Grow Your Coin Collection
Endeavor Metals stocks a variety of bullion coins so collectors and investors alike can find products from their preferred mints. If you’re planning to buy platinum coins, you can’t go wrong with any of the following options.
The universally loved Platinum American Eagle coin was designed by John Mercanti, an American sculptor and the twelfth Chief of Engraver at the U.S. Mint until his retirement in 2010. The Platinum Eagle proof coins are different from the other American Eagle coins, as they are not inspired by historic U.S. coins or U.S. figural representations. They are also the only U.S. proof coin that has a yearly alternating design of differing themes every few years.
In addition to iconic American coins, Endeavor Metals is a trusted platinum coin dealer that makes it easy for you to buy platinum coins from across the globe.
The Platinum Canadian Maple Leaf was introduced in the fall of 1988. And by the end of 1988, Ford Motor Company announced they were testing a new material other than platinum for their catalytic converters. This announcement posed a potential threat to platinum, as the automotive industry was responsible for nearly one-third of platinum consumption. However, it did not stop Canada’s demand for platinum, as they were ranked third in the world for platinum production in 1988.
Australia introduced the Australian Platinum Kangaroo in 2018. Since kangaroos are Australia’s most recognized animal, it gained significant success among investors and collectors seeking to buy platinum coins. Therefore, it replaced the platypus that was originally on the country’s platinum coins.
Europe’s widely popular Austrian Platinum Philharmonic began production back in 2016. In just four years, the mintage record surpassed its original debut sales by 5,000 more. You can find this in demand platinum coin right here at Endeavor!
List of Popular Platinum Coins
Investors choose to buy platinum coins at Endeavor Metals because they recognize our exceptional selection and competitive pricing. We take pride in being a trusted platinum coin dealer that stocks pieces from the most prestigious mints worldwide. Here’s a look at some of our best sellers.
American Platinum Eagle: The United States’ official platinum coin, the American Platinum Eagle became an instant classic upon its release in 1997.
Australian Platinum Kangaroo: First introduced by Australia's Perth Mint in 1988, the Australian Platinum Kangaroo features Queen Elizabeth II on the obverse and a bounding kangaroo surrounded by sunlight on the reverse.
Austrian Platinum Philharmonic: Those looking to buy platinum coins with beautiful designs would do well to consider the Austrian Platinum Philharmonic. Released in 2016, the coin’s obverse features the pipe organ found at the Musikverein's Golden Hall. The reverse features a variety of instruments used by the Austrian Philharmonic orchestra.
Canadian Platinum Maple Leaf: The Canadian Royal Mint introduced this platinum coin in 1988 as part of the well-received Canadian Maple Leaf series that started in 1979. The original coins were made from .9995 pure platinum. In 2009, a new version made from .9999 fine platinum was released.
Important Factors to Consider Before You Buy Platinum Coins
Prudent planning is the key to successful results when you buy platinum coins. Our goal is to be the go-to platinum coin dealer you can trust. That’s why we go above and beyond to make sure you’re making an informed purchase—every step of the way. Consider the following factors as you plan your acquisition.
- Platinum’s current spot price and recent performance.
- Economic conditions that could play a role in future price movements.
- Your outlook on industries that depend on platinum as a manufacturing resource, especially the automotive industry.
- Whether you’re looking for a short- or long-term hold.
- Your current holdings—should you diversify with other precious metals?
- Storage solutions for after you buy platinum coins.
- Tax implications: In the United States, platinum coins are subject to capital gains taxes if you sell after holding for one year.
Tips for Buying Platinum Coins Online
Investing in platinum coins is a simple process—simply purchase them online, just like any other product. That said, there are steps you can take to avoid complications. Follow these tips to ensure you buy authentic products at a fair price.
Research the Seller
Going through an established, trusted platinum coin dealer is crucial. Anyone can sell precious metals. So, the only way to be 100% positive that you’re purchasing genuine platinum coins is to buy platinum coins from a reputable dealer with a proven track record.
Endeavor Metals is a Tier 1 U.S. Mint bullion dealer with over 50 years of in-house experience. We have an A+ accredited grade on the Better Business Bureau and a 4.9 Google star rating. Shop from Endeavor Metals with confidence.
Learn More Here: How to Find the Best Precious Metals Dealer
Check the Seller’s Guarantees
It’s important that you have recourse options if you’re not fully satisfied with your purchase. If a seller doesn’t guarantee their products, there may be an underlying reason. Rest assured that when you buy platinum coins from us, your purchase is fully backed by our generous 7-day, 100% money-back guarantee, even if the platinum market has a downturn.
Invest in a Finite Asset
Platinum is famous for its rarity and brilliant beauty. But it is so much more than just a material for making luxury jewelry. There is a finite amount of platinum on earth, and recent technological innovations have increased the demand for this industrial resource substantially.
Many knowledgeable investors buy platinum coins because the metal is used as a crucial component in various modern industries. It is especially noteworthy for its use in catalytic converters in internal combustion engines.
Platinum is a noble metal, which means it is extremely resistant to chemical attacks. It is also incredibly resistant to corrosion, even at extremely high temperatures. To put it simply, platinum is one of the least reactive metals on the planet, and this stability makes it irreplaceable. The rising demand and diminishing supply makes platinum a very attractive investment vehicle for speculators.
Talk to a Trusted Platinum Coin Dealer
Endeavor Metals is an online and in-store dealer where you can buy platinum coins, as well as platinum numismatics, platinum bars, and platinum IRAs. Our in-house precious metals specialists are available to discuss your investment goals. Contact us now for a free consultation.
We have an A+ accredited grade with the Better Business Bureau and a 4.9 Google star rating. All Endeavor products are backed by our 7-day, 100% money-back guarantee.
We belong to numerous trusted organizations, including the Certified Acceptance Corporation (CAC), the American Numismatic Association, and the Industry Council for Tangible Assets. With over 50 years of experience, we have the knowledge and resources to assist you with your acquisition. Buy platinum coins to build your coin collection and diversify your investment portfolio.
FAQs: Platinum Coins
Is it safe to buy platinum coins online?
Buying precious metal coins online is just as safe as purchasing any other product online, but you must buy from a reputable platinum coin dealer. Before placing your order, research the dealer’s history, affiliations, and customer reviews. If something doesn’t look right, it’s best to move on.
Endeavor Metals is a Tier 1 United States Mint authorized precious metals dealer with 50+ years of in-house experience. We have a 4.9 Google star rating and an A+ accredited grade on the Better Business Bureau.
We’re members of multiple trusted organizations, including the Industry Council for Tangible Assets, the American Numismatic Association, the prestigious Silver Institute, and the Certified Acceptance Corporation (CAC).
Should I buy platinum coins or bars?
Both are great options. Platinum coins are very appealing because of their beauty and collectibility. However, some investors prefer platinum bars because they have a slightly lower markup. Bars are generally preferred by those who purchase platinum in larger quantities—buying one 10 oz bar is more economical than buying 10 one oz coins.
Why is platinum such a popular investment?
Besides its brilliant beauty that makes it a favorite material among jewelry enthusiasts, platinum has some unique properties. These include an extremely high melting point, corrosion resistance, malleability, ductility, and stability, making it highly demanded in various industries, with the automotive industry being the biggest.
Many investors buy platinum coins and bars because they foresee substantial growth in future demand.
What’s the difference between platinum bullion coins and platinum numismatics?
Not every platinum coin dealer stocks platinum numismatics. While they’re both coins, the value of numismatics includes other factors beyond their platinum content. Numismatics are collectible, low-population, and commemorative coins. Numismatic coin value is largely based on the coin’s market scarcity and demand, as well as its condition and corresponding grade.
Why is the price of platinum so volatile?
Out of all the precious metals, platinum’s price moves most dramatically. So, if you’re planning to buy platinum coins, you may want to watch the charts to find an ideal entry point. Platinum’s volatility is largely based on market demand.
For example, when automotive companies increase production, they’re naturally going to require more platinum. Additionally, most platinum is mined in South Africa and Russia, so geopolitical events can play a role in its availability and price.
Are United States Mint platinum bullion coins legal tender?
While they’re technically legal tender, the coins’ face values are significantly lower than their actual worth. For example, a one oz American Platinum Eagle only has a face value of $100. Don’t spend your bullion coins!
Are platinum coins taxed in the United States?
Before you buy platinum coins, you should be aware of the tax implications. All physical precious metals are classified as capital assets (collectibles) and are subject to capital gains taxes, but only if you sell them more than one year after the original purchase.
Can I add platinum coins to my precious metals IRA?
Yes, some of the most popular platinum coins are on the IRA-allowable precious metals list, including American Platinum Eagles, Australian Platinum Koalas, and Canadian Platinum Maple Leafs.