Looking for a special gift for a special someone? Are you interested in investing your money in a gold bar? Gold, these days are considered high priced commodity. It is a perfect gift to give to a friend or family member and it can also be a good addition to an investment portfolio. The Royal Canadian Mint Kilo Gold Bar is one of the most in demand forms of gold that are readily available for you to purchase online or through local dealers. They are explicitly beautiful and they guaranteed by the government of Canada. If you want to know more about the Royal Canadian Mint Kilo Gold Bar, here are important pieces of information about the famous gold.
Brief Word About The Mint
In North America, The Royal Canadian Mint is the only accredited gold refiner to produce minted gold bars. Gold and other bullion products sold from the said mint are generally recognized for their value and purity. Aside from the famous Canadian Mint Kilo Gold Bar, the mint manufactures other famous types of gold and bullion for investment like the Maple Leaf bullion coins, trade bars and gold wafers. Moreover, the bullion coins from the said mint are considered as legal tender in Canada. The Royal Canadian Mint produces Canada's currency.
The Royal Canadian Mint Kilo Bar
The Royal Canadian mint has issued a series of three gold bars -10 oz, 5 oz and 1 oz. The gold purity of the bars is 0.999. They are all guaranteed by Canada's government. The 1 kilo gold bar weights exactly 1000 gram, or 32.15 ounce. and the highly popular Maple Leaf gold coin. So that buyers will not get confuse with what type of buy he or she is purchasing, each types of gold bar produced in the mint is stamped with its exact weight and purity. Also, each bar bears the trademark of the world's most popular mint.
Characteristics
The Royal Canadian Mint Kilo Gold Bar is brick-shaped gold bullion bar. It contains 99.99 percent gold. Again, the mint's hallmark is stamped directly on the bar to attest its authenticity and legitimacy. This type of gold bar is very ideal because it is widely recognized they are available for purchase in many countries around the globe. The word kilo is short for kilogram, which means the bar is equivalent to 1,000 grams. In America, it is equivalent to 2.2 pounds. However, it is more important to know that it measures 32.15 troy ounces. Always remember that gold products are measured in troy ounces, which is the acceptable measurement in the international market.
If you will look closely at the bar you will see the English words "Royal Canadian Mint" and the French "Monnaie Royale Canadienne", these scribbles are seen alongside the Royal Canadian Mint or RCM hallmark. By the way, the RCM hallmark is a stylized maple leaf in a circle. In addition, the words ONE KILO are also imprinted on the bar, together with the serial number and the bar's purity -- 999.9.
If you always browsing the internet for gold products, you will notice that the famous kilo bar is being offered by different gold and silver dealers online. The RCM or the Royal Canadian Mint manufactures the gold bar, however the mint does not directly sell the famous bar to the public. You can try buying the bar from a legitimate coin and bullion dealers. However, if you do, make sure that you check out the items first before sending your payment. Look for the markings mentioned in the article.
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