How to Prove Ownership of Gold Bars

Gold bars may be more cost-effective and convenient to store than coins, plus provide greater security than paper money or stocks as they’re physically tangible.

When purchasing gold bars, look for those marked with a reliable hallmark. A hallmark identifies their manufacturer and can help verify whether the bar is genuine.


Gold can be an effective hedge against inflation and other financial crises, yet to ensure your purchase is genuine, it is vital to invest in genuine bars.

Authenticity testing is the easiest and fastest way to determine whether a gold bar is authentic. Carefully examine any inscribed text on its surface, and look out for any differences from genuine bars minted by reputable refineries with stringent manufacturing standards and records of production. This approach works best when dealing with bars from untrustworthy suppliers with unknown manufacturing histories or practices.

Older hand-poured gold bars may not come packaged, but modern gold bars typically include packaging from their manufacturer as well as an assay card with details about their serial number and purity. Another way to check authenticity is by clicking two pieces of metal together and listening for a pinging sound; gold is magnetic but some alloys may evade detection during this test; therefore it is crucial that only purchase from reliable precious metal dealers who permit you to inspect their bars beforehand.


Gold bars differ from coins in that they don’t have an intrinsic face value; VAT exemption applies if 24 carat purity, and capital gains tax will only apply if sold once their price has gone over your annual allowance.

Bars can be purchased from reliable dealers, and often come equipped with an assay card to further verify their authenticity and individual production details like weight, size and fineness are included on these assay cards. An assay card provides more than cosmetic protection – it includes information such as weight, size and fineness of each bar in detail.

Gold bullion investments can be smart investments, with gold bars being particularly cost-effective because they are much cheaper than coins. Before purchasing precious metals from any seller, be sure to have an organized plan for how and where you will store it; this will reduce risk related to theft or loss.


Gold bars should be stored safely at home or bank safety deposit boxes; the latter option offers limited access during business hours and does not guarantee their contents are adequately insured.

When it comes to home storage of bars, be sure to handle them carefully with clean hands in order to avoid smudges and store in an area with low humidity levels. Doing this can prevent potential damages caused by high humidity levels.

An alternative solution for storing gold is using an online program that will hold it on your behalf, although such arrangements often lack transparency and audited by an independent firm to confirm they meet proof-of-ownership requirements. If you decide to store your bullion using such an online solution, make sure that it is listed on the London Bullion Market Association Good Delivery List, with your name as owner listed to protect your investment if a crisis should arise.


Gold has long been seen as an investment with secure returns and store of value qualities, making it ideal for diversifying portfolios or acting as an inflation hedge. Physical gold such as bars or coins require secure storage and insurance premiums may increase, however special programs designed specifically to store gold bars may help lower these costs.

If you choose to invest in physical bullion, make sure that the dealer you purchase from has an impeccable track record and certification from organisations like the Better Business Bureau and Business Consumer Alliance. In addition, use resources which offer visibility into how sellers treat customers such as customer review sites or TrustPilot to assess how sellers treat customers.

Raymond Banks Administrator
Raymond Banks is a published author in the commodity world. He has written extensively about gold and silver investments, and his work has been featured in some of the most respected financial journals in the industry. Raymond\\\'s expertise in the commodities market is highly sought-after, and he regularly delivers presentations on behalf of various investment firms. He is also a regular guest on financial news programmes, where he offers his expert insights into the latest commodity trends.

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