There are times of crisis when people get short on cash and need to do something in order to make ends meet. This is why precious metals such as gold, platinum and silver make a good investment at any given time. If you want to either buy or sell such assets, you can find a comprehensive list of Lake Orion platinum dealers here.

All companies are listed with all needed details, so that you can get in touch with a customer representative and see what deal you can obtain. You can save many hours of research by using directly our list instead of searching for precious metals dealers elsewhere on the web.

Silver Image

4000 Baldwin Rd, Auburn Hills, MI 48326

(248) 338-0401

TPS Cash Flow Gold

1200 S Lapeer Rd, Oxford, MI 48371

(248) 572-4031

We Buy It

650 S Lapeer Rd, Oxford, MI 48371

(248) 236-0869

Prlanta Fine Jewelry & Timepieces

888 W Big Beaver Rd, Troy, MI 48084

(248) 362-3888

CranBrook Coin And Jewelry

2075 W Big Beaver Rd, Troy, MI 48084

(248) 530-1248

Check N Gold

2752 Berkshire Dr, Troy, MI 48083

(248) 291-6230

Gold USA Jewelers

1462 W Maple Rd, Troy, MI 48084

(248) 837-9990

AAA Coins Diamonds & Gold

3330 Rochester Rd, Troy, MI 48083

(248) 743-1500

Bongiorno Alexander J Creative Jeweler

101 W Big Beaver Rd, Troy, MI 48084

(248) 817-3871

Diamond Vault of Troy

801 W Big Beaver Rd Ste 103, Troy, MI 48084

(248) 513-8119

Skyline Diamond Setters

3001 W. Big Beaver Rd. Suite 112, Troy, MI 48084

(248) 643-4445

Diamond Vault Of Troy

801 W Big Beaver Rd Ste 200, Troy, MI 48084

(248) 244-0600

Metro Trade

555 Oliver Dr, Troy, MI 48084

(248) 244-0000

Matt's Jewelry Brokers

6041 Rochester Rd, Troy, MI 48085

(248) 813-8881

About Buying Platinum From Dealers

Platinum is a precious metal that you can buy on paper in the commodities market, or you can buy it in person from platinum dealers. However you buy platinum, there's no doubt that you can benefit from having it in your investment portfolio.

Investment advisers often recommend that you dedicate 9.5% of your portfolio in so-called hard assets, which includes precious metals like platinum, gold, and silver. Like gold, platinum can cushion your portfolio from inflation and the fluctuations in stock prices.

Platinum has intrinsic value, meaning that it has industrial uses, especially in the car industry where it is used for making diesel autocatalyst. Unlike gold, however, it can quickly change prices depending on the demand by the auto industry, and its accompanying supply (it is rarer than gold and silver). If you are a trader, you can definitely take advantage of this characteristic of platinum as a traded commodity.

However,  if you want to secure your portfolio, you need to buy hard platinum. Your best option is to buy platinum bars because you can get the lowest-priced per-troy ounce that way.

Like gold bars, you need to buy your platinum from a reputable platinum dealers – there are many counterfeiters out there, and you definitely don't want to become a victim.  A standard platinum bar is made of 10 troy ounces of this precious metal, at a purity of 0.9995. You can trade it, or have the dealer store it for you, or you could have it delivered to you.

Aside from bars, you could also buy platinum coins. They come with the same purity as the bars when you buy them from a reputable dealer, but only in smaller sizes.  There are two governments that mint these coins – the Canadian and the US government and they are treated as legal tender and are valued at the amount stamped on them.