South Florida's Largest Precious Metal Buyer
We Buy Gold, Silver & Platinum Bullion Items
Altier Rare Coins is one of South Florida’s leading precious metal bullion buyers. We pay real market value for your bullion related items.
Precious Metal Bullion Bars
A bullion bar, also called ingot, is a shiny piece of rectangular shaped metal made from precious or semi-precious metals. The most common forms of bullion bars are made from gold, silver, and platinum. This does not mean that only these three metals are used in the production of bullion bars. In fact, investors in the precious metal industry could also purchase bars made of rhodium, palladium or copper.
Bullion bars provide a way to purchase large quantities of these precious metals efficiently, and they are also easy to manufacture and store. This explains why investors are profoundly interested in buying bars. The private mints inflict charges that are usually smaller above the market’s metal price, thus, saving investors money per troy ounce of bullion. The number of private mints who produce these bars for the world market exceeds the number of government mints that are engaged in this venture.
However, there are some significant drawbacks with bullion bars. It can be difficult and costly to liquidate when you’re ready to use and/or sell them. Also, while they do come in a range of sizes, they tend to come in larger sizes than coins and rounds, making them less versatile.
Overall, bullion bars are more appropriate for investors who would wish to store them for a longer time.
Gold and silver bullion items have been a major market for investors, but this trend is fast changing, with rhodium, palladium and platinum bars gaining popularity in recent years.
Precious Metal Bullion Rounds
A bullion round is only obviously different from bullion bars because it assumes a different shape (a coin shape) and is smaller in size. While bullion coins are produced by different entities, including the United States and Canadian governments amongst other countries, bullion rounds are manufactured by private mints.
Bullion rounds have an amazing and beautiful design, which makes it also familiar for bullion coin investors. They are not always made from expensive metals such as platinum; therefore silver rounds, gold rounds, and copper rounds are commonly known versions.
Since they’re smaller and already in usable form, rounds are easier to liquidate and use than bars, and also represent a good investment for anyone.
Precious Metal Bullion Coins
Bullion coins maintain a similar shape to bullion rounds but have very distinct features from them.
First, these coins are used as legal tenders in the country where they are issued to investors and are exclusively produced by government mints. Also, since the government backs them, bullion coins are the most trusted set of precious metal for new investors. In some cases, bullion coins often have some numismatic value as well. This invariably makes them popular among coin collectors and precious metal hobbyists.
Famous bullion coins include the American Eagle, the Canadian Maple Leaf, Chinese Panda and the South African Krugerrand. The most common coin forms are the silver bullion coins and gold bullion coins. Over the years, though, many government mints have also produced platinum, palladium and rhodium bullion coins.