The list of metal refineries the U.S. Gold Bureau offers products from is staggering. Regardless of what your favorite mint is, you should be able to find multiple different sized gold bars from them on our site; plus our catalog is expanding all the time. Find bars distributed by ITB or International Trade Bullion, a company from the Southwest United States. ITB works hand-in-hand with the U.S. Gold Bureau to provide thoroughly refined metals using modern quality control and advanced refining methods. We also offer bars from a number of international mints such as the Australia's Perth Mint and the Royal Canadian Mint.
The mining of silver began some 5000 years ago and was first discovered and excavated in what is now modern day Turkey. The center of silver mining eventually shifted to Greece and later to Spain. The Spanish went on to become the major silver supplier to the Roman Empire and played a vital role in Asian trade along the spice routes. Following the Moorish invasion of Spain, mining slowed in the region and began to spread to other parts of Europe.
Issued by the Bavarian State Mint in Germany, the Somalian Gold Elephant collection debuted in 1999 as a Zambian Elephant Series. Since 2004, the coins have been issued for Somalia. The Gold Coins offer some of the greatest diversity you’ll find in any gold bullion coin collection. In addition to a 1 oz coin, the bullion coin is also available in 1/2 oz, 1/25 oz, 1/50 oz, and 1/2 Gram coins. Designs of the Somalian Gold Elephant include:
Gold coins price is based on the weight of the precious metal and the scarcity of the coin itself. The scarcity arises from the fact that once a mintage of a coin is done for a specific year there will never be another coin of that year produced. Minted coins also offer the guarantee that comes from a reputable mint like the U.S. Mint. Gold coins are generally legal tender in the country that the coin was minted.
Arguably, gold has the freest market value mechanism of all assets in the world. As such, economic factors determine the price of gold, mainly the decline of the U.S. dollar, or other fiat currencies which it is measured by. Decreases in the value of ones currency leads to higher prices of gold and greater appreciation for its value as true, honest money. Also, uncertainty in the financial markets such as interest rates, stock prices and political uncertainties generally lead to greater demand for gold and a greater appreciate in the price of gold.
If you’re looking for a real deal on silver, consider purchasing bulk volumes of former US circulation coin designs. Until 1964, the United States issued all of its circulation silver coins with a 90% silver content. This includes items such as the Barber Coinage (1892-1916), the Mercury Dime (1916-1945), and the Walking Liberty Half Dollar (1916-1947). These coins are often available in bulk linen sacks and showcase signs of wear and tear as they were previously in circulation. No matter the condition of the designs, the coins still contain 90% silver content and are an affordable option for first-time investors in particular.
White says that American Eagle Bullion coins, one of the most popular coins for investing in gold, first make their way into the market when they are sold to the Mint’s “authorized purchasers.” (See the list below of the authorized purchasers and their prices, terms and conditions. If you’re new to buying gold, they are a great place to start.) Gold coins are also sold in commemorative editions directly to the public, but these are more expensive. The Mint marks up the price of the coins to cover the value of the gold and the actual minting, as well as shipping and other costs, White says. Dealers say that markup is about 3%. Then the authorized purchasers -- some of whom sell directly to the public and all of whom sell to other dealers -- add their own markup, as do the dealers who buy the coins.
Investors looking for bullion coins and gold eagles look at factors like scarcity. Those that are harder to find are the ones that collectors want. They also look at the overall size of the coin and its face value. While a dime may have a face value of 10 cents, it could be sought after more by investors. Collectors may put less importance on a coin with a higher silver content. Gold bars should contain a stamp that tells you its total gold content.
For people who want to ‘play the market,’ i.e. buy and sell regularly to earn immediate profits on every transaction, it is essential to invest in products that can be moved quickly. Although the strategy (buy low and sell high) is simple, investors who want to take this route need to have complete knowledge regarding silver bullion products and the precious metals market, as well as an appetite for risk. Smaller portable investment vehicles such as silver coins and rounds are usually preferred by these types of investors.
Gold mining stocks have their benefits and their drawbacks, and aren't the purest way to own gold. If you choose to take this route, you'll want to pay close attention to a company's mining costs, existing mine portfolio, and expansion opportunities at both existing and new assets. All of these will play a role in determining what an investor is willing to pay for a gold miner's stock (in addition to the spot price of the metal itself, of course).
For those investors looking for variable prices, more designs, and greater options when it comes to the gold they buy, gold bullion bars are an excellent choice. As diverse as gold bullion coins can be, there’s no matching the variety available when you buy gold bars online. Gold bullion bars are offered by private mints and refineries located around the globe. There is no government backing or central bank support, but these refineries have certified assayers (in many cases) checking the quality, purity, and weight of each product before it leaves the refinery. Gold bars feature at least .999 pure gold as well, with .9999 the standard in most products. Further, the weights offered for gold bars range from as small as 1 Gram to as large as 5 Kilograms. The following are some of the many gold bullion bars you’ll find available:
These particular buyers are looking to create a hefty fund to hedge inflation. When seeking to establish a substantial fund, bars become an extremely attractive option, as they are the easiest to stack and store. They come in weights as high as 32.15 troy ounces, making storage relatively easier when compared to other instruments such as rounds and coins. However, providing adequate safety and security to this massive quantity of gold can be a tedious task. Hence, investors are increasingly attracted towards offshore gold storage facilities, advertising top-of-the-line security and peace of mind.
In addition to American Gold Eagles, we carry large quantities of foreign coins and gold bars. Our gold bar selection includes Pamp Suisse, Perth Mint & Credit Suisse bars. We also offer American Gold Buffalo coins, pre-1933 gold bullion, and other gold products. Among precious metals, gold is renowned for its beauty and rarity. For the latest update in spot gold prices, please refer to the box in the upper right-hand corner. Order online today for secure delivery or place an order by phone at 1-800-735-1311.
Jack Hunt (NY): 800-877-7424. Minimum purchase of five ounces. Payment must be sent upfront, then the company ships. Coins offered: one-ounce Gold Eagle coins minted in 2011 or past years. The company recently charged 4% over the spot price. With the purchase of 100 coins or more, you get a discount. For example, the markup would be reduced to 3.9% for 100 coins. With an order of 20 or more coins, there’s no shipping fee; for fewer than 20, there’s a $25 flat fee.
In 2007 the Royal Canadian Mint produced a 100 kilograms (220 lb) gold coin with a face value of $1,000,000, though the gold content was worth over $2 million at the time. It measures 50 centimetres (20 in) in diameter and is 3 centimetres (1.2 in) thick. It was intended as a one-off to promote a new line of Canadian Gold Maple Leaf coins, but after several interested buyers came forward the mint announced it would manufacture them as ordered and sell them for between $2.5 million and $3 million. As of May 3, 2007, there were five orders. One of these coins has been stolen when it was on exhibition at the Bode Museum in Berlin.
The 10 gram bar is often popular because it is still quite tiny, but carries an attractive amount of heft to itself. This is because gold as a metal, although soft and malleable, is still quite heavy. The 20 ounce bars are also popular, in part due to their similar feel and weight of the ubiquitous 1 troy ounce gold bar, which actually weighs just over 30 grams. It's even possible to purchase bars that weigh as much as 50 grams or heavier. These are heavy bars but fit well in the palm of one's hand. One advantage of buying bars in larger sizes is that the price-per-ounce ends up being less than if you were to buy exclusively in small amounts. Just like in most commodities, it can be smart to buy gold in bulk.
There are few things as American as the buffalo. The depiction of the American buffalo and Indian Chief is prominent on these Gold coins. This coin reprises the famous James Earle Fraser design from the 1913 Buffalo Nickel. The Gold American Buffalo coins are the first .9999 fine Gold coin produced by the United States Mint, making them a highly popular choice among Gold investors.
Silver coins are sold at a premium above Silver spot prices because of their unique designs and limited availability. Coins are usually sold in brilliant uncirculated condition, having not been used as actual currency. Once a coin loses its luster, it begins to lose its status in terms of condition. The highest quality Silver bullion coins are known as proof coins. Popular for their intricate designs, proof coins are struck more than once, which leads to their brilliant shine.
Since 1919 the most common benchmark for the price of gold has been the London gold fixing, a twice-daily telephone meeting of representatives from five bullion-trading firms of the London bullion market. Furthermore, gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code "XAU"). The following table sets out the gold price versus various assets and key statistics at five-year intervals.
Since its discovery, the precious metal gold has never ceased to fascinate. Initially used heavily in pieces of jewelry and currency, today it can be found in a number of other various industries due to its impressive conductivity and malleability. Though currently it's not often found in circulated pieces of currency, the precious metal is still widely collected across the world by civilians and governments alike. While gold coins or rounds are still popular, frequently gold is stockpiled in bar form due to a number of factors like the number of available sizes and how easy it is to track, stack, and store. Here at the U.S. Gold Bureau, we take a lot of pride in the wide variety of gold we offer. This is especially true when it comes to our stock of gold bars. Ranging in size from 1 ounce bars to 100 gram bars, you should be able to find whatever sized ingot you're looking for. What's more, we carry bars from a number of different refiners and manufacturers. Get bars made by International Trade Bullion or take a look at package deals that contain gold bullion from a number of different refineries like RMC, Perth Mint, and PAMP.
The reason gold benefits from a declining U.S. dollar is because gold is priced in U.S. dollars globally. There are two reasons for this relationship. First, investors who are looking at buying gold (i.e., central banks) must sell their U.S. dollars to make this transaction. This ultimately drives the U.S. dollar lower as global investors seek to diversify out of the dollar. The second reason has to do with the fact that a weakening dollar makes gold cheaper for investors who hold other currencies. This results in greater demand from investors who hold currencies that have appreciated relative to the U.S. dollar.
But if you don't actually make use of them, these bars can be costly to liquidate once removed from storage. You may encounter assay, refining, or just handling fees in trying to liquidate that size gold bullion bar. It's much more difficult and time-consuming to liquidate gold bullion in a single chunk that is worth over $100,000 than it is to sell the same amount of gold bullion in more convenient and tradable sizes.
Imagine yourself sitting in a stream swirling water in a metal pan, desperately hoping to see a small yellow glint. That flash would be light reflecting off gold, the metal that you might have traveled across a continent to find in the early 1850s. But why? What's so special about gold that people were willing to uproot their lives in the hopes of finding this precious metal? And, more important, why does gold still hold such a prominent place in our global economy? Here's the introduction to gold you need before you start investing in it, including a look at your choices -- jewelry, coins, bullion, gold certificates, exchange-traded funds (ETFs), mutual funds, futures contracts, gold mining stocks, and gold streaming and royalty companies -- and a discussion of the best gold investing strategy for beginners.
Gold coin prices are determined by a variety of different factors, including condition, availability, and composition. Uncirculated coins that have never been handled in the marketplace will typically bring a high price because the condition is unblemished. Accessibility is a factor in Gold coin pricing because if a coin is in short supply, retailers can charge a higher price to collectors. The composition of a particular currency is critical to value since coins made with a more significant percentage of Gold have more melt value.
A gold coin is made predominantly of gold. Bullion coins are used for investment purposes. Other gold coins for sale are meant to be sold to collectors. Bullion coins are valued based on the gold content while collectible coins may have numismatic value. (However, be careful, as many items sold as rare or collectible are worth no more than their actual melt value.)
If you’re looking to buy gold as an investment option, then gold bullion coins offer a great place to start. Gold coins offer beautiful designs known the world over and many come with gold purity and weight backed by central governments and issued by sovereign mints. You’ll find no shortage of gold bullion coins available to purchase when you shop online. In fact, the most difficult task you’ll face may just be choosing which coins you want in your portfolio! Below is an overview of the some of the most popular gold bullion coins available today.