Umicore 10g Gold Bar in Assay Card
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Ten gram Umicore gold bars available at low premiums from the Britannia Coin Company of Royal Wootton Bassett. These bars are issued in brand new condition.
Umicore History
The main root of the current Umicore company established itself as the Union Minière du Haut Katanga (UMHK, Mining Union of Upper Katanga) in 1906, working primarily as a copper mine in the Congo. One of Umicore's earlier subsidiaries can trace its roots back to the early 19th century when Emperor Napoleon granted Jean-Jacques Dony control of the Vieille-Montagne zinc mine, which is close to the modern-day Belgian-German border.
The UMHK in the Congo was heavily supported by the Belgian colonial government and soon became a world leader in the supply of metals such as copper, uranium and cobalt. Precious metals such as gold and silver were also mined and refined, but the UMHK mainly focussed on base metals and heavy metals during this time.
After the company's nationalisation at the hands of President Mobutu Sese Seko, the UMHK rebranded itself as Union Minière in 1968, reflecting its forced departure from in the Katanga Province in the Congo. Having suddenly lost the vast majority of its business, it was formally taken over by Société Général de Belgique and realigned itself to more European interests.
Later on in 1989, the company started to take its present-day form when the merger of its subsidiary companies (Metallurgie Hoboken-Overpelt, Vieille-Montagne and Mechim) transformed Union Minière into a multinational, integrated materials technology company. To reflect this change, the company rebranded again in 2001, taking up its current name Umicore.
Buy Umicore 10g Gold Bars
Umicore gold 10 gram bars are an excellent choice to add to a gold stack or to give as a gift to someone close to you. Each bar contains 0.3215 troy ounces of pure gold and has a fineness of 24 carat (0.9999).
Brand | Umicore |
Dimensions (mm) | 31.00 x 18.00 x 1.00 |
Weight | 10 gram |
Gold Content | 0.3215 troy ounces |
Fineness | 0.9999 |
Our Price | £747.25 |
Being in new condition, these Umicore gold bars are issued sealed in a protective assay card. This plastic packaging doubles up as the bar's official certificate and includes the fineness, weight, serial number and a copy of the assayer's signature. Storing these Umicore bars is fairly straightforward, fitting neatly inside home safes, under the floorboards on in safe deposit boxes.
Buy Small Gold Bars
Depending on your circumstances, small gold bars can be a smart investment choice. Like all investment options, there are pros and cons to consider.
'There are advantages to investing in smaller gold bars. If you buy several of these 10g gold Umicore bars, you have the option to sell on part of your portfolio at a later date. This isn't possible if you buy just the one larger-sized coin or bar.'
But keep in mind that gold 10 gram bars tend to command slightly more expensive premiums per ounce compared to larger bars. This is because small gold bars, usually sized under 20 grams, have larger production costs relative to their size, which reflects in a higher margin over the spot gold price.
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