Credit Suisse Gold Bars
Credit Suisse Gold Bullion
As far as investing in gold bullion is concerned, investors are aware that they have countless brands of bars at their disposal. One of the most widely known company names in the industry goes by the name of Credit Suisse. It has had a business presence since the mid-1800s and continues to gain popularity even today.
Switzerland has a storied history as far as gold and silver bullion are concerned, so it is no surprise that the Credit Suisse brand is one of the go-to choices for investors. The purpose of this page is to give you a little bit of insight into Credit Suisse, the gold bars it produces, and any other pertinent information that a prospective investor might want to know. Even though it might be hard to imagine that investors have brand loyalty when it comes to gold bars, seeing as many of them look and feel similar, brand loyalty is a big thing with gold bar investments.
Company History
Credit Suisse, which has over 150 years of history, was first formed by Alfred Escher in 1856. When the company was first put together, it operated more as a financial institution than it did a precious metals refinery. Credit Suisse originally served the purpose of being the primary fundraiser for the construction of Swiss railroads. Not only that, but Credit Suisse is directly responsible for much of the industrialization of Switzerland in the late 19th and early 20th centuries.
With a track record spanning close to 200 years, it is easy to understand why Credit Suisse is one of the top-rated names in regards to gold bars. Though perhaps more telling is the fact that once the company went public, its stocks increased in value more 70x the original value in only three days. Even though we are here to talk about Credit Suisse’s offering of gold bars, it must be mentioned that the company’s real dominant presence lies in the field of investment banking.
Credit Suisse has a strong world presence being that they are the most-trusted banking institution in all of Singapore, which is a long way from Switzerland.
Sizes of Gold Bars
There is no way Credit Suisse would be the giant corporation it is if it only offered one or two different sizes of gold bars. Recognizing this as a fact, Credit Suisse does its best to offer gold bars in sizes that are able to suit the needs of any type of investment or investor. Whether you want to dip your toes in the bullion investment field, or are simply looking to diversify a pre-existing portfolio, Credit Suisse gold bars are popular option.
Some of Credit Suisse’s smaller gold bars are 1, 2, 5, 10, and 20 grams in weight. The most popular Credit Suisse bar, however, is by far the 1 ounce and 10 ounce variety. As you can see, a large majority of Credit Suisse’s product offering falls within a range of relatively small weights. With that being said, 500 gram and even 1 kilogram (32.15 ounces) gold bars are also produced by this Swiss company.
Assay and Protection
When it comes to gold bars, especially those that fall within 1 to 20 grams, the actual size of the bar is quite small. This, coupled with the fact that gold is one of the softest metals around, means that protecting your gold bar is of the highest importance. Credit Suisse, along with many other gold bar-producing companies, recognizes this and has a useful way of protecting some of their smaller bars. These bars are accompanied by what is called assay, and though assay is not inherently protection for the bar, the assay comes in the form of a plastic protective case. Assay, in case you are not familiar, is nothing more than a certification which lets you know that the bar you have is authentic.
For smaller bars, having an assay card which also doubles as a protective case is beneficial, but larger bars do not always come with such luxuries. When it comes to the larger 1 kilogram gold bars produced by Credit Suisse, the certification comes in the form of either a separate assay card or a serial number which is imprinted on the bar itself. This serial number is verifiable with the mint.