250 Grams Gold Bar | Pre Owned
250 gram pre-owned gold bars are an excellent choice for those investors who are looking for larger weight gold bullion products. The bars have a purity level of 999.9, produced by LBMA as good delivery refiners.
However, it should be noted that not all precious metals dealers sell large gold bars like the 250 gram bar. As a result, it is always best to work with a reputable precious metals dealer that offers investors a comprehensive product line.
Many investors who choose the 250 gram gold bar use a third party, secure and fully insured storage facility to safeguard their investment. CelticGold offers secure storage options for customers.
Key Dimensions
- Weight: 250 g
- Purity: 999.9
Gold Bars vs. Gold Coins
250 gram gold bars generally are for serious investors who are looking to acquire gold at the lowest possible prices. Higher weight gold bullion products will typically have the advantage of lower premiums.
One ounce gold coins often have more intricate and beautiful designs, which are popular with both investors and collectors. Coins can also be bought and sold in smaller denominations than higher weight gold bars.
Some investors therefore choose a combination of both types of gold investments. Higher weight gold bullion products for major purchases that are typically stored a secure, fully insured third party vault; and coins that offer beautiful designs that can be bough and sold in smaller denominations.
Producing Gold Bars
One of the reasons higher weight gold bars often carry a smaller premium is that they are easier to produce. Larger gold bars are typically produced by pouring the molten metal into forms that are called ingots.
Purity levels are often very high as Gold bars need to comply with standards that are set by the London Bullion Market Association (LBMA) and are therefore highly liquid and can be easily bought and sold.
Gold Price
The price of gold is made of of two components. First, is the price of gold that fluctuates minute by minute on the exchanges of the world. This is often times called the “gold spot price”.
The second component is the premium. The premium is added to the gold price and includes the costs and profit margin of the both the mint and precious metals dealer. The premium can vary widely depending on the dealer.
Also, the premium is affected by availability and demand in the market. As a result, when demand is high and availability is limited the premium will tend to increase.
Gold Bar Tax
Investment gold bars are exempt from VAT in Europe. However, keep in mind that selling gold may trigger a capital gain tax depending on the country you reside in.
| Metal | Gold |
| Form | Gold Bar |
| Country of Origin | diverse |
| Manufacturer | produced by LBMA Good Delivery Refiners |
| Series | Gold bars |
| Purity | 999.9/1000 |
| Fineweight | 250.00 gram |
| Gross Weight | 250.00 gram |
| Grade | Brilliant |
| Condition | Circulated |