Golden West .9999 1oz Cast gold bar

Discussion in 'Gold Coins' started by whatisgold, Aug 1, 2012.

  1. whatisgold

    whatisgold New Member

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    After doing some research, I've found that this refinery had closed in 1987, and that since then has [apparently] gained some intrinsic value.

    Does anyone have any idea of how much I could potentially get for it?

    http://i.imgur.com/oHFlL.jpg is a picture of the gold itself.
    I've found two sales of this type of bar on eBay:

    http://www.ebay.com/itm/2-Oz-GOLD-B...9467&pid=100033&prg=1011&rk=1&#ht_1642wt_1185

    http://www.ebay.com/itm/2-Oz-GOLD-B...9467&pid=100033&prg=1011&rk=1&#ht_1642wt_1185

    So basically, is there any way of determining intrinsic value of something like this?

    Thanks
     
    whatisgold, Aug 1, 2012
    #1
  2. goldpelican

    goldpelican Administrator Staff Member

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    Well the intrinsic value is stamped right one it - one troy ounce.

    I think you're referring to collector premium - to be honest very very few cast gold bars attract any collector premium, unless they are historical. Those "Buy It Now" prices on eBay are not indicative of current market value - there is no way there is a 55% premium on those bars.
     
    goldpelican, Aug 1, 2012
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  3. goldpelican

    goldpelican Administrator Staff Member

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    Crickeys. Looks like eBay US is the place to dispose of them then.
     
    goldpelican, Aug 1, 2012
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  4. whatisgold

    whatisgold New Member

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    I was, sorry.

    Then is there much of a way to be able to get an indication of collector's premium otherwise?
     
    whatisgold, Aug 1, 2012
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  5. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Just had a look at ag_n_au_oz sales tread and I think I have discovered another type of Golden West Bar.
    The stamping on his bar looks like its in relief; pretty sure I have one that is incuse
    Will get pics taken as soon as I can.
    If there are other collectors of Golden West bars, please check your bars as I would be interested to know whether there are indeed two types.
    http://forums.silverstackers.com/topic-59972-wts-gold-and-silver.html
     
    Aurora et luna, Jan 14, 2015
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  6. finicky

    finicky Well-Known Member Silver Stacker

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    My reading of that is that the sold price is still unknown/ my bold

     
    finicky, Jan 14, 2015
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  7. Altima

    Altima Well-Known Member Silver Stacker

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    Interesting to see this bar getting sold for more than an Engelhard.
     
    Altima, Jan 14, 2015
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  8. bull_bear

    bull_bear New Member Silver Stacker

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    ^^The sale was from 2012, so gold price higher too then
     
    bull_bear, Jan 14, 2015
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  9. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

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    Just confirmed that there are at least two separate types of Golden West 1oz bars.
    Meaningless to most people but important for us rare bar collectors as it actually make these bars much rarer since the entire bar mintage is now divided between the two types.
    You can see the two different types here; http://forums.silverstackers.com/topic-12608-rare-collectable-and-vintage-gold-bars-page-10.html
    If anyone has a bar that is different in appearance to these two types, please post here.
    Cheers


    [​IMG]

    [​IMG]
     
    Aurora et luna, Jan 15, 2015
    #9
  10. clear

    clear Well-Known Member

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    also compare the difference in the size of the "OZ" under the 1 on the bars.
     
    clear, Jan 16, 2015
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  11. ag_n_au_in_oz

    ag_n_au_in_oz Member

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    Thought I'd add the pics here so they can be com paired

    [​IMG]
    Source:

    [​IMG]
    Source:
     
    ag_n_au_in_oz, Jan 16, 2015
    #11
  12. clear

    clear Well-Known Member

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    good work BB, but what style was sold, maybe we need an auction....
     
    clear, Jan 17, 2015
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  13. Altima

    Altima Well-Known Member Silver Stacker

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    What was the spot price back then? Impacts the potential selling price for sure.
     
    Altima, Jan 17, 2015
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