about platinum

Platinum is one of the rarest metals on Earth. It is often traded in ingot, bar or in coin form. 

Jewelry is also made from platinum, containing anywhere from 85% to 95% platinum. Jewelry may be marked as "Pt" or as "Plat". For example, a piece of jewelry containing 90% platinum will be marked, 900 Pt or 900 Plat.

If you're jewelry is simply marked "platinum", it is at least 95% pure (950 Plat).

Other jewelry may also be marked "platinum" if it contains at least 95% of platinum group metals. If this is the case, it must contain at least 50% pure platinum. The other platinum group metals and their percentages must also be marked. These metals may include iridium (Ir or Irid) and Palladium (Pall).

Many name brand luxury watches also offer a platinum model.

Click here for platinum spot prices

Click to see our store locations if you would like to sell platinum in Chicago.

Pawn Loans:
APR as low as 36% to 240%
You may choose a loand period from 90 days to up to one year.
Loan may be repaid at any time without penalties.
A 3% to 17% storage fee will apply.

For example, a $100 loan taken out for 90 days would require a repayment of $160.

Royal Pawn Chicago
428 S. Clark St.
Chicago, IL 60605
Tel: 312-427-6542 

FREE PARKING in our lot - look for the big yellow sign!

Hours: Mon - Sat 10am to 6pm

©2020 Royal Jewelers & Loans, A-Royal Redemption Center, Inc.

Royal Pawn Chicago is the best place in Chicago to sell gold and diamonds. We are the Chicago gold buyer who pays the most for gold. We buy gold, diamonds, platinum, silver, scrap gold, broken gold, gold coins, gold bars, unmatched gold earrings, gold necklaces, gold rings, class rings, military rings, silver coins, silver bars, antiques, fine jewelry, luxury watches, flat screen TVs, laptop computers, digital cameras, MP3 players or any items of value. You can sell your items or get a loan. Royal is Chicago's biggest and oldest pawn shop. Our family has been in the pawn brokerage business for over 100 years! We always PAY CASH FOR GOLD and valuables! Click here for your nearest pawn shop location.

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*Actors may be used to portray real transactions. Cash offers are based on the current value, weight, quality, and/or resale value of your merchandise.