Where To Buy Platinum In Somerville, Massachusetts

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

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

Local Platinum Dealers

1) LBC Boutique & Loan

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

2) La Chic Boutique

1.81 Miles Away (617) 821-6229 541 Massachusetts Ave Cambridge, MA 02139

3) Rolands Jewelry

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

4) Peroni's Jewelry

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

5) Kenmore Collectibles

2.95 Miles Away (617) 482-5705 466 Commonwealth Ave Boston, MA 02215

6) Art Carl Jewelers & AC Loan

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

7) Gold & Diamonds Etc

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

8) Bromfield Jewelers & Estate Buyers

3.12 Miles Away (617) 423-7464 53 Bromfield St Boston, MA 02108

9) Boston Jewelry & Loan

3.13 Miles Away (617) 542-1990 53 Bromfield St Boston, MA 02108

10) Colonial Trading Co.

3.14 Miles Away (617) 695-1652 41 Bromfield St Boston, MA 02108

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

Stay Liquid

Having liquid platinum on-hand and ready in the event of a crisis is the best hedge. Being invested in platinum ETFs is fine depending on your objectives, but if you're truly hedging against unforeseen market collapses, you want physical metal in your possession.

The Swiss Understand Property Rights

The Swiss government is unique, in that it's highly decentralized. They simply don't have the structure that would allow for a central authority to come in and confiscate property.


Because of this, they've long been considered a safe haven for metals like platinum, and the reason we recommend considering sending some there once you've accumulated a large amount.

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.