Umicore 20g Gold Bar in Assay Card

20 gram Umicore gold bars available at a low margin from The Britannia Coin Company of Royal Wootton Bassett. These bars are brand new, direct from the refinery.

Brief Umicore History

The main root of the current Umicore company established itself as the Union Minière du Haut Katanga (UMHK, Mining Union of Upper Katanga) in 1906, working primarily as a copper mine in the Congo. One of Umicore's earlier subsidiaries can trace its roots back to the early 19th century when Emperor Napoleon granted Jean-Jacques Dony control of the Vieille-Montagne zinc mine, which is close to the modern-day Belgian-German border.  

The UMHK in the Congo was heavily supported by the Belgian colonial government and soon became a world leader in the supply of metals such as copper, uranium and cobalt. Precious metals such as gold and silver were also mined and refined, but the UMHK mainly focussed on base metals and heavy metals during this time. 

After the company's nationalisation at the hands of President Mobutu Sese Seko, the UMHK rebranded itself as Union Minière in 1968, reflecting its forced departure from in the Katanga Province in the Congo. Having suddenly lost the vast majority of its business, it was formally taken over by Société Général de Belgique and realigned itself to more European interests.

Later on in 1989, the company started to take its present-day form when the merger of its subsidiary companies (Metallurgie Hoboken-Overpelt, Vieille-Montagne and Mechim) transformed Union Minière into a multinational, integrated materials technology company. To reflect this change, the company rebranded again in 2001, taking up its current name Umicore.

Buy 20g Gold Bars From Umicore

Umicore gold 20 gram bars are an excellent choice to add to a gold stack or to give as a gift to someone close to you. Each bar contains 0.6430 troy ounces of pure gold and has a fineness of 24 carat (0.9999). 

Being in new condition, these Umicore gold bars are issued sealed in a protective assay card. This plastic packaging doubles up as the bar's official certificate and includes the fineness, weight, serial number and a copy of the assayer's signature. Storing these Umicore bars is fairly straightforward, fitting neatly inside home safes, under the floorboards on in safe deposit boxes.  

Gold Bullion Bars

A question we often get asked at The Britannia Coin Company is if small gold bars are a worthwhile investment. Smaller-sized gold bars such as 1 gram, 2 gram, 5 gram and 10 grams tend to be bought as gifts or as a novelty, with more economical investment options being on larger bars. This threshold is usually met with 20g gold bars, which are usually the smallest size which can be bought at reasonable margins over the live spot price.

'Investors find these 20g gold Umicore bars popular because buying several smaller-weight bars gives the option to sell on part of a stack at a later time, which wouldn't be possible if one larger bar was bought.'

Generally speaking, the larger the bar, the cheaper its premium. There are other factors to consider as well when deciding whether to buy gold coins or gold bars, such as capital gains tax implications.