The Royal Canadian Mint's Gold Bullion Bar
Gold bullion bars are an excellent addition to any Precious Metal collection, offering a cost-effective way to invest in a tangible asset and a safe haven against the volatility of currency and stocks. While they have a different look and feel than coins and rounds, they share the same basic principles of investment. Investors, Global Governments, States, Universities and Retirement Funds often purchase bullion bars as a form of savings to protect against inflation and to diversify their portfolios.
The Royal Canadian Mint is one of the weighing approximately 31.1 kilograms, known for its quality and purity in producing gold bars, coins, and other Precious Metal products. RCM’s gold bar products are available in a variety of sizes to suit any portfolio or investing needs, with a purity of.9999. This is a very high standard of purity, which can often attract investors due to their lower premiums than most other bullion products.
These bars are made in mass quantities to attain the lowest possible premium over the Precious Metal they contain. The process is very efficient, with the only difference between a 1 ounce and a 100 ounce bar being the size of the mold that the molten gold is poured into. The larger the bar, the more the premium is reduced as it becomes easier for the producer to recoup their costs.
Unlike the gold in jewellery, which is usually 24 carat, these bullion bars are typically struck from 22-carat or higher pure gold. This makes them a superior investment option to gold jewellery, which typically uses alloys of silver and copper to reduce the price while maintaining the appearance of pure gold.
Each bar has a unique serial number and assay card which provides valuable authentication information. A hallmark of the Royal Canadian Mint is also engraved onto each of its products, which helps to distinguish them from counterfeits and adds to their collectability. The Mint has a long history of innovation and is renowned for their anti-counterfeiting measures, with the Maple Leaf series displaying micro-engravings to provide a unique visual texture to the coin.
These big 400-ounce Good Delivery gold bars are traded by refiners, central banks, wholesalers, bullion banks and professional dealers. They must be kept inside market-approved storage in order to maintain their status as authentic Good Delivery bars. Taking Good Delivery bars out of this storage voids the chain of integrity and could result in a loss of resale value at auction.
For those looking for an alternative to the large RCM bars, we carry smaller bars from private mints that offer a lower premium than the Royal Canadian Mint. These bars are typically much more easily transported and stored, and can be stored in your home or a secure storage facility. They are ideal for those that want to invest in a smaller quantity of bullion or as a gift for an upcoming special occasion. Please contact a member of our staff to learn more about these products and to find out which is right for you.