Where To Buy Platinum In Royal Oak, Michigan

Buying Platinum Near Royal Oak Is Easy As 1...2...3!

Step 1
Place Your Order Online!

Step 2
Platinum shipped in 24 hours!

Step 3
Your Platinum arives!

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

Local Platinum Dealers

1) 14K Pawn & Exchange

1.03 Miles Away (248) 545-1000 28975 Woodward Ave Berkley, MI 48072

2) Birmingham Coin & Jewelry

3.27 Miles Away (248) 642-1234 33802 Woodward Ave Birmingham, MI 48009

3) Chantelle Jewelers

3.51 Miles Away (248) 589-0027 30573 Dequindre Rd Madison Heights, MI 48071

4) Diamond Vault of Troy

3.65 Miles Away (248) 244-0600 801 W Big Beaver Rd Ste 103 Troy, MI 48084

5) Cranbrook Coin And Jewelry

3.82 Miles Away (248) 530-1248 2075 W Big Beaver Rd Ste 110 Troy, MI 48084

6) Tapper's Diamonds & Fine Jewelry

4.05 Miles Away (248) 649-2000 2800 W Big Beaver Rd Troy, MI 48084

7) Diamond City Jewelers

4.19 Miles Away (248) 268-3222 15631 W 9 Mile Rd Southfield, MI 48075

8) Pay Beny

4.48 Miles Away (800) 729-2369 21380 Greenfield Rd Oak Park, MI 48237

9) American Jewelry & Loan

5.06 Miles Away (313) 345-4000 20450 Greenfield Rd Detroit, MI 48235

10) Golden Island Jewelry & Pawn

7.10 Miles Away (586) 756-2110 23524 Van Dyke Ave Warren, MI 48089

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 Michigan

Don't Buy Platinum On Credit

Buying platinum on credit or speculating on the future price can lead to getting yourself in a significant financial jam.


Instead, put some money to the side that you're sure you're not going to need in a short time horizon, and use that to invest.

Stick To Physical Platinum Coins, Bullion, and Jewelry

Platinum owned through a commodities exchange, or "on paper" is no substitute for physical bars, coins, or jewelry. Exchanges are heavily leveraged, which means if everyone tried to "cash out" at once, there isn't enough physical metal to go around.


Moreover, precious metals are typically meant as a hedge against the complete collapse of the traditional banking infrastructure. If you wind up needing it, you'll want to have it close at hand!

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.

Avoid The Banking System

Physical precious metals like platinum are a hedge to the traditional banking system. In a crisis, if the system collapses, it may very well take your property down with it (if it can).


If there is a run on the banks, having your platinum under your direct control means they can't confiscate it, block access to it, or have loaned it out in a leveraged fashion.