Intrinsic Tender
1/2oz Platinum Mint Bar - Intrinsic Tender Elemental
$3,570.24 NZD / troy oz
THE COLLECTION
Shop Platinum
Platinum is a precious metal in its own right, mined in much smaller quantities than gold. You can buy platinum bullion NZ-wide from Pure Bullion, with fully insured, discreet, tracked delivery.
4 pieces · NZD pricing
Perth Mint
1 Troy Ounce Platinum Round .9995 Fine Platinum
Platinum Round
$3,179.98 NZD / troy oz
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Why buy platinum bullion in NZ?
Much of the world's platinum goes into industry, including catalytic converters, as well as jewellery. For buyers who already hold gold or silver, it's a way to own more than one precious metal, and like them, it's a physical asset you hold yourself.
Platinum bars, coins or rounds?
The platinum market is smaller than gold's or silver's, so there are fewer products to choose from.
Bars from recognised refiners usually carry the lowest premium and are stamped with their weight and purity. Many minted bars come sealed in tamper-evident packaging with an assay card.
Coins are issued by government mints as legal tender and often cost a little more for their well-known designs.
Rounds come from private mints, aren't legal tender, and usually sit between bars and coins on price.
Platinum premiums, spot price and GST in NZ
Platinum is priced from its live spot price, plus a premium for refining, minting, freight, insurance and our margin. Because platinum trades in smaller volumes than gold, premiums can be higher. Our live spot-linked pricing moves with the market, and your price is locked for five minutes at checkout while you pay. Today's figures are on our live prices page.
Platinum that is at least 99% pure is exempt from GST in New Zealand, the same treatment as investment-grade gold and silver.
Platinum bullion FAQs
Is platinum bullion GST-free in NZ?
Yes. New Zealand's GST rules treat platinum of at least 99% purity as a fine metal, so it's exempt from GST, just like investment-grade gold and silver.
How pure is platinum bullion?
Most platinum bars, coins and rounds are 99.95% pure, often written as .9995 fine. That's comfortably above the 99% purity needed for GST-free treatment in New Zealand.
How is platinum different from gold?
Platinum is denser than gold, mined in much smaller quantities and used heavily in industry. It has its own market, and over the years it has traded both above and below the price of gold.
Can I sell platinum back to Pure Bullion?
Talk to our team about selling platinum. Our buy-back service opens soon with market-linked quotes on gold and silver, and you can register your interest now.