Competitive Valuation! Sell Your Platinum Ingots at ALLU Today!

Platinum Ingots

Platinum is rarer than gold and is always traded at high prices. The number of people who own 100% pure platinum ingots as real assets is increasing, and the demand for platinum ingots is rising year by year. ALLU offers the most competitive prices for your platinum ingots.

Sell Your Platinum Ingot at ALLU

Platinum, a symbol of luxury for many, is often used in jewellery, accessories, and ornamental applications. It may be surprising, then, that only about 30% of the platinum in circulation worldwide is used for ornamental purposes. The other 70% is used for a wide range of purposes, such as medical care, biotechnology, and computers. In addition, the demand for platinum has been increasing in recent years. Similar to gold, platinum is highly resistant to erosion by acids and cannot be dissolved except by aqua regia, a mixture of acetic acid and sulphuric acid that melts almost any metal except silver. Therefore, platinum items will not rust or discolour under normal circumstances, even if used for a very long time.

With a rarity exceeding that of gold, constant demand, and impressive market value, many people now use platinum as an investment asset. Platinum ingots used for investment purposes are graded as Pt1000, indicating 100% purity. To indicate this, ingots are engraved with the value Pt99.95. In rare cases, some ingots are engraved with the unit Pm instead of Pt, this indicates that they predate ingots engraved with Pt, a value with higher precision than the older Pm unit. However, the value of Pm-engraved ingots is still considered valid. Several companies produce platinum ingots, with Tanaka Precious Metals and Seifuku Metals being particularly well known in Japan. Many of these companies’ ingots are distributed in the international market.

The selling price of platinum is calculated by multiplying the domestic platinum market price (per gram) on its selling date by the gross weight of the platinum. Given the increasing worldwide demand and soaring price of platinum, now is the time to sell for those who own platinum ingots. At ALLU, we offer the most competitive prices for your platinum ingots, so please visit us for a free appraisal.

Platinum Market Price

*Updated:

Daily Market Price *Per Gram

Pt1000
(Ingot)
$
Pt1000
$
Pt950
$
Pt900
$
Pt850
$
Pt900 / K18 (50-50)
$
Pt850 / K18 (50-50)
$

Platinum Market Price Chart

Pt1000 Ingot (Per Gram)

Platinum Market Price Simulation

Grade

Weight

Market Selling Price

  • - Precautions Regarding Selling Gold and Precious Metals -
  • *If the item's grade is unknown, we may ask you to leave the product with us temporarily to allow us to examine it accurately.
  • *Due to the influence of the gold and platinum market, prices may fluctuate even within the same day.
  • *Once sold, items will not be returned.

About Icons

The manufacturing and distribution process for brand products emits large amounts of carbon dioxide (CO2) and consumes large amounts of water. The images below represent the amounts of carbon dioxide and water consumption that can be reduced by reusing a product.

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

Carbon Dioxide (CO2) Reduction

CO2 reduction expressed by the amount of CO2 absorbed by a cedar tree annually.

Water Consumption Reduction

Water Consumption Reduction

Water Consumption Reduction

Water consumption reduction expressed by the volume of the 200-litre bathtub.
(Typical household bathtub size)

About Our Calculation Method

Our Calculation Method

  • The 'Resale Impact' is not a display of an actual environmental reduction but rather a quantification of the environmental impact (CO2 emissions and water consumption) generated by the manufacturing and distribution process that can be theoretically omitted when a customer purchases a product we resell instead of a buying a brand new item of the same type. Since our calculation is predicated on the emissions in the omitted manufacturing and distribution process, actual reductions in environmental impact may differ from our projected estimate.

  • Since our company does not manufacture goods, our calculations cover any resold goods (watches, bags, jewellery (including bullion), apparel, and accessories).
    Our company does not check and verify the actual numerical value of each item's environmental impact (CO2 emission and water consumption) for our Resale Impact. Instead, we base our calculations on data from the LCA database "Gabi*" and estimate the total environmental impact of an item's entire life cycle, from the procurement of its materials to its disposal and/or recycling. Our calculations were overseen by a third-party consulting firm.

  • Discrepancies in LCA results may occur due to differences in calculation assumptions or deficiencies in the manufacturing process.

  • Due to revisions in calculations, the latest calculated values of products may differ from those shown on product tags, etc.

**GaBi is a software provided by Sphera Solutions GmbH that evaluates the sustainability of products' lifecycles.

Competitive Prices for Platinum

How ALLU Offers the Most Competitive Prices for Platinum!

Reason
01

We consider gemstones and artistic design for higher valuations!

At ALLU, we ensure that gemstones and designs are assessed thoroughly and not just subtracted from the item's weight as our competitors tend to do!

Platinum Brooch
Diamond
Paraiba Tourmaline
Platinum
Platinum
S$400.00
Paraiba Tourmaline
S$10,000.00
Diamond
S$1,500.00
Design
S$300.00
Additional Factor
S$500.00
Total
S$12,700.00
Check check
Appraisal Point

The colour, transparency, and size were perfect. The brooch contained a rare gemstone, the Paraiba tourmaline, which highly boosted the value!

Paraiba Tourmaline
Reason
02

Our Value Designers ensure the most competitive prices for platinum items!

At ALLU, we thoroughly assess the value of coloured gemstones.

Diamond Necklace
Diamond Necklace
Platinum
S$380.00
Gemstone
S$300.00
Design
S$250.00
Total S$930.00
Ruby Diamond Ring
Ruby Diamond Ring
Platinum
S$560.00
Gemstone
S$250.00
Design
S$240.00
Total S$1,050.00
Emerald Diamond Ring
Emerald Diamond Ring
Platinum
S$600.00
Gemstone
S$5,200.00
Design
S$400.00
Total S$6,200.00

Can I Sell Items in Poor Condition?

Yes, We Will Appraise Items Regardless of Condition! We Welcome All Items at ALLU!

  • Bent or Broken

    Bent or Broken Image

    We'll Appraise and Buy!Bent or Broken Platinum Items

  • Missing Gemstones

    Missing Gemstones Image

    We'll Appraise and Buy!Platinum Items Missing Gemstones

  • Unpaired Earrings

    Unpaired Earrings Image

    We'll Appraise and Buy!Small Platinum Items or Missing Pieces

  • Industrial Use

    Industrial Use Image

    We'll Appraise and Buy!Large Amounts or Industrial Use Platinum

  • Artistic Items

    Artistic Items

    We'll Appraise and Buy!Platinum Items with Artistic Value

  • Antiques

    Antiques Image

    We'll Appraise and Buy!Platinum Items with Antique Value

  • Unmarked Ingots

    Unmarked Ingots Image

    We'll Appraise and Buy!Platinum Ingots without Markings

  • Dentures

    Dentures Image

    We'll Appraise and Buy!Platinum Teeth Dentures

What We Buy at ALLU

  • Gold and Precious Metals
    Gold and Precious Metals
  • Watches
    Watches
  • Brand Bags
    Brand Bags
  • Brand Wallets
    Brand Wallets
  • Jewellery
    Jewellery
  • Accessories
    Accessories
  • Brand Clothing
    Brand Clothing

■ Items You Can Sell

Bags, pouches, tote bags, business bags, boston bags, clutches, travel bags, shoulder bags, wallets, card cases, passport holders, key cases, wristwatches, pair rings, rings, necklaces, pendants, piercings, earrings, brooches, bracelets, belts, pens, wrist bands, accessories, eyewear, scarves, bangles.

ALLU Offers Much More than High Selling Prices!

1

Reliable, credible, and trustworthy appraisals

Our knowledgeable and experienced experts provide accurate appraisals
Appraisal and Customer Service Training

Our staff undergo thorough training under the tutelage of specialists in various fields, such as watches and jewellery, that allow us to provide the most accurate, detailed, and credible appraisals. We conduct periodic in-house tests to ensure our employees maintain their expertise and develop new skills. As professionals, we constantly strive to improve our skills to provide the most competitive appraisals.

2

Focus on providing high-quality customer service

Focus on providing high-quality customer service

We make the selling process as simple as possible, and our staff ensures that our customers understand and are satisfied with each appraisal.

3

We purchase a wide variety of items and brands

We purchase a wide variety of items and brands

We cater for an extensive range of items and brands and actively consider items in all conditions, even items our competitors may refuse to buy.

4

No selling quantity or price limits

No selling quantity or price limits

For customers with large amounts or significantly expensive items, we buy and pay on the day without any limits in quantity or value.

5

Quick and easy appraisals

Quick and easy appraisals

Through our expert proficiency and globally vast product data collection, we provide speedy appraisals with minimal waiting time.

6

Stress-free and private spaces

Stress-free and private spaces

We strive to create the most stress-free selling experience with store spaces designed to ensure comfort and privacy.

7

Conveniently located stores

Conveniently located stores

ALLU stores are located in central areas for convenient access. Feel free to stop by while shopping or on the way home.

Customer Testimonials: Selling Platinum Ingots at ALLU

  • Icon

    I cashed my platinum ingot investment at ALLU.

    I had invested in a platinum ingot in the past, but the time had come to sell that investment. I went to ALLU, being the most popular among the many local buyers, and I requested an appraisal. In the end, I was able to sell my ingot for a price I was more than happy with. The whole experience was great, and I'll visit again. Thank you, ALLU.

    Icon

    Thank you for selling your Platinum Ingot at ALLU.

    Thank you for visiting our store today. We evaluated the platinum ingot you brought today to be reasonably high. First, we checked the item for its authenticity, and upon confirming that it was genuine platinum, we estimated an offer based on the current market price. This kind of precious metal is currently in high demand and very valuable. Due to higher scarcity than gold, platinum is one of the precious metals fetching a high price, even on the pre-owned market. Today we offered the best purchase price we could, and we are happy to hear that it met your expectations. As platinum prices continue to be high, we hope you consider taking advantage of our services again if you want to sell more platinum items in the future.

  • Icon

    Sell your platinum ingots for cash while they're so high!

    I don't like keeping cash on me, so I own a number of platinum ingots instead. However, now that I need cash, I decided to take some of my platinum and head to ALLU for an appraisal. I was happy to hear that platinum had gone up again and that I could sell my ingots for more than the original purchase price. Thank you, ALLU. I'll be back for sure.

    Icon

    Thank you for selling your Platinum Ingot at ALLU.

    Thank you for visiting us today with your platinum ingots. As you know, the market price for platinum has been on the rise, which was reflected in our high purchase price today. Platinum has been on the rise for years, so the odds are that the next time you sell, there's a good possibility that the prices will have gone up once again. Another factor in our offer today was the purity of your platinum. The ingots you owned were 1000pt pure platinum which is the highest purity and the most valuable. All of these factors contributed to the selling price you received today. Thank you for choosing ALLU out of all the stores and buyers. If you want to sell any more platinum items, we hope you consider taking advantage of our services again. We look forward to your future visits.

Shop Information

You Only Need an I.D. to Sell at ALLU!

Required Form of Identification
  • National Registration Identity Card (NRIC)
  • Passport - For Foreign Customer
  • Only one of the above forms of identification is required.
  • We can not buy items from customers under the age of 18 years old.
  • We do not accept identification documents that are expired or out-of-date.
  • Corporate customers follow the same selling process as individual customers. No additional documentation is required.
Visit our FAQ section for more information

ALLU Frequently Asked Questions

How do you decide the selling price of gold, platinum and other precious metal accessories?

The selling price of precious metals such as gold and platinum is determined according to the 'market price', which is set on a daily basis.
We measure the items you bring to us and derive the appraisal value based on the market price x weight. However, in some cases, if the item possesses an exceptional design as jewellery, we may consider the additional value.

My gold/precious metal does not have any engravings. Can I still get it appraised and sell it?

We can evaluate the item, and if we are able to determine that it is gold, we can purchase it. However, please understand that it may take us some time to check the ratio and other details of the precious metal in question, and there may be cases where we can not proceed with a transaction due to the evaluation.

Can I sell broken items such as broken necklaces, rings with missing stones, or earrings with one pair missing?

We will evaluate the item(s) in question, and if we can determine they are made of precious metals, we can make an offer for them.

How long does it take for an appraisal at the store?

We estimate 10 to 15 minutes for a single item. It depends on the item and the quantity, so please ask our staff when you visit.

Do scratches and stains affect the selling price?

Generally, the condition of the item does not have a major impact.
In the case of ingots, depending on their condition, they may be treated as scrap, which may significantly affect the selling price. For other precious metal products, we will have to actually observe the item in question before making a decision.

Can I sell old coins and foreign gold coins?

If, according to our regulations, we can determine that the item(s) can be treated as precious metals, we can make an offer for them at the best possible price.

Some commemorative and foreign gold coins have a premium value, as they are hard to obtain due to their small circulation. If you bring such gold coins to us, they may be worth more than ordinary precious metals.

When is the best time to sell gold and precious metals?

Compared to past gold market prices, the current prices can be considered quite advantageous, so we believe that the present is a favourable time to consider selling.

However, the market price of gold and precious metals fluctuates daily, so it is very important to notice the timing when the market price is high.

Is the selling price different for ingots and gold jewellery?

Yes, the selling price of ingots and gold accessories is different.
Ingots have their own values and prices: we can make an offer at the ingot price if the brand is recognised in our regulations. On the other hand, even if it is 24-karat gold, gold jewellery is treated as scrap, so that the price will be slightly lower.

Is there a difference in selling price between ingots with and without engraving?

Ingot prices are determinable only for the brands recognised by our regulations. Even if the item in question has the shape of an ingot, if it is not engraved, or if the issuing brand is not one of the recognised brands, there may be cases where it cannot be treated as an ingot.