Removing a gold bar from the certicard.

Discussion in 'Gold' started by bullionexpress, Oct 12, 2014.

  1. bullionexpress

    bullionexpress New Member

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    I intend to remove a 5 gram gold bar from its certicard so it can be used in a jewelery item.

    Will removing it from its certificate reduce its resale value or make it hard to sell later? I hope to get at least spot for the bar when sold.

    In the past I had used valcambi combibar 1 gram units for this as they dont come in certicards.
     
    bullionexpress, Oct 12, 2014
    #1
  2. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    Potentially yes it may affect resale especially if you drill or damage it. But moreso if it was a coin.
    You will always get spot. Never accept less.
    If you want a raw bar I could swap you one for the certicard.
     
    Naphthalene Man, Oct 12, 2014
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  3. House

    House Well-Known Member Silver Stacker

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    It will reduce it's resale but not significantly. As NapMan said, you'll always get at least spot. Turning it into jewelry might even add value to it. Is it for a customer request?
     
    House, Oct 12, 2014
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  4. JulieW

    JulieW Well-Known Member Silver Stacker

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    I am inherently suspicious of certicards, based upon the extraordinary skill and imagination of Chinese manufacturers.

    If putting Tungsten inside gold bars to fool the assayers, I would imagine putting something similar inside a plastic sleeve would be an easy task.
     
    JulieW, Oct 12, 2014
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  5. SovereignBuyerMelbourne

    SovereignBuyerMelbourne Member

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    I brought a 50g baird and co gold bar recently (my first purchase) without a certicard, did I just make a rookie mistake?
     
    SovereignBuyerMelbourne, Oct 12, 2014
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  6. Naphthalene Man

    Naphthalene Man Active Member Silver Stacker

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    No you'll be fine. Don't stress
     
    Naphthalene Man, Oct 12, 2014
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  7. SovereignBuyerMelbourne

    SovereignBuyerMelbourne Member

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    How come?
     
    SovereignBuyerMelbourne, Oct 12, 2014
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  8. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Well known company and you wouldnt have paid too high a premium compared to a pamp. Good bang for buck buy as most likely resale value for both will probably be the same.
     
    Eureka Moments, Oct 12, 2014
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  9. SovereignBuyerMelbourne

    SovereignBuyerMelbourne Member

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    Thanks for the explanation.

    The low (3%) premium was my incentive in buying the bar without a card.
     
    SovereignBuyerMelbourne, Oct 12, 2014
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  10. Richard26

    Richard26 New Member

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    I am not fond of buying pm sealed in plastic. Unless it is a special coin or a rare year.
     
    Richard26, Oct 19, 2014
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  11. dragafem

    dragafem Well-Known Member Silver Stacker

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    welcome to the forum :p
     
    dragafem, Oct 19, 2014
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  12. Gilligan

    Gilligan Active Member

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    Does that mean he's the 26th Dick to join?
     
    Gilligan, Oct 19, 2014
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  13. Richard26

    Richard26 New Member

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    well there is usually at least 1 Dick in the conversation. And in a room full of Dicks it helps to stand out. . :)
     
    Richard26, Nov 1, 2014
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