Sell platinum jewellery – Pt950, Pt900 and wedding rings
A platinum piece is worth its fine weight times the rate of the day: weight times fineness, usually 950 thousandths. And because platinum is heavier than gold, there is more metal in a small ring than you would think.
- Platina 999
- €37.54/g
- Platina 950
- €35.69/g
- Platina 900
- €33.82/g
Pt950, Pt900 and Pt850: what the stamp says
Modern platinum jewellery nearly always carries the stamp Pt950: 950 thousandths of pure platinum, made up with alloying metals such as iridium, ruthenium, cobalt or copper. Older pieces, especially from before the eighties, are often Pt900; on chains Pt850 occurs as well, because that alloy is a little harder. Sometimes only PT or PLAT is stamped, and on American work from the middle of the twentieth century IRIDPLAT – platinum alloyed with iridium.
For us a stamp is an indication, not proof. We check the fineness with an X-ray analysis, in front of you and without damaging the piece.
Heavier than white gold – how to tell them apart
Platinum has a density of 21.45 grams per cubic centimetre; pure gold sits at 19.3 and the usual white gold alloys considerably lower. A white gold ring of the same size therefore weighs noticeably less – put two comparable rings side by side on a kitchen scale and the difference shows at once.
The colour gives it away as well. White gold owes its white shine to a thin layer of rhodium; when that wears, a yellow tinge shows through. Platinum is white through and through and stays that way – at most it grows a little duller the longer it is worn.
There is nothing wrong with a matt, dull platinum ring. That soft sheen is called patina and belongs to the metal. For the material value it makes no difference; so do not have the ring polished up first.
Wedding rings
Platinum was the metal for wedding rings for decades, precisely because it is so hard-wearing. A plain wedding ring is a simple valuation for us: weight times fineness times the rate of the day. That the ring has been narrowed, bent or engraved changes nothing about that.
Because platinum is heavier than gold, a platinum wedding ring of the same size weighs more than a gold one – and you see that back in the offer.
Settings with stones
Platinum holds stones exceptionally well; many diamond rings therefore have a platinum head. If there is a stone in your piece, our gemmologist assesses it apart from the metal. You see two amounts side by side and get the sum of them.
If you would like to keep the stones, say so beforehand: we take them out free of charge while you wait.
How the price comes about
With platinum the sum is the same as with gold: the fine weight – the pure platinum in the piece – times the rate of the day, less our margin. A ring of 8 grams with a Pt950 stamp contains 7.6 grams of pure platinum; that figure times the gram price on our platinum price page gives the order of magnitude of the offer.
The valuation is free and without obligation, the analysis happens in front of you, and after agreement payment follows straight away: smaller amounts in cash, larger amounts within 24 hours by bank transfer.
The hallmark in your jewellery sets the price; what each purity fetches is listed under Platinum by alloy. Broken or incomplete pieces need no separate treatment – they fall under Old platinum.
Not sure about your item? Book a free valuation or view all platinum prices for today.
How much of the market price you receive
| What you sell | You receive | For a larger lot |
|---|---|---|
| Platinum bars | 94% | – |
| Platinum 950 | 91% | – |
The percentage applies to the fine metal it contains: 18-carat jewellery is 75% gold. The difference from 100% is our margin. It is shown openly here for each type, and comes from the same setting used to calculate every price on this site.
Why XGOUD is a reliable buyer of gold and silver
- Open margins: the table above shows, for each type, how much of the market price you receive, so every price on the site can be checked.
- Market price from Swissquote, refreshed every minute. Every price shows the time of the last update.
- Since 1992 in the buying trade, with 45 locations in the Netherlands and Belgium.
- Registered with the Dutch Chamber of Commerce (KvK) under number 95774297, with its head office at Piuslaan 26 in Eindhoven.
- Free, no-obligation valuation: you only decide once you know our offer.
- 4.8 out of 5 on Trustpilot, based on 54 reviews
How to sell your platinum jewellery
From walking in to being paid usually takes less than half an hour.
Bring it in
With or without an appointment, at any of our 45 locations. Please bring valid photo identification.
We establish the metal
White metal cannot be told apart by eye. With X-ray analysis we see whether it is platinum, palladium, white gold or silver.
Weighing and working it out
Weight times fineness times the rate at that moment. If there are stones in it, we value those separately.
Paid out straight away
In cash or by bank transfer. Larger amounts reach your account within 24 hours.
Platinum price per alloy, today
Platinum is expressed in alloys. In jewellery 950 occurs most often; industrial platinum is often purer still.
| Alloy | Hallmark | Purity | Per gram | Per 10 grams |
|---|---|---|---|---|
| Platina 999 | 999 | 99.9% | €37.54 | €375.35 |
| Platina 950 | 950 | 95% | €35.69 | €356.94 |
| Platina 900 | 900 | 90% | €33.82 | €338.16 |
| Platina 850 | 850 | 85% | €31.94 | €319.37 |
Purchase prices based on the current platinum rate of €41.29 per gram, updated every minute. Prices are indicative; we establish the definitive purity at the counter.
How customers look back on their sale
„On Saturday we went to see Ken at the head office in Eindhoven. What a pleasant and honest man! 2 of our 3 kids came along, which was no problem. He explained everything well and knew what he was talking about, so the children also found it interesting to listen and didn't get bored with the 'grown-up' stuff. It was immediately clear how many grams it was and which calculation went with it. He even advised us to visit other companies as well; it was our own choice to go straight for xgoud, and we would do it again. I received the amount for the gold jewellery I handed in today.”
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„Helped very well in Eindhoven and received a really decent price! It was a good €500 more than the competitor. Friendly, honest, transparent and open. No smart suits and expensive premises, just honest and pleasant service. Thanks again!”
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„Xgoud is a no-nonsense little company that, instead of an elaborate entourage, simply offers good service and above all a good price. Think at least 10% more than the slicker buyers at the top of the search engine.”
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„Last Friday I went to XGoud in Eindhoven without an appointment. Helped by Ken. The service and advice were excellent. Ken saw straight away what carat the gold was. Another important point: you get a good price. I had also looked at other gold buyers, but they came out much worse.”
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„Very trustful, honest and open negotiation. I deep recommend and is not necessary go far away to get a fare and honest trade. I will return in case needed.”
„Great service from Ken and Esther. There were some problems with the bank regarding the transfer, but this was neatly resolved. Good daily price, and I recommend everyone to go here!”
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„Xgoud in Eindhoven is really worth recommending, with a good price. I called several shops and asked what I could get per gram for my gold at that moment; most of them couldn't tell me and said I should just make an appointment. Then I came across xgoud through their website and called them, asking whether any costs or commission would be deducted from the price on the website. The answer was no: you get the price per gram shown on the website at that moment. I made an appointment and sold my gold there the same day. A very nice man, no fuss or expensive suits and ties, who knows his stuff. He also gave me some tips, for example how to test a scale with a 10 euro cent coin, which should always weigh 4.10 g. One more tip: stay away from the gold exchange office in Weert, they quickly notice when you don't know much about it. The offer I got there was hundreds of euros lower than at xgoud.”
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„Great service and good advice. And 100% transparent communication!! You get the best price for your gold at XGold.”
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„Very friendly and helpful. Treated fairly and everything was clearly explained. Got a good price for my gold.”
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„Transparent, knowledgeable, professional.”
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„Good communication. Arranged quickly and professionally. Good price! I can recommend it.”
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„I'll start by sharing my experience at the Goud-Wissel office in Eindhoven, where I initially ended up on the advice of an acquaintance. I already found it strange that their website didn't tell me roughly what I would receive per gram [in my case 18-carat gold] for the jewellery I wanted to sell. When I came in, the introductory questions felt like a kind of check on whether I knew what I was talking about. Even more: it gave me the creeping feeling that this conversation would be directly linked to the amount they would offer me for my gold. As a layman, I admitted that the generally known current gold price was my only 'knowledge'. What followed was a whole story about the broad concept of this valuation and a list of elements that made it logical that the buying price came nowhere near it. I had to realise that the basic costs of the gold exchange office: rent / fittings / staff / outsourced melting etc. were taken into account [read: deducted] from what was paid out to the customer at the bottom line. After testing, I was then offered 4,000 in short order. I had seen on a website that X-Goud also has a branch in Eindhoven, and it turned out to be almost around the corner. The owner happened to be there because the premises were being fitted out, but even though I had no appointment I was still received very warmly. After a clear, expert, no-obligation explanation and testing, Ekin named a rather different buying price compared to the Goud-Wisselkantoor where I had been an hour earlier. And luckily I had left to look for a kind of second opinion. X-GOUD bought my jewellery for 7,150!!!!!!!! A GOOD 3,000 MORE! Sorry for the long-winded build-up, but this piece really should have been written entirely in capitals so that everyone clearly reads how, in my view, to put it politely, they rip you off right to your face at the Goud-Wisselkantoor. Ekin, thanks again for your friendly service... a pity you couldn't offer coffee yet haha, but the offer for my jewellery more than makes up for it.”
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„It took a while before we could make an appointment with Ken, but when he visited us at home we hit it off straight away. Ken explained very clearly how he could assess the different metals. He gave us a very good price. We also had a pleasant conversation with this likeable man.”
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„Keeps his appointments. Good and fair prices. Friendly. A good partner to do business with.”
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„It felt right from the very first contact. Because of how busy it was, it took a little while before we could actually make an appointment, but today everything was neatly settled: no hassle or strange rules, just a fair, good price. We had a nice chat too. I'm very satisfied and will certainly contact Ken again in the future.”
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„Making an appointment took a bit of juggling, because Ken is a busy man, but it was absolutely worth it. He gives a fair price based on the actual daily value and takes the time to explain everything clearly. Transparent and reliable. Definitely recommended!”
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„Meeting up was a bit of a problem at first. But that was made up for with a sincere apology and the price offered for the items I brought. Recommended. In short, fine.”
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„It was a bit difficult to make an appointment, because the owner is always busy and on the road. But in the end I was helped very well and expertly. Everything was clearly explained, and at XGoud I really got the highest price for trading in a gold piece of jewellery!! Very satisfied with how it was handled.”
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„Good price and honest advice. Ekin is likeable and reliable.”
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„Had a small problem with the communication. Afterwards they called me properly, made an appointment and everything was neatly resolved. The company takes responsibility and sorts things out in a relaxed atmosphere 👍”
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„Because of a traffic jam the first appointment didn't go ahead, but the owner kept his word and came to my home. Got a really good price. What a difference from other buyers! A very busy man, but he absolutely keeps his word. A truly reliable company. I can recommend this company to everyone!”
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„Great service and very good contact, keeps appointments well and is very friendly!”
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„XGOUD's service is unmatched! Selling my gold jewellery went quickly and efficiently, and I got a great price. The gentleman even took the time to explain everything step by step. I can't recommend XGOUD enough!”
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„To sell a number of pieces of jewellery and watches, we took them to Ken at Xgoud and to several similar companies. Our conclusion is that at Xgoud the openness, the time taken for advice and of course a high real-time price gave us a good feeling about selling our items there. It went more than fine. Thank you!”
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„Good prices, a decent gentleman who keeps his appointments. I recommend this company to everyone!”
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„Made an appointment quickly and easily and completed the transaction. Also a very enthusiastic and reliable entrepreneur you can have a nice chat with.”
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„Really good service, nice man, fair price for your gold and immediate payment. I recommend XGoud to everyone.”
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„They are transparent about their prices in advance. Sometimes a bit hard to reach, but once you have the appointment, very correct and honest. And a nice price.”
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„I was a bit sceptical at first, because it was my first time. But in the end it was a pleasant meeting with Ken, in line with what we had agreed beforehand. We quickly reached a deal. Meeting at the agreed location was great too. Very good price. Would do it again!”
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„Despite the small amount of gold, just 2 small coins, I got a good price. Paid out in cash without any problem. Thanks Ken, good deal.”
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„Did good business with Ken, received a good price and everything was handled as agreed, and I quickly received the remaining amount in my bank account.”
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„A very pleasant experience with Ken, a good, fair price-quality ratio, so there will definitely be a next time. Theo Schuiling, Rotterdam.”
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„Good and honest advice / price.”
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„Pleasant contact, appointment at the office or simply at home. Everything was handled quickly and professionally, as agreed.”
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„Was able to do business in a very pleasant way. Good price for my gold. Very reliable, comes to your home, very friendly. Cash on the nail. Definitely recommended.”
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„Ken from XGOUD is honest and gives the best price for your scrap gold. Definitely recommended. Regards, Shahab”
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„Good communication & correct handling.”
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„Very friendly, they come to your home, no pushiness, just honest and reliable.”
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„Good communication, smooth handling, in short a pleasant experience.”
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„Fast and clear contact, absolutely good service👌 Recommended”
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„No idea how it is with gold, but with diamonds you shouldn't come here! They have a calculator on their website that is supposed to give a good idea, but they offered 4x (!) less... not to mention how long it took before I got an offer! Next time I'll just go to Belgium again.”
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„Made an appointment via the website. I was called to agree on a place and time. On arrival we got a clear explanation, and Ken from XGoud took his time to value all the pieces. The price he offered, without obligation, was the price as stated on their website. The payment went smoothly too. A very good experience.”
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„Very fast & friendly service. You also get a fair price for your gold and leave with a good feeling!”
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„Good service, and honest”
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„Very pleasant and fast service. Good, clear explanation, truly recommended. I'll be coming back here more often!”
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„A really great company with a good approach, and immediate cash for my gold jewellery 👍🏻”
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„Good, fast service. Old gold jewellery I never used anyway, exchanged at the current high gold price, because I also needed money and this was a quick way to go, with no regrets.”
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„Reliable / honest shop. The buyer is service-minded and leaves room for negotiation towards a win-win for both parties. Recommended!”
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„After visiting 2 jewellers and searching the internet for gold buyers, I chose XGoud. The description of XGoud on the website was very clear. The various buying prices for gold and gold coins were listed at the buying prices current at that moment. A very transparent business. I made an appointment. Indeed not a modern shop, but a friendly and very skilled buyer. He calmly and clearly explained how the carat was determined and how the weighing took place. Then I was asked whether I agreed with the valuation and the amount. After that, everything was put in writing. The financial settlement went fine. (At 2 jewellers I had had a gold 10-guilder coin valued. Their price was a good €50 lower. I would get a bit more for it if I bought other jewellery for that amount.) XGoud is truly recommended. Next time I would definitely choose them again. 30/07/20 Arnold, Sliedrecht”
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„Xgoud is the right place for all your gold, jewellery and coins. It is very transparent, and he gives the maximum amount for the gold you offer. The difference between the valuation and reality (without stones, movements etc.) was minimal, and the difference could be discussed. So recommended without reservation. Top.”
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„Good service and honesty. Recommended! I'll keep coming back here!”
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„A fine, reliable company. Gives a fair price for your gold and jewellery.”
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„Pleasant and friendly service. Got a fine price.”
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„I sold my necklace. He came to his shop especially for me when it was closed. I'm very satisfied with him and with the price I got.”
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More about platinum jewellery
A message as soon as platinum reaches your price
Currently €41.29 per gram. Tell us at which price we may send you a message – we check every minute.
Questions about selling platinum jewellery
My ring has no stamp. Can it still be platinum?
Yes. When a ring is made smaller the stamp sometimes disappears with it, and older pieces were not always stamped in the first place. We establish the metal free of charge with an X-ray analysis, while you watch, and you hear the result at the table.
How much is a platinum wedding ring worth?
The fine weight times the rate of the day: a ring of 6 grams with a Pt950 stamp contains 5.7 grams of pure platinum. The current gram price is on our platinum price page and is exactly the same at the table, so you can work out the order of magnitude in advance.
Is a platinum wedding ring worth more than a gold one?
That depends on the rate of today and on the weight. The rates of gold and platinum have crossed each other several times over the years, but a platinum ring does weigh more at the same size, so the outcome differs per piece.
What does Pt850 in my chain mean?
It means the piece consists of 850 thousandths of pure platinum. That alloy is a little harder than Pt950 and is therefore used above all for chains, clasps and other parts that have to stand up to wear. We simply settle on that fine weight at the rate of the day, so a lower fineness does not mean we will not buy the piece.
My platinum ring has gone dull. Does that push the price down?
No, and above all do not have it polished again before selling. That soft matt sheen is patina and belongs to worn platinum; unlike gold, platinum hardly wears away but rather moves the material about. We settle on weight and fineness, not on the shine, so polishing gains you nothing.
What happens to the diamond in my platinum ring?
Our gemmologist values it separately. You see the value of the platinum and of the stone apart from each other, and only then do you decide. If you would like to keep the stone, we take it out free of charge while you wait.
What identification do I need in order to sell?
You need valid photo identification: a passport, identity card or driving licence. We are legally required to record your details when buying precious metal, jewellery and watches. Without valid identification we are not allowed to buy anything.
When do I receive my money after the sale?
You receive your money as soon as you have agreed to the valuation. Smaller amounts are paid in cash; larger amounts reach your account by bank transfer within 24 hours. You sign the purchase receipt first, and payment follows.
Is your question not listed? Ask it below, call 085 060 3009 or go to contact.
A question about platinum jewellery?
Ask it here. You will receive a personal reply by email, usually within one working day – no automated message and no phone call you did not ask for.
- An answer from a valuer, not from a template
- We keep your question so that you need not repeat anything
- No sales pitch afterwards
Sources
Where you can verify what you have just read.
- LPPMThe London market that fixes the platinum and palladium price
- WaarborgHollandThe Dutch assay office that verifies fineness and strikes hallmarks
- Waarborgwet 2019The law itself: which finenesses exist and what must be hallmarked
Curious what your platinum jewellery would fetch?
Book a free valuation at a location near you. No obligation, and you will know exactly where you stand.