There are plenty of mints to choose from. Each has its own credibility, and features its name on its respective gold bars. If you’re looking to buy gold bullion online, Endeavor Metals can meet your spending requirements. We carry bars in many sizes, including pressed bars smaller than 32.15 oz, 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 gold 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 online 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 gold bullion dealers like Endeavor Metals.
If you’re planning to buy gold bars online, 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 bullion 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 gold 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 bullion online, 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 gold bullion dealer, but gold 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 gold 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 gold bullion online. Here’s a quick look at five of the most well-known designs.
Seasoned investors and beginners alike buy gold bars online because it’s a reliable, stable asset with inherent value proven by time. Gold 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 bullion online 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 can be a daunting prospect, especially if you are 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 bullion online from a seasoned gold 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 bars online to protect the value of your assets.
If you want to buy gold at the lowest price possible, go for gold bars 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 online, 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 gold bullion dealers charge a slight markup over the current market price of the 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 gold 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 metals holdings are classified as capital assets (specifically collectibles), so they’re subject to capital gains taxes, but only after you hold and sell them for longer than one year.
Before you buy gold 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 bullion 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.