Enter a weight and fineness to estimate platinum melt value at the current live spot price.
This calculator multiplies your item’s weight by its fineness (like Pt950) and by today’s live platinum price per gram — the same method used to price platinum rings, wedding bands, and bullion.
A Pt950 stamp means the item is 95% pure platinum, alloyed with 5% other metals (commonly ruthenium or cobalt) for durability. It's the most common standard for platinum jewelry.
It depends on current market prices — platinum and gold prices move independently and their relative value shifts over time. Check today's live prices on the Gold Price and Platinum Price pages to compare.
Platinum melt value = weight in grams × fineness (as a decimal) × platinum price per gram — the same formula used for gold and silver, just with platinum's purity and spot price.