For thousands of years, human societies have used gold as a standard precious metal in the production of coins. In addition to its role as a form of national currency, gold was collected by massively wealthy individuals as an outward sign of their wealth. Today, modern economies have moved away from currency that is strictly backed by gold, but this precious metal remains as a sign of wealth.
Gold bars are a popular investment tool in the 21st century, due in large part to the sky-high prices for the precious metal. While the price of gold has fallen back from its record high, the price per ounce of gold bars remains in record-high territory. One ounce gold bars are among the most popular with investors because they offer easy liquidity and affordability. The 1 oz. Sunshine Mint gold bar is a popular choice among investors around the globe.
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A Look Into The Brand Behind The Bar
Sunshine Minting Inc., known simply as Sunshine Mint, is a leading refinery in the global precious metals marketplace. The company was founded in 1979, with its corporate headquarters and flagship operation calling the city of Coeur d’Alene, Idaho home. In 2011, the company commissioned a new location in Shanghai, China; and followed that up with a newly commissioned location in Las Vegas, Nevada in 2013.
The company has risen quickly over the course of its 35-year history to become globally recognized as an innovator and purveyor of high-quality precious metals. The variety of in-house operations from Sunshine Mint includes, but is not limited to, art and design development, extruding, precious metal alloying, gold plating, edge lettering, serial numbering, melting and continuous casting, and annealing. Sunshine Mint is known around the world for its assay laboratory and quality assurance procedures.
Sunshine Mint Gold Bars Design
On the front side of every 1 oz. Sunshine Mint gold bar, investors will find four stamps verifying the quality and legitimacy of the gold bar. The first stamp is the official seal of the Sunshine Mint. Featured in the seal is a bald eagle flying into the sunshine, its talons out front ready to pounce. Below that, investors will see the stamp of the bar’s metal purity (.9999 gold), its weight (1 oz.), and a unique serial number that has been assigned to that individual bar.
On the reverse side of the bar is a repeating sunshine pattern, identical to the sunshine in the official company logo. In the center of the bar is a Mint Mark SI which serves as a security mark. All 1 oz. Sunshine Mint gold bars are sold and shipped in individually sealed packages that come complete with an assay card.
Assay and Security
Each gold bar from Sunshine Mint comes standard with its assay card. On the front of each assay card is the company name and logo. On the reverse side of each assay card is the name of the certifying mint, metal and purity, as well as the weight. Rather than relying upon duplicate serial numbers, the assayers at Sunshine Mint have developed unique security features for the gold bars produced by the company.
The new Mint Mark SI security feature on every bar comes with a decoder card that provides instant verification of a bar’s legitimacy. When viewed under the decoder, the Mint Mark should reveal two things to the investor. First, the word “Valid” appears in the Mint Mark when viewed through the decoder. Additionally, the sun in the center stamp appears to burst with sunshine when viewed through the decoder.
Other Sunshine Mint Activities and Services
Sunshine Mint produces both silver and gold bars in a variety of different weights. Silver bullion from Sunshine Mint, with .999 purity, is minted in rounds including ½ ounce, 1 ounce, 5 ounce, and 10 ounce weights. Silver bars are minted in all the same weights as the rounds, including 1 kilogram, 50 ounce, and 100 ounce weight options.
The gold bars produced at Sunshine Mint all feature .9999 gold, and come in 13 different weights. The exact weights offered by Sunshine Mint include 1 gram, 2 gram, 2.5 gram, 5 gram, 10 gram, 20 gram, 50 gram, 100 gram, ½ ounce, 1 ounce, 5 ounce, 10 ounce, and 1 kilogram bars.
Finally, the refineries at Sunshine Mint also work with silver, gold, and platinum blanks, and produce commemorative coinage for investors, banks, and governments around the world. Sunshine Mint is now one of the most respected refineries in the world, with services and products that meet the highest standard for quality.