When people think about selling precious metal jewellery, gold tends to dominate the conversation. But platinum — rarer, denser, and arguably more prestigious — can represent significant value that is simply sitting unworn in a drawer. If you are considering selling platinum in Cape Town, here is what you need to know before you do.

What Makes Platinum Valuable?

Platinum is one of the rarest metals on earth — approximately 30 times rarer than gold. South Africa produces the majority of the world’s platinum supply, making it a commodity with strong local relevance. Platinum is also considerably denser than gold, meaning a platinum ring will typically weigh more than a visually similar gold ring, directly contributing to its value.

Like gold, platinum’s spot price fluctuates daily based on global commodity markets. You can track the live platinum price on Kitco to get a sense of where the market sits before your appointment.

How is Platinum Jewellery Valued?

Purity. Platinum jewellery is stamped with a purity mark such as “950” (95% pure), “900” (90% pure), or “850” (85% pure). The higher the purity, the more valuable the piece per gram. If you are unsure of your item’s purity, our team can test it for you.

Weight. Once purity is established, the offer is based primarily on weight. Our certified scales give an accurate reading that forms the transparent basis of every offer we make.

Selling Platinum in Cape Town: What to Expect

Selling platinum in Cape Town at Gold and Diamond Traders is straightforward. Bring your piece to our secure store at Graanendal Shopping Centre in Durbanville. Our team will:

  • Test the purity of your platinum
  • Weigh the item on certified scales
  • Present a transparent, market-related offer based on the current platinum spot price
  • Pay you immediately in cash or via EFT if you choose to proceed

There is no obligation to sell. We explain every step and welcome your questions.

What Else Can You Bring In?

Alongside platinum, through our we buy gold and jewellery service we also buy gold (yellow, white, and rose), silver, Krugerrands, gold bars and coins, and dental gold. We are licensed in bullion trading. Whether you have one item or a collection, each piece is assessed individually at a competitive market-related price.

Safe, Transparent, and SAPD Licensed

Our store has a time-delay security door system to protect both you and your valuables. We can provide our SAPD licence and business registration details on request. Bring a valid form of ID to complete the transaction, and your banking details if you prefer EFT payment.

CONTACT US to arrange an appointment, or simply walk in at Graanendal Shopping Centre, Durbanville. We look forward to giving you a fair, honest offer.

Coming Soon — Shop Online: Gold and Diamond Traders is launching an online shop very soon, bringing even more of our services to your fingertips. Watch this space!