Scrap Platinum Prices — Jewelry, Catalytic Converters & Industrial

We buy all forms of scrap platinum — jewelry, catalytic converters, laboratory crucibles, thermocouple wire, and industrial platinum components. Platinum is one of the most valuable metals on Earth, currently trading around $30 per gram. Call Sean at 954-488-0700 for today's platinum prices.

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$28–$32/gram
Current Price Range
30+
Years Buying Platinum Scrap
48hr
Quote Response Time
USA
Nationwide Pickup
Scrap Platinum — Current Platinum Scrap Prices Per Pound 2026

Current Platinum Scrap Prices

Prices updated regularly. Call 954-488-0700 for a confirmed quote on your specific material.

Grade / TypeDescriptionPrice
Platinum Jewelry (950)Rings, chains, bracelets — 95% pure$28–$30/gram
Platinum Jewelry (900)90% platinum, 10% alloy$26–$28/gram
Platinum Wire / GauzeLab and industrial catalyst$29–$32/gram
Platinum Thermocouple WireType R, S, B thermocouples$28–$31/gram
Platinum CruciblesLaboratory melting crucibles$28–$32/gram
Catalytic Converters (Platinum)PGM content varies by type$50–$450/each
Platinum Spark PlugsTips contain small amounts$2–$5/each
Dental PlatinumCrowns, bridges with platinum$25–$30/gram

Platinum is one of the rarest and most valuable metals on Earth, approximately 30 times rarer than gold. It is prized for its exceptional catalytic properties, corrosion resistance, and high melting point (1,768°C). The current spot price for platinum is approximately $28–$32 per gram ($870–$1,000 per troy ounce), making even small quantities of platinum scrap highly valuable.

Sources of Platinum Scrap

The largest source of recycled platinum is automotive catalytic converters, which contain platinum, palladium, and rhodium (collectively called PGMs — Platinum Group Metals). A single catalytic converter may contain 3–7 grams of PGMs. Other significant sources include jewelry (platinum rings, chains, and watches), laboratory equipment (crucibles, evaporation dishes, electrodes), industrial catalysts (petroleum refining, chemical production), and medical/dental applications.

Platinum in Catalytic Converters

Catalytic converters use platinum (along with palladium and rhodium) as a catalyst to convert harmful exhaust gases into less harmful emissions. The PGM content varies significantly by vehicle type, age, and manufacturer. Foreign vehicles (especially Japanese brands) typically contain more PGMs than domestic vehicles. We buy catalytic converters individually or in bulk — see our dedicated catalytic converter pricing page for specific serial number values.

How We Price Platinum Scrap

Platinum scrap is priced based on purity and current market value. Jewelry is typically stamped with its purity (950 = 95% platinum, 900 = 90% platinum, 850 = 85% platinum). Industrial platinum (wire, gauze, crucibles) is often 99.9%+ pure and commands the highest per-gram price. For catalytic converters, pricing is based on assay results of the specific converter type. We use XRF analysis and fire assay to determine exact platinum content.

Platinum vs. White Gold vs. Silver

Platinum is often confused with white gold and silver. Platinum is denser (21.45 g/cm³ vs. gold's 19.3 and silver's 10.5), does not tarnish, and is stamped "PLAT," "PT," "950," or "900." White gold is actually yellow gold alloyed with palladium or nickel and plated with rhodium — it will show a yellow tint when the plating wears. Silver tarnishes black and is stamped "925" or "STERLING." If unsure, bring your items to us for free testing.

Frequently Asked Questions

How much is scrap platinum worth per gram?
Scrap platinum currently pays $28–$32 per gram depending on purity. 950 platinum jewelry pays approximately $28–$30/gram. Pure industrial platinum (wire, crucibles) pays $29–$32/gram. Call 954-488-0700 for a confirmed quote.
How do I know if my jewelry is platinum?
Look for stamps: PLAT, PT, 950, 900, or 850. Platinum is very heavy (denser than gold), does not tarnish, and has a cool gray-white color. We offer free testing if you are unsure.
How much platinum is in a catalytic converter?
A typical catalytic converter contains 3–7 grams of PGMs (platinum, palladium, and rhodium combined). The exact content varies by vehicle type and converter model. Foreign vehicles typically contain more PGMs than domestic.
Do you buy platinum dental scrap?
Yes — we buy platinum-containing dental crowns, bridges, and other dental scrap. Dental alloys vary in platinum content, so pricing is based on assay results. We accept dental scrap in any quantity.

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