Silver and gold bullion coins, as well as proofs and rounds, are extremely popular among precious metal collectors and investors right now. Nothing can diminish the demand for and value of gold bars though, as this is the world’s oldest form of precious metal investment. Nations today continue to back currency with massive gold deposits, even if the two aren’t directly linked anymore. Today, a new gold bar is available on Silver.com in the form of the 10 oz Gold Asahi Mint Bar.
- Brand-new product from Asahi Mint.
- Consists of ten troy ounces of .9999 fine gold.
- Poured in traditional production processes.
- Features a matte finish with a rustic appearance.
Gold bars were a standard method of national and individual wealth protection throughout centuries of human civilization. Gold is one of the oldest precious metals, and has played a role not only as an investment and economic tool, but also been used in decorative art and jewelry.
With sky-high prices dominating the current precious metal industry, led by the prices for gold, the production of and demand for gold bars is higher than it has been in recent decades. Asahi Mint is one of the newest production facilities in the world, but exists as the result of the divestment of another major name in the industry.
Johnson Matthey, a British company in the industry for more than 150 years, decided in December 2014 to divest from the gold and silver refining industry. With three production facilities in North America (two in Canada and one in the US), Johnson Matthey sold its assets to Japan’s Asahi Refining.
These 10 oz Gold Asahi Mint Bars are rustic and simple in their design. On the obverse face you’ll find the only markings, each of which are stamped into the bar while it is cooling after being poured into its loaf-shaped mold. At the top is the Asahi Mint oval-shaped logo, which includes “Asahi SLC” and the bar’s purity of “9999” as markings. Below those you’ll find markings that read “Fine Gold” and “10 Ounces.”
Asahi Refining originated in Japan during the 1950s where it had a hand in numerous precious metal operations, such as refining and laboratory analysis, as well as recycling. Its acquisition of Johnson Matthey assets gives it a foothold in the production of actual products.
Please contact Silver.com at 888-989-7223, chat with us live online, or email us with any questions.