Please note that image is an example only. This product will ship with an assay but may feature an alternative design or packaging.
Often overshadowed by the prominence of gold and popularity of silver, platinum precious metals are quietly growing in catalogs at mints and refineries around the world. Platinum products are increasing in number right now, and among the most popular are platinum bullion bars. Right now, Silver.com offers the 1 oz Engelhard Platinum Bar for purchase in brand-new condition.
- Consists of one troy ounce of .9995 fine platinum.
- Obverse features the Engelhard logo.
- Reverse contains the Engelhard brand name in a repeating design.
- Eligible for Precious Metal IRA accounts.
- Struck at a private mint in the United States.
Platinum is increasingly popular in the production of bullion precious metal bars because it is one of the least reactive metals known to mankind. The metal possesses a remarkable resistance to corrosion, even at high temperatures.
The vast majority of the world’s platinum is sourced from South Africa. Naturally occurring along with nickel and copper ores, in addition to native platinum-only deposits, roughly 80% of the platinum extraction occurs in South Africa.
Prices for platinum have risen significantly in the 21st century because it is scarce in the Earth’s crust, and annual production is limited to just a few hundred tonnes. In addition to precious metal products, platinum is currently used in jewelry, catalytic converters in automobiles, dental equipment, and electrical contacts.
On the obverse of the 1 oz Engelhard Platinum bar you’ll find the Engelhard logo, which consists of a globe with a giant “E” in the center. Engravings on this face include “One Ounce,” “Platinum,” and “99.95.” The company name and an individual serial number are also engraved on this side.
The reverse of the Engelhard Platinum Bar has only one design feature, that of the “Engelhard” brand name in an oval outline repeating across the face of the bar on a 45-degree angle. Each 1 oz Engelhard Platinum Bar in this Silver.com listing arrives in protective plastic, including an assay card that verifies the individual serial number and authenticity of your purchase.
Engelhard Corporation was founded in Newark, New Jersey in 1902 by Charles W. Engelhard. The company was, at one point, the world’s largest refiner and fabricator of platinum metals. Today it is owned by BASF of Germany, which purchased the business in 2006 for $5 billion.
If you have questions, please contact Silver.com at 888-989-7223. You can also reach us online using our live chat and email features.