Platinum is one of the world’s most desirable precious metals, but it is often overlooked by investors interested in gold and silver because of the greater value of gold and increased variety of both metals. Nonetheless, platinum remains a popular option in the 21st century amid rising prices. Right now, the 1 oz Credit Suisse Platinum Bar is available from GoldClub Direct.
Credit Suisse is one of the world’s leading refiners of precious metals. The refinery focuses not on the production of coins and rounds, but rather sticks strictly to the refinement of gold, silver, platinum, and palladium bars in minted ingot form, with the additional production of cast bars, as well.
Platinum is a metal that has had an up-and-down production history in recent years around the globe. The metal was in high demand until the late 1990s as prices sank, mints and refineries exited the market. However, rising platinum prices in the early 21st century brought more producers back into the marketplace, with new coins and bars appearing for investors to snatch up.
The rising demand for platinum has more to do with its wider use. While gold and silver remain exclusively used in industries such as jewelry and small technology products, platinum is used for catalytic converters for automobile engines, dental equipment, lab equipment, electrical contacts and even electrodes.
On the obverse of these 1 oz Credit Suisse Platinum Bars, you’ll find the image of the Credit Suisse name and logo in its trademark rectangle at the top of the bar. This is followed by the weight, purity, and metal content of the bar engraved in the center, with additional markings of the Assayer’s stamp and the individual serial number.
The reverse of all 1 oz Credit Suisse Platinum Bars includes only the image of the Credit Suisse logo, which consists of the company name inside of a rectangle. This appears numerous times on the reverse in a repeating design with the logos set at a 45-degree angle. Each of these 1 oz Credit Suisse Platinum Bars ships to you inside of a plastic sleeve and includes a numbered Assay card.
Credit Suisse is a multinational financial service and holding firm headquartered in Zurich, Switzerland. It was founded in 1856 to help finance the construction of the national railway system in Switzerland.