum. We supply platinum bars from various producers, the picture is indicative. It is not known in advance which producer you will receive, however, all producers are on the LBMA Good Delivery List and therefore these bars are easy to trade and you are assured of the weight and content of the bars. At The Silver Mountain we only buy and sell LBMA accredited producers.

VAT and platinum

Platinum is considered a commodity. For that reason, platinum should usually be taxed with 21% VAT. An exception applies to the platinum coins, because these coins also have a certain collector value and therefore may be sold under the margin scheme. We sell all platinum coins under the margin scheme.
 
The price of these platinum coins includes 21% VAT. Important to note is that you cannot reclaim this VAT if you buy the platinum bars as a private person. For that reason we also offer platinum bars in combination with storage, because these bars are stored in a bonded warehouse you do not have to pay VAT.

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Featured

• Contains 1 troy ounce (31,103 grams) 99,95% platinum
• From various LBMA producers
• Including 21% VAT

Investment score

This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.

Label information

Investment-score: A-label More information Less information

Investment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.

Investment-score: B-label More information Less information

Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.

Investment-score: C-label More information Less information

Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.