• Price Change UP Icon Gold $4,469.00 +3.00
  • Price Change DOWN Icon Silver $73.38 -1.03
  • Price Change DOWN Icon Platinum $1,885.00 -39.00
  • Price Change DOWN Icon Palladium $1,313.00 -53.00

Owning 1 oz Gold Bars - Maintaining, Storing & Knowing When to Sell

For investors looking to diversify their portfolios with tangible assets, 1 oz gold bullion bars stand out as timeless symbols of wealth preservation. Follow along as we explore the nuances of owning, maintaining, storing, and selling these illustrious gold investment vehicles.

Share Full Article

1 oz Gold Bars vs. Larger-Format Gold Bars

Owning small-format gold bars presents a compelling case for investors seeking enduring value and diversity in their portfolios. Besides their easy-to-store size, gleaming brilliance, and extraordinary purity, 1 oz gold bars offer a few distinct advantages to investors.

Affordability:
While larger gold bars like the 10 oz gold bar or 1 kilo gold bar can be impressive to hold, they contain significantly more gold and are therefore more expensive to purchase. 1 oz gold bars offer a less expensive, or more divisible, option to investors.

Liquidity:
Generally, smaller format bars are easier to sell or trade if necessary. Larger bars may have less buyback appeal, making them harder to liquidate.

Diversification:
Some investors prefer to spread their investment across multiple smaller bars, or alternative metals, rather than hold funds in one larger bar.

Accessibility:
With a lower purchase point, 1 oz gold bars make owning gold more accessible to a broader range of budgets.

Gifting and Trading:
Compared to larger gold bars, 1 oz gold bars are a manageable and tradable unit that can be easily exchanged or given as gifts.

Need Help Investing?

Get your free copy of the Monex Gold Investor Kit
Download Now

Where to Buy 1 oz Gold Bullion Bars

When considering the purchase of 1 oz gold bars, authenticity and purity are paramount. Choose a reputable dealer like Monex to ensure the gold you invest in meets the highest standards in both quality and legitimacy.

How to Protect Your 1 oz Gold Bullion Bars

Gold bullion is an incredible store of private wealth and proper handling is imperative to preserving the value of your investment. Precious metals are generally maintenance-free when stored correctly. The primary line of defense is keeping your gold bars in a cool, dry and secure location. Secondly, protect each individual bar from potential wear or damage. While each mint and manufacturer package gold bullion bars differently, keeping your 1 oz gold bars in the original packaging is the best way to ensure its condition. If your gold bullion bars arrive without packaging, however, consider taking protective measures yourself. Benefits include:

  • Protection from scratches and damage that may occur when stacking bars.
  • Preventing contact with environmental factors that might affect the bars’ appearance.
  • Easily organize and identify specific bars within your storage.

When wrapping gold bars, use non-reactive materials that won’t leave residue on the metal like acid-free plastic sleeves or specialized gold storage envelopes. If you’re uncertain about the best practices for storing your specific gold bars, consult a Monex account representative for personalized assistance.

Where to Store 1 oz Gold Bars

For those who like to spend time with their investments now and then, one of the most popular methods to securely store gold bullion at home is in a personal gun safe. Keep in mind, however, that some situations make home storage less than ideal or downright impossible. For instance, precious metals held in IRAs must be stored in a third-party depository by law, while home storage often involves additional insurance costs or security enhancements.

Very large amounts of gold or larger format bars, however, are better protected in depository storage. The Monex Atlas Program allows investors to safely store their investments in a Brink’s depository.

How to Sell Gold Bullion Bars

When you decide to sell your gold bullion bars, consider the following factors:

Ease of Selling:
Selling a specialized commodity like 1 oz gold bars, can be challenging without the guidance of an informed representative. Monex addresses this challenge with full-service personal account representatives for its customers.

Market Information:
Access up-to-date market information before purchasing or selling precious metals. Knowledgeable Monex account representatives are available to help.

Relative Price:
Use a dealer that provides a two-way market to improve the likelihood of a lower spread between its bid price and the current market spot price for gold. Monex proudly fits that bill.

For more information on how to own, store, and sell your Monex investments, contact one of our knowledgeable Account Representatives today.

Related Articles

Gold Canadian Maple Leaf Coins

The Pinnacle of Purity: 99.99% Gold Canadian Maple Leaf Coins

The Royal Canadian Mint’s Commitment to Quality In 1979, the prestigious Royal Canadian Mint began production of the 1 oz. Canadian Maple Leaf gold coin with a consistency of 99.9%. At the time, the only competitive private investment coin in the market was the 91.67% pure gold South African Krugerrand. The increased gold purity consistency more…

The Beauty of Canadian Maple Leaf Gold Coin Designs

The Iconic Maple Leaf Known for its vibrant autumn colors, the maple tree is a prominent species in the eastern Canadian landscape. While the tree itself was an invaluable part of the indigenous Canadians and early settlers’ lifestyle, the Canadian government did not officially adopt the maple leaf as its national symbol until 1965. Today, more…

Get Your Free Gold
Investor Kit
All form fields are required *
Download Your Report
Thank You

Want your offer sooner?

Faster delivery
is available by phone.

800-444-8317

FREE REPORT OFFER
90% Silver Coin Bags at Spot
Thank You
Please check your email for a confirmation link and Free Report!
Speak to a Representative Now
I agree to receive news and promotional material from this website and understand I can cancel at any time.Privacy Policy
FREE REPORT OFFER
Anchors in a Shifting World
Thank You
Please check your email for a confirmation link and Free Report!
Speak to a Representative Now
I agree to receive news and promotional material from this website and understand I can cancel at any time.Privacy Policy

Ready to invest?

Speak with a Monex specialist now for live pricing, professional guidance, and exclusive offers.
OR
download
Get Your Free Report

Enter your phone number to be connected to a Monex Account Representative.

Thank You
Want your kit sooner?

Faster delivery is

available by phone.

800-444-8317

Get Your Free Monex Investor Kit

All form fields are required *
Embed Spot Prices!
Copy and paste code below wherever you want your table displayed.
Copied to clipboard
Embed This Chart!
Copy and paste code below wherever you want your chart displayed.
Copied to clipboard