23 June 2009
London: 23 June 2009 - Customers of GoldMoney, the leading provider of digital gold currency payments and one of the world's foremost dealers in gold and silver bullion to retail investors, can now redeem and take physical delivery of their gold in convenient units of 100 gram or one kilo (1,000 gram) gold bars. Through partnership with Baird & Co, one of the leading bullion merchants and refiners in the UK, conversion of
goldgrams into physical gold bars for insured mailing or collection may be completed at any time.
"GoldMoney has always made it possible for customers to convert their goldgrams into 400 ounce gold bars; it is one of the foundations of the GoldMoney guarantee to its customers. Now the introduction of 100 gram and kilo bars makes it possible for a wider range of customers to take delivery of physical metal," said GoldMoney founder, James Turk.
"We are delighted to be working with GoldMoney on this exciting new venture," said Baird & Co. founder, Tony Baird.
Each bar is produced in Baird & Co.'s factory in London and contains 99.99% pure gold. To see the production process for these unique bars, please watch the video at the link below. The fabrication of the first lot of GoldMoney bars was filmed and the video has been made available on YouTube:
http://www.youtube.com/watch?v=Nn8yqzt-ZtI.
Once ordered, these bars can either be shipped to customers by insured mail or a pick up can be arranged at Baird & Co. Shipping is currently available to customers resident in the following 16 countries:
Austria
Belgium
Canada
Denmark
France
Germany
Holland
Italy
Luxembourg
Norway
Portugal
Spain
Sweden
Switzerland
United Kingdom
USA
Customers not resident in any of the above countries can still arrange to pick up bars directly at Baird & Co.'s premises in London, England.
GoldMoney customers can open an account with as little as £10 and transfer funds to specially segregated customer funds accounts prior to placing a specific order for gold or silver. Orders and payments are made through a secure online system and processed by GoldMoney's servers, which record transactions and store currency and metal balances. All customer metals are insured and held in allocated storage in specialised bullion vaults in Zurich and London, and the metals are audited annually and reported to customers.
Please see the
Gold Bar page for more information.
About GoldMoney
GoldMoney, the inventor of digital gold currency, is combining 21st century technology with the world's oldest money - gold - to make the online purchase of gold and silver safe, convenient and economical. Not only is GoldMoney the fastest growing digital gold currency, it is also the largest. Its regular audits and governance procedures have set the industry standard. These advantages have made GoldMoney a world leader in the buying and selling of gold and silver bullion. Anyone can use GoldMoney to build their savings and secure their wealth by owning pure gold and silver that is insured and stored safely and conveniently for them in a specialised bullion vaults near London, England and Zurich, Switzerland. GoldMoney services can be accessed at
GoldMoney.com.
About Baird & Co.
Baird & Co. Limited was established as a firm in 1967 dealing in numismatic gold coins of the world and moved towards volume dealing in bullion gold as government restrictions eased in the 1970s. Commercial refining of precious metals is now one of the cornerstones of the Baird & Co. operation, as the UK's largest gold refiner and leading producer of Precious Metal Investment Bars. Uniform and consistent hardness, dimensional accuracy and flawless surface are given maximum priority across all Baird & Co. production practices. In September 2000 Baird & Co. was accepted as a member of the London Bullion Market Association and as an associate member of the London Platinum and Palladium Market in April 2009. For more information, please visit
Baird & Co. Limited.
