1 oz Platinum Bar | Credit Suisse

The Symbol: 70028

A platinum bar of one troy ounce at 999.5 fineness, branded Credit Suisse. Produced by Valcambi. The bar is supplied loose, without packaging. It comes with a separate certificate showing the serial number and weight. The number on the certificate matches the number stamped into the metal. The market standard for bullion platinum is 999.5 rather than the 999.9 used for gold. Platinum falls outside the gold bullion exemption, so the price includes 23 percent VAT. Bars under this brand are no longer produced.

Availability: Limited stock

Price: 8255.05

PCs.

Availability and delivery

Shipping within: 10 days
Shipping price:
None

1 oz platinum bar — Credit Suisse

A platinum bar of one troy ounce at 999.5 fineness, branded Credit Suisse. Produced by Valcambi. The bar is supplied loose, without packaging. It comes with a separate certificate showing the serial number and weight. The number on the certificate matches the number stamped into the metal.

Technical specification

Specification Value
Fine platinum weight 31.1035 g (1 troy ounce)
Fineness 999.5
Metal platinum
Thickness 2.10 mm
Production minted bar
Producer Valcambi for Credit Suisse
Packaging none, loose bar
Certificate separate card with serial number and weight
Serial number yes, matching the certificate

Why platinum is 999.5 rather than 999.9

The market standard for bullion platinum is 999.5, not the 999.9 used for gold. The reason is metallurgical: platinum melts above 1700 degrees Celsius, and refining it to higher purities is disproportionately expensive. The market settled on 999.5 as the threshold for wholesale trade.

The reverse is covered with diagonally repeating Credit Suisse logos. The obverse carries the logo with the weight and fineness. Bars under this brand are no longer produced, so availability depends entirely on the secondary market.

Tax on platinum

Platinum falls outside the exemption that covers gold bullion. In Poland the price includes 23 percent VAT — the same as silver and palladium. It is a material difference that is easy to overlook when comparing platinum with gold on the metal quote alone.

Why GoldInvest24

We source from state mints and LBMA-accredited producers. Secondary-market products, such as this bar, are described in the condition in which we ship them. Every shipment is insured and packed discreetly, with no markings indicating the contents. We also run a gold and silver buyback. Current quotes are on our gold price page.

Frequently asked questions

Why is platinum 999.5 fine?

It is the market standard for bullion platinum. Platinum melts above 1700 degrees Celsius and refining it to higher purities is disproportionately expensive.

Is VAT charged on platinum?

Yes, 23 percent in Poland. The Article 122 exemption covers gold bullion only. Platinum, palladium and silver are taxed.

Are these bars still produced?

No. Bars branded Credit Suisse are no longer made, so availability depends on the secondary market.

Is the bar packaged?

No. The bar is shipped loose, without a sealed assay card or capsule. It comes with a separate certificate showing the serial number and weight.

What proves authenticity?

The serial number stamped into the metal, matching the number on the enclosed certificate. Keep the certificate with the bar, as it makes resale easier.

Do you buy this product back?

Yes, we buy back precious metals. The buyback price depends on the current metal quote, the condition of the bar and whether the certificate is included.

Parameters:
Country:
Switzerland
Metal:
Platinum
Weight:
1oz
Type:
Bars
Fineness:
999.5/1000
Series:
Credit Suisse Bars
Metal weight:
31,1035 g
There is currently no comments or ratings for this product.
Product assessment
Ask a question