1 Oz Gold Bar Overview
The 1 oz gold bar is the most popular gold bullion product in the precious metals industry. Many people choose these items because their size makes them affordable, they can be easily stored, they are sealed in tamper-evident packaging, and their premiums are often lower than government minted 1 ounce coins. OWNx provides bars from Credit Suisse and the Perth Mint - two of the premier minting companies in the world.
If you have questions about these bars, please contact support.
Gold content: 1 Troy Ounce
Eligible for use in Precious Metals IRAs.
Traditionally, buying 1 oz gold bars requires research and strategy. Whether purchasing from a local dealer or online, authenticity and quality is very important.
In contrast, buying is a simple process with OWNx, all you need to do is create an account and choose whether you want to buy now or make your investments automatically.
The decision whether to buy a 1 oz gold bar or a gold coin depends on individual preferences, investment goals, and unique circumstances. Gold bars often come with lower premiums, making them more cost-effective. Their rectangular shape allows for efficient storage, especially in larger quantities. Coins, on the other hand, may carry numismatic value, appealing to collectors. They often feature intricate designs, representing history, culture, or national pride. Coins may also have legal tender status, backed by governments. Both bars and coins have their place in a diversified investment portfolio, and the choice ultimately depends on what resonates with the investor.
Learn how simple it is to buy gold bars and coins with OWNx.
Proper storage and handling of 1 oz gold bars is essential to maintain their condition and value. Some investors choose safety deposit boxes, large vaults, or secure home safes for storage and provides delivery options if this is your preference.
Some bars come in protective plastic cases, preserving their appearance. Handling gold bars with care, preferably while they are in their packaging, prevents scratches and wear. Considering potential resale, maintaining the bar's integrity is vital. Whether stored as part of a larger collection or as a single piece, the 1 oz gold bar's size and shape offer flexibility and convenience.
OWNx also offers the option to store your 1 oz gold bars in it's weighted equivalent of gold, silver, platinum, or palladium in our vaults and if you decide you want to take delivery in the form of a 1 oz gold bar, you can do so in just a few clicks in the OWNx app.
Ensuring authenticity can be done by purchasing from authorized dealers, checking for assay cards, and looking for security features, especially for products from renowned mints. Some bars come with unique serial numbers and holograms for added security. Buying your gold bar through OWNx ensures the authenticity is guaranteed, whether you decide to purchase your gold now or automatically.