How to Find a Gold Bar For Sale

Gold bar for sale comes in different sizes, weights and designs. These bars can range from a few dollars to thousands of dollars depending on their purity and design. They are sold in special packaging, often with an assay card, which confirms its purity and weight. The assay card should also have a serial number, making it easy for buyers to verify the authenticity of the product.

It's important to research companies before making a decision on buying a gold bar for sale. Consumer protection groups such as the Federal Trade Commission encourage consumers to check online reviews to see what other customers are saying about specific companies. A well-established gold bar seller will have a long history of good service and high consumer ratings.

One of the advantages of buying a gold bar is its lower premium compared to smaller bars. However, this type of purchase requires a serious investor. Buying a 1-kilo bar at early 2012 prices would require a considerable amount of cash. A 1-kilo bar would cost $55,459, excluding the premium paid to the bullion dealer.

The size and weight of a gold bar also determines its price. Larger bars will command a higher premium than small ones, but smaller ones can be more affordable than a 50-ounce bar. As long as you choose the right size and quality, owning a little gold will benefit you in the long run. If you are not sure about the authenticity of the bar, look for its hallmark, proper stamping, and a recognized refiner's stamp.

Another benefit of buying a CanadianBullion.ca Gold coin for sale is that you can store it anywhere, whether it is in your home or in a bank safe deposit box. They are also compact and durable. They can be stacked vertically, or you can arrange them side by side without protecting packaging. However, the space you need for storage may be a limiting factor.

One of the most popular types of gold bars for sale is the Perth Mint 10 oz. bar, which comes with the Perth Mint seal on the obverse and a kangaroo on the reverse. The bars have polished corners, fine lines and striking, and are made with strict standards.

While some gold bars can be traded, others are better suited for investment purposes. Often, central banks buy gold bars to add to their reserves. The London Bullion Market Association sets standards for these bars. Governments and private mints around the world produce these bars. Some countries prefer gold kilobars, which are smaller bars.

A good way to invest in a gold bar is by buying one from a reputable refinery. A Swiss refinery, Valcambi, produces these bars. This type of gold bar is available in different weights and sizes, and it is an excellent investment.