* Live platinum price
PT850 Platinum price per gram today
PT850 Platinum is 85.0% pure platinum, so its melt value is the platinum spot price scaled to that fraction. As of October 11, 2026, PT850 is worth about $46.32 per gram in pure melt value — a scrap buyer typically pays ~85% of that ($39.37/g) after refining and margin.
Published July 2, 2026 · Updated October 11, 2026
What PT850 platinum is worth per gram
- Melt value (per gram)
- $46.32/g
- Realistic scrap offer (~85%)
- $39.37/g
- Purity
- 85.0% platinum
- Platinum spot (per gram)
- $54.50/g
- As of
- October 11, 2026
Spot is the price of pure platinum ($54.50/g). PT850 is 85.0% pure, so each gram carries $46.32 of platinum — before a buyer's margin.
PT850 value by weight (today)
| Weight | Melt value | Scrap offer (~85%) |
|---|---|---|
| 1 g | $46.32 | $39.37 |
| 2 g | $92.64 | $78.75 |
| 5 g | $232 | $197 |
| 10 g | $463 | $394 |
| 20 g | $926 | $787 |
| 1 troy oz | $1,441 | $1,225 |
Melt value is the pure-metal content; the scrap column applies the typical ~15% buy-back deduction. Stones and non-platinum parts are not counted.
The calculation
PT850 melt value comes straight from the spot price and its purity:
melt = spot/g × purity × weight(g)
= $54.50 × 0.85 × 1
= $46.32 per gramSubtract roughly 15% for a realistic buy-back offer. To value a whole piece, weigh it in grams (a $10 jewelry scale is accurate enough) and multiply by the per-gram figure above.
Should you sell PT850 platinum for scrap?
- Confirm the purity from the hallmark first. The stamp sets the multiplier — PT850 means 85.0% platinum. Not sure what the mark says? See the hallmark guide.
- Weigh it accurately in grams, excluding gemstones and any non-platinum clasps or findings.
- Compare offers. Dedicated refiners pay closer to the $46.32/g melt value; pawn shops and mall "we buy gold" counters usually pay less. A designed or branded piece can be worth more sold intact than melted.
- Not sure of the metal or hallmark? Scan it in the Jewelry Identifier app to read the metal, purity, and stamp from a photo before you negotiate.
Prices update daily from the global spot market. This is an estimate for guidance, not a certified appraisal or a locked quote.
* Frequently asked
FAQ
- Q. How much is 1 gram of PT850 platinum worth today?
- A. About $46.32 in pure melt value as of October 11, 2026. A scrap buyer or pawn shop typically pays ~85% of that — roughly $39.37 per gram — after deducting refining and margin.
- Q. How do I calculate the value of PT850 platinum?
- A. Multiply the platinum spot price per gram ($54.50 today) by the purity (0.85) and then by the weight in grams. For example, a 5 g PT850 piece is 5 × $46.32 = $232 in melt value. Weigh only the platinum — exclude stones and non-platinum clasps.
- Q. Why is a buy-back offer lower than the melt value?
- A. Refiners and pawn shops deduct assay, refining, and margin — commonly 15% or more — so a real cash offer for PT850 lands near $39.37 per gram rather than the full $46.32 melt value. Gemstones and non-platinum components are excluded from the weighed total too.
- Q. Is this PT850 platinum price live?
- A. It reflects the global platinum spot price as of October 11, 2026, refreshed daily. Spot moves continuously during market hours, so treat these as a close estimate, not a locked quote.
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