Republic Metals Corporation Gold Bars - Tangible Gold Bullion Investment
The Allure of Republic Metals Corporation Gold
For generations, gold has captivated humanity with its beauty, scarcity and intrinsic value. Gold bullion, in the form of bars and coins, has long served as a trusted store of wealth and protection against economic turmoil. Among the refiners that produced iconic gold bullion is Republic Metals Corporation, a renowned mint that crafted beautiful bars before ceasing operations in 2018.
Republic Metals Corporation History
Founded in 1980 in Miami, Florida, Republic Metals Corporation (RMC) was a respected precious metals refinery. They offered a full range of refining and minting services for materials like gold, silver, platinum and palladium. Over their nearly 40 year history, RMC refined over 20 million ounces of gold and established itself as a leading U.S. mint.
RMC sourced raw precious metals from mines, recyclers and private sellers. They transformed these raw materials into London Good Delivery bars, minted bullion coins and private mint branded products. Their refinery had a capacity of 240 tons per year and much of their minted gold bullion qualified as London Good Delivery bars.
Republic Metals Corporation Gold Bars
Among RMC's most popular products were their 1 troy ounce gold bars. These small gold bullion bars contain 1 troy ounce (31.1 grams) of pure 24 karat gold. RMC minted their gold bars in .9999 fine gold for investors seeking the ultimate in precious metal purity.
The 1 ounce RMC gold bars have a sleek, minimalist design. Each bar is stamped with the RMC logo, metal purity, weight and unique serial number. The understated motif highlighted the intrinsic value of the gold content rather than flashy marketing imagery. RMC packaged many of the bars in protective assay cards with foil overlay adding to the bar's professional appearance.
Buying and Collecting RMC Gold
There are several places to buy Republic Metals Corporation gold bars and other products:
- Precious metal dealers - Some bullion dealers specialize in RMC products
- Online auctions - Sites like eBay regularly list RMC gold for sale
- Coin shows - RMC bars can sometimes be found from individual sellers
- Precious metal exchanges - Online exchanges like Kitco sometimes have RMC inventory
1 ounce RMC gold bars typically sell for a small premium above the prevailing spot gold price. This reflects the brand recognition and scarcity of RMC products. Many buyers are willing to pay this modest markup for the quality, packaging and collectibility of RMC branded gold bars.
Investing in Gold Bars
There are several benefits associated with buying gold bars like those from Republic Metals Corporation:
- Tangible Asset - Gold buyers gain a tangible asset to hold as a physical representation of their wealth.
- Liquidity - Gold is highly liquid. Bars can easily be sold if the need for cash arises.
- Portability - Small gold bars from mints like RMC offer great portability and ease of storage.
- Durability - Gold does not corrode and can be stored indefinitely, outlasting paper assets.
With their unique brand and packaging, RMC gold bars offer these benefits along with strong aesthetic appeal. While Republic Metals Corp is no longer refining gold, the bars they produced over nearly 40 years remain an excellent bullion investment.
The Enduring Value of Gold Bullion
Gold bars from acclaimed mints like Republic Metals have long provided secure protection against market turbulence and geopolitical unrest. Their combination of intrinsic value, liquidity and portability make gold bars like the RMC 1 ounce offerings a smart addition to any investment portfolio. While RMC has shuttered, their gold bars remain viable and sought-after physical assets.
FAQs
What types of gold bars did RMC produce?
RMC minted gold bars in various sizes including 1 ounce, 10 ounce, 1 kilogram, 50 gram and 100 gram. The 1 ounce size was among their most popular gold bullion products.
What happened to Republic Metals Corporation?
RMC ceased operations and filed for bankruptcy in 2018 after facing financial difficulties and legal issues related to alleged fraud.
How much do RMC gold bars cost?
Pricing fluctuates daily based on the spot price of gold. Expect to pay 3-6% above the melt value for the added collectibility of RMC branded bars.
Are RMC gold bars still produced?
No, RMC shut down refining and minting activities in 2018. Any bars available today are from old stock or private collections.
Where can I buy RMC gold bars?
Check with bullion dealers, online precious metal exchanges, auction sites and coin shows. Availability is limited since RMC is out of business.
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