LBMA Associate
HomeGlossaryCast bar

Cast bar

There is no generally established form for metal means of payment. In addition to various collector's coins in various forms, coin bars are an easy way to invest. This product is a classic cast bar, which has been minted with a state-guaranteed nominal value. Since bars are much cheaper to produce than coins, the premium is lower. At the same time, however, the bars can be traded as means of payment subject to differential taxation.