Bullion Bars Are Cast In Large Sizes From Molten Gold

Gold bullion bars are an ideal investment for those who wish to diversify their Precious Metals portfolio and hedge against economic uncertainty. Their size and simplicity make them a more cost-effective alternative to bullion coins or rounds. Typically produced in mass quantities to achieve the lowest premium over Precious Metal content, bullion bars also provide the investor with added security and traceability as they are made under standardized conditions for production, labeling, and record-keeping.

first released on January 9, 2020 that is poured into molds. A gold bar can be a small as an individual 1-ounce bullion piece, or it can be much larger and minted to create a design, theme, or markings. Regardless of their size or type (cast or minted ingot), most bullion bars are available with a purity of.9999 pure gold and come housed inside tamper-evident protective packaging. In addition, they include an assay card that verifies the weight, purity, and metal content of the bar as judged by a professional assayer.

The Royal Canadian Mint produces a wide range of gold bars from 1 ounce to 10 ounces with different shapes, styles, and themes. All RCM gold bars are refined to a purity of.9999 pure gold and feature a serial number on the assay card that can be used for authentication purposes when sold or traded. This ensures that the bullion is genuine and is not tampered with or compromised before it gets into your hands.

In contrast, coins require more time and money to produce than bars. They must be liquified, poured into a mold, cooled, pressed into shape, and often have inscriptions and finishes applied. Some coins also need to be encased in protective slabs, which adds even more to their total cost and time of production.

If a coin is considered to be a collectible, it can carry a premium over the bullion value because of its artistic or historic value. While bullion bars may also have a collectible value, they do not command the same premium because they are valued only for their Precious Metal content and melt value.

The LBMA has a strict criteria that bars must meet to be considered to be "Good Delivery" bullion, and these standards are verified on each bar as it is produced and shipped to the refiner for finishing. The process of establishing these standards helps to maintain an international standard for the market and allows investors to trade bullion bars across borders without paying a sales tax. Good Delivery bars are also eligible for IRA investments in many countries.

JM Bullion offers gold and silver bars in a variety of shapes, sizes, and designs to meet the needs of every collector. We offer our customers the choice of a personal account, which allows one private individual to manage all their precious metal investments, or a joint or corporate account that can be operated by more than two individuals. We also offer a trust or charity account, which allows companies, charities, or organizations to invest in and receive physical gold bars.