Sell Your Platinum for the Highest Price in Los Angeles
South Bay Coin is a licensed refinery and the platinum buyer in Los Angeles that pays more. We buy platinum jewelry, rings, coins, and bars for same-day cash. Free appraisal, no appointment, no pressure. We also buy gold, silver, and palladium.
The Best Place to Sell Platinum in Los Angeles
South Bay Coin buys platinum jewelry, platinum coins, bullion bars, and scrap platinum based on the live spot price. We are a licensed California refinery. Pawn shops and jewelry stores buy your platinum and resell it to a refiner at a markup. We are the refinery. Because we process the metal ourselves, we can pay you more for the same item.
Many buyers in Los Angeles cannot accurately test platinum. They may confuse it with white gold or palladium, costing you hundreds on a single piece. Our team tests every item in front of you using acid and electronic verification, confirms the exact metal and purity, and makes an offer you can verify against the live spot price displayed in our showroom.
We buy platinum in any condition and any quantity. One ring or an entire estate. We also buy gold, silver, gold coins, Rolex watches, and luxury watches. Bring everything in one visit. Free appraisal, no obligation, same-day payment if you accept.
Platinum Buyer Near Me in Lawndale
South Bay Coin
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Sat: 10 AM - 3 PM
Sun: Closed
How Much Is My Platinum Worth?
Your payout depends on three factors: purity, weight, and today's live spot price. Unlike gold, which ranges from 41.7% pure (10K) to 99.9% pure (24K), platinum jewelry is almost always 90 to 95% pure. Most platinum pieces are stamped PT950 (95% pure) or PT900 (90% pure). That high purity, combined with platinum's density, makes platinum jewelry heavier and more valuable per piece than comparable gold jewelry of the same size.
We verify the exact purity, weigh the piece on a certified scale, and calculate your offer against today's live platinum spot price. You see every step. Not sure what metal you have? See our Platinum vs. White Gold section below for common markings, or simply bring it in for a free test.
How to Sell Platinum for Cash
Bring It In
Walk into our Lawndale showroom at 16916 Hawthorne Blvd. No appointment needed. Or call (310) 363-7808 first.
Get a Free Appraisal
We identify the metal, verify purity, weigh on a certified scale, and calculate your offer based on today's live spot price. The entire process happens in front of you.
Get Paid
Accept the offer and leave with cash or a check. Most visits take 15 minutes. Bring a valid photo ID.
Live Precious Metal Spot Prices
Updated every 60 seconds during market hoursIs It Platinum or White Gold?
Platinum and white gold look nearly identical but are completely different metals with different values. Platinum is denser, heavier, and worth more per gram. White gold is a gold alloy plated with rhodium to appear silver. Many sellers bring in items they believe are platinum only to discover they are white gold (or the reverse).
Look for stamps: PLAT, PT, PT950, or PT900 indicates platinum. 14K, 18K, 585, or 750 indicates white gold. If there is no stamp or you are unsure, bring it in. We test every piece at no charge and can tell you within seconds exactly what metal you have. No obligation, no guessing.
Platinum Items We Buy for Cash
Scratched, bent, broken, or outdated. If it contains platinum, we buy it. Sell your platinum ring, platinum wedding band, platinum chain, or platinum engagement ring for same-day cash.
Platinum Jewelry
Rings, wedding bands, engagement rings, bracelets, chains, earrings, pendants, and brooches in any condition. We also pay above melt for designer pieces from Cartier, Tiffany, Harry Winston, and Van Cleef & Arpels.
Platinum Coins & Bars
American Platinum Eagles, Canadian Maple Leafs, PAMP Suisse bars, Valcambi bars, and platinum bullion in any size from any mint.
Vintage & Estate Platinum
Art Deco, Edwardian, and Victorian platinum jewelry is frequently worth more than melt value to collectors. We evaluate each piece for both its metal content and its collectible potential.
Scrap & Industrial Platinum
Platinum wire, lab equipment, dental platinum, and scrap. Any form, any quantity. We refine it all in-house.
What Our Customers Say
Why 2026 Is a Strong Time to Sell Platinum
Platinum hit an all-time high of approximately $2,920 per ounce in January 2026 and is currently trading around $2,200 to $2,300 per ounce as of April 2026. These prices are well above the $800 to $1,000 range where platinum traded as recently as 2018 to 2020. For anyone holding platinum jewelry, coins, or bars, current prices represent one of the strongest selling opportunities in the metal's history.
Platinum's price strength is driven by a structural supply deficit. South Africa produces roughly 70% of the world's platinum, and chronic underinvestment in mining infrastructure has constrained output for years. At the same time, industrial demand remains strong, particularly from automotive manufacturers who use platinum in catalytic converters. Platinum is also 30 times rarer than gold, which limits available supply even further.
Platinum prices are volatile and move daily. If your platinum has been sitting in a jewelry box or a safe, now is a strong time to find out what it is worth. Call (310) 363-7808 for a free quote based on today's live spot price.
Get Cash for Platinum in Los Angeles Today
South Bay Coin pays cash for platinum the same day you walk in. No mailing your jewelry to a company you have never met, no waiting for a wire transfer, no accepting a lowball offer because your items are already out of your hands. You keep possession until you agree to the price.
We calculate every offer using the live platinum spot price at the moment of your visit, your item's verified purity, and its exact weight on a certified scale. You see the spot price on our display, you see the scale, you see the math. If you got a quote somewhere else, bring it. We will beat it.
Why Choose South Bay Coin as Your Platinum Buyer?
South Bay Coin is licensed, bonded, and insured by the State of California. Members of GIA, IWJG, JBT, and NAWCC. Same Lawndale showroom since 1980. 5.0-star Google rating, 400+ reviews. When a pawn shop cannot tell you whether your ring is platinum or palladium, these credentials are the difference between getting paid what your item is worth and getting half.
Every evaluation happens in front of you. We show you the test result, the weight reading, and the spot price we are using. No items leave your sight. No "we will call you with a number." You get one clear offer, and you decide on the spot with zero pressure.
Platinum Buyer vs. Pawn Shop vs. Mail-In
Most pawn shops lack the tools to accurately test platinum. Here is how we compare.
| South Bay Coin | Pawn Shops | Jewelry Stores | Mail-In Buyers | |
|---|---|---|---|---|
| Platinum testing expertise | Rarely | Sometimes | Varies | |
| Same-day cash | ✗ | |||
| Payout vs. spot | Highest | Low | Moderate | Moderate |
| Licensed CA dealer | Varies | Varies | Varies | |
| Tests in front of you | Sometimes | Sometimes | ✗ | |
| No appointment needed | Sometimes | N/A | ||
| 45+ year track record | Varies | Varies | Varies |
Get a Free Platinum Appraisal Today
Call or text us a photo of your platinum for a same-day cash offer. No obligation, no fees, no appointment.
Sell Inherited Platinum in Los Angeles
Platinum wedding bands and engagement rings are among the most commonly inherited pieces of jewelry. If you have received platinum jewelry as part of an estate, bring everything in unsorted. We evaluate each piece individually, verify the metal (platinum, white gold, or palladium), and give you one clear offer.
Older platinum pieces, particularly those from the early 1900s, can carry collector premiums well above their melt value. We check every inherited piece for both its precious metal content and its potential value as a collectible. Whether you inherited a single platinum ring or a full estate with jewelry, gold, coins, and watches, we can evaluate and purchase everything in a single appointment. Call (310) 363-7808 or walk in during business hours.
Common Questions About Selling Platinum
The value depends on the weight, purity, and today's platinum spot price. Most platinum jewelry is 900 or 950 purity, meaning it contains a very high concentration of pure platinum. Bring your ring in for a free evaluation and we will give you an exact cash offer on the spot.
Platinum and gold spot prices fluctuate independently. At times platinum trades above gold, at times below. Check the live spot prices on this page or call us at (310) 363-7808 for a current quote. Either way, South Bay Coin pays top market rates for both metals.
Yes. We evaluate the platinum and the diamonds separately to ensure you receive the full value of both. Bring the complete ring and we will give you one combined offer.
Some do, but many pawn shops lack the equipment to properly test platinum and may misidentify it as white gold, offering you far less than it is worth. A dedicated precious metals dealer like South Bay Coin has the expertise and testing equipment to evaluate platinum accurately.
Yes. Our Lawndale showroom is minutes from Torrance, Hawthorne, and Redondo Beach. Walk in with your platinum wedding band, get a free evaluation, and leave with cash the same day. No appointment needed.
Yes. We buy American Platinum Eagles, Canadian Platinum Maple Leafs, PAMP Suisse bars, Valcambi bars, and all other platinum bullion products in any size. Coins with collectible value may pay above their melt price. Bring them in for a free evaluation.
Bring your platinum items and a valid government-issued photo ID. California law requires identification for precious metals transactions. No receipts, certificates, or original boxes needed. Walk in and we handle the rest.
Most transactions take about 15 minutes. We test, weigh, and present an offer on the spot. If you accept, you leave with payment immediately. No waiting period, no follow-up calls, no mailing anything.
Yes. South Bay Coin is licensed, bonded, and insured by the State of California. We buy platinum, gold, silver, and palladium. Our Lawndale showroom has been in continuous operation since 1980.
Ready to Sell Your Platinum?
Call now or walk in for a free appraisal and same-day cash. Platinum is near historic highs. Lock in today's price.