Have you purchased platinum through GoldRepublic? Then you can sell it back to us safely and easily at any time.
There may be various reasons why you want to sell your platinum. Perhaps you want to take profit after an increase in the price of platinum. Or you expect the platinum price to fall in the short term and want to temporarily free up liquidity. It may also be that you want to adjust the composition of your portfolio and, for example, switch partially to gold or silver.
Whatever your reason, at GoldRepublic you always benefit from a buy-back guarantee on the platinum you have purchased through us.
At GoldRepublic, selling platinum is simple and completely transparent. Thanks to our buyback guarantee, you can sell the platinum you purchased from us at any time at the current platinum price.
Step 01
Log in to your GoldRepublic account.
Step 02
Select the amount of gold you want to sell.
Step 03
Confirm the sale at the current price.
Step 04
After the transaction, you can deposit the amount into your account.
When you sell platinum through GoldRepublic, you can choose from different types of sell orders:
Are you selling your platinum back to GoldRepublic? Then you will receive the current platinum bid price, which is slightly lower than the market price.
You pay 1% transaction costs on the sale of your platinum. This amount is automatically deducted, after which the remaining amount is credited to your GoldRepublic account. You can reinvest this in other precious metals or have it paid out directly to your contra account at your bank.
The selling price of platinum continuously follows the international platinum market. This fluctuates with supply and demand, which are strongly influenced by industrial and economic developments. At GoldRepublic, we always use completely transparent pricing, so that you receive a fair and current price.
As with gold and silver, there is a difference between the purchase price and the selling price of platinum; this is known as the spread. This is caused by:
As a result, you receive slightly less than the current price when you sell, and you pay slightly more when you buy.
Buying gold can be a wise choice, especially in times of economic uncertainty or inflation. Historically, gold has retained its value well and offers protection against declining currency purchasing power. In addition, physical gold is a tangible asset that you can keep outside the financial system...
At GoldRepublic, you can buy whole gold bars or become a co-owner of a bar. If you become a co-owner, you pay NO bar reservation fees and you may be allocated anew bar every day. Legally, this makes no difference. You are still the(co-)owner of physical gold. The gold is delivered to you. You still know which bar you own (based on the bar number). Only in the event that, due to extreme circumstances, GoldRepublic is no longer able to provide its services, will you have to agree with the co-owners on what to do with the bar (sell or melt it down). If you reserve your own bar, this is not the case.
Yes, investment gold is exempt from VAT in the United Kingdom and throughout the European Union. This exemption applies to gold bars with a purity of at least99.5% (24 carats). All gold bars you purchase through GoldRepublic must meet these conditions and are therefore exempt from VAT.
In the Netherlands, you must declare physical gold that you own as assets in box 3 of your tax return. The reference date used for this is 1 January of the tax year for which you are filing your return. This means you declare the value of your gold on 1 January, based on the gold price on that day. However, always check with your tax adviser to see what applies to your personal situation.
Open an account for free and discover how easy it is to trade physical bullion with GoldRepublic
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