Sell your platinum. 88 % of the platinum value.

The number gives the platinum content in thousandths: 950 means 95 percent platinum, the rest are other metals that make the platinum harder. Pt is the chemical symbol for platinum, Plat the English abbreviation. 950 is the most common, 900 and 850 are rarer. Pieces with less platinum often name the second metal too, for example 600 Pt 350 Ir for 60 percent platinum and 35 percent iridium.

For gold and silver, the German Feingehaltsgesetz (Fineness Act) lays down how pieces are stamped; it does not mention platinum. In Germany a platinum stamp is therefore a maker's statement: German law has no stamping rule of its own for it and no official hallmark. In the United Kingdom and the Netherlands, approved assay offices also test platinum and palladium and apply their own hallmarks. We read the stamp as a pointer and confirm the material by measuring it.

We value platinum bars and bullion coins such as the Platinum Maple Leaf or the Vienna Philharmonic in platinum by the fine platinum they contain. Scratches, signs of wear or missing packaging do not reduce the value; we check dimensions, weight and material in front of you.

You hear the amount before you agree and receive it in cash or by bank transfer, including to a Dutch account, where it usually arrives immediately or within one working day. We only need ID if we pay out 2,000 euros or more in cash. In that case, Germany's Anti-Money Laundering Act requires a valid ID card or passport. The rule in detail is under ID requirement.

In Germany, platinum and palladium have the same holding period as gold. What that means for your sale is explained in our glossary under Selling gold and tax.