BULLION BARS AND COINS
Have you ever wondered why some people buy bars and others choose coins? Hereâs what to consider when deciding.
Cast Bars
Cast bars are highly cost-effective. The reason is their low fabrication cost. As a result, cast bars can be sold at a low premium above the prevailing value of their fine gold. It is most important to buy from a trusted supplier to ensure weight, purity and re-saleability.
Minted Bars
Cut from rolled gold and stamped with attractive designs on a minting press, minted bars (or ingots) are more aesthetically pleasing than cast bars. Leading manufacturers offer minted bars in packaging, which in The Perth Mintâs case, includes a tamper-evident security feature.
Bullion Coins
A more complex process is required to fabricate gold coins. So expect to pay a higher premium compared to cast and minted bars. Bullion coins, however offer investors clear benefits because they are:
- Issued (and therefore guaranteed) by Governments.
- Highly divisible â bullion coins range from 1/20oz up to 10 kilos.
- Decorated with detailed often beautiful designs for easy identification.
- Thin, making them extremely difficult to fake around a base metal core.
