In the United States, only the US Mint has the authority to produce gold and silver coins for investors located in the country and around the world. However, that doesn’t mean there aren’t privately-owned mints and refineries in the US producing silver and gold bullion products for investors to purchase. Republic Metals Corporation is one of the foremost American producers of gold and silver bars for sale. Below is a brief overview of some of the options from RMC, along with information on the refinery’s packaging options.
Like many refineries, Republic Metals Corporation offers buyers two primary options: cast bars and minted ingots. The vast majority of its silver bars come in the form of cast silver. These products are ideal for bulk investors. Compared to minted ingots, these products come with very low premiums over the spot price of silver. Additionally, the larger weights offered and lower premiums combine to make the cast silver bars from RMC ideal for bulk purchases without carrying a higher price tag.
RMC cast silver bars have simple engravings on just one face of the product. The RMC logo is featured at the top along with markings of the weight, purity, metal content, a certified assayer’s mark, and an individual serial number. The bars also feature rectangular designs with flat backs for easier stacking and storage. Weight options range from 5 Troy oz up to 100 Troy oz. All silver bars from the mint feature .999 pure silver content.
On the other end of the spectrum, Republic Metals Corporation offers minted ingots for those buyers looking to invest in highly-refined products with the latest in protective packaging. Contrary to its silver bars, most of its new minted ingots are gold bars. There is greater variety in weights in the minted gold ingot range, with options as low as 1 Gram and pushing upward from 1 Troy oz as well.
Each of the individual bars is shipped to you inside of a heat-blasted package that creates a tight seal around the bar. Additionally, the tightly-packaged bars come with an assay card included that reflects the weight, purity, and metal content of the bar. You’ll also find the certified assayer’s mark and signature on the assay card, along with the individual serial number from the bar itself. Though the appearance of these bars is more refined, the design elements are the same as those found on the cast silver bars and other cast products from RMC. All RMC minted gold ingots feature .9999 pure gold content.
Republic Metals Corporation is a true American success story. In 1980, Richard Rubin invested $2,500 into a startup refinery incorporated in the state of Florida. The initial venture included the purchase of laboratory equipment, glassware, and a furnace. Today, the refinery is internationally known and has a reputation for excellence in refining. Major milestones in the history of the company include beginning to refine manufactured scrap from medical, electronics, and telecommunications firms in 1985, membership in the International Precious Metals Institute in 1986, and the opening of a new 40,000-square-foot facility in 1990.
Today, RMC quietly pushes on as one of America’s finest private refineries. It was the first in the United States to achieve ISO:140001 registration for its commitment to reducing the negative environmental consequences that stem from business operations. It has its own onsite assay lab, is an LBMA Associate Member, and more recently opened a state-of-the-art minting location in 2014.
If you have any questions about purchasing RMC gold and silver bullion bars from JM Bullion, our customer service team is always available to assist you. Our team members can be reached at 800-276-6508, online using our live chat service, and via our email address.