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Can I buy platinum anywhere minus vat


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On 03/04/2024 at 01:42, coinspinner said:

can I buy platinum anywhere  minus VAT ?

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Not in the UK unless it remains vaulted unfortunately.
Another problem with Pt is the margin which I don't fully understand but it's down to supply and demand.
When Pt is relatively cheap there is very little around to purchase.
Considering that Pt historically was more precious than gold ( and higher priced ) you would expect margins to be similar to gold, or perhaps a little bit more, but not as high as they tend to be. Having said that people will still purchase Pt with its high margin and VAT included ( me being one ) and you would only loose out big time selling to the trade.

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