1. Jewelry Identifier
  2. Platinum melt value
  3. PT950 · 1 g

* Platinum melt value

PT950 1 g melt value today

1 g of PT950 platinum (95.0% pure platinum) is worth about $55.86 in melt value as of August 29, 2026 — a scrap buyer typically pays ~85% of that ($47.48) after refining and margin. That weight is typical of ear studs, thin chain links, small platinum charms.

Published July 11, 2026 · Updated August 29, 2026

PT950 · 1 g — live estimate

Melt value
$55.86
Realistic scrap (~85%)
$47.48
Pure platinum content
0.950 g
Per-gram melt
$55.86/g
Purity
95.0% (PT950)
As of
August 29, 2026

The calculation

melt = spot/g × purity × weight(g)
     = $58.80 × 0.95 × 1
     = $55.86

Scrap buyers typically deduct ~15% for assay and refining, landing near $47.48. Designed or branded pieces can sell for more intact than melted.

What usually weighs about 1 g?

At 1 g, you are usually looking at ear studs, thin chain links, small platinum charms. Confirm the hallmark matches PT950 before you accept a scrap offer — plated lookalikes are worth far less.

Before you sell

  1. Confirm the PT950 stamp (or equivalent fineness mark).
  2. Weigh in grams on a jewelry scale; exclude stones and non-platinum parts.
  3. Compare at least two scrap offers against the $47.48 ballpark above.
  4. Not sure of the metal? Scan it in the Jewelry Identifier app first.

* Frequently asked

FAQ

Q. How much is 1 g of PT950 platinum worth today?
A. About $55.86 in pure melt value as of August 29, 2026. A realistic scrap offer is near $47.48 (~85% of melt) after refining and margin.
Q. How much pure platinum is in 1 g of PT950?
A. PT950 is 95.0% platinum by weight, so 1 g contains about 0.950 g of pure platinum.
Q. How do I calculate PT950 value myself?
A. Multiply today's platinum spot per gram ($58.80) by the purity (0.95) and by the weight in grams (1). That is $58.80 × 0.95 × 1 = $55.86.
Q. Is 1 g a normal weight for PT950 jewelry?
A. Yes for ear studs, thin chain links, small platinum charms. Weigh only the platinum — exclude stones and non-platinum findings — before using this estimate.

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