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Gold Bullion Identification

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Gold Bullion

It is important to identify gold bullion accurately. The identification marks stamped on it reveal who made it, how much it weighs, and the purity of the gold inside. The markings sometimes reveal when it was made and its identification number.

  1. Shape

    • Gold bullion is sold as gold bars or gold coins. They are identical except that bars are rectangular and coins are round.

    Manufacturer

    • The entity that casts the gold bullion is identified on the surface. On gold bars, this is usually a company. On gold coins, it is usually a country's government mint.

    Weight

    • The weight of the gold bullion is listed in either ounces or grams. The weight refers to the weight of the gold contained in the bullion and not the overall weight of the coin or bar.

    Purity

    • The purity is listed as a decimal like .9999 pure, or in karats like 24K. Both of these are considered pure gold. If the gold bullion purity is not marked, it is 22K gold or 91.3 percent gold.

    Date

    • The year a gold bullion coin is minted is usually stamped on it. Most gold bullion bars do not have dates.

    Identification

    • Many gold bars have identification numbers stamped on them. Most gold coins do not.

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References

  • Photo Credit gold plates image by peter Hires Images from Fotolia.com

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