Sell Platinum Bars for the Highest Price in Los Angeles
South Bay Coin has been a trusted platinum bar buyer in Los Angeles for over 45 years. Bring in your 1 oz platinum bars for a private, no-obligation appraisal and walk out with same-day cash.
The Best Place to Sell Platinum Bars in Los Angeles
If you want to sell platinum bars in Los Angeles, South Bay Coin is the trusted local choice. We are a licensed, bonded, and insured precious metals dealer based in Lawndale, and since 1980 we have completed thousands of bullion transactions for clients across Los Angeles County, earning a 5-star reputation for transparency and consistently strong payouts.
Unlike pawn shops or coin shops that resell your platinum bar to a third party at a markup, South Bay Coin operates an in-house refinery. That means we skip the middleman, control our own costs, and pay you closer to the live value of your metal. Whether you hold a single 1 oz platinum bar or a full bullion portfolio, you deal directly with the people who process the metal.
Every appraisal happens in front of you. Our experienced team tests and weighs each bar, then explains the offer against the current platinum spot price, with no pressure and no fee to look. Many of our clients also sell gold bullion and silver bars during the same visit.
From Torrance and Redondo Beach to Manhattan Beach and the wider South Bay, sellers choose South Bay Coin for honest weighing, instant cash, and over four decades behind a physical storefront.
Our Lawndale Platinum Showroom
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Sat: 10 AM - 3 PM
Sun: Closed
Live Precious Metal Spot Prices
Updated every 60 seconds during market hoursHow We Value Your 1 oz Platinum Bar
Platinum is rarer than gold and trades on its own global market, driven heavily by industrial demand from the automotive and chemical sectors. That makes platinum pricing more volatile than many sellers expect. A 1 oz platinum bar contains one troy ounce of metal, typically refined to .9995 fine purity, and its core value tracks the live platinum spot price multiplied by that weight.
The most common 1 oz bars come from respected refiners such as PAMP Suisse, Valcambi, and Credit Suisse, and more recently the Swiss-made Costco Lady Fortuna bar. These usually arrive sealed in an assay card stamped with the weight, purity, and a unique serial number. That packaging lets us verify authenticity quickly, but it is not required. For loose bars, generic ingots, platinum bullion coins, or anything missing its certificate, we confirm purity with professional in-house testing before we ever quote an offer.
Where you sell matters as much as what you sell. Because platinum sees lower retail demand than gold, many local buyers and mail-in services pay well under a bar's true worth. South Bay Coin refines metal on site, so we can pay closer to live value than buyers who must resell your bar at a markup. We weigh every bar on a calibrated scale in front of you and walk you through each number, so you understand exactly how your offer was reached before you decide.
Platinum Bullion We Buy for Cash
We buy platinum in every form and from every major refiner. Whether it is a single 1 oz bar, a stack of bullion coins, or platinum jewelry, each piece is tested and valued for its full metal content.
1 oz Platinum Bars
PAMP Suisse, Valcambi, Credit Suisse, the Costco Lady Fortuna bar, and generic refiner bars in original assay or loose.
Platinum Bullion Coins
American Platinum Eagles, Canadian Platinum Maple Leafs, Australian Platypus, and other government-minted platinum coins.
Larger Bars & Ingots
5 oz, 10 oz, and kilo platinum bars, plus poured ingots and minted bars in any size or brand.
Platinum Jewelry & Scrap
950 and 900 platinum rings, settings, dental platinum, and industrial or lab platinum scrap in any condition.
Sell Your Platinum Bar in Three Steps
Visit, Call, or Text
Walk into our Lawndale showroom at 16916 Hawthorne Blvd, no appointment needed. Or call (310) 363-7808 and text us photos of your platinum bar.
Free Expert Appraisal
We verify the bar, weigh it in front of you, and explain the offer against today's live platinum spot price. Zero pressure to sell.
Get Paid Immediately
Accept the offer and receive cash or check on the spot. Most visits take about 15 minutes. Bring a valid photo ID.
South Bay Coin vs. Other Platinum Buyers
Platinum is easy to undervalue, and not every buyer pays what your bar is worth. Here is how South Bay Coin compares to the other places people sell platinum in Los Angeles.
| South Bay Coin | Pawn Shops | Coin Shops | Mail-In | |
|---|---|---|---|---|
| Owns refinery | Varies | |||
| Same-day cash | ||||
| Rate paid on platinum | Highest | Below market | Varies | Varies |
| Licensed CA dealer | Varies | Varies | Varies | |
| Tests in front of you | Sometimes | Sometimes | ||
| You keep your bar in hand | ||||
| 45+ year track record | Varies | Varies | Varies |
What Our Customers Say
Common Questions About Selling Platinum Bars
You can sell a 1 oz platinum bar at South Bay Coin, a licensed precious metals dealer in Lawndale serving all of Los Angeles County. Walk into our showroom for a free, on-the-spot appraisal, or call ahead. We test, weigh, and pay you the same day, with no appointment required.
We base every platinum bar offer on three things: the bar's weight in troy ounces, its purity, and the live platinum spot price. Investment-grade bars like PAMP Suisse or Valcambi carry stamped weight and purity, so verification is fast. Because we refine in-house, we can offer more than most local buyers.
Yes. We buy platinum bars from every major refiner, including PAMP Suisse, Valcambi, Credit Suisse, and the Swiss-made Costco Lady Fortuna bar. We also buy generic and private-mint platinum bars. Bars that still have their assay card and serial number are easiest to verify, but we evaluate every bar fairly.
Keep it if you have it. The assay card certifies your platinum bar's weight and purity, and the serial number ties the bar back to its refiner, which speeds up verification. You can still sell a bar without the card. We simply test it in-house to confirm purity before making our offer.
Platinum trades on a live global market, so the best time depends on the current spot price and your own goals. Many sellers liquidate when industrial demand pushes platinum higher or when they want to reallocate. We show you today's live spot price so you can decide with full transparency, never any pressure.
Yes. A missing box or lost assay card does not stop us from buying your platinum bar. We use professional in-house testing to confirm the metal's purity and weight, then make an offer based on the live spot price. Original packaging helps speed verification, but it is never required.
Spot price is the live global benchmark for one troy ounce of platinum. Every buyer works from spot, then accounts for refining and handling. Because South Bay Coin operates an in-house refinery and skips the middleman, we keep that spread small and pay you closer to the true value of your bar.
Yes. Alongside 1 oz platinum bars, we buy platinum bullion coins like the American Platinum Eagle, Canadian Platinum Maple Leaf, and Australian Platypus, plus the Swiss-made Costco platinum bar. If you also hold platinum jewelry or scrap, bring it in. We appraise every form of platinum under one roof.
No appointment is needed. Walk into our Lawndale showroom at 16916 Hawthorne Blvd during business hours and a member of our team will appraise your platinum bar on the spot. You can also call or text us a photo first if you would like a sense of the process beforehand.
Mail-in buyers require you to ship your platinum bar, wait for it to be received and graded, then wait again for payment, often at a reduced rate. At South Bay Coin you keep your bar in hand, watch it tested and weighed, and walk out with same-day cash. No shipping, no waiting, no risk.
Ready to Sell Your Platinum Bar?
Visit our Lawndale showroom for a free, no-obligation appraisal, or call and text us a photo today.