UBS was originally founded in 1862 and at the time was known as the Bank in Winterthur, it was amongst the first private Swiss banks. In 1912 it merged with Toggenburger Bank and renamed to UBS (Union Bank of Switzerland). UBS worked closely with Metaux Precieux SA Metalor from the 1930s-1980, which allowed UBS to step into the bullion industry, which was later sold to an investment group. Metaux Precieux SA Metalor was then rebranded to SBC SA and the partnership continued with bullion production. Most of the UBS bars are now manufactured by another Swiss refiner, Argor-Heraeus AG. The bar is minted (sealed) with it’s certificate of authenticity, purity, weight and unique serial number. The Kinebars have a unique holographic engraving, that produces a multi-colour holographic pattern when the bar is moved in the light, this is known as Kinegram. The sole purpose of the Kinebar is to work as a security measure against counterfeits and to assure that the bar was manufactured on behalf of UBS.
These bars are preowned. All of our gold bars are verified for authenticity by our experienced team. Any bars that fall short of our quality standards are not re-sold. As members of the BNTA we ensure that our reputation as a reputable dealer of gold and silver coins and bars is upheld, whether a purchase is for our “best price” or brand new bars. We would only purchase back the bar if we have sold them ourselves or the original proof of purchase can be provided. If the bars have been removed from their plastic seals these would not be sold on and a lower price is paid. It’s best to always keep the bars in the same condition as purchased to ensure that we would pay our usual price.
Our range of 1oz bars, new and preowned, can be found here.