1/60 Gram [1/4 Grain] 24K Gold Bar, T.E.P., Golden Life Card, "mini-bio"

Description

T
his 0.25 [1/4] grain [0.162 or 1/60
th
gram] 24 karat pure [999.9 fine] gold bullion bar was minted by Benchmark Strategic Metals, located in Rochester, New York. This mint specializes in producing fractional gold bars from weights as small as 1/4 grain to 2 grams. The gold bar is secured in Tamper Evident Packaging [T.E.P.] which shows clearly whether anyone has attempted to open the Card, and includes assay information of weight and purity written on the T.E.P. Card as well as on the gold ingot itself. [A Troy ounce of gold is 31.1 grams or 480 grains.] A unique Serial Number appears at the bottom of the Reverse, and a product Cracking Number is within a hologram square on the Reverse, both excellent security measures. These 0.25 grain gold bars are small, indeed, but they do pack a "value punch." Traditionally, tiny bits of gold [along with silver and often copper or bronze] were used as currency and for barter. Many cultures ages ago adopted saving gold as part of their gifting, celebrating and collecting culture. We live in a country whose GDP depends over 60% on Americans essentially spending instead of saving. Once the foundational backing of the US Dollar [USD], gold since 1973 has been decoupled from US fiat currency but has steadfastly held its position as a kind of insurance against "bad times.” The price of gold rides skyward when “Fear” for some reason strikes a population. On that basis fractional gold [less than an ounce] becomes more popular. The actual value of gold as measured in USD is set by a group of international bankers by conference calls twice daily, what is known as the London Bullion Market Association [LBMA] price. The gold bar is attached to the inside of a Golden Life Card protected by a cellophane sleeve and with a "mini-bio" of the 1/4 grain Benchmark Strategic Metals gold bar [see photo]. Also included is a colorfully designed envelope perfect for storing the ingot or gifting it to a special person in your life.