Credit Suisse Gold Bars

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Credit Suisse Gold Bar
Credit Suisse Gold Bar
1 oz Credit Suisse gold bar in plastic mounting.

Credit Suisse gold bars are one of the most trusted and popular brands of gold bullion bar in the world - no doubt because of the prestige associated with Credit Suisse, the famous Swiss bank. As can be seen in the image, Credit Suisse gold bars are guaranteed to be manufactured at 999.9 purity (24 karat). Credit Suisse has both minted and cast bars in its range.

Credit Suisse was formed on July 5th, 1856 by Alfred Escher, Managing Director of the Northeastern Railway Company. The company was known at that time as Schweizerische Kreditanstalt and became a prominent Swiss bank. It has now evolved to being a leading provider of modern financial services.

Switzerland also has a world-leading reputation in the field of precision manufacturing and this is also perhaps associated with the bars - although they are not, strictly speaking, made by Credit Suisse themselves. The brand name printed on the gold bar denotes its issuer, which is not necessarily the same as its manufacturer. Credit Suisse gold bars are manufactured by Valcambi SA - another Swiss company with its headquarters in Balerna in SE Switzerland.

Valcambi makes gold bars for several other entities and is accredited by the London Bullion Market Association, the Tokyo Commodity Exchange, Dubai Multi Commodities Centre and CME Group. Credit Suisse bought a majority stake in Valcambi in 1967 and made it a subsidiary, however Valcambi is now a subsidiary of European Gold Refineries Holding SA. Valcambi still manufactures the Credit Suisse gold bars however.

As might be expected for a European bank, Credit Suisse gold bars have been made predominantly in the common metric weight sizes, however they have also been made in troy ounce and tola sizes. Here is a list of some sizes of Credit Suisse gold bar: 1000 grams, 500 grams, 250 grams, 100 grams, 50 grams, 20 grams, 10 grams, 5 grams, 2.5 grams, 2 grams, 1 gram, 10 tolas (3.75 ounces), 10 troy ounces, 1 troy ounce, 0.5 troy ounce.

A few sizes: the Credit Suisse 10 oz minted bar measures 59.4 x 34.4 x 8.8 mm.
The 1 oz bar measures 41 x 24 x 1.9 mm.
The 500 gram measures 90.5 x 40.5 x 8.2 mm.
The 20 gram bar measures 31.2 x 18.2 x 2.1 mm.

Credit Suisse also issued a 1 tael gold "biscuit shaped" bar in 1988. The tael is a unit of gold used in som Eastern countries, equivalent to 37.5 grams.

(Info sources: -
https://www.credit-suisse.com/who_we_are/en/history_overview.jsp
http://www.goldbarsworldwide.com/PDF/BG_7_SmallTroyOzBars.pdf
http://www.goldbarsworldwide.com/PDF/BG_6_mintedbars.pdf
http://www.goldbarsworldwide.com/PDF/RB_10_ValcambiGoldBars.pdf)
http://www.goldbarsworldwide.com/PDF/BG_10_Categories.pdf

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