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Rand Refinery is one of the best producers of fine gold bars in the world. The 1 oz Rand Refinery gold bar is an excellent way to get started with the South African company, and it offers a troy ounce of .9999 fine gold to boot.

Key Features of the 1 oz Rand Refinery Gold Bar (New w/ Black Assay)

• Contains 1 troy ounce of .9999 pure gold
• Purity and mint marks appear in periodic table-reminiscent design on obverse
• Engraved elephants of different sizes on the reverse
• Each bar comes with a unique serial number
• Bar is enclosed in a sealed plastic case with black assay card

Specifications

Obverse

The most prominent feature of the obverse side of the 1 oz Rand Refinery gold bar is its purity box in the middle. It gives the impression that you’re looking at the periodic table entry for gold - which is oddly appropriate and unique. The other elements of this side of the bar are a small Rand logo, an engraved brand name, and a serial number. 

Reverse

The reverse of the 1 oz Rand Refinery gold bar is much simpler, but no less iconic or appropriate to the bar’s pedigree. The entire back of the bar is engraved with elephants of different sizes to reflect some of the most identifiable fauna native to South Africa. 

1 oz Rand Refinery Gold Bar (New w/ Black Assay) Pricing and Premiums

In the scope of premiums for 1 oz gold bars, this bar is hard to beat in terms of affordability. Only a few other bars will offer lower premiums, and these are only cheaper by a couple of bucks. Though it has a lovely design, this bar is more about its metal content than its aesthetic appeal.

Where to buy the 1 oz Rand Refinery Gold Bar

These bars are quite affordable and quite common. You can find them with almost any dealer, but that doesn’t mean that you should just throw caution to the wind about your choice of precious metals outlet. So, here are the best places to look when it comes to choosing your 1 oz Rand Refinery gold bar:

• JMBullion.com - JM Bullion is a leading precious metals dealer with competitive pricing, real-time market rates, and free shipping on orders over $199. With an A+ BBB rating and 4.8-star customer reviews, JM Bullion combines reliability, transparency, and excellent customer service for a seamless investment experience.
• ProvidentMetals.com - Provident Metals offers investors a compelling package: competitive premiums, particularly on gold, and free shipping over $199. Their diverse product range and educational resources serve all types of investors. With an A+ BBB rating, they prioritize customer satisfaction, though experiences vary. Investors benefit from secure transactions and discreet shipping, making Provident a solid choice for buying the 1 oz Columbia Goddess gold bar.
• Silver.com - Silver.com offers competitive pricing on silver and gold products, with industry-leading rates. Expect to find free shipping and insurance on orders over $199 and secure transactions with state-of-the-art encryption. Silver.com maintains an A+ BBB rating and emphasizes customer satisfaction.
• BGASC.com - BGASC also sells the 1 oz Columbia Goddess gold bar with no hidden fees. This bullion dealer also includes free shipping on orders over $199, ensuring cost-effective purchases. They have an extensive product selection, including bullion coins, bars, and rare numismatics from global mints. A+ BBB rating and positive customer reviews highlight their commitment to service.

Compare prices on other 1 oz Gold Bars

If you’d like to shop around and find out what else is in this price range, look no further. There are a few excellent options that offer the same level of purity as the Rand Refinery bar, but a different design and, in one case, shape altogether. Here are the best of the similarly-priced options:

• 1 oz Texas Mint Gold Bar (New) - If you want a unique design that is reminiscent of all things Texas, look no further than this bar. Its obverse features the inside of the Texas Capitol’s rotunda and a silhouette of the Lone Star State itself.
• 1 oz Johnson Matthey Poured Square Gold Bar (New) - This bar is not a bar at all - we would usually call this shape a “biscuit.” It is guaranteed to turn heads and/or be an idiosyncratic piece of your collection, and it doesn’t hurt that it bears the branding of perhaps the oldest and most venerable refinery brands of all time, Johnson Matthey (even if it was actually produced by Asahi).
• 1 oz Valcambi Gold Bar (New w/assay) - The 1 oz Valcambi gold bar is the entry-level item from what is likely the top refiner in the world. The bar offers an easy way to tap into the Swiss gold market and build up your stack in an easily recognizable way. The Valcambi “shuriken” logo is known to anyone who frequents the precious metals game.

Investor Considerations and Appeal

The 1 oz Rand Refinery gold bar appeals primarily to investors who are interested in maximizing their gold stacks. They are relatively inexpensive - with a low premium - and offer an excellent way to acquire 99.99% fine gold.

This bar may also appeal to experienced investors because of the pedigree of the Rand Refinery. It is a well-known entity, and busy/active investors know that a Rand Refinery bar negates any concerns about authenticity or purity.

Finally, you may want to invest in this gold bar because it is a cheaper product than most gold coins. Furthermore, it requires much less maintenance, as the primary driver of gold bar value is its metal content, not its condition.

Rand Refinery Details

The Rand Refinery has been serving the people of South Africa since 1920 as a means of refining the plentiful gold ore found in the then territory’s mines. Since then, it has evolved to become the sole supplier of gold to the South African Mint, which is the sovereign mint of the Republic of South Africa.

The gold in the bar described above is the same gold used for the world-renowned Krugerrand, the iconic bullion coin from South Africa. So, you don’t have to worry about what you’re getting - and that’s before we even discuss the rock-solid assay that comes with it.