Buying platinum appeals to a growing segment of bullion investors. Both platinum and palladium are what some might call alternative precious metals. That is, they are valuable metals that venture beyond the traditional foothold of silver and gold.
To be sure, platinum is itself nothing new. It’s been known for a long time, as the silvery-white metal has been in use since at least 1200 BC. But its popularity as a precious metal and basis for collectible coins has only gained traction since the late 19th and early 20th centuries.
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