Product Details

Heraeus Minted

Platinum Bar Heraeus - 500 gram

Platinum’s name is derived from the Spanish term "Platina del Pinto", which is literally translated into "little silver of the Pinto river". Platinum is one of the rarest elements found in the Earth's crust with annual production of around 30 metric tons (vs. ~2,500 tons for gold and ~ 23,000 tons for silver). Mining is very geographically concentrated as South Africa accounts for over 80% of the world production.

The 500 gram Heraeus minted platinum bars is .9995 pure platinum and is guaranteed by the Heraeus.

Each bar is stamped with its exact weight and purity, and bears the Heraeus logo, an internationally recognized symbol of quality and sound provenance. The 500 gram platinum bar is one of the biggest sized platinum bar products in the market, thus premiums are one of the lowest. Each bar is encased and sealed in soft plastic sleeves.

Pricing Details:

Points computation: 1 bar = 160.80 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
22,258.11
44.516
1,384.61
6.18%
12.12%
3
3000.00
22,193.35
44.387
1,380.58
5.87%
11.87%
5
10000.00
22,128.58
44.257
1,376.55
5.56%
11.61%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (10,373.49 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 38.90 SGD)
    • 6-month loans at only 4.8% per annum (Interest: 246.37 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 518.67 SGD)
    • 24-month loans at only 6.3% per annum (Interest: 1,296.69 SGD)


Storage Fees

Duration Storage Fee
Per Parcel
6 months 47.1664 SGD
12 months 94.3328 SGD
24 months 188.6657 SGD
36 months 282.9985 SGD
60 months 471.6642 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 96.00 SGD

* Stored in multiples of 1 bar and can be collateralized. Any unused storage will be refunded upon sellback or delivery.

Tier Discount

Past purchases: points
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Total: points

Get permanent tier discounts
by buying oz of gold/platinum
or oz of silver!

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