Buy 1 oz. Gold Bars
Referring to something as “the gold standard” proclaims it as the finest in its class. That’s because there’s nothing else quite like gold, and there’s nothing else quite like 1 oz. gold bars. Gold bars are an unparalleled, tangible form of wealth composed of what is arguably the most precious metal in the history of humankind, and they’re available in a convenient design optimized for large-scale ownership.
U.S. Money Reserve is a long-standing global associate of the Perth Mint, one of the most trusted, respected, and elite minting facilities in the world. Each Perth Mint gold bar contains 1 ounce of fine gold and exhibits the mint's renowned commitment to craft and artistry.
Why Buy a 1 oz. Gold Bar?
Gold bars are ideal for high-volume gold diversification. Bars are rectangular slabs of .999+ pure gold, and are easy to stack and store. A gold bar can take up less space than the same number of ounces in coins, depending on the type of coin and your storage method.
Due to their size and simplicity, 1 oz. gold bars offer new gold buyers a unique way to bolster their precious metals portfolio as fast as they want. When time is of the essence, buying gold bars is one of the quickest ways to maximize the power and volume of your precious metals portfolio.
Fun fact: the U.S. Federal Reserve holds 6,700 tons of gold, in 530,000 gold bars. At its peak, the Fed stored more than 12,000 tons of gold, reports the World Gold Council!
History & Design of the 1 oz. Gold Bar
Gold has long been associated with gods and rulers, glorification and gains. Some historians believe that the earliest mention of something like a gold bar dates back to Ancient Rome, though the specimen was probably more lumpy than rectangular. The Roman author Tacitus references a story told by Cesellius Bassus wherein he claims to know the location of “immense stores of gold, not wrought into the form of a coin, but in rude and shapeless ingots.” Ingots were made from pouring molten gold into a clay mold. These molds were refined and over time, probably led to the production of smoother, more recognizable gold bars.
Only gold has the power to connect an ancient civilization to Australia, where these remarkable 1 oz. gold bars are minted. Thanks to the Perth Mint, Australia’s pedigree in minting gold is second to none. The Perth Mint is Australia’s oldest operating mint. It has been coining precious metals since 1899, gold bullion bars since 1931, and gold coins beginning in 1987.
The obverse side of each 1 oz. gold bar proudly displays the classic Perth Mint seal of a swan emblazoned in a circle of dynamic lines. Around the swan, it reads, “THE PERTH MINT AUSTRALIA”; below are the words “99.99 PERCENT PURE GOLD 1 OUNCE.” On the reverse side shines a captivating pattern of leaping kangaroos. The bar's polished corners, fine lines, and picture-perfect embossing make it a work of art all its own.
Perth Mint 1 oz. gold bars are individually sealed in tamper-evident cases that feature a unique serial number and the bar's technical specifications.
How Much Do Perth Mint 1 oz. Gold Bars Cost?
The price of a gold bar is primarily based on its weight. If you’re looking to buy physical gold at the lowest price per ounce, gold bars could be a great option, as you can generally purchase more ounces of gold for less than if you bought the same amount of gold as individual coins.
In general, premiums on gold bars tend to be lower than for gold coins of the same weight and fineness. Why? It all boils down to production costs. Gold coins can be more expensive to produce than gold bars due to their intricate design, emphasis on condition and appearance, and thus greater labor and machining costs.
Where Can I Shop Gold Bars for Sale?
Fortunately, obtaining the financial independence, global recognition, and accommodating portability of 1 oz. gold bars is refreshingly simple. We have Perth Mint gold bars for sale now. These remarkable specimens are available to you online or over the phone courtesy of U.S. Money Reserve. Introduce genuine distinction to your precious metals portfolio—contact us today to buy gold bars!