Originally Posted by Baeck
... or if you are forming a contraction by omitting letters from a word. In that instance, plat's may actually be proper, since you are contracting the word
platinums. I never type it that way, but I thought I'd just throw it out there so someone can flame me.

Plats is not a contraction...it's the plural of Plat, which is the singular of Plats.