A closer look at Pt950 platinum

950 platinum price per gram and melt value.

Current market reference: $49.41 per gram of pure platinum, checked Nov 8, 2026, 7:57 AM. At that reference, one gram of Pt950 platinum contains about $46.94 of platinum.

Pt950 is 95% platinum by weight. Start with the weight of the platinum-bearing parts, subtract stones and non-platinum components, then apply the current pure-platinum price per gram.

Platinum is dense, but density and color do not prove purity. White gold, palladium, stones, repairs, and mixed-metal findings can make a finished piece's total weight misleading.

Common marks include Pt950 or 950 Plat. A stamp can be wrong or forged, so keep the result provisional until the metal and usable weight are supported.

Estimated Pt950 platinum value by weight.

Pt950 platinum weightPure platinum contentEstimated melt value
1 gram 0.95 grams $46.94
5 grams 4.75 grams $234.71
10 grams 9.5 grams $469.42
20 grams 19 grams $938.84

These figures estimate contained metal. They do not include testing, refining, shipping, tax, marketplace fees, or the difference between a spot reference and an actual buyer's offer.

Calculate Pt950 platinumUnderstand price to melt

Free Pt950 platinum calculator

Calculate Pt950 platinum from its actual metal weight.

Enter the item's weight and subtract every part that is not Pt950 platinum. Add the asking price and buying costs if you want to compare the full purchase with the metal estimate.

Current market reference: $49.41 per gram, checked Nov 8, 2026, 7:57 AM. You can change it before calculating.

This estimates the contained platinum. It is not an appraisal, a resale offer, or a promise of profit.

Common questions

Questions about Pt950 platinum value.

How do you calculate the melt value of Pt950 platinum?

Subtract stones and other non-platinum parts from the total weight, multiply the remaining 950 platinum weight by 0.95, then multiply by the price of pure platinum per gram.

What does a Pt950 or 950 Plat mark mean?

A Pt950 or 950 Plat mark means the item is represented as 950 parts platinum per thousand, or 95% platinum. Testing may still be appropriate when the purchase depends on the metal content.

Is melt value the same as a buyer's offer?

No. Melt value estimates the platinum contained in the item. A dealer or refiner may pay less, and testing, refining, shipping, tax, and selling costs can reduce the amount received.

Search listings by price to melt.

Recheck the seller's current price, availability, condition, fees, and return terms before buying. SpotMelts keeps the product history when a listing sells out or disappears, while members can search current and sold-out records and sort supported listings by price compared with estimated melt value.

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