Oxford has been Alaska’s only trusted gold dealer since 1980.
Oxford Assaying & Refining buys and sells gold bullion both for individual sale and in larger quantities. We offer gold coins & bars with competitive prices. Please call (907) 561-5237 for specific pricing information or visit any of our 3 locations.
Gold as an Investment
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold bars and other gold products as a hedge or safe haven against any economic, political, social or currency-based crisis. These crises include investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest. Speculators also buy gold early in a bull market and aim to sell it before a bear market begins, in an attempt to gain financially. If you are looking to gold as an investment, we buy and sell gold coins and also offer services to mint gold bars.
Most people interested in investing in gold also appreciate the fact that gold is a universally recognized commodity. Because you are taking physical possession of it, it’s like movable property. It can also make a great investment for those who may not have enough income to invest in larger assets like land or property.
What is Bullion?
Bullion is metal in a form that will have value primarily based on its mass and purity. Bullion will commonly be in bars, ingots, and coins for metals like platinum, silver, and gold. (Coins that primarily get their value by their scarity or other types of valuation are not usually considered bullion.)
When buying gold bullion, how do you determine the purity?
Bullion’s purity and value is determined by how much precious metal it contains, which is usually defined by the mass together with the percentage of the relevant metal.
At Oxford Metals we calculate the purity of gold using the same techniques as other precious metals appraisers. We use the XRF machine which can determine the purity of gold. We also fire assay placer gold, which is mined from the ground, and brought in to us by miners.
Purity is also determined by the “mint”. For example, the 1 ounce Gold Eagle coin has its gold mixed together with other alloys to make it more lunar. Not all coins are lunar.
Also, not all gold coins are pure gold. For example, some coins we carry are with mixed with other alloys. Examples include the Eagle and Krugerrand. The Austrian Phil Harmonic coins are 99% pure gold. Gold bars are also 99.99% pure gold.
How is the value of gold bullion determined?
When buying gold bullion, the purity and current spot price also determines the value of the gold at that point in time. Much like company stock prices, the value of gold at a point in time is called the “spot price”.
When you buy a gold coin, you will expect to pay a premium above the spot price. Much like anything else in the market, this can all depend on the product, quantity, minted date, and rarity. The spot price is the amount that countries are exchanging the item for. Even production rates can effect price.
Some Types of Gold Bullion
Perth Mint wikipedia link
The newly-styled Perth Mint “Minted” Gold Bars are all struck in 99.99% fine Gold. Available in 5gram, 10gram, 20gram, 1oz & 10oz sizes all struck for the highest quality finish just like coins from Gold Blanks. All Perth Mint “Minted” Gold Bars feature the Perth Mint Swan Logo which is recognized by the (LBMA) London Bullion Market Association – this means these bars are tradable worldwide without the need for re-assay.
These newly-styled Perth Mint “Minted” Gold Bars feature a NEW innovative tamper-proof display card which the bar is blister packed into and individually serial numbered which insures that the “Minted” Gold Bar is exactly as it was from leaving the Perth Mint.
Gold Australian Kangaroo wikipedia link
Struck in 99.99% fine gold. These legal tender Bullion Coins are backed by the Commonwealth Government of Australian and are amongst the most popular in the world today. Instantly recognizable and tradable worldwide due to their legal tender status these coins can be traded without the need to re-assay in any market globally. Available in one of the world largest ranges of Bullion coins from 1/20oz up to 1KG.
American Gold Eagle Coins wikipedia link
The beauty and power of America, captured in the graceful Striding Liberty design by Augustus Saint Gaudens for the 1907-1933 $20 U.S. Double Eagle gold coin is the basis for the American Gold Eagle coin. The reverse depicts a nest of American eagles signifying the strength and security of American families. These are the only gold coins whose quality and purity are guaranteed by the U.S. government. And by law, only gold mined in The United States is used in the minting of American Gold Eagles. Since its introduction in 1986, its four sizes, 1 oz., ½ oz., ¼ oz. and 1/10 oz., have become the world’s most widely traded gold bullion coins.
Canadian Maple Leaf Gold Coins wikipedia link
The Royal Canadian Mint is known throughout the world for its impeccable standards of quality and purity in all its products. Because of its fine gold purity (.9999+), its flawless quality and its appealing design, the Canadian Gold Maple Leaf in particular, first minted in 1979, has become the preferred coin for many investors around the world today. The RCM’s insistence upon faultless planchets (the pure gold blanks from which coins are struck) has led to an enviable reputation among demanding investors and collectors.
South African Krugerrand Gold Coins wikipedia link
South Africa is the number one gold producing country in the world and the Krugerrand is the most widely owned bullion coin in the world with over 46 million ounces in circulation since its inception in 1967. It features the symbol of South Africa, the lithe and graceful Springbok antelope, on the reverse side. The obverse of the Krugerrand features Paul Kruger, the last president of the Republic of South Africa. The South African Krugerrand was the first modern government-issued gold bullion coin. It’s marketing campaigns during the 1970’s and 1980’s paved the way for its popularity among the gold bullion coins of today.
Australian Lunar Series Gold Coins
The gold Lunar Horse Coin celebrating the Chinese Lunar Year of The Horse is the latest in the Lunar Year Calendar coins from The Perth Mint. Those fortunate ones born in 1906, 1918, 1930, 1942, 1954, 1966, 1978, 1990, and 2002 are said to possess great energy, and can expect happiness, confidence and success. The Perth Mint’s exceptional high standards of quality and purity make this magnificent celebration of equestrian grace and power especially desirable as a gift for business associates, family and friends. The coins are minted in .9999 gold in sizes of 1 kilo, 10 ounces, 2 ounces, 1 ounce, ½ ounce, ¼ ounce, 1/10 ounce and 1/20 ounce.
Mexican Peso Gold Coins
Some of the most beautiful coins in the world are the Gold Peso Coins from Mexico. The most striking is the majestic Mexican 50 Peso coin, commonly called the Mex50, pictured here. The inspiring design of the winged Angel of Victory soaring above the ancient mountains of Mexico on the obverse and the Eagle and Serpent on the Cactus (the national symbol of Mexico) on the reverse make this coin attractive to collectors as well as investors. These coins are unusual in that the gold content is higher than the standard 1 ounce, one-half ounce, one-quarter ounce, etc. (See above.) Because they contain more pure gold than the standard issues of other national mints, they are an exceptional value in bullion coins.
Austrian Philharmonic Gold Coins wikipedia link
Elegant is the perfect word to describe this lovely and unusual coin. It was created to honor the renowned Vienna Philharmonic Orchestra, one of the finest musical ensembles in the world. A harmonious design of musical instruments represents the world famous orchestra on the reverse. The obverse depicts the Great Organ of the Golden Hall in Vienna’s concert hall, the Musikverein. Many collectors and investors consider this to be one of the most beautiful of all gold bullion coins. The Philharmonic is struck in a fine quartet of four sizes.
Austrian Corona Gold Coins
This historic gold coin, first minted during the tumultuous years before World War I, is currently in restrike with all coins bearing the year 1915. The bust of Franz Josef I, Emperor of Austria from 1848 to 1916 and King of Hungary from 1867 to 1916, adorns the obverse of this coin. On the reverse is the elaborate Austrian “Double Eagle with Crown” coat of arms. Containing just under an ounce of .900 fine gold, the Corona is a favorite coin of many investors.
Struck throughout the British Empire, these are recognized and traded worldwide. Struck in 0.9167% fine gold, each coin has an AGW of 0.2354oz. A very popular bullion coin traded worldwide as their premium is much less than the modern produced fractional size Kangaroo/Lunar coins.
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Questions about Buying & Selling Gold Bullion
Reach out to the experts at Oxford Metals today for more information on selling or buying gold bullion in Alaska. We will be happy to help answer your questions.