The Aesthetic and Usability of a 100-Gram Gold Bar
Imagine a treasure chest, except really good at being a treasure chest, and not very pirate-y at all. The gold bar is visibly compressed between the coins and memorabilia and is distinguished by its gleam and 100 gram gold bar worth. No wonder that people all over the world tend to be fond of this very size. The wealthy gem beckons to collectors, well-experienced investors and gift givers alike. So, just what makes this bar of gold look so attractive and to whom is it irresistible?
A Middle Ground: Big and Small Investors’ Gold Bars
Seldom do investors enter into the same footwear. There is a deep-pocket buyer and a value monger. To the old hand, who wants to be diversified but with great value, a 100-gram bar of gold is the right size: large enough to mean business, small enough to sell when it is necessary. In the meantime, a new investor who came to test the waters feels less intimidated than Kilo Bars. It is the middle ground, so it is easily transported and stored, and we dare to say it is of the right weight, so a novice can carry it with confidence.
The 100-gram bar acts as the starter formula for some buyers before they get into more serious stuff like the heavier and more expensive bars. Some people like such bars because they are easy to split. Selling 10 x 100g bars will give a preferred flexibility compared to selling a huge kilo bar, in a one-time deal. Both discriminating customers and experienced collectors say the same thing: 100-gram bars grant some sort of freedom.
Practicality Seekers and the Gift-Givers
As long as history does not forget it, gold has outranked paper gifts. A properly packaged gold bar (filled with 100 grams, of course) is not the worst present one can give out on a special birthday, graduation or wedding day. In addition to the value, there is something substantial, something solid, something worth. And you know what is invaluable, when you make somebody drop his or her jaw.
Anecdote reference: There was once a time my neighbour handed his niece a 100-gram gold bar as a birthday present on her 18th birthday. She cradled it the way it was, the One Ring. Ever since, the family can not stop talking about it.
What are The Advantages of 100 Gram Gold Bars Compared to Coins and Bigger Bars?
Still, those are just the details, are they? Why use a 100-gram gold bar instead of using coins or something heavier?
Low premiums: Normally, bars are cheaper in premiums compared to coins. So, that is what a musician wants to hear from an investor.
More metal to the dollar: fewer gimmicky designs, more yellow metal.
Storage Stability: Easy to handle, shape, and size. Will fit into a safe, a safety deposit box and fit even in a sock drawer (we wish we could tell you that the sock drawer will work).
The 100 gram bar is not only of robust value but is also known to international dealers, who would easily be sold. It is middle ground between affordability and a huge financial outlay.
Fake Treasures: Wisdom on Appraising Fool S Gold
What may shine is not always the real McCoy. It is difficult to tell the difference between fake and genuine gold- fakes are becoming smart. Unsuspecting consumers have taken fortunes on fake bars that come in deceiving packages with perfect seals, and sometimes they even come with authentication on a separate card.
The Knockoff Dead Giveaways
Begin with simple things. When it is too good to be true, then alarm bells must go on. Fraudsters use the power of hope and desperation. Ridiculously low prices are a ruse as old as time.
The first stopping point is weight. A real gold bar weighing 100 grams would not cause the scales to fudge. A counterfeit would trim a gram or so here and there, or, still worse, could contain tungsten within a shell of gold. Funny thing is, tungsten is slightly lighter than gold- just what crooks are hoping to get, but what buyers should not!
Examine branding. Only use bars with a well-respected company: PAMP Suisse, Metalor, Heraeus, and so on. The counterfeiter is in a position to replicate these brands; however, specifics count. Pay attention to fuzzy logos, strange layout of fonts or misspellings.
The inspection at the surface is magic. Truly real gold will not look anything like peeling, chipping, or flaking. The scratches should not show anything unusual. If you are the curious kind, use a jeweller’s loupe.
Magnet Test the Beyond
Gold is inherently unmagnetic. A fraud is easily revealed by a test. In the usual situation, when your bar is attracted towards a magnet, that is a sure tip-off, unless you have happened to discover some new exotic physics experiment gone bad.
Then there is a sound test. When you tap a gold bar lightly, it gives a long sound. Other metals? They rattle or bang.
Nested bars (in which counterfeit gold is rolled around low-value metal centres) require a special test. The best is some XRF machine or an ultrasonic thickness tester, but these are not lying around every British household. This is why dealers with a good reputation cannot be ignored.
Where to Buy: Your Safe Source??
Although it may be tempting to find crazy deals online on the marketplaces, nevertheless, it is wise to use the well-established precious metal dealers. They ensure authenticity and even give records of serial numbers, and in most cases, they offer buyback. The invoices become evidence of ownership and make the resale smooth in the future.
Verification date point of purchase should not be forgotten. The trustworthy sites can provide face-to-face testing or thick certificates provided by a third party. In case, make a serial number cross-check on the manufacturer’s site.
Peace of mind and Roomy Storage
You now have your shiny 100-gram bar of gold. What do you do with it? It is tempting to leave it under the mattress, but in modern storage, safety comes first. Home vaults are good, but banks and bullion storage companies relieve some stress from your shoulders. The other cost is the insurance, but insuring against loss or theft.
Others take it a step further by making an inventory of their investments, as well a taking high-resolution photographs so that the holdings can be insured and as part of estate planning. By asking your dealer to activate notifications in case of a price change, you will be informed of the most suitable time to make a purchase or a sale.
