1. Jewelry Identifier
  2. Platinum melt value
  3. PT950 · 500 g

* Platinum melt value

PT950 500 g melt value today

500 g of PT950 platinum (95.0% pure platinum) is worth about $24,679 in melt value as of July 13, 2026 — a scrap buyer typically pays ~85% of that ($20,977) after refining and margin. That weight is typical of platinum bars, scrap lots, dealer inventory.

Published July 11, 2026 · Updated July 13, 2026

PT950 · 500 g — live estimate

Melt value
$24,679
Realistic scrap (~85%)
$20,977
Pure platinum content
475.000 g
Per-gram melt
$49.36/g
Purity
95.0% (PT950)
As of
July 13, 2026

The calculation

melt = spot/g × purity × weight(g)
     = $51.96 × 0.95 × 500
     = $24,679

Scrap buyers typically deduct ~15% for assay and refining, landing near $20,977. Designed or branded pieces can sell for more intact than melted.

What usually weighs about 500 g?

At 500 g, you are usually looking at platinum bars, scrap lots, dealer inventory. 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 $20,977 ballpark above.
  4. Not sure of the metal? Scan it in the Jewelry Identifier app first.

* Frequently asked

FAQ

Q. How much is 500 g of PT950 platinum worth today?
A. About $24,679 in pure melt value as of July 13, 2026. A realistic scrap offer is near $20,977 (~85% of melt) after refining and margin.
Q. How much pure platinum is in 500 g of PT950?
A. PT950 is 95.0% platinum by weight, so 500 g contains about 475.000 g of pure platinum.
Q. How do I calculate PT950 value myself?
A. Multiply today's platinum spot per gram ($51.96) by the purity (0.95) and by the weight in grams (500). That is $51.96 × 0.95 × 500 = $24,679.
Q. Is 500 g a normal weight for PT950 jewelry?
A. Yes for platinum bars, scrap lots, dealer inventory. Weigh only the platinum — exclude stones and non-platinum findings — before using this estimate.

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