Sell Platinum for Cash in New Jersey - Cash 4 Gold
Platinum is rarer than gold. We pay accordingly, top dollar for all platinum items.
Cash 4 Gold Trading Post buys platinum jewelry, dental platinum, and industrial platinum scrap at 6 New Jersey locations. Platinum spot prices frequently exceed $900 per troy ounce. We use XRF analyzers to confirm purity (PT950, PT900, PT850), weigh on certified scales, and pay same-day cash based on the current London Platinum Fix. A typical PT950 wedding band weighing 8 to 12 grams carries significant value. Free appraisal, no appointment required. Call (732) 444-2022.
Why Sell Platinum to Us?
Premium Metal, Premium Prices
Platinum is 30x rarer than gold. We recognize its true value and pay top market rates.
Expert Identification
Many people don't know they own platinum. Our testing identifies it instantly, even on unmarked pieces.
Immediate Cash
No waiting. Get paid on the spot for your platinum jewelry and items.
Transparent Pricing
We show you the current spot price and exactly how we calculate your offer.
Understanding Platinum Value
Why Is Platinum Worth More Per Gram Than Most People Expect?
Platinum is one of the rarest precious metals on Earth. All the platinum ever mined in human history would fit in an average living room. Global annual production averages about 190 metric tons, compared to roughly 3,300 metric tons for gold. That scarcity drives spot prices that frequently exceed $900 per troy ounce. Key facts about platinum value:
- 30 times rarer than gold: Lower supply means strong demand from industrial buyers and jewelers, which supports resale prices.
- Heavier and denser: A platinum ring feels noticeably heavier than a gold ring of the same size, and that extra weight translates directly to higher melt value per piece.
- Industrial demand: Platinum is used in catalytic converters, medical equipment, and laboratory crucibles, creating consistent demand beyond jewelry.
- Hypoallergenic and durable: Platinum does not tarnish or wear away as fast as gold, which is why it commands a premium in wedding bands and engagement settings.
How Do You Tell if Jewelry Is Platinum or White Gold?
Platinum jewelry carries a hallmark stamp that identifies purity. Look inside the band or on the clasp for one of these marks:
- PT, PLAT, or Pt: Indicates platinum. This is the clearest identifier.
- 950: 95% pure platinum, the most common alloy in modern platinum jewelry. A PT950 wedding band weighing 10 grams contains 9.5 grams of pure platinum.
- 900: 90% pure platinum, common in vintage and European pieces.
- 850: 85% pure platinum, used in some older and industrial applications.
White gold contains zero platinum. It is a gold alloy plated with rhodium that looks similar but is worth significantly less per gram. If you are unsure, visit any Cash 4 Gold Trading Post location for a free XRF test that identifies the exact metal composition in under 30 seconds without damaging the piece.
What Platinum Items Does Cash 4 Gold Trading Post Buy?
Cash 4 Gold Trading Post buys all platinum items at any of our 6 New Jersey locations, regardless of condition:
- Platinum rings: Wedding bands and engagement settings are the most common items. A typical PT950 men's wedding band weighs 8 to 12 grams and carries significant melt value at current spot prices.
- Platinum necklaces and bracelets: Heavier pieces with higher gram weight command strong offers.
- Platinum watches and components: Cases, bezels, and bracelets from luxury brands like Rolex and Patek Philippe often contain platinum.
- Dental and lab platinum: Old crowns and bridgework often contain platinum-palladium alloys testing at 40% to 60% platinum content. Laboratory crucibles also qualify.
- Broken or damaged pieces: Bent, cracked, or incomplete platinum items are bought at full melt value based on verified weight and purity.
Where to Sell Platinum in Central New Jersey
Cash 4 Gold Trading Post buys platinum jewelry, dental platinum, and industrial platinum scrap at 6 locations in East Brunswick, New Brunswick, Middlesex, Millstone, Brick, and Manalapan. Platinum is approximately 30 times rarer than gold, and annual global production averages only about 190 metric tons compared to roughly 3,300 metric tons for gold. That scarcity drives platinum spot prices that frequently exceed $900 per troy ounce.
We use portable XRF analyzers to confirm platinum purity within seconds, distinguishing PT950 (95% pure) from PT900 and PT850 alloys. As a licensed NJ precious metals dealer, we pay same-day cash based on verified weight and the current London Platinum Fix. More than 10,000 customers have sold precious metals at our locations across Middlesex, Monmouth, and Ocean counties.
Platinum Rings, Dental Scrap, and Settings Accepted
The most common platinum items we see are wedding bands and engagement ring settings. A typical platinum wedding band weighs between 8 and 12 grams, and at PT950 purity that translates to significant value at current spot prices. Dental platinum is another frequently overlooked source of value. Old crowns and bridgework often contain platinum-palladium alloys that test at 40% to 60% platinum content.
We also buy platinum watch cases, broken platinum chains, and laboratory crucibles. If you're unsure whether an item is platinum or white gold, visit any of our 6 locations for a free XRF test. White gold contains no platinum, and the difference in value per gram is substantial.
How Platinum Pricing Works
Our platinum pricing ties directly to the London Platinum and Palladium Market (LPPM) fix, updated twice daily. When you bring in a platinum ring, our appraiser first uses an XRF spectrometer to determine exact purity. The item then goes on a certified digital scale calibrated in troy ounces and grams.
The offer is calculated by multiplying verified platinum weight by the current LPPM spot price, minus a transparent processing margin the appraiser explains before making an offer. We don't use acid scratch tests on platinum because XRF gives a non-destructive reading accurate to within 0.1% purity. You leave with same-day cash and a printed receipt showing weight, purity, spot price, and final payout.
💰 Get Top Dollar for Your Platinum
Free appraisal, no obligation. We respond within minutes.