Pricing Facts

 

The troy ounce (oz t) is a unit of imperial measure. In the present day it is most commonly used to gauge the mass of precious metals. One troy ounce is currently defined as exactly 0.0311034768 kg or 31.1034768 g. One troy ounce is equivalent to approximately 1.09714 avoirdupois ounces.

 

The troy ounce is part of the troy weights system, many aspects of which were indirectly derived from the Roman monetary system. The Romans used bronze bars of varying weights as currency. An aes grave weighed equal to 1 pound. One twelfth of an aes grave was called an uncia, or in English an "ounce". Later standardization would change the ounce to 1/16 of a pound (the avoirdupois ounce), but the troy ounce, which is 1/12 of a troy pound (note that a troy pound is lighter than an avoirdupois pound), has been retained for the measure of precious metals. At 480 grains, the troy ounce is heavier than the avoirdupois ounce, which weighs 437 1/2 grains (exact by definition), about 10 percent more than the avoirdupois ounce, which is 28.349523125 g

 

When producing 31 grams from a single ounce bar, the labor will also increase by 31 times. The labor is intensified due to each unit must have a serial number and is assayed for weight, purity & fineness separately.

 

Gram weights are normally so expensive to produce that most refineries do not offer individual grams for sale, much less, allowing the purchase of one gram at a time.

 

The important factor is the premium/production costs, needed to produce the smaller units, will stay attached forever.

 

When selling to a reputable dealer, they will also recognize the production costs of the smaller units and also respect the premium.

 

Let's compare this on the opposite side of the Gold Industry.

 

Let's say you want to purchase a kilo or good delivery bar. (400 oz bar)  You are likely to hear the term, below spot or spot minus 2%... This simply means it takes less labor to produce, assay, serialize, mint, store 1 kilo rather than 32 -1 ounce bars or 1000 = 1 gram bars.

 

The key to really know the value is to look at our competitors and read the small print on the additional, storage, delivery and minimums required to purchase.

 

I suggest using your preferred search engine and then do a search for the following key words to prove the value in the marketplace for a product comparable to a Karatbar.

LBMA kinebar (hologram) 1 gram 999.9 gold bullion 10/05/2013 pricing

 

Gold de Royale Bullion

Example: http://goldderoyale.com.au/shopping/products.php?cat=1&scat=26  

http://goldderoyale.com.au/shopping/products.php?cat=1&scat=30

Their cost : $94 usd
Karatbars cost: $63.37  (updated 5/19/17)



Suisse Gold

https://suissegold.com/product/1-gram-ubs-kinebar-gold-bullion-bar-999-9-fine?cat=0&page=1

Their cost: $81.28 usd
Karatbars cost: €56.96 ($ 63.37 usd)    (updated 5/19/17)

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You will also find this very interesting, most Gold Re-sellers constantly show they are out of stock of hologrammed gold products which are produced by an LBMA accredited refinery.

 

What is a Karatbar & Why is it So Special ???

 

Our 999.9 pure gold is heat sealed into a card similar to size of a credit card. The card itself acts as the certificate which aids in proving authenticity. The unique hologram which adorns the reverse side of the gold gram will all be found within the confines of the Karatbar.

 

The hologram/kinebar feature was introduced by UBS bank in 1993 and made headlines around the world.

 

The addition of the embossed hologram on the underside of the gold acts as a security device which proves using a naked eye the product has not been tampered with.

 

In 1993, UBS bank created the first hologram, they refer to as a kinebar. In 2012, UBS trademarked the name kinebar referring to the hologram. Karatbars followed suit and trademarked the name Karatbars to distinguish our product from others.

 

With the introduction of this hologram technology, it was the first time in history where owners of physical gold felt comfortable removing the gold from the private vaults and from under the bailsmen watchful eye.

 

Previously, once removed from the vault, the gold lost value and the burden was on the owner to prove it was purity & authenticity. Many times prior, the gold would have had to been assayed and in many cases re-melted, to actually prove there was not any tampering with the gold and its purity.

 

You may find that very few brokers actually offer increments as low as a single gram for delivery. People have been paying a higher price for gold produced with a hologram since 1993 when the hologram was introduced to the physical market. It is simply worth quite a bit more when it removes the need or burden for gold owners to " prove it is ,what you say it is."

 

I am aware of only a few refineries world wide, who offer the single gram weights. This is due to the low profit margins and the increased labor intensity needed to produce the small 1 gram units.

 

While many brokers will use the gram weight to entice customers, we find when clients look at the small print they see they can not buy "just a single gram." They post the gram price as a sales ploy and in the fine print explain you need to purchase 1000 grams minimum which is the weight of a kilo bar.

 

The value of a Karatbar is one of the best in the industry based on the size and security features as well as being heat sealed within the certificate of authenticity.