GoldPrice.

This first thing to note about the gold bars available to you in this category is that they may not be perfect when you receive them. They may have nicks, dings, or abrasions.

However, buying these gold bars is also the most cost-effective way to purchase gold (barring temporary sales). Each bar is a troy ounce of .9999 fine gold, and they have the lowest premiums of any similarly-sized bars. So, let’s discuss what to expect when you move forward with this option.

Bar highlights

Regardless of the mint or condition of the bar you receive, it will come with the following elements:

• 1 troy ounce
• .9999 fine gold
• Each bar is contained in a plastic case or sleeve.
• Bar may be from a wide range of mints
• Bar may be in a variety of conditions
• Design will reflect the bar’s mint
• Multiple bar purchases may have different designs and mints

Does the condition of a gold bar matter?

The primary value of a gold bar is its gold content. Unlike gold coins, which are valued for their condition and their origin, buyers and sellers of gold bars largely ignore the condition of the bar so long as it contains the requisite weight and purity.

Now, to be clear, a gold bar missing a sizable chunk would be a problem because of the reduced weight of gold now present in the bar. Technically, the nicks and abrasions are reducing the weight and value. However, the difference is infinitesimal if the damage is merely surface level. Plus, none of these options come with significant value-reducing damage.

So, in general, the condition of a gold bar is irrelevant to its value. It just might not look as pretty as a new one.

Does a gold bar’s mintage matter?

Maybe a little.

There are several top refiners producing gold bars these days. Some of them have decades of experience producing bars and rounds that are desired the world over. Top gold refining companies include:

• Valcambi
• PAMP Suisse
• Argor Heraeus
• Perth Mint
• Royal Canadian Mint
• Johnson Matthey
• Asahi Refining
• Sunshine Mint

This list is not exhaustive. Each of these mints bear its own level of prestige among gold collectors. It is possible that some brand names, like Valcambi, PAMP Suisse, or Johnson Matthey might command slightly higher premiums than a random bar in unclear condition.

However, you are not losing a significant amount of value if you buy a bar without knowing its provenance or pedigree. The reality is that gold bars derive almost all of their value from the weight of gold they bear.

Who should buy one of these bars?

Any bar you receive from this offer is guaranteed to come with its most important element - a troy ounce of .9999 fine gold.

For investors who want to accrue gold as inexpensively as possible, this option should be a frequent one. Though there are going to be less expensive options from time to time as sales come and go, this one is going to be the most consistent budget option for gold investors.

This option is also a good one for those who don’t care what mint made their gold bars. If the goal is to acquire as much gold as possible as cheaply as possible, then this option is the way to go.

However, there are a couple of groups that might think twice about this option. The first is seasoned investors who either have a preference or a history with certain mints. In that case, it might matter for both storage and peace of mind that an investor be more specific with their purchases.

The other group would be investors who want their gold to be in top condition. There is nothing wrong with maintaining an aesthetic with your gold stack, so rolling the dice on a random bar might not be the thing to do.

The bottom line is that these gold bars are great for the budget-minded. Reach out to get started today!