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 Picacho 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.

Gold & Cash Roundup

1107 N Main St, Roswell, NM 88201

(575) 622-2274

Gold & Cash Roundup

2609 N Main St, Roswell, NM 88201

(575) 623-4653

M & M Coin & Hobby Co

207 W 3rd St, Roswell, NM 88201

(575) 622-4751

Gomez's Gold & Silver Crtns

127 Rio St, Ruidoso, NM 88345

(575) 257-1449

Penny Pinchers

127 Rio St, Ruidoso, NM 88345

(575) 257-7597

Rd Metals

113 Randle Dr, Ruidoso, NM 88345

(575) 257-5460

Penny Pinchers

2117 Sudderth Dr # 3, Ruidoso, NM 88345

(575) 257-7597

Mitchell's Silver Turquoise & Gifts

2622 Sudderth Dr, Ruidoso, NM 88345

(575) 257-6924

American W Gold Merchants

1106 10th St, Alamogordo, NM 88310

(575) 415-3290

NM Gold Exchange

1200 N White Sands Blvd, Alamogordo, NM 88310

(575) 415-6228

The Blue Stone

1117 S White Sands Blvd, Alamogordo, NM 88310

(575) 437-9828

Southern New Mexico Prospecting Supplies

600 Elm St, Alamogordo, NM 88310

(575) 921-4986

Alamo Stamp & Coin Shop

1720A 9th St, Alamogordo, NM 88310

(575) 491-4385

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.