1 oz RAND Gold Bar

The 1 oz RAND Gold Bar is a supreme example of an elegantly produced minted ingot. The edges are smooth. The corners are rounded, and the surface is highly polished.

1 oz RAND Gold Bar Key Features

• Embedded in a black Assay card for added security
• Obverse depiction: the Rand Refinery logo together with a description of contents, including individual serial numbers
• Reverse depiction: an elephant calf holds onto its mother’s tail as they walk. The Latin word LOXODONTA (the genus of the African Elephant)

Identifying inscriptions on the reverse of the 1 oz RAND Gold Bar include the company’s logo, a simplified design of a melting pot pouring gold into casts during manufacturing. The letters AG signify the content is gold. To the right is the purity of the metal in the bar. The center of the bar is a statement of its content and weight. The unique serial number is inscribed at the bottom. All RAND Refinery serial numbers begin with the initials RR followed by a six-digit number.

The reverse of the 1 oz RAND Gold Bar is a baby elephant holding onto her mother’s tail with her trunk. The father elephant follows closely behind. This design covers the reverse and is indicative of the company’s mindfulness about its environment and sustainability.

1 oz RAND Gold Bars Are Highly Liquid

Because minted gold bars are popular with investors, gold bars offer a highly liquid investment at a lower cost than gold bullion coins. Minted ingots, such as the 1 oz RAND Gold Bar, are brilliant and shiny with an immaculate finish. Packaging is more than just an additional layer of security. Sturdy packaging protects the soft metal from dents, contact marks, and smudges from handling with your fingers. Keeping the packaging intact helps maintain the bar’s appearance. It ensures you’ll have no issues selling it at a fair price.

Gold in the form of 1 oz bars is a sound investment for anyone diversifying their portfolio with precious metals. Gold bars are the internationally accepted trading standard used by gold dealers, traders, and bullion banks worldwide.

The Rand Refinery

Few refineries have the history of the Rand Refinery. For decades, all the gold from mines in South Africa was sent to London, England where it was refined and manufactured into bullion and sold to the British banks.

On November 27, 1920, a group of investors registered Rand Refinery, Ltd as a private company. From then on out, low-quality ingots would be received from the African gold mines and then refined to 99.6% purity and then sold to the South African Reserve Bank. By 1922, the supply of gold to London had all but stopped completely.

When the government of South Africa decided to mint gold bullion coins in 1967, naturally, they went to the oldest established refinery on the continent.

Today, the Rand Refinery, located in Germiston, Gauteng, South Africa, is the largest integrated single-site precious metals refining and smelting complexes globally. The Rand name is the pride of South Africa. The company is known for producing quality and commitment to ethical practices such as sustainable sourcing. The Rand Refinery supplies all the gold used to manufacture the Krugerrand bullion coins.