The “Swiss made” Valcambi 250 gram gold bar
Switzerland’s reputation for producing high quality luxurious products is not limited to the watch industry but applies equally to investment gold. Switzerland is to gold what France is to wine, a statement supported by hard facts which show that most of the world’s gold is refined in this prosperous alpine country. Information from the London Good Delivery List shows that six refineries hold 90% of the gold market and four of those, including Valcambi, are based in Switzerland. On average, Switzerland refines between 65-75% of the world’s annual supply of gold, making it the number one country in the world when it comes to refining gold and manufacturing bullion bars. The reason why Switzerland commands this position is because of the country’s high level of security, efficient logistics, a strong financial system that accommodates some of the world’s leading international banks, and, most importantly, stringent laws that set high standards regarding the quality and purity of finished bullion products. For example, every Valcambi gold bar contains an assayer’s stamp, seen on the obverse as “ESSAYEUR FONDEUR”, which guarantees the purity of the bar. To be able to put this marking on its bars, Valcambi needs to comply with strict Swiss federal laws (Precious Metals Control Act) and employ an affirmed assayer who has acquired the needed federal assayer’s licences. Affirmed assayers must keep proper account of the determination of fineness that they perform and at any given time must make their books available to the authorities for inspection. In other words, every Valcambi gold bar has its purity accredited by government and industry bodies, its quality complies with the highest industry standards and is perfected by the best Swiss engineers, resulting in a product with golden integrity that surpasses all standards of excellence. After all, it is Swiss made.