What is 950 Platinum?

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950 platinum is a platinum alloy containing 95% pure platinum and 5% other metals like palladium, copper, or rhodium.

This alloy is popular for jewelry due to its excellent balance of purity, durability, and aesthetic appeal. It’s non-magnetic (paramagnetic), hypoallergenic for most people, and naturally resistant to tarnish and corrosion.

The hallmark “950” is typically stamped on jewelry pieces to indicate purity level. While 950 platinum jewelry is common, investment-grade platinum bullion uses 999 platinum instead.

The value of 950 platinum equals 95% of the current platinum spot price, which fluctuates throughout the day.

Learn about 950 platinum below!

Table of Contents

What is 950 Platinum (Definition and Meaning)?

950 platinum is a platinum alloy that contains 95% pure platinum and 5% other metals like palladium, copper, or rhodium.

950 platinum is a popular choice for jewelry because it offers a good balance of purity, durability, and aesthetic appeal. Its natural white color complements diamonds and other gemstones beautifully, and its resistance to tarnish makes it ideal for long-lasting pieces.

Is 950 Platinum Magnetic?

No, 950 platinum isn’t magnetic, it’s paramagnetic.

950 platinum doesn’t magnetize because 95% pure platinum within this platinum alloy is paramagnetic.

Platinum 950 becomes magnetic when 95% of pure platinum is alloyed with 5% ferromagnetic materials and metals like iron, cobalt, nickel and some stainless steel forms.

But in that case the magnetic effect will be weak and you’ll need a strong magnet to elicit a noticeable reaction from your PT950 jewelry piece.

Is 950 Platinum Hypoallergenic?

Yes, 950 platinum is hypoallergenic. Meaning it’s safe for most people to wear platinum jewelry or platinum-plated jewelry.

However, platinum allergies exist and it is possible to be allergic to this precious metal, especially in you have sensitive skin or you actually have jewelry made from fake platinum.

Is There Bullion Made From 950 Platinum?

No, there’s no bullion made from 950 platinum. Instead, investment-grade platinum bullion is exclusively made from 999 platinum.

Investment-grade platinum coins and bars are also called IRA-approved platinum bullion and it’s these coins and bars you can include as part of your gold IRA or platinum IRA account.

Note: Augusta Precious Metals is the best precious metals investment company in the USA. You can get in touch with them to buy the platinum bullion you need.

With Augusta you can purchase platinum bullion to keep at your home. Or you can purchase as part of your new platinum IRA account.

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Is There Jewelry Made From 950 Platinum?

Yes, there’s jewelry made from 950 platinum.

This platinum alloy is a popular choice for fine jewelry due to its high purity, durability, and resistance to tarnish.
950 platinum is a high purity platinum alloy with 95% of the metal being pure platinum and only 5% being other metals added to provide additional strength and durability.

Platinum 950 is naturally resistant to tarnish and corrosion because of it’s high platinum content, and this alloy is also highly unlikely to cause allergenic reactions, even in sensitive people who can’t wear most other jewelry.

What is the Hallmark for 950 Platinum?

The hallmark for 950 platinum is typically “950” stamped or laser-etched onto the jewelry piece. Other markings, such as “Pt” or “PLAT”, may also be present to indicate platinum, but “950” specifically denotes the purity level.

Some platinum 950 pieces may also include other hallmarks like the assay office mark, date letter, or traditional fineness symbol.

The “dog head” platinum hallmark exists and is used on platinum-made items with a minimum purity of 850 parts per thousand (‰). It indicates that the platinum content is at least 85% pure.

How Much is 950 Platinum Worth?

Platinum 950 is 95% pure, and is therefore worth 95% of the current platinum spot price.

Platinum spot price changes multiple times during the day because of the interplay of supply and demand so the value of your platinum 950 changes with it.

What is 950 Platinum? Conclusion