Mintmark.com
■ Accessibility
■ Coins
  └ search
■ Currency
  └ search
■ Medallions
■ Medals
■ Tokens
■ Stamps
■ Stocks
■ Art
■ Comics
■ Books
■ Shop
■ Sitemap
■ Contact

Gold Bars




Gold bars (bullion) at Mintmark.com.

eBay is your one-stop
bullion destination

eBay Bullion Center



GOLD BAR—A gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves by central banks and traded among bullion dealer is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar. The kilobar, which is to say 1,000 grams in mass, is the bar that is more manageable and is used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape. Types—Gold bars are classified into two different types, cast and minted, based on their method of manufacturing. Cast bars are made by pouring molten gold into an ingot mold to shape the gold product. Minted bars are made from gold blanks that have been hand cut to the required dimensions from a flat piece of gold. Markings are almost always applied by presses. Standard bar weights—Gold is measured in troy ounces, often simply referred to as ounce when the reference to gold is evident. One troy ounce is equivalent to 31.1034768 grams. The much more commonly used avoirdupois ounce is used for measuring weights in most situation in daily life in countries using imperial measures, an avoirdupois ounce is lighter than a troy ounce; One avoirdupois ounce = 28.349523125 grams. The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 oz. nominal weight. However, its precise gold content is permitted to vary between 350 oz and 430 oz. The minimum purity required is 99.5% gold. These bars must be stored in recognized and secure gold bullion vaults to maintain their quality status of Good Delivery. The recorded provenance of this bar assures integrity and maximum resale value.



Tola is a traditional Indian measure for the weight of gold and prevalent to this day. Many international gold manufacturers supply tola bars of 999.96 purity. Largest gold bar—The world's largest gold bar stands at 250 kg (551 lbs.), measuring 45.5 cm × 22.5 cm × 17 cm . . . It was manufactured by the Mitsubishi Materials Corporation, a subsidiary of Mitsubishi. It went on display at the Toi gold mine on July 11, 2005. It was valued in 2005 at 400 million yen (approximately $3,684,000 USD at the time); at current 2011 gold prices it is worth approximately $15.3 million USD (value calculated is for gold weight alone at $1,900/troy ounce, not accounting for the premium associated with being the world's largest gold bar) . . .” — GOLD BAR AT WIKIPEDIDA

GOLD BULLIONGold bullion is defined as ingots, nuggets, or bars of the metal refined to great purity. Australia and China are some of the biggest gold bullion producers in the Eastern Hemisphere. Many countries invest in gold bullion coins because these coins are perceived to be economically stable. Gold coins may often times be worth more for their pure gold value than for their currency value. A case in point is the U.S. $10 gold coin, which was minted in 2004. This $10 coin contains almost eight grams of gold. It is worth well over $100. For decades, individual investors, private businesses, and indeed, entire countries, have invested in gold bullion. The United States government originally tried to keep the price for gold bullion steady to prevent inflation or currency runs. During 1934, in the heart of the Great Depression, the U.S. capitulated and allowed gold to rise to $35 per troy ounce. In the 1960s, the U.S. could no longer contain the price of gold by itself and turned the task over to a conglomeration of European and United States banks. Together, these institutions defended the price of gold bullion. However, in May of 1968, this pricing scheme for gold collapsed, and gold bullion valuation was de facto handed over to the free market. Gold bullion storehouses abound the world over. The largest is Fort Knox, a property of the United States Federal Reserve Bank. While gold bullion remains the workhorse of the precious metals commodity market, many collectors and private investors prefer to speculate and invest in the silver bullion market, since fewer people compete over silver.” — EBAY


▶ Below: Gold bars on eBay. Offers not visible? Refresh this page. Not on eBay?

▶ Below: To stay on this site and open a new window, click on the title. To leave this site and go to eBay, click on the image.





■ Accessibility
■ Coins
  └ search
■ Currency
  └ search
■ Medallions
■ Medals
■ Tokens
■ Stamps
■ Stocks
■ Art
■ Comics
■ Books
■ Shop
■ Sitemap
■ Contact

Bookmark and Share



Home | About | User Agreement | Privacy | Credits
Design by Tom Flowers. Hosted by IX Web Hosting.
Mintmark.com. All Rights Reserved.




Top of Page