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Joacii Jewelry-OEM & ODM Fine Jewelry Manufacturer & Supplier Since 1998.

The price of platinum recycling is low, does platinum really hold its value?

Generally, gold shops will instill in the concept of how platinum is to maintain its value and be more valuable than gold when selling platinum. The price of platinum is quite high when buying platinum, and real realisation can become a big problem. Gold shops and jewellery shops rarely dared to collect and recycle platinum. Platinum is more expensive than gold. Generally, gold shops will instill in the concept of how platinum is valued and worth more than gold when selling platinum. When buying platinum, the price is quite high and it is really realized. But it became a big problem. Gold shops and jewellery shops rarely dared to collect and recycle platinum. Why is it that platinum is more expensive than gold? Why is platinum not as easy to realize as gold?     1. Platinum is rare, extremely low in production, and complex in technology.      Platinum is one of the rarest precious metals in the world, and it can only be mined in very few places in the world (mainly concentrated in South Africa and Russia). If you put all the platinum in the world into an Olympic standard swimming pool, his depth is not enough to cover the instep. Platinum is so rare, 30 times rarer than gold. Platinum has characteristics unmatched by other metals: extremely high density, toughness and wear resistance, and stable characteristics in a variety of extreme harsh environments. Therefore, it can be whitened as time goes by, and never fade.     In addition, the extraction of platinum is more difficult than gold, and the energy consumption is extremely high: 10 tons of ore can only extract 1 ounce of platinum in 8 weeks, while one ounce of gold only takes 5 tons and 5 days. At the same time, processing platinum requires a higher level of craftsmanship than gold, and every step requires very precise process skills.    Platinum has been popularized by science. It is reasonable to say that platinum is so expensive and rare, should it be able to maintain its value? However, this is not the case. After buying expensive platinum jewelry, it is found that the recycling price is indeed a bit of a feather, and it is not as valuable as gold. 2. It is difficult to realize and maintain the value. Generally, it is rare to go to gold shops to collect platinum because it is too difficult to detect platinum. It can be distinguished by a touchstone as compared to gold and K gold. If you have experience, you can basically see the true and false and the color, but platinum is only Not working. Even if the price of recycled platinum is low, there are some inconveniences for platinum. Because of the high melting point, it is very difficult to change the size of the platinum ring you like. You can only buy other styles. And generally gold shops are reluctant to change the size of platinum rings.     There is also rhodium plating on the platinum surface, which looks almost the same as 18K gold rhodium plating. Except for the 18K gold rhodium plating, the color will fade after a long time, platinum is more durable, and the others are really not much different.     But gold and K gold are much more convenient. Generally, gold jewelry stores, pawn shops and even some small workshops are willing to recycle platinum. The price is not much lower than the price of gold, and it is much easier to realize it. If the price of platinum is high when it is bought, it is found that besides the difficulty when it is realized, the price is still low and it is difficult for people to accept that you will complain about why you bought platinum in the first place. It is conceivable that jewelry merchants will generally not tell you the difference between the realization of gold and platinum. They aim to earn more labor benefits, so they will strongly recommend platinum jewelry. In fact, you think that buying platinum will preserve the value Space, the result is empty and happy. In fact, the precious metal that has the least value preservation is platinum.     The above is the author's summary of platinum recycling information for you. The information comes from the Internet. If there is anything wrong, please understand. If you need jewelry processing, inlay, and customization, please visit the official website of jewelry inlay. Jewelry inlay will be happy to serve you!

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