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250 gram Argor-Heraeus Cast Gold Bar
The process to manufacture a cast gold bar starts by heating gold material in a furnace until it turns to a molten slurry. During the heating process, all unwanted impurities in the slurry are removed until only molten gold of high purity is left, most often at around 99.99%. The refined gold is cooled and then either converted into gold granules or small gold bits. Either of these forms is weighed and adjusted according to the required weight of the desired cast gold bar and is then placed in an iron cast mold. The mold is put into a furnace which melts the small pieces of gold inside the iron cast mold. After the gold has melted, the molds are cooled and the gold solidifies inside. The result is a cast bar. These newly cast gold bars are then inspected and weighed. The bars that pass the test are cleaned and inserted into a hydraulic press that applies the needed marks on the top side of the cast gold bar.
Investors need to take into consideration that unlike minted bars which are created from uniform gold panels and have even surfaces, the surface of a cast bar is sometimes rough and uneven. This makes them a perfect choice for those who like to handle and “feel” their gold bars since the re-sale value is not affected by mild scratches or dents.
Argor-Heraeus is one of Switzerland’s and the world’s largest precious metals refineries. Argor-Heraeus is located near the Italian border, and also to the locations of two of Switzerland’s other giant precious metals refineries - Valcambi and PAMP. This refinery is jointly owned by the Austrian Mint, German industrial and precious metals group Heraeus, German commercial bank Commerzbank, and Argor-Heraeus management.
Argor-Heraeus traces its routes back to the establishment of the Argor SA refinery in 1951 in Chiasso in the Swiss Canton of Ticino. The Argor-Heraeus group employs approximately 320 people. The group’s headquarters and precious metals refinery are located in Mendrisio, Switzerland.
The Argor-Heraeus refinery in Mendrisio processes and refines gold, silver, platinum and palladium from mining sources, scrap / recyclable sources and also transforms good delivery bars into smaller bars. The refinery refines gold up to 99.99% and 99.999% purities, silver up to 99.9%, and platinum and palladium 99.95%. Argor-Heraeus’ customer base from over 50 countries, including mining companies, trading houses, bullion banks central and commercial banks, mints, jewellery and watch companies and industrial consumers.
According to its 2014 corporate responsibility report, the Argor-Heraeus refinery has an annual gold refining capacity of 350 – 400 tonnes. Like all Swiss precious metals refineries, licensed assayers (essayeurs jurés), accredited by the Swiss Central Office for Precious Metals Control, work with the Argor-Heraeus refinery to ensure that the precious metals assays of the metals output from the refinery meet the strict quality standards laid down by the Office for Precious Metals Control.
Argor-Heraeus is one of only five refinery members of the London Bullion Market Associations (LBMA) good delivery referee panel, which assists the LBMA is maintaining quality standards of refinery members worldwide. Argor-Heraeus is also a full member of the LBMA. Argor-Heraeus wholesale gold bars have been accredited as good delivery since 1961, while its silver bars have been good delivery since 1961.
Argor-Heraeus is also a member of “Association Suisse des Fabricants et Commerçants de Métaux Précieux” (ASFCMP), the Swiss Association of Precious Metals Manufacturers and Traders.
Tavex Group is official dealer of Argor-Heraeus since 2023.
Your order delivered by Fedex and is fully insured. After we have received your payment, the products will be dispatched within 24 hours. Delivery time is between 1 and 3 working days. You will receive a notification by SMS or mail when your package has arrived. If you wish, you can also personally pick up your order at one of our offices in Budapest the same day we notify you that we have received the payment. In cases where we are unable to send your order right away, we will always inform you about the time delay.
The package is fully insured and in the extremely unlikely event that the package is lost or damaged, we will re-ship the items or refund your money. The package is insured during delivery until the recipient signs for it.
Once the products have been packaged and sent, you will receive instructions and a code to track the shipment.
Tavex has the majority of products always in stock and therefore can offer you quick delivery and same day pickup with market leading prices. Tavex is an official partner for all the biggest mints in the world, such as The Perth Mint Australia, Austrian Mint (Münze Österreich), China Great Wall Coins Investments Ltd., gold bar market leader PAMP Suisse and Valcambi and other gold factories and dealers.
Feel free to visit our office during opening hours to take a free consultation or learn more about a specific product. If you purchase online you can pick-up the products at the same day we receive the payment.
Over 25 years on the market and large volumes have enabled us to offer you the best prices on the market. With Tavex you can maximise your investment’s return because of low margins and spreads.