100 Gram Rand Refinery Gold Bar
Out of Stock
Gold Bar Rand Refinery Elephant - 1 oz
Out of Stock
Established in Germiston, South Africa by the Chamber of Mines on 27 November 1920.
Roughly one-third of all gold ever mined on Earth has passed through Rand Refinery.
Every bar tested by independent LBMA-appointed assayers — not self-certified.
The highest tier within the LBMA Good Delivery system. Only seven refineries worldwide hold this status.
| Specification | Detail |
|---|---|
| Purity | .9999 Fine Gold (99.99%) |
| LBMA Accreditation | Good Delivery — Referee Status (1 of 7 globally) |
| Serial Number | Yes — every bar individually numbered |
| IRA Eligible | Yes — exceeds IRS .995 minimum under IRC §408(m)(3) |
| Origin | Germiston, South Africa — founded 1920 |
| Packaging | Tamper-evident assay card with certificate |
| Available Weights | 1g, 5g, 10g, 20g, 50g, 100g, 1 oz, 1 kg |
| Refinery Heritage | Producer of the original Krugerrand (1967); linked to South African Mint |
Rand Refinery produces bars across a full weight range. The right size depends on your budget, storage preference, and whether you're stacking for investment or buying as a gift.
| Weight | Best For | Notes |
|---|---|---|
| 1 gram | First-time buyers, gifts | Lowest entry cost; higher per-gram premium |
| 5 grams | Gradual stackers | Good balance of affordability and per-gram cost |
| 10 grams | Regular investors | Popular mid-range size; strong secondary market liquidity |
| 20 / 50 grams | Experienced stackers | Lower premium per gram; less commonly stocked |
| 100 grams | Serious investors | Near-spot premium; excellent for larger positions |
| 1 oz (31.1g) | Most investors — highest liquidity | Most widely traded size globally; BOLD currently stocks the Elephant Black Assay |
| 1 kilogram | Institutional buyers, large portfolios | Lowest per-gram premium; available by request |
Dealer Insight — Ryan Cochran
For pure investment, the 1 oz bar is the move — it carries the tightest spread between buy and sell, and every major dealer will quote you a price on a 1 oz Rand Refinery without hesitation. If you're building a position over time, the 10g and 100g bars let you dollar-cost average without the higher per-gram premium on smaller fractional sizes. Use the Notify Me button on out-of-stock weights — we restock Rand Refinery regularly and inventory moves fast when it lands.
BOLD Pricing Guarantee
We check prices at APMEX, JM Bullion, Hero Bullion, and Monument Metals every day. Find a lower published price on an identical Rand Refinery bar and we match it — no calls required, just show us the listing.
Free, Fully Insured Shipping
All domestic orders over $199 ship free and arrive fully insured. Your bar is covered from our vault to your door — no extra cost, no opt-in required.
BBB A+ Accredited
BOLD holds a BBB A+ rating. You can verify this directly at BBB.org before you buy.
4.3 Stars — 873 Verified Reviews
873 verified Trustpilot reviews with a 4.3-star average. The feedback consistently covers fast delivery and professional packaging — the two things that matter most when buying physical gold.
Active Buy-Back Program
We only stock products we'd buy back — and Rand Refinery bars are a clear example of why. Their LBMA status means we don't need additional authentication before making an offer. Visit our Sell To Us page for a live quote.
IRA Integration
Full support for Rand Refinery bar IRA purchases, transfers, and rollover coordination with IRS-approved custodians. See our IRA page for current options and fees.
All four competing refineries available at BOLD carry identical purity and LBMA accreditation. The differences come down to heritage, design preference, and what you're optimising for.
| Refinery | LBMA Status | Purity | Serial No. | Heritage |
|---|---|---|---|---|
| Rand Refinery | Referee (1 of 7) | 99.99% | Yes | South Africa — 1920 |
| PAMP Suisse | Good Delivery | 99.99% | Yes | Switzerland — artistic design (Lady Fortuna) |
| Valcambi | Good Delivery | 99.99% | Yes | Switzerland — minimalist; popular CombiBars |
| Argor-Heraeus | Good Delivery | 99.99% | Yes | Switzerland — known for Kinebar hologram bars |
| Asahi Refining | Good Delivery | 99.99% | Yes | Japan/USA — modern successor to Johnson Matthey |
Ryan's Verdict
For U.S. investors where domestic resale is the priority, Rand Refinery and PAMP Suisse are my default recommendations — both carry referee-level LBMA status and are universally recognised by dealers and exchanges worldwide. The design choice is personal: Rand Refinery is classic and understated; PAMP is artistic. If you're buying for a self-directed IRA, any of these five refineries qualifies — choose on price. Browse all gold bars at BOLD.
Rand Refinery gold bars are among the few gold products approved by the IRS for inclusion in a Self-Directed Precious Metals IRA. The IRS requires a minimum fineness of .995 from an LBMA-accredited refiner under IRC Section 408(m)(3). Rand Refinery meets both requirements at 99.99%.
Rand Refinery bars come in at 99.99% — comfortably above the IRS threshold.
Your specific bars are held separately from other clients' holdings at an IRS-approved depository.
Tax Advantages
Gains are tax-deferred in a Traditional IRA or potentially tax-free in a Roth IRA structure. BOLD works directly with leading IRA custodians to make rollovers from existing 401(k) or Traditional IRA accounts straightforward.
Home Safe
Practical for 1–5 bars. Use a bolted, TL-rated safe. Check your homeowner's insurance policy schedule for valuables — standard policies typically carry low limits on precious metals — and add a bullion rider if needed.
Bank Safety Deposit Box
Low cost, accessible during business hours. Important note: FDIC insurance does not cover the contents of safety deposit boxes. Separate bullion insurance is advisable here too.
Professional Bullion Vault
Services such as Delaware Depository and Brinks offer allocated, segregated storage with full insurance. Contact them directly for current fee schedules — fees vary by asset value and storage type. The right choice once you hold a significant amount of physical gold.
Yes. Rand Refinery bars meet the IRS fineness requirement of .995 under IRC Section 408(m)(3) and are produced by an LBMA-accredited refiner. BOLD works with IRS-approved custodians who hold your bars in segregated, allocated storage.
From 1 gram up to 1 kilogram. BOLD currently stocks the 1 oz Rand Refinery Elephant Gold Bar in the Black Assay card. Other sizes can be requested — use the Notify Me button and we will alert you when they come back into stock.
Investment-grade gold bars at 99.5%+ purity are generally not subject to sales tax in most US states. Capital gains tax applies when you sell at a profit — the rate depends on your holding period and income bracket. We recommend consulting a tax advisor for your specific situation.
Their LBMA Good Delivery referee status gives them global liquidity — you can sell to any major dealer or exchange worldwide without a discount for brand. Combined with 99.99% purity and over 100 years of continuous operation, they are one of the most straightforward choices for physical gold investment.
Yes. We purchase Rand Refinery bars at competitive buy-back rates based on live spot price. Their LBMA status means we do not require additional assay before making an offer. Call 1(866) 454-BOLD for a quote.
The London Bullion Market Association's Good Delivery List is the global gold market's highest standard for refinery quality and bar traceability. Only bars from accredited refineries trade freely between institutional vaults and exchanges without requiring additional testing. Rand Refinery holds the top tier — referee status — meaning they also independently verify other refineries' bars. This translates directly to resale ease for buyers.
All three carry identical 99.99% purity and LBMA Good Delivery accreditation. The practical difference is design and heritage: PAMP Suisse is known for artistic obverses (the Lady Fortuna series); Valcambi for minimalist design and CombiBars; Rand Refinery for classic styling and South African heritage. For investment purposes, buy on price — the resale liquidity is equivalent.
The price of a Rand Refinery bar is the live spot price of gold plus a dealer premium. The live price is displayed in the product grid above and updates in real time during market hours. Our BOLD Pricing Guarantee ensures our premiums are matched against APMEX, JM Bullion, Hero Bullion, and Monument Metals every day.
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