Customer Service
Call for expert help (888) 724-8222

Test your Gold Bar Knowledge

You’ve seen them before (well, at least in photos) but…

How much do you know about gold bars?

1 kg gold bar

Well just because we’re experts in custom design doesn’t mean we know either. So after a little research, we’ve discovered:

  • A gold bar (also called gold bullion or a gold ingot) 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.
  • Gold bars are categorized as either cast or minted (see image below), with both differing in their appearance and price. Cast bars are created in a similar method to that of ingots whereas molten gold is poured into a bar-shaped mold and left to solidify.
  • When molten gold is poured into bar shapes, it often results in malformed bars with uneven surfaces which, even though imperfect, make each bar unique and easier to identify.
  • To prevent bars from being stolen or counterfeited, manufacturers have developed methods to verify genuine bars, such as branding bars with registered serial numbers or providing a certificate of authenticity. 

If you want to learn more about gold bars, you could buy one. A 400 ounce gold bar costs more than $500,000…maybe looking at pictures is better ; )

A minted bar (left) and a cast bar (right)

A minted bar (left) and a cast bar (right)

 

100 Years in Jewells Business

Today, Joseph Schubach builds upon his family's experience and continues the tradition with Joseph Schubach Jewelers, offering both intimate jewelry brokering in his Scottsdale, Arizona showroom and full-service online sales to clients from around the world, where he has maintained that personal customer connection in the virtual world.

Contact Us

Call Joe, Margie or Jen for expert help at (888) 724-8222