5 Platinum Myths You Shouldn’t Believe

5 Platinum Myths You Shouldn’t Believe

Purchasing precious metals is one of the smartest ways to invest your money. When investing in precious metals, platinum is the obvious choice for many people. If it’s yours too and you hope to buy it soon, you should know all about it first. One important thing you should do in this regard is to enlighten yourself regarding 5 platinum myths you shouldn’t believe.

Myth 1- Platinum is Softer than Gold

Many people think that platinum is softer than gold. It is a myth. Platinum is considerably denser than gold and much more durable. It is among the few longest-lasting natural materials on the planet. This is one of the reasons it is a preferred choice for milestone jewelry like wedding bands or engagement rings. It holds precious gemstones in place very securely and helps gemstones to appear more brilliant.

Myth 2- White Gold and Platinum are Interchangeable

Though white gold and platinum might look similar, they are not. Platinum is the only true white metal. Gold’s natural state is yellow, so white gold is just an alloy created by mixing white metals with yellow gold and adding a layer of rhodium to it. Platinum is naturally white, so its color will never fade. In contrast, white gold must often be repainted to maintain its color. Also, platinum is hypoallergenic.

Myth 3- Platinum is More Prone to Scratches

It is a fact that all precious metals can scratch. But platinum is exceptionally durable and usually wears down at a slower rate than other precious metals. When platinum is scratched, the metal just moves aside and is not lost. In contrast, when gold scratches, tiny pieces of it can flake away. So, in the long run, the cost of maintaining gold is higher than maintaining platinum.

Myth 4- Platinum Will Age Poorly

Platinum always ages with grace. And when it does, it’s still loved. When a platinum piece is well-loved, it develops a satiny finish on the surface called “Platina” and is regarded as a badge of honor in the jewelry world. You can always get platinum pieces polished to return to their original shine if you prefer a luminous luster. As platinum ages gracefully, it can easily be passed from one generation to another.

Myth 5- Platinum is Very Expensive

Yes, platinum is more expensive than gold, but it’s not too expensive. It is a denser metal that’s 60% heavier than 14kt. white gold. Also, platinum jewelry is typically 95% platinum, but white gold is only 58.5% (14kt.) or 75% gold (18k). The amount of precious metal required to create white gold is less than creating a platinum piece. Also, the value of platinum rises with time and has lower maintenance costs than other metals.

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All in all, it can be said that investing in platinum is the right choice. If you are also looking for platinum for investment or other purposes, trust Rocky Mountain Precious Metals LLC. It is a full-service precious metals firm dedicated to providing our clients with the investment tools, secure depositories, and financing needed to invest in precious metals.

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Reference:https://platinumjewelry.com/platinum-pulse/engagement-rings/5-platinum-myths-debunked/