Engelhard Gold Bars & Rounds
Gold Bars and Rounds from Engelhard Mint
Engelhard Corporation was a precious metals company that produced gold, silver, and platinum bullion products, including bars and rounds. Engelhard Mint, a subsidiary of Engelhard Corporation, was one of the largest producers of these products, known for their high quality and purity.
Gold bars from Engelhard Mint typically come in various sizes, ranging from 1 gram to 1 kilogram, and are made of 99.99% pure gold. These bars often feature the Engelhard name and logo, along with the weight and purity of the gold.
Engelhard Mint also produced gold rounds, which are like coins but are not legal tender. These rounds usually feature a design on the obverse (front) side and the weight and purity of the gold on the reverse (back) side. Some of the popular designs include the Prospector, the American Eagle, and the Canadian Maple Leaf.
Engelhard Corporation was acquired by BASF in 2006, and Engelhard Mint ceased production shortly thereafter. As a result, Engelhard bullion products are now considered rare and collectible, and often command higher prices than other bullion products of comparable weight and purity.
History of the Engelhard Mint
The Engelhard Corporation was founded in 1902 in Newark, New Jersey, as a smelting and refining company specializing in platinum metals. Over the years, the company expanded its operations to include the production of precious metals products, including gold and silver bullion bars and rounds.
Engelhard Mint was established as a subsidiary of the Engelhard Corporation in 1981, with the goal of producing high-quality, pure bullion products for investors and collectors. The mint quickly gained a reputation for producing some of the finest gold and silver products in the industry and became a popular choice among buyers seeking reliable and trusted sources of bullion.
During the 1980s and 1990s, Engelhard Mint expanded its product line to include a wide variety of bullion products, including gold and silver bars and rounds of various sizes and designs. The mint also produced limited edition and commemorative pieces, many of which are highly sought after by collectors today.
In 2006, the German chemical company BASF acquired Engelhard Corporation for $5 billion, and Engelhard Mint ceased production shortly thereafter. Today, Engelhard bullion products are highly sought after by collectors and investors alike and are considered rare and valuable additions to any collection.
Purchasing Gold Bars and Rounds
There are several benefits to purchasing gold bars and rounds as an investment or a store of value:
- Portability: Gold bars and rounds are highly portable and can be easily stored in a safe or a bank vault. They take up very little space and can be easily transported if necessary.
- Liquidity: Gold bars and rounds are highly liquid assets, which means they can be easily bought and sold in most markets around the world. This makes them a convenient and reliable store of value that can be quickly converted into cash if needed.
- Diversification: Adding gold bars and rounds to a portfolio can help diversify an investor's holdings and reduce overall risk. Gold has historically shown a low correlation with other asset classes such as stocks and bonds, making it an effective hedge against market volatility.
- Preservation of wealth: Gold has been used as a store of value for thousands of years and has proven to be a reliable hedge against inflation and economic instability. Gold bars and rounds can help preserve wealth in times of uncertainty or market turmoil.
- Privacy: Purchasing gold bars and rounds can provide a level of privacy and anonymity that other investments may not. Transactions can be made without revealing personal information or disclosing the details of the transaction to a third party.
Overall, gold bars and rounds can provide several benefits to investors looking for a reliable and convenient store of value that can help diversify their portfolio and preserve their wealth over the long term.
