50x 1 gram Platinum CombiBar™ - Valcambi (In Assay)
These 50 beautifully stamped 1 gram Platinum bars have a distinct advantage over larger Platinum bars. Each Valcambi CombiBar™ is produced with guides to let you precisely break off individual 1 gram Platinum bars for smaller investment options.
- Contains 50 grams (1.6075 oz) of .9995 fine Platinum.
- Each 50 bar CombiBar™ is presented in a sealed protective assay package that lists the weight and authentication of the bar by the assayer.
- Obverse: Each 1 gram bar features a single stamped Valcambi logo along with the weight and purity of each individual bar.
- Reverse: The entire combination of 50 bars depicts the unique serial number, along with full weight and purity.
- Valcambi is a leading Swiss refiner known for outstanding craftsmanship.
Made of splendid quality, these .9995 fine Platinum bars are produced by Valcambi, which has origins of more than 50 years in Switzerland. Add this one-of-a-kind Platinum CombiBar™ bar to your shopping cart today!
The history of Platinum by the Gram
Platinum, like that found in these 1 gram Platinum bars, was officially discovered and classified in the 18th century, but has been found in artifacts and jewelry of ancient civilizations. The Platinum price and value was not established prior to its official cataloging. Many civilizations considered Platinum worthless and an unwelcome intrusion when they were mining and working with Gold, with the indigenous people in the Americas even calling Platinum “unripe Gold.” Investing in Platinum became popular once its worth and rarity were recognized as Platinum grew as an investment tool and its use in industry expanded. During WWII, Platinum by the gram and ounce became so valued, the U.S. declared Platinum a strategic metal and its use outside of military applications was illegal.
Why invest in Platinum by the gram?
The Platinum price, because it is a rarer metal and is used extensively in industry, has historically been higher than the Gold price. Some believe that investing in Platinum when the Platinum spot price is lower than the Gold spot price may be a good way to add to investments. Platinum, like 1 gram Platinum bars, has a positive correlation to Silver and Gold, which means they move in tandem – when one price goes up, they all tend to go up. Because it acts like Gold, Platinum by the gram is often seen as a good option to balance out the paper investments in your portfolio.
Platinum demand for industrial uses drives up Platinum price per gram.
Platinum, like that found in 1 gram Platinum bars, has a number of industrial uses that boost demand for this rare Precious Metal. Platinum, including Platinum by the gram or ounce, is the rarest of all Precious Metals. The concentration of Platinum in the earth’s crust is only 0.005 parts per million, as compared with an element like aluminum with a concentration of 82,300 parts per million. Investing in Platinum is influenced by demand created by industrial use. Some of the top industrial uses for Platinum are as a catalyst in catalytic converters, transforming unburned hydrocarbons in the exhaust into carbon dioxide and water vapor, in the hydrogenation of vegetable oil and in the process of creating higher-octane gasoline. These are just some of the industrial uses that can drive up demand and, in turn, the spot price of Platinum.
When you buy Platinum, or any Precious Metal, you always pay a premium price.
The Platinum price you pay is not the spot price of Platinum quoted and updated constantly online. When you buy Platinum by the gram or ounce, in bars, rounds or coins, you are always also paying a premium Platinum price. From 1 gram Platinum bars to Platinum coins, buyers must pay a premium that includes fabrication, distribution, nominal dealer fees and any numismatic or collector value. When you are investing in Platinum and making a purchase, you will pay the premium price on top of the spot price of Platinum, so it is always good to follow the Platinum spot price to understand how your investment is moving.