There are plenty of mints to choose from. Each has its own credibility and features its name on its respective bars. If you’re looking to buy gold ingots for sale online, which includes buying gold bars, Endeavor Metals can meet your budget. We carry bars in many sizes, including pressed bars smaller than 32.15 oz, gold kilo bars, and bars over 100 oz.
One of the most popular and well-known designs is the Pamp Suisse gold bar, depicting Lady Fortuna, the Roman goddess of fortune.
Johnson Matthey no longer produces bars, as they sold their refining operations to Asahi Holdings, Inc. (a Japanese firm). However, we are able to obtain Johnson Matthey bars and sell them right here!
The Perth Mint is Australia’s oldest operating mint and was originally founded as part of the Royal Mint when it was under British colonial rule. Perth Mint bars are a superb choice for those seeking to buy gold bullion bars for sale with exceptional purity, as they are most notably known for producing the purest gold ever produced (999.999) in 1957.
The second purest gold currently produced comes from the Royal Canadian Mint at 999.99. It is a technologically advanced refinery that uses chemical processes and procedures to obtain that fineness. These highly sought-after products are only available from leading precious metals dealers like Endeavor Metals.
If you’re planning to buy gold bullion for sale, you should be aware of the two types: cast bars and minted ingots. The differences between the two are based on how they’re manufactured and how they look – not the quality or content of the gold.
Some investors who buy gold ingots for sale online have personal aesthetic preferences, and the complexity of the manufacturing process may affect premiums. Still, neither type is better or worse than the other.
Cast bars are made by pouring melted gold into molds. This is the most straightforward, no-frills way to produce bars. They typically look more natural and unpolished, and the markings are usually minimal. The stamped details tend to be utilitarian, showing the basic facts, such as the bar’s purity, metal content, and weight.
Minted ingots begin as cast bars but go through additional refining processes. The bars are shaped, cut, engraved, and polished. When you buy gold ingots for sale, you can usually recognize minted ingots by their brilliant shine, intricate detailing (sometimes including beautiful imagery), and sharper edges and corners.
Size availability depends on the bullion dealer, but bars can be found in weights as low as 1/10 gram and as high as 400 oz. The most popular weights among people who buy bars online are 1 oz, 10 oz, and 1 kilo.
It’s worth noting that when referring to the weight of precious metals, you’re dealing with a unit of measurement called a troy oz, which actually weighs 1.097 oz – roughly 10% more than a traditional oz.
You have plenty of options when buying bars online. Here’s a quick look at five of the most well-known designs.
Seasoned investors and beginners alike buy gold ingots for sale because they’re a reliable, stable asset with inherent value proven by time. Bars and coins are portfolio staples that protect one’s assets from currency devaluation, inflation, and other unfortunate market conditions.
Beyond being a practical investment vehicle, many gold enthusiasts buy gold ingots for sale for personal reasons beyond the monetary aspect. Seeking out and collecting gold products is incredibly rewarding – in more ways than one. Make your investment a hobby.
Shopping for gold ingots for sale can be a daunting prospect, especially if you’re not quite sure where to start. Our in-house precious metals specialists will be happy to assist you in selecting gold products that meet your individual needs, whether that means gold bars, gold coins, or gold numismatics. Contact us now for a complimentary consultation.
We bring more than 50 years of experience to the table. So you can confidently buy gold ingots for sale online from a seasoned bullion dealer. Endeavor Metals is also a member of many prestigious organizations, including the Industry Council for Tangible Assets, the American Numismatic Association, and the Certified Acceptance Corporation (CAC), among others. Buy gold online to protect the value of your assets.
If you want to buy gold at the lowest price possible, go for gold ingots for sale, as they’re more economical, especially if you buy larger sizes.
Gold bullion coins usually have slightly higher premiums due to their intricate designs, collectibility, and historical significance.
If you just want to buy gold bullion, numismatics aren’t the right choice for you. Gold numismatics cost more than gold’s spot price because they’re rare, antique, and commemorative coins that are highly desirable among collectors.
All dealers charge a slight markup over the current market price of this precious metal. This premium covers a variety of costs, including minting, storage, and distribution.
Collectible and historical items may also have a higher premium. Because bars are easier to produce and store and are not usually collectible, the premium is typically lower.
You must know about tax implications before you buy gold bullion bars online. In the United States, physical precious metal holdings are classified as capital assets (specifically collectibles), so they’re subject to capital gains taxes, but only after you hold on to them for longer than one year before selling them.
Before you buy bars online, consider your goals. If you want to liquidate your holdings easily, buying ten one-oz bars rather than one 10-oz bar makes more sense. This allows you to sell them in increments that meet your needs.
However, if you plan to buy gold online for long-term wealth preservation, it might make more sense to purchase larger bars, especially if you’re buying a substantial amount of gold.