Sell Platinum Bars in Los Angeles for Same-Day Cash
South Bay Coin pays near the live platinum spot price for one-ounce, ten-ounce, and kilo bars, with recent payouts running from about $1,950 for a single 1 oz bar to $65,000+ for a kilo. Walk in, get tested, get paid.
The Trusted Place to Sell Platinum Bars in the South Bay
South Bay Coin has been the South Bay's trusted place to sell platinum bars since 1980, paying same-day cash to investors and collectors across Los Angeles County. Our buyers test, weigh, and value your bullion in person, so you see exactly how your offer is calculated before you ever agree to it.
We pay close to the live platinum spot price because we buy direct and refine in house, with no middleman markup and no mail-in delay. Whether you hold a single one-ounce bar or a full kilo stack, you get a transparent, no-pressure quote. Many sellers bring other metals too, and you can sell gold bars in Los Angeles in the same visit.
There is no shipping risk, no consignment wait, and no listing fees. You walk in with your platinum, we verify it on the spot, and you leave with a check or cash that day. Forty-five years in business and a 5.0 star rating across 400+ Google reviews mean you are dealing with a licensed, accountable Lawndale dealer, not an anonymous online buyer.
Our Lawndale Showroom Near Torrance
South Bay Coin
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Sat: 10 AM - 3 PM
Sun: Closed
How We Value Your Platinum Bars
Every platinum bar offer at our Lawndale showroom starts with the live platinum spot price, recently trading above $2,000 per troy ounce. We multiply that spot price by your bar's exact weight, confirm the purity (investment bars are typically .9995 fine), and apply a small, clearly stated buyer's spread. You see the math, not a mystery number.
Assay cards and serial numbers help. Bars from refiners like PAMP Suisse, Valcambi, Credit Suisse, Argor-Heraeus, and Johnson Matthey arrive sealed with an assay certificate that verifies weight and purity. That documentation speeds verification and supports a stronger offer, though we also buy bars without their original packaging. Our team uses XRF testing and precise scales to confirm authenticity in minutes.
Because platinum bullion carries almost no numismatic premium, your payout is driven by metal content, not collectibility. That makes platinum one of the most liquid assets you can hold. If you also own other white metals, ask about selling silver bullion while you are here. We weigh everything together and give one combined cash offer.
The Platinum Bars We Pay Cash For
We buy every size, brand, and purity of platinum bar across Los Angeles County.
1 oz Platinum Bars
The most popular size for private sellers. We buy single one-ounce bars and full tubes from PAMP, Valcambi, Credit Suisse, and Costco, paying near spot for .9995 fine bullion.
10 oz & Kilo Platinum Bars
Larger investment bars from one ounce up to a full kilogram. Bigger bars carry lower premiums, so stacks of 10 oz and kilo platinum convert to substantial same-day cash.
Branded Refiner Bars
Sealed bars from PAMP Suisse, Valcambi, Argor-Heraeus, Johnson Matthey, and Engelhard. Recognized hallmarks and serial numbers verify quickly and earn our strongest platinum offers.
Bars With or Without Assay Cards
Original assay cards speed the process, but we also buy loose bars, scratched bars, and partial stacks. Our XRF testing confirms purity even when the packaging is missing.
Sell Platinum in Three Steps
Visit, Call, or Text
Bring your platinum bars to our Lawndale showroom, or text a photo to (310) 363-2697 for a quick ballpark before you drive over from Torrance, Redondo Beach, or anywhere in LA County.
Expert Evaluation
We weigh each bar, confirm purity with XRF testing, and check it against the live platinum spot price. You watch the evaluation and we explain every number behind your offer.
Get Paid Immediately
Accept the offer and walk out with cash or a check the same day. No shipping, no holds, no waiting for a mail-in check to clear. Most visits take under twenty minutes.
South Bay Coin vs. Other Platinum Buyers
Online and mail-in buyers tie up your platinum for days, and pawn shops rarely pay close to spot. Here is how selling platinum bars at our Lawndale store compares to the common alternatives across Los Angeles.
| South Bay Coin | Pawn Shops | Jewelry Stores | Mail-In Buyers | |
|---|---|---|---|---|
| Pays Near Spot Price | ||||
| Same-Day Cash Payment | ||||
| In-Person Evaluation | ||||
| No Shipping Risk | ||||
| XRF Purity Testing | ||||
| Licensed Precious Metals Dealer | ||||
| No Listing or Consignment Fees |
What Our Platinum Sellers Say
Common Questions About Selling Platinum Bars
Your payout is based on the live platinum spot price multiplied by the bar's weight, minus a small buyer's spread. With platinum trading above $2,000 per ounce, a single one-ounce bar can bring close to that, and larger 10 oz or kilo bars convert to substantially more same-day cash.
South Bay Coin buys platinum bars in person at 16916 Hawthorne Blvd in Lawndale, serving Torrance, Redondo Beach, Manhattan Beach, and all of Los Angeles County. Walk-ins are welcome Monday through Saturday, and you leave with cash or a check the same day, with no shipping required.
No. Assay cards and serial numbers help us verify weight and purity faster and can support a stronger offer, but they are not required. We use XRF testing and precise scales to confirm authenticity, so we still buy loose bars, scratched bars, and bars missing their original packaging.
We start with the current platinum spot price, multiply it by your bar's exact troy-ounce weight, confirm the purity (usually .9995 fine), and apply a small, transparent spread. You watch the evaluation and see every number, so the offer is never a mystery figure.
We buy bars from every major refiner, including PAMP Suisse, Valcambi, Credit Suisse, Argor-Heraeus, Johnson Matthey, Engelhard, and Costco's one-ounce bars. Recognized hallmarks verify quickly, but we also evaluate lesser-known and generic platinum bars using XRF testing at our Lawndale showroom.
Profits from selling platinum bullion can be subject to capital gains tax, and dealers may report certain transactions to the IRS. We are not tax advisors, so we recommend speaking with a CPA about your situation. We provide clear receipts documenting your sale for your own records.
Yes. Some smaller and older platinum bars were never serialized. A serial number helps trace a bar to its refiner, but it is not required to sell. Our XRF testing confirms purity and weight regardless, so you still receive a fair, spot-based offer the same day.
Platinum and gold both trade per troy ounce, but they move independently. Platinum demand is tied heavily to industry, while gold tracks investment and central-bank buying. In 2026 gold has traded well above platinum, so the two metals are valued separately based on each day's spot price.
Pawn shops rarely pay close to the platinum spot price because they price for quick resale, not metal content. As a licensed precious metals dealer that refines in house, South Bay Coin pays near spot with no markup. Comparing offers almost always favors a dedicated bullion buyer.
Same day. Bring your platinum bars to our Lawndale store, we test and weigh them while you wait, and you leave with cash or a check once you accept the offer. Most visits take under twenty minutes, with no holds and no mail-in delay.
Ready to Sell Your Platinum Bars?
Get a free, no-obligation cash offer today. Walk in, call, or text a photo of your bars and our Lawndale team will quote you fast.