Hallmarks – more than 5 years old, with purity of 99.95%-99.99% (Year
1999 – 2014).
The Discount to be applied shall be GROSS at -15% LBMA total, NET at –
12% LBMA to Buyer at CIF Gold Refinery plants , per
Kilogram based on Second Price Fixing at the London Bullion Market
Association (LBMA) for Good Delivery Bars with a minimum grade of
99.95% AU, inclusive of Malca-Amit or Brinks Security Insurance
(hereinafter referred to as “Selling or Purchase Price”). In the event LBMA
is not operating on that Scheduled Day, the Purchase Price calculation shall
be used based on the Second LBMA fixing of the market-opening day.
6.2 The Scheduled Day shall be the day after the date of receipt of the Final
Assay Report from the Gold Refinery.
S/NO BRAND SIZE ORIGIN
1. Umicore +-12.5/KG/24K/40mm Belgium
2. Royal Mint +-1/KG/24K/9.2mm England
3. Baird & Co. +-1/KG/24K/9.2mm England
4. Perth Mint +-1/KG/24K/9.2mm Australia
5. PAMP SA +-12.5/KG/24K/40mm Switzerland
6. Metalor +-12.5/KG/24K/40mm Switzerland
7. Valcambi +-12.5/KG/24K/40mm Switzerland
8. Commerzbank +-1/KG/24K/9.2mm Switzerland
9. Heraeus +-1/KG/24K/9.2mm Germany
10. Argor-Heraeus +-1/KG/24K/9.2mm Switzerland
11. RAND Refinery +-1/KG/24K/9.2mm South Africa
12. Nippon Mining +-1/KG/24K/9.2mm Japan
13. Mitsubishi +-1/KG/24K/9.2mm Japan
14. Johnson Matthey +-1 & 12.5/KG/24K Hong Kong
15. Emirates +-1/KG/24K/9.2mm UAE
16. Degussa +-1/KG/24K/9.2mm Germany
17. Logam Mulia +-1/KG/24K/9.2mm Indonesia
18. LS Nikko +-1/KG/24K/9.2mm South Korea
19. Nadir Metals +-1/KG/24K/9.2mm Turkey
20. UBS +-1/KG/24K/9.2mm Switzerland
21. Credit Suisse +-1/KG/24K/9.2mm Switzerland
22. Etihad +-1/KG/24K/9.2mm UAE
12.5kg Gold bars for sales, interested parties please email me for full info.
COMMODITY : GLD Standard Bullion
FORMAT : 12.5 KG Bars
PURITY : 999.5/1000 or better fineness
HALLMARKS : Internationally accepted Hallmarks,
The transaction is being performed as an “Off-Market, Private Transaction”,
managed exclusively within the banking system. The procedures are fully bank-
compliant and have been approved by the Seller’s Host Bank.
The procedures are, generally, as follows:
1. The Buyer and Seller sign the SPA electronically (or via a sitdown meeting)
and lodge the contract with their respective Banks.
2. The Parties arrange a “window time” for their Bank Officers to communicate
and confirm Proof of Funds and Proof of Product.
3. The Seller’s Bank Officer contacts the Buyer’s Bank Officer during the
appointed window time. The Bank Officers engage in a full and frank
discussion to confirm the POF/POP status of their respective bank customers.
4. The Buyer’s Bank Officer transmits a Bank Confirmation Letter via SWIFT 799
to the Seller’s Bank Officer confirming POF. The Seller’s Bank Officer answers
back with a SWIFT MT 600 (Precious Metal Trade Confirmation Message)
5. The Buyer transfers his purchase funds into the Buyer’s Bank to
facilitate the “ledger-to-ledger” transfer of payment upon settlement. The Seller
opens accounts in the Buyer’s Paying Bank (or assists the Buyer to arrange
bank accounts in the Seller’s Host Bank, as the case may be).
6. The Seller’s Bank Officer convenes an in-Bank Table Top Meeting with the
Seller and Buyer’s delegation in attendance and provides the Buyer’s Bank
Officer with authenticated copies of the pertinent product documents.
7. The Buyer, after confirmation of the product documents by his Bank Officer,
instructs his Bank Officer to blocks his funds in his account in favor of the
Seller as a guarantee of payment, as per the terms of the Agreement.
8. The Buyer attends at the Seller’s security warehouse with his inspection team
to inspection/assay the product.
9. The Seller’s Bank Officer convenes a Table Top Meeting with the Seller and
Buyer’s delegation again in attendance. The Parties’ Bank Officers calculate
the final purchase price, and then close the transaction on a “payment-against-
delivery (transfer of title)” basis under full banking scrutiny and vigilance.
RELEASE OF CONFIDENTIAL SELLER INFORMATION
PROOF OF PRODUCT
We understand the Buyer’s concerns regarding the genuineness of the Seller’s
product; we have the same concerns on our side of the aisle regarding the Buyer’s
financial capability. We do not provide advance Proof of Product to “third-parties” via
the internet or by any other means; the reason being the Seller does not wish to risk
his confidential information falling into the wrong hands. Equally, though, in
deference to the Buyer’s legitimate privacy and security concerns, we do not require
interested Buyers to provide advance Proof of Funds.
Proof of Product and Proof of Funds will be confirmed, internally, on a “bank-to-
bank” basis only, once the Parties have lodged a fully executed contract with their
respective Banks and the Buyer has been carefully vetted by the Seller’s Host Bank.
This assures that only bank-qualified Buyers who are ready, willing and able to
transact may gain access to the Title Holder’s confidential product information.
FULL CORPORATE OFFER
For privacy and security reasons, we do not send sensitive personal and/or
corporate information about the Seller through the internet to someone we do not
know or do not intend to engage with; in the same way that no Buyer is going to
send his personal and/or corporate information through the internet to someone he
does not know or does not intend to engage with. That is just “common sense” logic.
We would be pleased to issue a formal Full Corporate Offer once we have held
preliminary talks with the Buyer or his legal mandate and have confirmed that the
Buyer is interested in purchasing the Seller’s product (and the terms of purchase,
generally) and that the Buyer is willing to adhere to the Seller’s procedures and,
crucially, that the Buyer is competent to perform the transaction. Presumably, the
Buyer goes through a similar calculus before releasing a formal Letter of intent.
CONTRACT DISCUSSIONS / NEGOTIATIONS
We would be pleased to engage in direct contract discussions, on a “principal-to-
principal” basis, with the Buyer or his appointed legal mandate.
Consultants are encouraged to protect their confidential sources at all times. An
NCND is available upon request.
Additional information, including a copy of the draft Sale & Purchase Agreement, is
available, upon request, to Buyers and/or their appointed legal mandates only.
We also buy Gold
– CIF delivery (Europe or Istanbul preferred)
– no upfront fees/travels/bank instruments
– POF no problem
– payment after assay with XX% discount to 2nd London fixing
– up to 3,000 KG / Month
It’s the perfect way to hedge against market uncertainty and an uncontrollable national debt, and to protest the manipulation of paper currency by the Federal Reserve and its banking partners.
“A man who stops advertising to save money is like
a man who stops a clock to save time.” – Henry Ford
gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping.
Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets.
The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar.
The kilobar, which is to say 1000 grams in mass, is the bar that is more manageable and is used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape.
Standard bar weights
Gold is measured in troy ounces, often simply referred to as ounce when the reference to gold is evident. One troy ounce is equivalent to 31.1034768 grams.
Commonly encountered in daily life is the avoirdupois ounce, an Imperial weight in countries still using British weights and measures or United States customary units. The avoirdupois ounce is lighter than a troy ounce; one avoirdupois ounce equals 28.349523125 grams.
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 oz. nominal weight. However, its precise gold content is permitted to vary between 350 oz and 430 oz. The minimum purity required is 99.5% gold. These bars must be stored in recognized and secure gold bullion vaults to maintain their quality status of Good Delivery. The recorded provenance of this bar assures integrity and maximum resale value.
- One tonne = 1000 kilograms = 32,150.746 troy ounces.
- One kilogram = 1000 grams = 32.15074656 troy ounces.
- One tola = 11.6638038 grams.
- One tael = 50 grams.
- TT (Ten Tola) = 117 grams (3.75 oz)
Tola is a traditional Indian measure for the weight of gold and prevalent to this day. Many international gold manufacturers supply tola bars of 999.96 purity.