Buy & Sell Gold & Silver Bars

Pre-owned Bars

The quality of precious metals remains unchanged over time. Bars are typically sold at a better price on the secondary market compared to purchasing them directly from the manufacturing companies.

The value of pre-owned bars is determined mainly by the price of the precious metal they contain, without any added premium. This means they are sold based on the current market price of gold, silver, platinum, or palladium, offering an alternative option for investors looking to acquire precious metals at a more advantageous price.

Precious metal bars can be easily liquidated or used as collateral for loans. The growing demand for precious metals supports their value in the market, regardless of their age or condition. Historically, gold and silver bars have been popular because they are unaffected by inflation or currency devaluation.

Manufacturing Companies and Authentication

The world’s leading precious metal bar manufacturers have gained global recognition and reliability. These include: PAMP Suisse, Valcambi, Heraeus, Credit Suisse and Johnson Matthey. All of these companies are known for adhering to strict standards.

Packaging for bars has evolved significantly in recent years, with the aim of increasing security. The integration of QR codes on the packaging allows the buyer to scan the bar with their smartphone and access information verifying the bar's authenticity, such as the reference number, weight, and purity.

Despite strict security measures, there are cases where these are bypassed, resulting in bars being proven counterfeit. Buying and selling without proper knowledge can be costly, and extreme caution is required.

The Most Popular Sizes of Gold and Silver Bars

The most commonly traded weights of gold bars are: 5g, 10g, 20g, and 1 oz (31.1g). Owners can easily liquidate smaller bars, whereas a 1kg bar requires more caution when selling. Due to the large sums involved, cooperation with a reliable and trustworthy establishment is essential.

ORAGOLD, with its many years of experience in the precious metals market, is a reliable choice, offering trust and ensuring a safe and fair transaction. Due to the affordable price of silver, many investors prefer to buy larger bars, such as 1kg, as this significantly reduces the cost per gram, making the investment more attractive.

Additionally, many people believe that since silver’s price is much lower than gold’s, there is significant potential for its value to rise in the future, bringing substantial profits to investors who sell at the right time.

Calculating the Price of Bars

Calculating the price of a gold bar is a relatively simple process. To calculate the value of a gold bar, for example, a 100-gram bar with 999.9 purity, you multiply the weight in grams by the current price of gold per gram.

If the price of gold is €75 per gram, then the value of the bar would be 100 grams × €75 per gram, which equals €7,500. In the rare case of collectible bars, they may theoretically have a premium, but selling them as collectibles can be challenging.

Generally, the heavier the bar, the more difficult it is to sell. Some rare precious metal bars include the Johnson Matthey 1 oz Gold Bar, Engelhard Silver Bars of 5 oz and 10 oz, and the PAMP Suisse “Lunar Series” 1 oz Gold Bars.

For any transaction, it is required to present either your ID card or passport.