You get a solid gold bar with a solid reputation when you buy a Johnson Matthey Gold Bar. And a gold refiner's reputation is a key consideration when buying gold bullion products.
A listing with the London Bullion Market Association (LBMA) is the credential gold refining companies seek above all others. Johnson Matthey refineries around the world are on that prestigious list.
Another coveted accreditation is COMEX … a gold and silver futures exchange located in the USA. A gold refinery must be on the COMEX approved list before its products are permitted in a precious metal IRA.
In addition to their good standings with the LBMA, Johnson Matthey refineries located in various countries have the COMEX accreditation.
Precious Metal IRA
If you are considering a particular Johnson Matthey Gold Bar for your retirement account, you should first check with your IRA trustee to verify that it qualifies.
Not every Johnson Matthey refinery is listed with COMEX. For example their formerly-owned Hong Kong factory is not on that list.
Both minted and cast gold bullion bars are available in the marketplace. However, Johnson Matthey no longer mints gold bars ... it only casts gold ingots.
Minted bars are cut from solid sheets of gold. Cast bars (ingots) are formed when liquid gold is poured into molds.
It’s not practical to mint large gold bars. So a casting method is employed to produce the larger gold bullion bars.
Johnson Matthey gold ingots are/were produced at various refineries located in the following countries:
Only those refineries owned by Johnson Matthey Limited (Brampton Canada) and Johnson Matthey, Inc. (Salt Lake City USA) currently produce cast gold bullion bars.
The word “Canada” is included in the assay marks stamped on Canadian gold bars. Initials “SLC” for Salt Lake City, Utah USA are stamped on bars made at Johnson Matthey’s Utah refinery.
Pre-owned Johnson Matthey gold bullion bars, produced by its former factories, are available. It's wise to buy gold bars only from credible gold bullion dealers ... especially pre-owned ones (see assay section below).
Refinery I.D. Marks
The following table lists the various refinery identification marks (stamps) and their refineries' standings with LBMA and COMEX. Words in italics are stamped on the gold bars.
|Country||Refinery Brand Mark||LBMA||COMEX|
|Australia||AGR MATTHEY with three stacked bars inside oval||X|
|Australia||MATTHEY GARRETT PTY. SYDNEY REFINERS inside oval||X||X|
|Australia||JOHNSON MATTHEY LIMITED AUSTRALIA||X||X|
|Australia||JOHNSON MATTHEY MELBOURNE inside oval, JOHHSON MATTHEY ASSAY OFFICE inside oval, crossed hammer & pick||X|
|Belgium||JOHNSON MATTHEY BRUSSEL, JM inside square||X|
|Belgium||JOHNSON MATTHEY & PAUWELS and |
BRUXELLES - BRUSSEL inside oval
|Canada||JOHNSON MATTHEY & MALLORY CANADA inside oval||X||X|
|Canada||JM w/crossed hammer & pick inside diamond outline||X||X|
|Canada||JOHNSON MATTHEY - JM w/crossed hammer & pick, J.M. LTD. CANADA ASSAY OFFICE||X|
|Hong Kong||JOHNSON MATTHEY HONG KONG inside oval||X|
|United Kingdom||JOHNSON MATTHEY LONDON inside oval||X||X|
|United Kingdom||JOHNSON MATTHEY & CO., LTD. w/Royal Mint Coat of Arms||X|
|USA||JOHNSON MATTHEY JM crossed hammer & pick inside diamond, J.M.R.I. U.S.A. ASSAY OFFICE and SLC inside oval||X||X|
|USA||JOHNSON MATTHEY SLC inside oval||X|
|USA||MATTHEY BISHOP U.S.A. inside oval||X|
The above table includes only refinery brand marks dated 1955 and later for United Kingdom refineries.
Minted Gold Bar Sizes
Johnson Matthey minted gold bullion bars were produced in Canada. I mention this because that information was not stamped on them.
Their minted gold bars were issued in fifteen different sizes. All of them are four-nines-fine (99.99%) gold bullion.
Gold Ingot Gold Weights
The table below includes current and former gold ingots produced by Johnson Matthey refineries. Gold purities of all the bars listed will range from 99.5% to 99.99% fine gold bullion.
|Gold Bar Weight||Current||Former|
|1,000 grams (1 kilo)||X||X|
Save Money With Gold Bullion Bars
Buying gold bullion bars can lower your gold cost. For example, I checked the unit prices1 today (April 5, 2012) of a one ounce American Gold Eagle ($1,730) and a one kilo (approx. 32 ounces) Johnson Matthey Gold Bar.
Buy A 1 Kilo Johnson Matthey Gold Bar Online Today
The subtotal price to buy 32 one ounce American Gold Eagles is $55,360. And the unit price of a one kilo gold bar is $53,504. That’s a difference of $1,856 or a savings of 3.4%.
You can also calculate the cost per gold ounce by simply dividing the subtotal price by the number of ounces (see the results below).
|1 oz. Gold Eagle||32||$1,730||32||$55,360||$1,730|
|1 kilo JM Gold Bar||1||$53,504||32||$53,504||$1,672|
1NOTE: Snapshot prices were based on the floating spot gold price, so
expect a different price if you buy a kilo gold bar.
Since there are Johnson Matthey gold bullion bars in the pre-owned marketplace, you should expect that some will not include assay certificates.
Simply put, assay certification means sample bars from a particular refiner were tested and met advertised gold fineness and weight specifications.
The most important proof of assay certification is the unique assay mark stamped on each Johnson Matthey Gold Bar. It’s also true that a paper certificate is much easier to counterfeit than a gold bullion bar.
Nevertheless some gold bullion buyers may expect a discount if the assayer’s certificate is not included. I make this point so you know that a gold bar without a certificate may impact your selling price in the future.
Also, a serial number is stamped on each Johnson Matthey Gold Bar. That same number is included on its assay certificate.
One of the most effective ways to reduce the risks of buying
a fake gold bar is to purchase gold products solely from reputable gold bullion dealers.
Two Centuries of Excellence
When you buy a Johnson Matthey Gold Bar you are getting a gold bullion product from a company with a 200-year track record of excellence.
Please select a link in my navigation bar (upper left) or one of the links listed below to learn more about gold bullion and silver bullion.Return from Johnson Matthey Gold Bar to Gold Bullion Bars
Copyright© 2011 - 2013 GoldBullion-SilverBullion.com. All Rights Reserved.