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Platinum 999 is 99.9% pure platinum, also called “fine platinum” due to its high purity level. It’s paramagnetic rather than magnetic and is hypoallergenic unless you have a specific platinum allergy.
Platinum 999 bullion exists for investment purposes, including IRA-approved coins and bars. Jewelry made from pure platinum is rare because pure platinum is too soft for daily wear.
The hallmark for platinum 999 is an Emperor Penguin, and the value of this precious metal fluctuates with the platinum spot price throughout the day.
Learn more about platinum 999 below!
- What is Platinum 999 (Definition and Meaning)? Why is it Called “Fine Platinum”?
- Is Platinum 999 Magnetic?
- Is Platinum 999 Hypoallergenic?
- Is There Bullion Made From Platinum 999?
- Is There Jewelry Made From Platinum 999?
- What is the Hallmark for Platinum 999?
- How Much is Platinum 999 Worth?
Table of Contents
What is Platinum 999 (Definition and Meaning)? Why is it Called “Fine Platinum”?
Platinum 999, also written as Pt999 is platinum with purity of 99.9% or 999 parts per thousand. This means the metal is nearly pure platinum, with only a tiny fraction consisting of other metals.
Platinum 999 is called “fine platinum” because it signifies a high level of purity, specifically 99.9% pure platinum. The term “fine” in this context indicates that the metal is nearly pure, with only a tiny fraction of impurities.
Is Platinum 999 Magnetic?
No, platinum 999 isn’t magnetic. It’s paramagnetic.
999 platinum is paramagnetic because pure platinum is paramagnetic.
Note: platinum is paramagnetic due to the presence of unpaired electrons in its electronic structure. These unpaired electrons create tiny magnetic dipole moments that are weakly attracted to an external magnetic field, causing platinum to be paramagnetic.
Is Platinum 999 Hypoallergenic?
Yes, platinum 999 is hypoallergenic. Pure platinum isn’t allergenic and is unlikely to cause a skin reaction unless you have a known platinum allergy.
Platinum 999 that’s actually a cheaper platinum alloy or fake platinum can cause a sever reaction depending on the other metals present in the alloy.
For example, nickel alloyed with platinum will cause problems in people with nickel sensitivities.
Is There Bullion Made From Platinum 999?
Yes, there’s bullion made from platinum 999.
Nowadays, most bullion for investment purposes is made from Fine Platinum, with some of these platinum coins and bars being IRA-approved.
Note: these are the rare platinum coins and bars you can own as part of your 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.
You can purchase platinum bullion to keep at your home. Or you can purchase as part of your new platinum IRA account.
Is There Jewelry Made From Platinum 999?
Yes, there’s jewelry made from platinum 999.
However, fine-platinum jewelry is rare on the market because pure platinum is too soft and lacks the strength and durability to withstand daily wear.
That’s why platinum jewelry is often made with 950 platinum, a platinum alloy containing 95% pure platinum and 5% other metals added for strength.
Note: platinum 999 jewelry is perfectly fine to wear occasionally and in special occasions. So a professional jeweler will be able to make something unique for you provided you pay them for it. You can make a ring, necklace, broch, pendant, earrings from Fine Platinum.
What is the Hallmark for Platinum 999?
The hallmark for Platinum 999 (99.9% pure platinum) is an Emperor Penguin.
The Emperor Penguin hallmark guarantees 999 platinum, meaning it has a purity of 99.9%. This platinum hallmark is specific to the highest purity of platinum and is primarily used on newly produced platinum ingots.
Older platinum 999 pieces have a .999 or just 999 hallmarks stamped on them.
How Much is Platinum 999 Worth?
Platinum 999 is 99.9% pure, and is therefore worth 99.9% 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 999 changes with it.
What is Platinum 999? Conclusion
Platinum 999 (Pt999) is 99.9% pure platinum, also called “fine platinum” due to its high purity level. It’s paramagnetic rather than magnetic and is hypoallergenic unless you have a specific platinum allergy.
While platinum 999 bullion exists for investment purposes, including IRA-approved coins and bars, jewelry made from it is rare because pure platinum is too soft for daily wear.
Most platinum jewelry uses 950 platinum (95% pure) for added durability. The hallmark for platinum 999 is an Emperor Penguin, and its value fluctuates with the platinum spot price throughout the day.
References:
- Platinum .999 1 oz Bar- https://www.luciteria.com/bullion/platinum-999-1-oz-bar
- Platinum warranty hallmarks 4/5 –https://legemmologue.com/en/2014/05/24/platinum-warranty-hallmarks-4-5/
- 999 Platinum | Rope Chain Necklace- https://www.renjordjewelry.com/product-page/rope-chain-necklace-999-platinum
Nikola Roza
Nikola Roza is a blogger behind Nikola Roza- SEO for the Poor and Determined. He writes for bloggers who don't have huge marketing budget but still want to succeed. Nikola is passionate about precious metals IRAs and how to invest in gold and silver for a safer financial future. Learn about Nikola here.
