Sell your unwanted scrap metal to us
Type R thermocouple wire is composed of two distinct legs: one leg is 87%, while the other is pure .999 platinum. This specific combination allows Type R thermocouples to deliver highly accurate temperature readings, up to 1600°C.
Gold Traders purchases all types of platinum thermocouple wire, including Type R with its unique composition. We accept Type R thermocouples regardless of their condition, whether new, used, or damaged, appreciating the inherent value of platinum in any form.
Gold Traders offers two convenient options for selling platinum thermocouple wire. Customers can visit a counter in person for a face-to-face transaction, allowing for immediate valuation and payment. Alternatively, customers can send their thermocouple wire by post. This option includes next-day payment once the package is received, ensuring a quick and secure transaction process.
View a full summary of all our scrap platinum prices here:
Platinum Pricing
Our 87% Platinum Thermocouple Prices
Our 870 platinum thermocouple price per gram rate quoted below is the rate we currently pay our customers. No fees are deducted for testing, processing, or refining.
If you visit us today (Monday to Friday), our valuation will be calculated according to the rate shown on this page. Postal customers have their valuation calculated on the rates quoted on the day we receive the package.
| Purity | £ per Gram | £ per Ounce | £ per Troy Ounce |
|---|---|---|---|
| 870 (87%) Platinum | £25.93 | £735.10 | £806.50 |
| 999 (Scrap) Platinum | £29.81 | £845.10 | £927.18 |
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Please note
* The platinum rate quoted above is using our scrap platinum rates.
** The platinum rate quoted above is using our bullion platinum rates.
We buy Platinum
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Your questions answered
We've compiled a list of our most frequently asked questions. If there's something we haven't covered, please call us & we'll be happy to help. Read all FAQs.
Subject to you giving us timely authorisation of payment, we will pay you on the day of receipt (Monday to Friday).
It depends on the type of thermocouple wire you have, of which there are three. The rates quoted below are the prices that Gold Traders is currently paying.
- Type B: £20.87/g (70% conductor) & £28.02/g (94% conductor)
- Type R: £25.93/g (87% conductor) & £29.81/g (100% conductor)
- Type S: £26.83/g (90% conductor) & £29.81/g (100% conductor)
As an internationally traded commodity, the market rate for precious metals changes minute by minute. To be transparent, we publish the live market metal prices so that you can compare our rates with the live price.
If you scroll back up this page, you'll see the rates we pay.
You will probably come across other dealers who quote their 'scrap' prices at surprisingly similar rates to the live metal price. Be very wary of sending your items to a dealer who only quotes the live price. Please remember the dealer is looking to make a profit, and they will have their overheads to cover. You will never receive the live metal price for scrap gold, silver, platinum or palladium from any dealer.
If you read their small print very carefully, you'll likely discover that the 'price' they quote online isn't a genuine indication of what you're likely to receive. These dealers can offer you between 40% - 60% of the actual value of your items.
Helpful resources from Gold Traders
If you find prices better than ours, let us know! We'll always aim to match it or help you to spot any hidden fees that other companies may try to hide.
