Yes. Especially considering gold and platinum prices as of today, Pt costs less than Au. - but let's earn much more with more modern solution and simultaneously slowly murder the king in a very nefarious plot:
Gold is 40 $\$/g$ at 19.3 $g/cm^3$
Platinum is 39 $\$/g$ at 21.45 $g/cm^3$
Depleted Uranium is about 6 $\$/g$ at 19.1 $g/cm^3$ (1)
[sorry for the source, but at least it cites some references, so I believe the prices aren't that much off.]
$\rho_{Au} = 19.3 g/cm^3 \\ \rho_{Pt} = 21.45 g/cm^3 \\ \rho_{DU} = 19.1 g/cm^3 $
Let's assume we want to produce $1cm^3$ of the new alloy of same density as gold. Our set of equations will be:
$ V_{Pt} + V_{DU} = 1 \\ \rho_{Pt} V_{Pt} + \rho_{DU} V_{DU} = 1 \rho_{Au} $
so, changing sides and substituting:
$ V_{DU} = 1-V_{Pt} \\ \rho_{Pt} V_{Pt} + \rho_{DU} (1-V_{Pt}) = \rho_{Au} $
$\rho_{Pt} V_{Pt} - \rho_{DU} V_{Pt} = \rho_{Au} - \rho_{DU}$
$ (\rho_{Pt} - \rho_{DU} ) V_{Pt} = \rho_{Au} - \rho_{DU}$
$ V_{Pt} = { { \rho_{Au} - \rho_{DU} } \over { \rho_{Pt} - \rho_{DU} } } $
$ V_{Pt} = 0.2/2.35 = 0.085 cm^3 ; M_{Pt} = \rho_{Pt} V_{Pt} = 1,823 g$
$ V_{DU} = 1 - V_{Pt} = 0.915 cm^3 ; M_{DU} = \rho_{DU} V_{DU} = 17,476 g$
Dividing these by density of gold, we'll obtain masses that comprise 1 gram of the "fake gold".
$ m_{DU} = 0.905g \\ m_{Pt} = 0.095g $
Now considering the prices, 0,095g Pt is 3.70 USD; 0.905g DU is 5.45 USD for a total of 9.13USD for gram of the alloy, replacing 40USD for gram of gold. That's less than one fourth the price.
Of course since the appearance of platinum-DU alloy won't fool anyone, you'd need to make some kind of "skeleton" to be plated with gold on the outside to hide the forgery and somewhat extend the king's life before he dies of brain cancer.
Using the values of metals in 287 BCE – 212 BCE, you won't find depleted uranium on sale. But I remember a historian friend telling me the ancients didn't recognize platinum as a precious metal - miners would dig it up sometimes along with silver, and naming it "young silver", believing it needs to rest in soil for a few generations more, would bury it to "mature".
So I believe, with platinum being considered nearly worthless, addition of some lighter metal, like copper to balance out the density gain, replacing majority of the crown with platinum would bring immense profits. If only the crown maker knew of the density of the "young silver"...