What exactly is Gold and Silver Bullion?

7/12/2018

More than likely we have all seen stacks of Gold or Silver Bars in movies and cartoons throughout our lives. You might even recall "Scrooge McDuck" from a beloved American Cartoon swimming in his vault of Gold Bullion. The other most recalled perception of bullion is the large gold 'bricks' that many imagine are stored in Fort Knox. Bullion is pronounced “BULL-yən”, and properly refers to Precious Metals valued by weight in "bulk form." In popular culture portrayed by Hollywood, we envision Gold and Silver bullion in "bar or ingot" form, In reality Bullion can be in the form of bars, coins, ingots or rounds.

The word 'bullion' can be simplified to much simpler definition: a refined and stamped weight of precious metal.

At Texas Gold and Silver Buyers of San Antonio, we are Gold, Silver, and Platinum Bullion experts. We are devoted to being your Fast, Friendly, Honest, Safe and Trusted Gold / Silver Exchange. With all the fake Bullion floating around these days, most Gold and Silver Buyers will want to destructively test your bullion before making an offer, NOT US! We exclusively use the Sigma Metalytics Precious Metal Verifier to verify Bullion. It is fast, non destructive and EXTREMELY accurate! It can even read through plastic if your bullion is sealed. We have many customers tell us that other buyers even said they had to cut their bar or round in half before they would buy. In our opinion that is highly unprofessional and if they are buying destroyed bullion, then that means they are refining it. And if they are refining it, you can be guaranteed that you are not being paid TOP DOLLAR, as refining fees are involved.

We offer hassle-free, NO PRESSURE quotes each and every day. We welcome anyone looking to liquidate their Gold or Silver Bullion to give us a call or come by today! In addition to buying Gold, Silver, and Platinum Bullion we also purchase ANYTHING that is Gold, Silver, Platinum or Palladium. This includes but is not limited to: Jewelry (broken or not), Scrap, Coins, Dental Gold, and Sterling Silver.

We are conveniently located at:

3435 Thousand Oaks, Suite 107
San Antonio, Texas 78247

210-441-2177

2 Comments

Author

Thanks for stopping by our blog. My name is Evan and I am the owner of Texas Gold and Silver Buyers in San Antonio. From time to time I will post blog entries to help educate and inform our customers and potential future customers on all aspects of Precious Metals (Gold, Silver, Platinum & Palladium!)

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8/26/2018 04:36:37 pm

I am glad these are clearly explained here. I can't imagine I am already thirty five and I still have no idea what are these. I am not sure if it's some form of currency or just a symbol. I don't understand how people use them. Why would anything which is used for jewelry cause that much? Even diamonds are overpriced I heard. I will be happy just looking at them. If ever I accidentally discover some archaelogical treasure, maybe I will know what to do with it. I will leave them alone.

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10/28/2019 06:01:49 am

There are lots of latest gold jewellery that are not available at reasonable rates. So the best option is to stick with a pawnbrokers who buy or sell gold items at a genuine rate.