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How to Buy Platinum Coins

Platinum coins offer a high-quality investment for coin collectors and anyone who prefers tangible assets. The current price of platinum will help determine how much the coins are worth at any given time, but in general, most are worth five to 10 times their face value. The United States Mint produces one-tenth-ounce, half-ounce, quarter-ounce and 1-ounce coins.

Things You'll Need

Coin guide
List of local coin dealers or precious-metal brokers

Instructions

- 1
  Research the types of platinum coins available from the United States Mint. Platinum coins currently come in denominations of $10 (one-tenth of an ounce), $25 (a quarter ounce), $50 (half an ounce) and $100 (a full ounce).
- 2
  Locate a dealer that sells platinum coins. There are various types of dealers available, including banks, coin dealers and brokerage firms that specialize in precious metals.
- 3
  Set a budget to purchase your coins. Since platinum prices vary on a daily basis, determine in advance how much you to want to spend for a specific number of coins.
- 4
  Study the precious-metal market to determine the best time to buy platinum coins. Collectors should invest when the price is low.
- 5
  Purchase your coins by placing an order with a broker or getting in touch with a coin dealer. Make sure to research the seller's expertise before making a purchase.

Coin Collecting