Platinum Coin Identification and Sales Assurance
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About this listen
Thinking about selling your platinum coins but worried about fakes or getting underpaid?
In this episode of GoldBank Insider, we walk you through how to confidently identify and authenticate platinum coins before you sell them. You will learn why platinum behaves differently from silver and white gold, and how a few simple checks can stop you from confusing high value bullion with lower value metals or plated pieces.
We break down the practical steps you can take at home: visual checks for colour, finish, and design, how to read hallmarks and purity stamps, and why weight and measurements are your best early warning system. We also explain the role of magnet tests, scratch and acid tests, and how professional electronic tools such as XRF scanners are used by serious dealers to confirm purity without damaging your coins.
Finally, we look at what really drives resale value: condition and grading, documentation and provenance, and choosing trusted dealers and platforms when you are ready to sell. By the end of the episode, you will know how to protect yourself from counterfeits, back up your instincts with proper testing, and approach the platinum market with a lot more confidence.
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