Umicore

Umicore

Belgian company Umicore specialises in various (valuable) materials, including gold and platinum. In addition, Umicore is active in numerous materials such as technical compounds of cobalt, and even materials used to generate solar energy. Umicore has operations in the Netherlands (formerly Schone Edelmetaal), Belgium and Germany and is also active outside Europe in the mining, processing and smelting of metals.

History of Umicore

Umicore's history goes back over 200 years. The forerunner of today's Umicore was founded in 1805 and operated under the name Union Miniere from 1906. This name was changed to Umicore in 2001 as the company no longer carried out mining activities. In the Netherlands, Schone Edelmetaal has been operating since 1739. When this company started, they were active as an inspector of gold and silver of the Wisselbank. In 2003, Schone Edelmetaal became part of Umicore and produces Umicore gold bars and silver bars.

In our webshop, you can buy gold and silver from Umicore. Umicore gold bars come in the following weights:

• 1 gram gold bar
• 2.5 gram gold bar
• 5 gram gold bar
• 10 gram gold bar
• 20 grams gold bar
• 1 troy ounce gold bar
• 50 grams gold bar
• 100 grams gold bar
• 250 grams gold bar
• 500 grams of gold bar
• 1 kilo gold bar

Thus, gold is available for every budget and desire. You can choose a gold bar delivered in a sealed package or the same

Umicore gold bars

Below is an overview of the Umicore gold bars we offer. The current selling price per bar is indicated, based on the current gold price, and the number of gold bars in stock. You can buy gold easily, safely and discreetly via our webshop and then come and collect it at our office or have it delivered to your home, fully insured.

For each format, there are two varieties of Umicore bars that we offer: the regular gold bars in sealed packaging and a new variant introduced in 2017 where the gold bars are packaged in a cardboard packaging with an instant certificate of authenticity as well. This is relevant for the gold bars from 1 gram to 100 grams because previously, regular gold bars did not come with a certificate.

The price difference between the two variants is limited, as the production costs are almost identical and it concerns exactly the same type of gold bar only in a different packaging - usually the variant with certificate costs EUR 1,- more than the regular gold bar. The prices in our webshop are automatically adjusted to the most current gold rate every three minutes.

Umicore silver bars

Umicore also supplies silver bars. Unlike gold, however, silver is subject to 21% VAT. In principle, silver is seen as an industrial good and silver bars as a semi-finished product. If you buy silver as an individual, you are considerably better off buying silver coins. If you buy silver bars as a business customer, i.e. on behalf of a company, you can reclaim the VAT. The larger the silver bar chosen, the lower the premium compared to the silver price. This is because producing large silver bars requires comparatively less work than producing several smaller silver bars. Within Europe, formats from 1 kilogram are most common.