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Advanced Security on Metalor 1000gm Gold Bars

In the realm of gold investment, one name that has stood the test of time is Metalor. Renowned worldwide for the quality of their gold bars, they offer some of the most secure investment options on the market. This post explains the innovative security features of Metalor’s 1000gm gold bars and their significance to asset protection.

Metalor – A Trusted Name in Gold

Metalor is a Swiss-based global leader in precious metals, known for its high quality gold bars. They continue to set industry standards, particularly in the area of bullion security features.

Investing in Metalor 1000gm Gold Bars

Investors in the UK and across the globe prefer Metalor 1 kilo gold bars. Investors celebrate these bars for their unique safety and physical sense of wealth and security.

Metalor’s Response to Counterfeit Gold Bars

The precious metals market has seen a rise in counterfeit and fake kilobars, tarnishing its reputation. To restore trust and integrity, Metalor, in collaboration with SICPA, developed a technology-based security feature, BullionProtect®. This high-security ink solution applied directly to the bullion ensures its authenticity.

BullionProtect® – An Innovative Security Solution

BullionProtect® empowers all parties in the supply chain to confirm the authenticity of precious metal products on three levels:

  1. Certification: A standard certificate accompanies the bar that matches serial number indented on the bar. These are not reprinted by the company and only come from headquarters.
  2. Quick verification: A blinking light system or validator provides rapid validation. For instance, with a credit-card sized validator, a hundred kilobars can be checked in less than a minute.
  3. QR code verification: Each bar comes with a unique QR code embedded in the seal, readable by any smartphone.
PC : Metalor.com
PC : Metalor.com
PC : Metalor.com

Metalor Check – An Essential Tool for Bar Owners

With the Metalor Check iOS application, bar owners can easily authenticate their Metalor gold bar and access detailed information about it, including production date, location, purity, and specifications.

Respecting Your Privacy

Privacy is a priority for Metalor. When you use the Metalor Check application, it doesn’t take or send any picture of the bar, and it doesn’t share any of your personal data To download it, visit the Apple Store from your device.

Adopted Globally

Several LBMA Good Delivery refiners embrace BullionProtect® due to its compatibility with existing and future security measures. The seal, robust and unremovable, further strengthens the security.

To conclude, Metalor designs the advanced security features of their 1000gm gold bars to provide you with a secure investment experience. Every bar has an indented serial number that matches with the number on the provided paper certificate, further ensuring the authenticity of your precious metal investment.

References: [1] https://metalor.com/banks-traders-investment/bullionprotect/ [2] https://metalor.com/banks-traders-investment/bullion-investment-products/cast-bars/

Consider Metalor 1000gm gold bars for your next investment to secure your wealth with advanced security features. Jblundell and Sons LTD is official reseller of Metalor Silver and Gold Bars. All images are credited to Metalor.com

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Key Differences in Gold Britannia Bar vs. Britannia Coin

Welcome to our informative blog post where we delve into the differences between Britannia bars and coins. If you’re considering investing in gold, understanding these distinctions can help you make an informed decision. The Royal Mint has its sub brand of gold bars called ‘Britannia’, but it’s don’t confuse them with the globally recognized Britannia coins. We will explore key points such as pricing, availability, recognition, and tax advantages to help suggest the benefits of Gold Britannia coins over Britannia bars

  1. The Royal Mint of the UK refers to its minted wafer bars as ‘Britannia’,. These are not be confused with Gold Britannia coins.
  2. The term ‘Britannia’ is exclusive to the Royal Mint. Other major refineries, like Metalor, use the term Minted Wafers for similar products.
  3. The Royal Mint’s sub brand, Britannia gold bars, comes in various sizes. However, other refineries offer a wider range of gold bars.
  4. Britannia bars, as a sub brand, usually command higher prices and may not enjoy the same level of global recognition as Gold Britannia coins. At J Blundell and Sons, we offer LBMA approved gold wafer bars, which can be more cost-effective.
  5. Gold Britannia coins hold global recognition and acceptance, guaranteeing their high liquidity in international markets. Investors can effortlessly buy and sell these coins, granting them flexibility and access to a diverse pool of potential buyers.
  6. Gold Britannia coins are available in various denominations, including 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz. Thus allowing investors to choose the size that aligns with their budget and investment goals.
  7. These coins are exempt from Capital Gains Tax (CGT) in the UK. Hence making them an attractive investment option for those seeking tax advantages.
    It’s important to understand the distinction between the Royal Mint’s ‘Britannia’ bars and Gold Britannia coins. While the term ‘Britannia’ is specific to the Royal Mint, Gold Britannia coins are widely recognized and accepted in global market. We offer a range of gold investment options, including LBMA approved gold bars and Gold coins, providing investors with choices.
Full Gold 2023 Britannia
Half Ounce Gold 2023 Britannia
Gold Britannia coin
Quarter ounce of Britannia coins
Queeen Elizabeth head
Royal Mail Britannia Bar 1oz
ROYAL MINT BRITANNIA GOLD BAR
Royal Mail Britannia Bar 10gm
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Why is South African Gold Krugerrand popular

South African Gold Krugerrand Coin

When it comes to gold investment, one name stands out: the South African Gold Krugerrand (commonly refered to as Krug). In this comprehensive blog, we delve into the reasons why this iconic coin has gained immense popularity among gold investors. Join us as we explore its historical significance, distinctive features, and the factors that make it a sought-after choice for investment.

The Birth of the Gold Krugerrand:

In the 1960s, South African gold mines produced 70% of the gold distributed around the world. During this time, as the global gold standard was winding down, private ownership of gold bars and ingots was criminal offense. To capitalize on the emerging marketplace and make gold ownership legal, government introduced the gold bullion Krugerrand coin. The coin was sold at a premium of 5%, aiming to appeal to both collectors and investors.

Gold Purity and Unique Composition:

The South African Gold Krugerrand contains 91.67% gold and 8.33% copper, giving it a distinctive orangey glow. This 22-karat gold coin weighs over one troy ounce and is recognized for its durability and resistance to scratches. The combination of gold and copper contributes to its unique aesthetic appeal of orange hue.

Symbolism and Design:

The name “Krugerrand” combines currency of South Africa, the Rand, with the last name of Paul Kruger. He was an important political and military figure in the former South African Republic. The coin features Paul Kruger’s portrait on one side and showcases the iconic Springbok antelope on the reverse. These designs hold significant cultural and historical significance for South Africa, distinguishing the Krugerrand as a symbol of national pride.

Enduring Popularity:

The South African Gold Krugerrand has consistently maintained its popularity in the gold market. It dominated the gold-coin market, accounting for 90% of global sales in 1980 during the peak of the gold market. Its universal recognition and acceptance have made it a preferred choice for investors worldwide. The Krugerrand’s historical performance and market resilience further contribute to its enduring appeal as an investment asset.

South African Gold Krugerrand Coin

The South African Gold Krugerrand stands as a testament to South Africa’s its contribution to the global gold market. Its historical significance, high gold purity, and captivating designs have propelled it to the forefront of gold investments.

At J Blundell & Sons Ltd, we offer Mixed years South African Gold Krugerrands to cater to your investment needs. Experience the allure and potential benefits of owning this iconic coin.

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Gold Purity: Why is it 99.99% and not 100%?

Why is fine gold 99.999% and not 100% - Understanding the purity of gold

Fine gold is renowned for its unparalleled purity, but have you ever wondered why it is not classified as 100% pure? In this article, we will discuss fine gold purity and shed light on the reasons behind its remarkable 99.999% standard. At J Blundell and Sons, we offer LBMA approved bars, guaranteeing the utmost purity in new gold bar products at ‘four nines’ of 99.99%. Do note that purity above 99.9% is globally considered as Fine Gold.

The Quest for Ultimate Purity:

To understand why fine gold is not 100% pure, let’s explore the refining process. According to the Royal Canadian Mint, gold undergoes a two-stage refinement procedure. Initially, the Miller chlorination process is employed, refining gold to a high degree of .995 purity. Subsequently, the Mint adopts the Wohlwill electrolytic process, which further refines the gold to 99.99%+ purity. It can ven reach 99.999% and 99.9999%+ for bullion and collectible coins. Refining commences with the reception of doré, a new product from mines, and primary refiners like the Mint also process recycled scrap such as jewelry and coins. By utilizing a semi-refined product containing at least half base metal, they produce fine metal of exceptional quality.

The Limitations of Attaining 100% Purity:

Creating 100% pure gold is technically unfeasible, making 99.9% fine gold the industry standard for “pure” gold. Even the most esteemed mints, like Australia’s Perth Mint, have achieved a fineness of 99.9999% (referred to as “six nines”). This impressive level of purity is a mere 0.0001% shy of being entirely pure gold.

The Global Pursuit of Purity:

Across the globe, reputable mints endeavor to produce gold coins of exceptional purity. For instance, The Royal Mint’s gold Britannia coinis minted to a fineness of 999.9. The Perth Mint of Australia remains dedicated to pure gold coins despite the cost implications of achieving ‘six nines’ fineness. Additionally, the Canadian Royal Mint produces their Maple coin series in 24-karat gold, boasting a rivalry with the Perth Mint. The Canadian Royal Mint has achieved an impressive purity level of “five nines” (99.999%) for their gold coins.

Conclusion:

While 100% pure gold may be an elusive goal, global standard for Fine Gold is any purity is higher that 99.9%. At J Blundell and Sons, we pride ourselves on providing only the 99.99% fine gold bars. Our commitment to purity ensures that you can invest in gold with confidence and enjoy the brilliance of this remarkable precious metal.

References:

  • Royal Canadian Mint: Refining and Assaying (www.mint.ca)
  • London Bullion Market Association (LBMA) Approved Refiners List (www.lbma.org.uk)
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Why Gold is Priced in Troy Ounce Units

Converting Troy Ounces to Grams

Gold enthusiasts have always valued its beauty and investment potential. In the world of gold trading, traders price this precious metal in troy ounce units. This post explores the reasons behind using troy ounces and provides a simple guide to converting troy ounces into grams.

The Historical Origins of the Troy Ounce

The ancient troy weight system has derived the troy ounce, which has served as a standard unit of measure for precious metals for centuries. The gold industry widely recognizes and accepts it due to its historical significance and industry standards.

Conversion to Grams

Understanding the equivalent value of troy ounces in grams, which is a more familiar metric unit, can be helpful even though troy ounces are commonly used in gold trading. One troy ounce is equivalent to approximately 31.1035 grams. This conversion factor allows for easy calculation and comparison of gold prices in different units.

The International Standard

The use of troy ounces as the standard unit for gold pricing ensures consistency and facilitates global trading. Using a universally accepted unit of measurement helps avoid confusion and enables accurate valuation. this helps in exchange of the precious metal as gold is traded internationally.

Converting Troy Ounces to Grams – Example

To convert troy ounces to grams, simply multiply the number of troy ounces by the conversion factor of 31.1035. For example, if you have 2 troy ounces of gold, the equivalent weight would be 2 multiplied by 31.1035, which equals 62.207 grams.

Understanding the conversion between troy ounces and grams is beneficial for both investors and traders in the gold market. It allows for seamless communication and accurate assessment of gold prices, regardless of the preferred unit of measurement.

The gold industry has deeply rooted the use of troy ounce units in gold pricing, making it the industry standard. Understanding the conversion between troy ounces and grams provides clarity and ease of comparison for gold traders and investors. Both troy ounce and gram units are widely recognized and accepted in the global gold market, regardless of your preference.

At J Blundell & Sons Ltd, we offer a range of services for gold trading and investment. Our team of experts actively provides accurate pricing information and assists clients in making informed decisions. Contact us today to learn more about our services and how we can assist you in the exciting world of gold trading.

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Why UK Bullion Dealers Need ID from Customers: A Guide to Compliance and Regulations

ID collection for VAT exemption

As an educated investor, you may have wondered why UK bullion dealers ask for identification from customers. In this guide, we will explore the reasons behind this requirement, the compliance and regulations that govern this practice, and the types of identification required. It is important to note that these documentation needs ars for compliance purposes and the bullion dealer is not obliged to submit them to any government agencies, unless there is warrant for it. The main reasons for collecting ID documents from customers are as follows,

  • Know Your Customer (KYC)
  • Anti-Money Laundering (AML)
  • VAT Exemption

Know Your Customer (KYC)

One of the primary reasons UK bullion dealers require ID from customers is to comply with Know Your Customer (KYC) regulations. KYC is a mandatory process designed to verify the identity of customers and ensure they are not involved in money laundering or other illegal activities. UK bullion dealers are required to collect specific information such as name, address, date of birth, and occupation, which will be cross-checked against government databases.

Anti-Money Laundering (AML)

Another reason why UK bullion dealers require ID from customers is to comply with Anti-Money Laundering (AML) regulations. AML regulations are designed to prevent the illegal movement of money through financial institutions. Bullion dealers must comply with these regulations by verifying the identity of their customers and monitoring their transactions for any suspicious activity.

VAT Exemption

UK bullion dealers also require ID from customers to ensure compliance with VAT exemption regulations. HMRC VAT701/21 requires bullion dealers to keep a record of each customer’s name and address and the quantity and type of bullion sold. The ID collected from customers is essential to prove the bullion is being sold to an individual or entity that qualifies for VAT exemption.

Types of Identification Required

When buying gold bullion in the UK, customers are required to provide one or more of the following forms of identification:

  • A valid passport
  • A valid UK driver’s license
  • A national ID card issued by a European Union member state
  • A government-issued identity card from another country
  • A recent utility bill or bank statement that confirms the customer’s address

When buying Gold Bullion for a Company If a company is buying gold bullion, it is also required to provide identification to comply with KYC and AML regulations. In addition to providing the company’s registration documents, a company representative must provide identification, such as a passport or driver’s license.

In summary, UK bullion dealers require identification from customers to comply with regulations and ensure that they are not facilitating money laundering or other illegal activities. Customers are required to provide identification that verifies their identity and address, and companies must provide additional registration documents. By understanding these requirements, you can be confident that UK bullion dealers are taking the necessary steps to ensure compliance and protect the integrity of the gold bullion market.

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Physical Gold Investment Options: A Guide to Understanding Your Choices

investment gold, gold bar, gold coin, bullion, uk

Investing in physical gold can be a smart way to diversify your investment portfolio and protect your wealth from market volatility. In this blog post, we’ll discuss some of the most popular physical gold investment options available to you. We’ll cover topics such as gold bars, gold coins, gold IRAs, VAT exemption on gold, and CGT-free gold coins.

Gold Bars

Gold bars are one of the most popular physical gold investment options available. They come in various sizes, from small bars weighing just a few grams to larger bars weighing several kilograms. When buying gold bars, it’s important to consider factors such as the purity of the gold, the brand, and the dealer’s reputation. Keep in mind that larger bars can be more difficult to sell and may require an assay certificate.

Gold Coins

Gold coins are another popular physical gold investment option. Some of the most well-known gold coins include the American Eagle, Canadian Maple Leaf, and South African Krugerrand. Gold coins are generally more expensive than gold bars due to their numismatic value. When buying gold coins, it’s important to consider factors such as the coin’s condition, rarity, and authenticity.

Gold IRAs

A gold IRA is a self-directed IRA that allows you to invest in physical gold as a part of your retirement savings. This option can be attractive to investors who are looking to diversify their retirement portfolio beyond traditional stocks and bonds. However, it’s important to understand the fees and requirements associated with gold IRAs before investing.

VAT Exemption on Gold

In the UK, investment gold is VAT exempt, which means you won’t have to pay VAT on your gold investment. This exemption applies to gold bars and coins that meet certain purity and weight requirements. Keep in mind that collectible coins, such as numismatic coins, are not eligible for VAT exemption.

CGT-Free Gold Coins

Certain gold coins, such as Sovereigns and Britannia coins, are also exempt from Capital Gains Tax (CGT). This means that you won’t have to pay tax on any gains you make when selling these coins. However, it’s important to understand the CGT-free threshold and other rules associated with these coins before investing.

Conclusion

Investing in physical gold can be a smart way to diversify your investment portfolio and protect your wealth from market volatility. By understanding the different physical gold investment options available to you, including gold bars, gold coins, gold IRAs, VAT exemption on gold, and CGT-free gold coins, you can make informed decisions about how to invest your money. At J Blundell & Sons Ltd, we offer a wide range of physical gold investment options, including gold bars and coins, to help our customers make the most of their investment.

investment gold, gold bar, gold coin, bullion, uk
ash@jblundells.co.uk.com
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Investment Gold Price Variation

marketing businessman person hands

The global market has made buying and selling investment gold more accessible than ever before. However, have you ever noticed that the price of a particular gold bar or coin can vary greatly between different sellers? Understanding the factors that contribute to these price variations is crucial to getting the best price for your investment gold. In this blog post, we’ll explore the reasons behind investment gold pricing and what you should consider when buying or selling investment gold online.

Understanding Gold’s Live Spot Price

The price of investment gold is constantly changing and is largely determined by the spot price of gold. This live market price for gold can fluctuate throughout the day as the market changes, and it’s determined by various factors such as global supply and demand, inflation, and currency exchange rates. When comparing websites or dealers, it’s essential to ensure that you check the prices at the same time to get an accurate comparison.

Differences in Markups and Premiums

The markup or premium added by the seller can vary depending on several factors such as the dealer’s reputation, marketing spend, customer base, procurement costs, business model, and size. Smaller retailers often have higher procurement costs due to their lower volume of purchases, resulting in higher markups on their products. Additionally, some sellers may include insurance and delivery costs in their prices, while others may charge for these services separately. Understanding these factors can help you make more informed decisions when buying or selling investment gold.

Customer Base and Costs of the Seller

The reputation and customer base of the seller can also influence the price of investment gold. Established dealers with a loyal customer base may charge higher prices due to the trust they’ve built with their customers. On the other hand, newer or less established dealers may offer lower prices to attract new customers.

Delivery and Insurance Costs

When purchasing investment gold online, it’s important to consider delivery and insurance costs. These costs can vary depending on the weight and value of the gold being shipped, as well as the location of the seller and buyer. Be sure to factor in these costs when comparing prices between different sellers.

Market Supply and Demand Dynamics

Finally, market supply and demand dynamics can also impact the price of investment gold. For example, the release of a new gold coin or limited availability of a certain gold product can drive up demand and prices. It’s important to keep up with market news and trends to stay informed about any potential price changes.

In summary, when buying or selling investment gold online, there are several key factors to keep in mind that can influence pricing, including the spot price of gold, markups and premiums, delivery and insurance costs, the reputation and customer base of the seller, and market supply and demand dynamics. By keeping these factors in mind and doing your research, you can make informed decisions when buying or selling investment gold and ensure that you get the best price possible.

At J Blundell & Sons Ltd, we offer competitive prices and exceptional customer service to help our customers make the most of their investment in gold. So, whether you’re a seasoned investor or just getting started with buying investment gold, we’re here to help you make informed decisions.

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Investing in Gold to offest Inflation in UK

cost of living crisis, inflation in UK

As an investor, it’s important to protect your wealth against inflation. Inflation can erode the value of your investments, making it difficult to achieve your long-term financial goals. One way to hedge against inflation is to invest in gold, a safe haven asset that has historically performed well during times of economic uncertainty. Here’s what you need to know about protecting against inflation with gold in the UK.

The Impact of Inflation on the UK Economy

Inflation is a measure of how much the prices of goods and services in an economy are rising over time. In the UK, inflation is measured using the Consumer Prices Index (CPI), which tracks the price changes of a basket of goods and services commonly purchased by households. Over the last 10 years, the UK has experienced an average inflation rate of 2.16% per year, with the highest inflation rate recorded in 2011 at 4.50%.

The Relationship Between Gold and Inflation

Gold has long been considered a hedge against inflation. When the value of currency declines due to inflation, gold tends to maintain its value or even increase in value. This is because gold is a tangible asset that is not affected by the same economic factors as paper currency. In fact, the price of gold has historically increased during times of high inflation.

The Price of Gold and Inflation in the UK

Over the last 10 years, the price of gold in GBP has increased by 131.81%, while the average inflation rate in the UK was 2.16%. This means that the real value of gold has increased significantly over the last decade, making it a popular choice for investors looking to protect their wealth against inflation.

Investing in Gold as a Safe Haven Asset

Gold is often referred to as a safe haven asset because it tends to hold its value during times of economic uncertainty. When stock markets decline or geopolitical tensions rise, investors often flock to gold as a way to protect their wealth. This makes gold an attractive investment option for those looking for a hedge against inflation and a way to diversify their portfolio.

Buying Gold as a Hedge Against Inflation in the UK

There are several ways to invest in gold, including buying physical gold bullion or investing in gold exchange-traded funds (ETFs). Physical gold can be purchased in the form of coins, bars, or jewellery, and can be stored at home or in a secure vault. Gold ETFs, on the other hand, are traded on stock exchanges and provide exposure to the price of gold without the need for physical ownership.

Protecting your wealth against inflation is important for achieving your long-term financial goals. By investing in gold, you can hedge against inflation and diversify your portfolio with a safe haven asset. If you’re considering investing in gold, contact J Blundell & Sons Ltd for expert advice and guidance on buying gold in the UK.

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Tips for Selling Your Gold: Avoid These Common Mistakes

Tips to sell gold near me

Gold is a valuable commodity, and selling it can be a quick and easy way to make some extra cash. However, selling your gold is not always as simple as it seems, and there are several mistakes that people often make when trying to sell their gold. By avoiding these common mistakes, you can ensure that you get the best price for your gold.

Not Knowing the Value of Your Gold

One of the biggest mistakes you can make when selling gold is not knowing its value. Gold is typically measured in carats, with 24-carat gold being pure gold. To ensure that you receive a fair price, it is important to understand the carat weight and purity of your gold before selling it.

cash for gold london uk

Failing to Get Multiple Quotes

Another common mistake people make when selling gold is not getting a quote from multiple buyers. Different buyers may offer different rates, so it’s important to shop around and get quotes from several buyers before selling your gold. Most good delaers will have thier rates published daily at 11:30am, on thier websites.

Selling to the First Buyer

Similar to not getting multiple quotes, another mistake people make is selling to the first buyer they come across. While it may be tempting to sell your gold quickly, taking the time to find the best offer can result in a higher payout for your gold.

Selling Jewellery with Stones

When selling gold jewellery, many people assume that they can sell it as a complete piece, including any stones in the jewellery. However, buyers usually do not pay for stones in the jewellery as it costs them more to take them out than the value of the stone.

Waiting Too Long to Sell Gold

It’s important to remember that money in the bank today is worth more than money in the bank tomorrow. Gold prices can fluctuate, and while it’s important to wait for the right time to sell, waiting too long can result in receiving less money for your gold.

Not Considering Investment Gold

If you are looking to preserve the value of your gold, consider investing in gold bullion. Reputable gold dealers like J Blundell & Sons Ltd can exchange old jewellery for investment gold, which is a great way to ensure that the value of your gold is preserved over time.

By avoiding these common mistakes and considering all your options, you can ensure that you get the best price for your gold. At J Blundell & Sons Ltd, we are committed to helping our customers make informed decisions about their gold investments. Contact us today for more information.

investment gold, gold bar, gold coin, bullion, uk