First, decide what kind of Platinum you’re interested in buying. There are several types of Platinum, ranging from scrap to bullion products. Second, determine the form in which you’d like to buy. If you’re buying Platinum bullion, choose between Platinum coins, bars and rounds (they look like coins but carry no face value and are not backed by a sovereign government as currency).

Next, do your research and identify a reputable seller. For example, The United States Mint does not sell directly to the public but offers a list of Authorized Purchasers. APMEX has been on that shortlist since 2014 and is in such good company as Deutsche Bank, Scotia Bank and Fidelitrade, to name a few.

Finally, prepare for how you will securely protect and store your Platinum. There are many factors and options for this. For a small fee, you can store it with a trusted third party such as Citadel (a service offered by APMEX). Of course, many choose to store their Platinumin their own vaults or lockboxes at home, as well.