Are Gold Bars Traceable?Ĭan you trace gold bars? The answer is both yes and no. Smaller gold pieces usually don’t have enough room for this type of marking, so manufacturers stamp it on the packaging instead. While gold coins don’t require specific numbering, they do have distinct markings and characteristics that make them instantly recognizable and differentiate them from counterfeits.Īll accredited government and private mints (such as Perth Mint in Australia or Credit Suisse) must use a serial number when manufacturing gold bars over 250 grams. Adding a unique number makes it simple for buyers to identify, verify, and trace the origin of its manufacturer.
You can think of it like designer handbags or fine jewelry: if you splurge on a Louis Vuitton purse or a Rolex watch, it’s essential to verify its authenticity and ensure that you didn’t buy a knockoff. The law states that every precious metals manufacturer must serialize and mark every gold bar before they can go on the market, regardless of size or shape. Let’s get started! Why Do Gold Bars Have a Serial Number? Then, we’ll explain the most important factors when purchasing gold bars, including sizing, weight, markings, and more. In this article, our experts from Oxford Gold Group will discuss everything you should know about how to authenticate bullion using a serial number marking and how to avoid buying fake gold bars. Fortunately, there’s a simple way you can verify whether you are about to buy real or fake gold bullion: by checking each gold bar’s serial number. If you invest in precious metals like gold, it’s important to know that you’re purchasing a genuine and authentic product. Call Oxford Gold Group Today Regarding Precious Metals Investing.What You Should Know Before Buying Gold Bullion Bars.Can You Sell a Gold Bar If It Doesn’t Have a Serial Number Marking?.
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