Where To Buy Platinum In Peabody, Massachusetts

Buying Platinum Near Peabody Is Easy As 1...2...3!

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Buying platinum in Peabody, Massachusetts has never been easier! Dozens of local and national platinum dealers are standing by to help you invest!

Local Platinum Dealers

1) RJ Coins and Jewelry

4.39 Miles Away (978) 745-8563 68 Wharf St Salem, MA 01970

2) Kaminski Auctions

4.82 Miles Away (978) 927-2223 117 Elliott St Beverly, MA 01915

3) Sherman Loan Company

4.92 Miles Away (781) 598-4567 4 Freeman Square Lynn, MA 01901

4) Fast Cash Buy-Sell-Loan

5.12 Miles Away (781) 584-8696 50 State St Lynn, MA 01901

5) Cash Point

8.68 Miles Away (781) 629-5080 7 Everette St Revere, MA 02151

6) Gold & Diamonds Etc

8.84 Miles Away (781) 322-6700 27 Pleasant St Malden, MA 02148

7) Art Carl Jewelers & AC Loan

8.86 Miles Away (781) 322-4551 56 Pleasant St Malden, MA 02148

8) Peroni's Jewelry

8.99 Miles Away (781) 321-0006 22 Eastern Ave Malden, MA 02148

9) Rolands Jewelry

10.66 Miles Away (781) 391-9889 70 High St Medford, MA 02155

10) LBC Boutique & Loan

12.22 Miles Away (617) 821-6229 260 Elm St Somerville, MA 02144

Platinum Purchase Formats

There are a number of physical formats you can consider when buying platinum:


  • Platinum Coins: Some coins have a "rarity" component associated with them that can add to their value. Coins are a great option but avoid purchasing based on rarity unless you really know what you're doing
  • Platinum Jewelry: Investing in jewelry is another option. You'll take craftsmansip, design, and purity into account when valuing these items.
  • Platinum Bars: Bars are typically quite pure, and stamped with the name of the production refinery. Value is directly aligned to the amount of metal in the bar.
  • Platinum ETFs: These are funds designed to follow the spot price of platinum. It doesn't mean you own anything physically, and isn't an effective hedge against total system collapse (but can be a good investment vehicle for some).

Tips For Buying Platinum In Massachusetts

Know And Comply With The Law

It's important to comply with the law when it comes to buying platinum, and knowing what they are goes a long way.


Under a certain dollar amount, there's no need to declare (which may be attractive to some), but once you hit a threshold you will need to (and should) declare your holdings.

Platinum Purchase Format

As a general rule, you should look at buying legal tender platinum coins wherever possible. This will almost certainly include less overhead and premium than other formats, and be closer to the true spot price of platinum.


Purchasing rare platinum coins should be avoided unless you really know what you're doing. Some subjective measures of value are easy to misjudge, and may result in you getting taken advantage of.

Invest On A Long Time Horizon

When investing in any asset, including platinum, it's important to keep the time horizon in mind. Prices fluctuate, and over a longer time horizon there's a better chance of your investment appreciating in value.


The last thing anyone would want is to invest money they'll need in the coming months, only to have the market move against them. Talk to your financial adviser, and carefully plan any future purchases.

Keep Some Platinum Nearby - But Not Too Much

Governments around the world have seized noble metals from time to time, so keeping your entire stash locally could be a bad idea depending on where you live.


Safe jurisdictions like Switzerland should be considered when you get to the point of holding a significant (tens of thousands of dollars worth generally) amount.