Newly cast 100 gram platinum bar from the German LBMA-certified refiner, Heraeus. Heraeus platinum bars are recognized worldwide and easily traded due to their "good delivery" status. They contain the highest possible purity of platinum (999,5) and weigh exactly 100 grams.
Heraeus
Heraeus is a German refinery founded in 1660, originally starting in the pharmaceutical industry. Since 1694, Heraeus has been an active player in the precious metals sector. Through continuous innovation in precious metals, quartz glass, and medical technologyācombined with strategic acquisitions and spin-offsāthe company has evolved into a versatile and forward-looking enterprise with strong market positions.
Heraeus is a global innovator engaged in precious metal processing, advanced materials, medical technology, electronics, and industrial process optimization.
Good Delivery
Heraeus is an LBMA (London Bullion Market Association) certified refinery and produces therefore silver bars with a good delivery status. Only the refineries that comply with the essential requirements to trade on the London market are accredited by the LBMA and consequently registered on the LBMA Good Delivery List.
In a nutshell, it implies that the refinery:
+ Has to have a net worth of £15.000.000
+ Has to process more than 10 tons of gold per year
+ Has to process more than 30 tons of silver per year
Tradability
Heraeus platinum bars are globally recognised and easily traded due to their āgood deliveryā label. You can resell your Heraeus platinum bar(s) at Argentor Essayeurs, as well as currency exchange offices, banks and other precious metal traders, both domestically as abroad.
Buying a 100 gram Heraeus platinum bar
Heraeus platinum bars serve perfectly as a purchase of physical platinum but do take into account that buying platinum bars is not preferable for private customers.
21% VAT will always be charged because platinum is seen as an industrial good, in stead of an investment product.
That is why platinum bars are not interesting for private customers; they will never be able to reclaim the VAT they initially payed. Individuals can choose to invest in
platinum that is stored in a VAT-free zone; this eliminates VAT costs, and you only pay storage and insurance fees.
Selling a 100 gram Heraeus platinum bar
You are more than welcome in our office to sell your Heraeus platinum bar(s) of 100 grams. You needn't make an appointment to do so.
Our buying prices are adapted every minute to actual platinum rate and will only be hedged once you present the platinum bar(s) in our office.
You can easily check our live buying rates on this page.