There’s a precious metal on the marketplace today that is lighting the charts on fire and setting price records, and it isn’t the one you think. Although gold grabs all the headlines, platinum is quietly make a comeback among investors and collectors as everything from coins and rounds to investment-grade bullion bars hit the market. Today, Silver.com offers the 1/10 oz Platinum Baird Mint Bar for purchase.
- Consists of one-tenth troy ounce of .9995 fine platinum.
- Bears a mirror-like finish, with rough, frosted appearances around the edge.
- Struck by the Baird Mint in London.
- Ships in brand-new condition sealed inside plastic packaging, complete with an Assay card.
Gold and silver prices have been on the rise in recent years due mostly to uncertainty within the stock markets of the world. Platinum prices are on the rise as well, reaching highs that have drawn new refining operations into the industry and convinced established mints and refineries to restart platinum product striking.
However, the rising price of platinum is due more to its demand across a variety of industries. While gold and silver are used primarily in the precious metals marketplace, platinum is used in everything from catalytic converters in cars that prevent toxins from being expelled by the engine, to surgical and medical tools used in healthcare and dental settings.
On the obverse face of the 1/10 oz Platinum Baird Mint Bar you’ll find the name of the mint, “Baird & Co.,” along with an engraving that reads “Bullion Merchants, London.” This side also includes markings of the bar’s weight, purity, and metal content.
Platinum bars are increasingly popular not just for their higher prices, but also for their more affordable premiums compared to gold and silver products. The lower premiums are aided by both lower prices, comparatively, for platinum and the small size of bars such as this Baird Mint 1/10 oz Platinum bar. The smaller weight makes it easier for more investors to purchase products without having to invest a significant amount of money.
Baird Mint was founded in 1967 as Baird & Co. The business originated as a numismatic coin dealer, and today includes bullion investment coins and bars in its lineup, and has earned a listing with the London Bullion Market Association.
We encourage you to contact a Silver.com associate at 888-989-7223 with any questions. You will also find us online using our live web chat and email services. If you are interested in similar products, be sure to check out our full selection of Platinum Bars.