1 Kilo Gold Bar (Brands Vary)

History

For almost 5,000 years, gold has been treasured by civilizations as a real store of value. Over these millennia, gold has become jewelry, crowns, chalices, and predominantly coins. All of the ancient civilizations - Egypt, Greece, Rome, Byzantine – used gold coins to represent value and wealth.  From the wealth of the emperors to payment to their soldiers, gold and silver represented value.

While gold coins dominated the primary use for gold, bars were struck to represent large amounts of value, Bars were struck and shipped for security reasons – harder to hide, much more value in a bar.

But it is believed that 95% of all gold ever mined throughout all history, still exists. The gold ring that you might be wearing may have come from a European gold coin, and that from a Renaissance-era crucifix, and that from an ancient golden goblet. When it’s usefulness is over, it just gets melted and later it gets re-melted, and it takes on an entirely new life.

Design

Gold, in bar form, comes is many different sizes to suit everyone’s budget. Some of the most popular sizes are as follows:

In addition to these ‘standard weight bars’ there are foreign bars with commensurate local weighs as well as actual weight poured bars that are usually measured in decimal (XXX.XX) actual weights.

Bars of foreign origin may also be measured is Tolas, which is of Indian descent. A Tola weighs 11.7 grams.

Another very popular foreign measurement for gold and silver is the Tael. In China, a Tael weighs 37.5 grams, which is over One Troy ounce.

A very popular gold bar weight is a Kilo bar which weighs 32.15 Troy Ounces. The larger the weight of the bar, the more economical is the additional premium cost per ounce.

Some of the most popular private and sovereign manufacturers of Kilo gold bars are bars manufactured by Argor-Heraeus, Johnson-Matthey, PAMP, the Perth Mint, and the Royal Canadian Mint.

All Kilo gold bars offered by Blanchard are guaranteed to be genuine and comprised of .999 Fine Gold and each Kilo bar weighs 32.15 Troy Ounces. Owning these bars allow an investor to buy a large amount of gold economically.

Simply click the “Add to Cart” button now or call 1-800-880-4653 to speak to one of our highly trained numismatists, who will be very happy to assist you.