Special feature: Very rare!!!
The Rothschild Bank had its own gold bars mined at the Royal Mit Refinery until 1967 and then at Engelhard Industries Limited. cast and minted. Rothschild dominated the international gold market for many years. Until 2004, the Rothschild Bank was part of the community of traders that determined the gold fixing twice a day in London. The gold bars look very rustic and are already considered historic gold bars. The Rothschild bars were cast and minted by the RMR in sizes including 1oz, 50g, 5 Tolar, 100g, 10 Tolar and 1kg.
The pictures show examples of the bars offered and the gold bars were already in circulation.
Such historical bars are never new, so they are not in mint condition. Signs of use are present and are what give these bars their special charm.
Historical background of the Rothschild Bank in gold trading
The Rothschild Bank was founded in 1811 by Nathan Mayer Rothschild (= NMR). In 1836, the bank was renamed NM Rothschild & Sons. Since 1850, the bank has been one of the largest precious metals dealers of the Bank of England. After playing a decisive role in the daily gold fixing until 2004, the Rothschild Bank has since withdrawn from the crosshairs of the gold market. This meant that the already very rare Rothschild gold bars have become even more popular among investors and bar collectors and are now more sought after than ever.
Denominations of Rothschild gold bars
The minted denominations are 1 kg , 100 g, 50 g, 10 g and 5 or 10 tola of fine gold. Most gold bar units are traded with increased price premiums of 15 to 35 percent of the material value due to their high collector value. Individual units such as the kilo, the 100g and the 50g or even the 10-gram bar are sometimes traded at a multiple of the actual material value due to their rarity. The finenesses have varied over the years between 999.9, 999.5 and 999.0. Here, the bars with a lower fineness differ in that they have higher premiums than the fine gold bars.
Unknown edition of gold bars from the Rothschild Bank
The number of pieces produced remains a secret of the Rothschild family and the Rothschild Bank to this day. Some bars were minted and stamped without the fine weight information and other Rothschild bars have the position of the stamp at the bottom/top/left/right of the bar. The visual differences make the Rothschild bars much more popular among collectors than current bars with standardized DIN standards. The fact that some bars were produced during the last two world wars also arouses the imagination and charm of many investors. In particular, the long history of the Rothschild Bank and its legendary role in the global financial market make the gold bars very popular collectors' items.
