Gold Bars for Sale
Courtesy of APMEX.com
Buy Gold Bars in Australia
The value of Gold Bars
When buying bullion gold bars you should have an abundance of knowledge about gold, and the value it holds. By having information and understanding of gold you can keep dealers from ripping you off. Buying and investing in gold bars are a great way to concentrate on your wealth in a convenient and portable form.
In 1851, gold was discovered in the newly founded colony of Victoria. The Australian Victorian Gold Rush, had a huge impact on Victoria, and on Australia as a whole. The amount of wealth that gold brought in, soon made Victoria a very prosperous and wealthy colony by far, and Melbourne, the island's largest city. By the mid 1850's, approximately 40% of the world's gold was produced and created in Australia. In 1851 gold was found near Ophir, the New South Wales Gold Mining contributed significantly to prevent potential bankruptcy for the early colonies in Australia. Consequently Australia became the second largest gold producer after China.
A gold bar, also called a gold ingot or gold bullion, is a sizeable quantity of a refined metallic gold. For any shape that is made by a bar producer, must meet the standard conditions of manufacturing, labeling and record keeping. Gold has a long dense and complex history, since gold was first discovered and revealed, it symbolized wealth and guaranteed power. Gold also has caused fixation in men and nations, destroying some cultures and gave power to others.
Archaeological digs believe and indicate the use of Gold, which began in the Middle East where the first known civilizations began. After sometime they began melting the gold down, and started making the gold into gold bar, this helped investors to store and deliver gold more sufficiently. Gold bars are classified into two different types, cast and minted, which are based on their method of being manufactured and created. The larger gold bars, also known as cast bars, were produced by pouring the molten gold metal into molds which then are called ingots. Smaller gold bars, also so known as minted bars, are made from gold blanks that have been hand cut to the required dimensions from a flat piece of gold. Markings are virtually always permanently applied by presses.
The gold kilo bar, which is approximately 1000 grams in mass or 32.15 troy ounces, is the most practical gold bar, and very excellent to manage as well as very convenient to be used extensively for trading and investments. 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 kilo bars are flat, even though there are some investors that prefer the brick shape, particularly in Europe.
Discovery of Gold in Australia:
Australia 1851 was notable for the extension of representative Government to all the Australian colonies and for the first gold-field at Bathurst.
Early Rumours of Gold: Specimens had been found by convicts; Count Strzelecki, Mr. Clarke and Sir R. Murchinson expressed their belief that gold existed in Australia.
Edward Hargraves 1851: Hargraves, a Bathurst settler, returned from California, with a hunch about gold fields in Australia. He eventually discovered a gold field on Summerhill Creek, near the Macquarie River.
Rush to the Gold Fields of Bathurst was at first checked by the reports of disappointed gold diggers, but afterwards increased by the finding of a nugget worth 4,000.
Government Gold Regulations: Commissioners were appointed to superintend the gold fields at Ophir, Braidwood and Maroo, and thirty shillings per month were charged for miner's license.
Gold in Victoria - In 1851 Gold was found in Victoria by Esmond, at Clunes, also (through the reward offered by the Gold Discovery Committee), on the Plenty Ranges and Anderson's Creek.
Gold in Ballarat - In 1851 Ballarat was opened up by the prospectors from Clunes and Buninyong; a miner having dug below the claybeds found pockets of gold and Ballarat became the richest field in the world.
Gold at Mount Alexander - 1852 Sandhurst on the Bendigo Creek, attracted great number pf men; Melbourne and Geelong were almost deserted.
Immigration during Australia's Gold rush - Immigration raised the population from 70,000 (in 1850) to 400,000 (in 1856). Up to 1862 about £120,000,000 worth of gold was exported.
Standard Gold bar weights:
Gold is measured and calculated in troy ounces, and is basically referred to as an ounce when the reference to gold is unmistakably evident. One troy ounce is equivalent to 31.1034768 grams, and at most we generally will be faced by being encountered with the avoirdupois ounce gold bar within our daily lives. Today countries are still using, imperial weight, British weights and the United States customary units. The avoirdupois ounce is lighter than a troy ounce; one avoirdupois
ounce equals 28.349523125 grams.
The standard of a gold bar is held and traded internationally by many investors and bullion dealers. With the Good Delivery bar having a 400 ounces troy ounce and equivalent to 12.4 kg or 438.9 ounces nominal weight. Nevertheless, its accurate gold
content is allowable to vary between 350 ounces and 430 ounces. The lowest purity that is essential is 99.5% gold. These bars must be stored within a recognized and secure gold bullion vault to preserve and maintain their excellence quality status of Good Delivery. The documented and verified recorded provenance of this bar assures and guarantees the integrity and maximum resale value.
Largest gold bar:
The world's largest leading gold bar stands at 250 kilograms or 551 pounds,
measuring at the base 45.5 centimeters × 22.5 centimeters and 17 centimeters high with 5 degree draft angle, and equal to 15,730 centimeters³, or 17.9 inches × 8.9 inches × 6.7 in ≈ 1062.04 inches³. It was produced and manufactured by the Mitsubishi Materials Corporation, a subsidiary of Mitsubishi. The gold bar went on display at the Toi gold mine, on July 11, 2005.
Tola is an established conventional Indian measure, for the weight of gold and is
traditionally widespread to this day, and internationally manufacturing tola gold bars of 999.96 purity.
Buying and Investing in Gold Bars:
Suisse gold bars or larger sizes do offer a significant and essential investment advantage, they carry a low premium over spot gold. These 100 Gram gold bars have the look of an industrial and manufacturing product, and are engraved with a serial number. They are well known and recognized around the world as an ordinary standard trading medium and are therefore very liquid.
The PAMP Gold Bars present exceptional display value. Also one gram gold bars are one of the most widely traded forms of gold on the open market. They serve as a worthwhile solution to bullion gold bars investment, for every buyer alike. Many investors who are unacquainted or unaccustomed with gold bars feel that it's too expensive for them to make a purchase, but one gram gold bars make buying gold possible for just about anyone.
The two gram Suisse Gold Bar has a Liberty Design, they are produced by Credit Suisse and include authentication to ensure that your gold is absolutely genuine. Credit Suisse is one of the most well-known and respected names in physical gold bullion, which adds another layer of security to your bullion gold bar. The gold bar itself
features the Statue of Liberty in addition to the weight being two grams and the purity being .9999 of the gold itself.
20 Gram Credit Suisse Gold Liberty Bars are a popular choice among gold owners due to their unique size. Gold content is one of the most important elements in determining the amount of your financial gain.
Since 1979, the Swiss National Bank and London Bullion Market Association, have been dedicated in providing and transporting PAMP 24-Karat gold bars that contain a purity of 99.99%, as well as they have been trading on world investment markets.Each 24-Karat gold bar is stamped with its exact weight and gold purity as well as an internationally recognized symbol of quality and sound provenance.
The durability of gold bars is that they will not rot, break, crumble, decay, corrode or tarnish. Gold is unaffected by air, water, and even most acids.
The American Eagle Bullion program was launched in 1986, causing the sale of gold bars to go up and changing hands for the purpose of making Gold coins. Gold is an ancient metal of wealth that is sold and exchanged, with exquisite elegance and beauty.
There are many investors that buy Gold bars, due to the superior electrical conductivity, malleability, and resistance to corrosion. Gold bars have vital components that is used in a wide range of electronic products and equipment, including computers, telephones, cellular phones, and home appliances.
Gold bars are an excellent and exceptional way against inflation, and also can protect your earnings for the future. Most modern investors invest in gold the traditional ways, by purchasing gold bullion in the form of bars , or they can even trade in gold or gold futures electronically, or by investing in gold mining or
Investing your Gold Bars:
Investing in gold bars is a conceivable way to protect your wealth, particularly in times of trade and industry always shifting. You can purchase bullion gold bars, and put them into your IRA, most places will ship the gold bar to your depository of choice. Furthermore if you are worried if it's safe or not to have your gold bar
shipped, most places discretely wrap with security in mind.
By putting your bullion gold bars in an IRA, it allows you to accumulate and increase in value for your IRA with little engaged effort. IRA gold bar investors can be rest
confident and assured that their IRA is secured by one of the most reliable investments on today's market.
Australia's Gold Bars:
Australia has made gold bars for many years in all different weights, to name a few, the ABC Bullion gold bars, Ainslie Bullion gold bars, Pamp Suisse gold bars, Perth Mint gold bars, Perth Mint Cast gold bars, Perth Mint minted gold bars, and still offer them today for purchase. There are several ABC Bullion gold bars in different weights, the bars have a seal of authenticity and proof of the weight of the
There are many places that you can buy Australian gold bullion bars. Most of the market sales are more than one type of bullion and can be purchased online from anywhere in Australia. They also usually have office hours so you can contact them with any concerns or questions you might have, or even purchase something by phone. Also wants an order is placed you would be locked in to that price regardless of the bullion gold bars value changing. Australia also ships bullion gold bars internationally where it may be permitted, with security some countries do not
Sunshine Gold Bars are approximately one gram in weight, these bars are produced by the renowned Sunshine Mint, also known as Sunshine Minting. The mint has been producing precious bullion gold bars since 1979. These gold bars are a great example of their production quality and design that are well known. Each bar is minted with one gram of .9999 pure gold, with its weight and purity being stamped on each bar. The gold bars feature the mint's stylish stamp which showcases a bald eagle in flight before a blazing sun. The reverse side of the gold bars feature a sunrise logo and pattern. These bars are an excellent way to invest in gold which is why they have been sought after by investors as well as collectors.
In 2013 the Mint released a stunning 5 gram - 99.99% Gold Ingot highlighting the New Year of the Snake design. The mint designer Aaron Baggio generated and produced a strong agreement of strength and grace with this unique and exceptional snake design
which has been skillfully reproduced onto this breathtaking gold ingot.
Making an investment in buying Gold Bars will be a great opportunity for you to expand your wealth. You should keep in mind the value can change over time. Gold Bars is the best investment you will ever make.
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