| |
| |
Categories of gold bars
As Displayed at the
International Gold Bars Collection,
Bank of England Museum |
The Gold
Information Network is pleased to share with you a detailed listing of
historic gold bars from around the world. A gold bar is defined
as any gold item, regardless of shape, which is made by a bar
manufacturer, records the name of the manufacturer, the precise weight
and the precise purity, and is sold at a low premium above the gold
price. The Gold Information Network recommends the
following gold bar for investment purposes.
Buy Gold Bars Now
Below, we've detailed The International Gold Bars
Exhibition highlights of rare and unique gold bars to show you the the
remarkable range and diversity of gold bars. These are extremely
rare expensive gold bars from a private collection and not available for
sale at any price.
400 oz
(12.5 kg) gold bars
There are only 55 active
manufacturers worldwide whose 400 oz
(12.5 kg) bars are accepted internationally
as London Good Delivery.
400 oz London Good
Delivery bars are permitted to weigh between 350 oz and
430 oz. Minimum gold purity: 99.5%. Around 150,000 are
made each year. Central banks normally hold gold in the
form of these bars and are believed to hold 2.5 million
of them.
Kilobars
gold bars
The kilobar (1000 g) is the
worlds most widely traded small gold bar. It is
popular among investors and fabricators as it is normally
traded at an extremely low premium above the prevailing
value of its gold content.
While most kilobars have a flat
international shape, traditional kilobars in
the shape of a brick are still preferred by
some investors and fabricators in Europe.
The Exhibition displays the
kilobars of 53 manufacturers which are approved by the
worlds major gold dealing exchanges in London, New
York, Tokyo and Zurich.
Tezabi Gold Bars
These rough cast bars are
manufactured by thousands of small backyard
bar manufacturers in Pakistan to a theoretical
99.9% purity. The bars are not made to any
precise weight but depend on the variable amount of gold
available, usually old gold jewellery, to be melted in
the crucible.
They resemble the earliest known
gold coins made by the Lydian kings of Asia Minor in the
7th century BC. The method used by Pakistanis in the
manufacture of tezabi bars is not believed to
have changed in over 2,000 years. The Exhibition displays
tezabi bars manufactured by Saleh Mohammed in Pakistan.
Tael Gold Bars
A tael is a Chinese unit of weight.
One tael is equivalent to 1.2 oz or 37.4 g. Tael bars,
ranging from ½ tael to 10 taels, are widely traded in
Chinese-speaking countries, mainly Hong Kong and Taiwan.
Cast tael bars are manufactured in
3 shapes: biscuits, doughnuts and
boats and the Exhibition displays a variety
of tael bars from manufacturers in Hong Kong.
Boat Bars - Tael bars, described as
boats, range from ½ tael to 10 taels.
The traditional boat shape is known to
have been used for silver and other Chinese coinage
as far back as the Han dynasty (206 BC - 220 AD).
Biscuit Bars - The most popular tael bar
weight is the 5 tael biscuit cast bar (6
oz or 187 g). 5 tael biscuits,
manufactured in Hong Kong and accredited to the
Chinese Gold & Silver Exchange (founded in 1910),
are traded in large quantities. Minted tael bars,
normally made outside Hong Kong, are also available.
Doughnut Bars - Tael bars, described as
doughtnuts, are available in 3 small
sizes, ½, 1 and 2 taels. The doughnut
shape is a traditional Chinese shape for coinage. The
hole enables many bars to be securely stacked
together on wooden rods or bound together with
string.
Baht Gold Bars
The baht is a Thai unit of weight.
The most popular bar is the 10 baht cast bar, equivalent
to 150.4 g or 4.9 oz. The traditional gold purity of baht
bars is unusual: 96.5%. The Exhibition displays baht bars
issued by a variety of manufacturers.
Tola Gold Bars
The tola is an Indian unit of
weight. The most popular weight is the 10 tola cast bar,
equivalent to 3.75 oz or 116.64 g. More than 2 million
are manufactured annually. Tola bars, most of which are
imported from Europe, are widely traded in the Middle
East, India, Pakistan and Singapore.
10 tola bars are distinctive in two
ways. They have smooth rounded edges and are an ideal
size for smuggling, if necessary inside the
smugglers body. They have no serial numbers. Round
minted tola bars are often incorporated into jewellery,
especially in Pakistan where marriage
necklaces can weigh 500 g or more. The Exhibition
displays tola bars issued by a variety of manufacturers.
Chi Gold Bars
The chi is a Vietnamese unit of
weight. 1 chi weighs 3.75 g. 10 chi (or 1 cay or 1 luong)
weighs 37.5 g. Pamp (Switzerland) was the first among
accredited manufacturers to produce a range of chi
denominated minted bars for Vietnam. The Exhibition
displays a variety of chi bars.
Decorative Gold Bars
The application of an attractive
decorative design to the reverse side of a standard
minted bar has occurred only since around 1980. The
manufacture of decorative minted bars is dominated by
accredited manufacturers in Switzerland, Germany and
Brazil and several are exhibited.
Hologram Gold Bars
Pamp (Switzerland) pioneered the
application of multi-coloured hologram designs to minted
bars in 1990. These bars, popular in the Middle East, are
now distributed worldwide and a variety of hologram bars
are on display.
Rainbow Gold Bars
Mitsubishi (Japan) is the pioneer
manufacturer of multi-coloured rainbow bars.
The manufacturing process combines different carat gold
colour tones in order to create an infinite variety of
attractive patterns. The Exhibition displays experimental
bars, made in 1993, which illustrate rainbow,
woodgrain, textile and
polka dot patterns. The bar purity is 75% (18
carat).
Yin-Yang Gold Bars
Several unusual
Yin-Yang bars issued by Ishifuku (Japan) in
1993 are displayed. These two innovative
kidney shaped bars depict the Zen religious
symbol representing the harmony of opposites.
Koban Gold Bars
Tokuriki Honten (Japan) has
manufactured attractive Koban bars since the
early 1960s, ranging from 5 g to 50 g. The bars
commemorate the oval shape of traditional Japanese gold
coinage issued between the 16th and 19th centuries.
Twin-Coin Gold Bars
Yoo Long Kim Kee (Thailand) was the
first to manufacture a decorative cast bar to a precise
weight through injecting gold into an enclosed mould
under pressure. The Exhibition displays an experimental 1
baht bar, described as a twin-coin bar, which
was manufactured in 1992.
Gold
Leaf
Bars
From the 1930s until the end of the
Vietnam war in 1975, unusual gold leaf bars
were widely manufactured in Vietnam. Their thinness makes
them extremely portable, easily placed inside shoes, sewn
into the lining of clothes or rolled into narrow tubes.
Thousands of these bars, smuggled by Vietnamese refugees,
were sold to gold dealers, mainly in South East Asia. The
standard bar weighs around 15 g.
The Exhibition displays gold leaf
bars which are on loan from the Kenneth Yeung Collection,
King Fook Finance Co Ltd, Hong Kong.
Fine Gold Cards
Fine gold cards, pioneered by
Mitsubishi (Japan) in the mid-1980s, enable
multi-coloured printed designs to be applied to their
smooth surfaces. Although gold cards up to 1000 g are
available, the 1 g card is the most widely sold in Japan
and cards issued by a variety of Japanese manufacturers
are on display.
Bone Gold Bars
The Exhibition displays an
innovative 100 g cast bar in an unconventional
bone shape which was manufactured by Degussa
(Brazil) in 1982.
Gold
Fillet
Bars
The Gold Fillet bars, which
are manufactured from thin rolled gold strips, are
sometimes produced to display the official stamps of
400 oz (12.5 kg) bars where they are not used
in the manufacture of smaller bars. The Exhibition
displays two gold fillet bars produced by
Australian Gold Refineries at its Perth and Kalgoorlie
refineries. They illustrate the official stamps and other
markings which appear only on its London Good Delivery
400 oz bars.
Pendant Gold Bars
Degussa (Germany) is recorded as
the first among accredited manufacturers to have
manufactured in 1978 a minted bar in an unconventional
(hexagonal) shape and incorporating a hole to facilitate
its use as a pendant. In 1984, Pamp (Switzerland)
expanded the concept, pioneering the production of minted
bars in many unusual shapes, as well as incorporating
hangers. The Exhibition displays pendant bars by a
variety of manufacturers.
Double
Pendant
Gold Bars
In 1996, Pamp (Switzerland)
launched double-pendant bars in the Middle
East. They are available in three weights (10 g, 7.5 g
and 5 g) with two inner shapes: heart and circular and
the Exhibition displays a variety of double pendant bars.
Bank Gold Bars
Many banks issue minted bars,
marked with their own name but manufactured by an
external manufacturer. In Europe and Brazil, minted
bank bars are widely available and a variety
are on display.
Commemorative Gold Bars
Some accredited manufacturers, most
notably Degussa (Germany) and Degussa (Brazil), issue
minted bars commemorating important national or
international events. The minting of
commemorative bars, incorporating the mark of
the accredited manufacturer, is not yet widespread but a
selection of commemorative bars are displayed.
Heart Gold Bars
Innovative heart bars,
defined as heart-shaped or incorporating a heart design,
were first made by Pamp SA in 1994, the outcome of a
World Gold Council initiative in Singapore. The
heart bars of ARY Traders (UAE), launched in
1997, have aroused much interest in UAE, Pakistan and
India and the Exhibition displays heart bars
from both manufacturers.
Kinebars™
Union Bank of Switzerland (UBS),
through its subsidiary refinery, Argor-Heraeus SA, has
applied a KINEGRAM™ as a security device to
the reverse of its minted bars since December 1993. This
new bar is called kinebar? and a range of UBS kinebars?
are shown.
KINEGRAM™ is the trade
mark of the security device developed by Landis & Gyr
Communications.
Bullion
Watch
Gold Bars
The Exhibition displays a
remarkable range of bullion watches pioneered
by Pamp SA (Switzerland) that are designed to be traded,
like bullion bars or coins, according to the prevailing
value of their fine gold content. Launched
internationally in Hong Kong in 1994, they incorporate
circular dials which contain either 1 oz or ½ oz of
99.99% gold. They are available in more than 100
different styles and designs in 3 categories designated:
man, woman and
unisex. Straps can be in gold, steel or
leather.
Fine
Art
Gold Bars
The Exhibition displays two series
of innovative gold proof bars with a gold purity of
99.99%, which were minted by the Singapore Mint in 1994 -
Balinese Girl (75 g), which is one of four
decorative Art Ingots, and $10: The
Government of the Strait Settlement(41 g), one of
four decorative ingots depicting historical banknotes.
Bas-Relief Gold Bar
The Exhibition includes an unusual
bar manufactured by Buan Hua Long (Thailand) which
still marks its standard 5, 10 and 25 baht bars in
bas-relief. The marks, carved into the base of the bar
mould, are formed as soon as the molten gold is poured
into the mould. This traditional method of marking cast
bars eliminates the need for conventional marking tools:
dies, punches and hammers.
Full-Colour Gold Bars
One dimensional designs in full
colour are now applied to decorative gold bars. In 1996,
Pamp (Switzerland) issued a range of 10 g oval pendant
bars depicting characters from Indian mythology (eg
Krishna, Laxmiji) in full colour and the Exhibition
displays several full colour bars.
Cartoon Gold Bars
Famous Famous cartoon characters are now
being depicted on small gold bars. In 1996, Pamp
(Switzerland) introduced designs from Warner Bros (eg
Tweety and Bugs Bunny) and, in 1997, from Disney (eg
Mickey Mouse and Donald Duck). Samples of all these bars
are shown.
Minted Brick Gold Bars
The Exhibition displays a 50 g
minted bar, manufactured by SEMPSA (Spain) in the shape
of a brick which is unique. It is the only minted
bar among accredited bar manufacturers worldwide to have
tapered sides, closely resembling the shape of typical
large 400 oz (12.5 kg) London Good Delivery Bars.
Model Gold Bars
LG Metals Corporation (South Korea)
has issued, since 1991, a traditional range of
model bars (average purity 99.98%) in the
form of pigs (a symbol of wealth), toads (good fortune)
and turtles (longevity). Denominated in Dons,
a Korean unit of weight (1 don equals 3.75
g), they are normally traded at a small premium above the
gold price. Model bars are especially popular
among Koreans as gifts for weddings and anniversaries and
the Exhibition displays an example of each.
Mirror Gold Bars
The Exhibition displays an unusual
mirror bar, available in 1, 2 and 4 baht
weights, which was manufactured by Yoo Long Kim Kee
(Thailand) in 1989.
The worlds largest - and smallest - gold bars
The smallest cast bar in grammes
weighs 10 g, first made in Brazil by Degussa (since 1985)
as well as subsequently by Ourinvest and CRM. The
smallest cast bar in ounces is the ½ oz
button bar made by the Perth Mint (Australia)
since 1976.
Tanaka (Japan) has manufactured the
worlds smallest minted bars, mainly for the
jewellery industry, since 1990. They weigh only 0.5 g and
0.3 g. 1 g minted bars, first issued by Crédit Suisse
(Switzerland) in 1980, are manufactured by 12 accredited
manufacturers worldwide, including Degussa and Heraeus.
The Exhibition displays examples of
each of these bars as well as the worlds largest
standard minted bars: the 20 oz and 500 g which are
manufactured by Johnson Matthey (Canada).
Historical Rothschild Gold Bars
NM Rothschild & Sons Limited (United Kingdom) manufactured gold bars in
London for more than 100 years until 1967. The Exhibition displays a 100
g bar which was kindly provided by Tanaka Kikinzoku Kogyo KK (Japan),
and a 50 g bar provided by Dresdner Bank AG (Germany).
Oldest Stamp on a Gold Bar An official stamp on a bar
identifies the name of the issuing company. Among
accredited manufacturers worldwide, the oldest official
stamp still in use is that of the Homestake Mining
Company (USA) which has been using the same stamp since
1878. A sample is displayed.
Oldest Assay Mark on a Gold Bar The Exhibition also displays the
worlds oldest assay mark. In addition to an
official stamp, many bar manufacturers apply an assay
mark to the bar, certifying the weight and purity. Among
accredited manufacturers worldwide, the oldest assay mark
still in use is that of Schöne Edelmetaal BV
(Netherlands). The same mark, depicting a mercury staff
and two snakes, has been used for more than 200 years.
Bullion Coins
The Exhibition also displays a
variety of the worlds leading bullion coins. For
many investors bullion coins, denominated in ounces and
issued by national mints, offer the easiest way to hold
gold. The Krugerrand (South Africa) was the first gold
coin to be issued with a precise weight in ounces. The 1
oz coin was launched in 1967, the smaller sizes in 1980.
Gold Nuggets
The Exhibition tells the story of
gold from its original form as ore or nuggets and
displays samples of nuggets from Australia, the USA and
South Africa. The discovery of gold nuggets stimulated
four great gold rushes in the 19th century: USA (1840s),
Australia (1850s), South Africa (1880s) and Canada
(1890s). These four countries, together with Russia,
still dominate the worlds supply of newly-mined
gold. While most nuggets are small, the largest known
nugget was the Welcome Stranger. Discovered
in Australia in 1858, it weighed 2,284 oz (71 kg).
Gold-Bearing Ore
The Exhibition also displays
gold-bearing ore from a variety of countries. Almost all
newly-mined gold is laboriously extracted from this
gold-bearing ore. Typically, around 5 - 10 tonnes of ore
is processed to yield just one ounce of gold. Much gold
is mined at great depths below ground. In South Africa,
the worlds largest gold producing country, these
depths can exceed 3 km.
Dore Gold Bars
Most major gold mines process their
gold-bearing ore at the site of the mine, producing low
purity dore bars and the Exhibition includes
samples of these rough bars which are sent to gold
refineries for upgrading into tradeable bars of high
purity (99.5% or more). Dore bars are
normally large, some weighing as much as 25 kg.
Garimpo Dore
The Exhibition includes samples of Garimpo dore bars which are made by
garimpeiros, Brazilian peasants who mine gold
independently or in small groups in the Amazon jungle.
Brazil was the worlds major source of newly-mined
gold in the 18th century. It still yields around 75 tonnes annually.
|