Click Fraud
  • FAQ
  • CONTACT US
  • Cart

Coins or Bars

16 December 2020

Cast Bars

Cast Bar is the ‘poured’ form of bullion; the process of casting has been around for thousands of years and it begins by heating the metal into liquid form. This liquid metal is then poured into a mold designed to hold a certain weight and to create a certain shape. Once cooled, it is taken out of the mold to be stamped and serialised. No two poured bars are the same due to the pouring process that often creates abnormalities and blemishes that are unique to those bars.

Minted Bars

Minted bar / tablet and coins are a manufactured form of bullion. Minted bars began life as sheet metal; from there they are fed through a machine that strikes the image in text into the bar. This produces a bar that is more intricate & detailed than a simple cast bar. These usually come sealed in its packaging (CertiCard, capsules or the likes) accompanied with a certificate containing a unique serial, number assayer’s signature, weight & precious metals content; the selling price of these are usually higher than cast bars due to the added manufacturing cost. ABC Bullion carries a range of minted tablets in various sizes from 1g to 1oz.

Coins

Physical metal in coin form are usually available in small denominations, making it an excellent entry to the precious metals market or gifts for those looking for tangible stores of wealth. These small denominations include sizes below one ounce, often called, fractional coins, may go as little as 1/20th of an ounce. When buying in bulk form, a set of coins (supplier dependant) comes in a ‘tube’ and a set of tubes comes in a ‘monster box’.
There are two types of coins available, bullion and numismatic. Bullion coins are acquired for its precious metals content only where numismatic coins may have as additional collectors value due to their rarity.