1/2 Troy oz .999 Fine Rhodium Bar
|Mint Facility:||Baird & Company|
|Quality / Type:||Bullion, Uncirculated|
|Metal Weight:||1/2 troy ounce|
Bright Bullion proudly offers a 1/2 ounce Rhodium bar These bars are .999 pure rhodium – the precious metal with perhaps the most explosive potential for price appreciation. Rhodium prices peaked at nearly $25,000/ounce in 2021 and many expect the market may return to those levels next time there is a shortage of this extraordinarily rare and indispensible metal.
Like platinum and palladium, the primary application for rhodium is catalytic converters for cars and trucks. It is alloyed with platinum and palladium to enhance resistance to corrosion and aggressive chemicals. Jewelers and silver smiths also use rhodium in thin layers to prevent tarnish to the underlying metal.
Rhodium in bar form is nearly impossible to find, but far superior to the more commonly available sponge form. Sponge will often need to be melted and assayed when re-sold. But Baird & Company bars in their original tamper proof package are trusted by dealers everywhere. Baird manufactures bars to the highest quality standards and has been building their reputation since 1967.
These Rhodium bars are a great upgrade from the typical go to like 1 oz silver bars most buyers invest in.
Baird Rhodium Bar
Baird & Co, founded by Tony Baird in London in 1967, is one of the largest precious metals refiners in the UK. In 2012 Baird released the first rhodium investment bar and is the leading name in investment graded rhodium products today.
PAMP Suisse Rhodium Bar
Pamp Suisse, the world leader when it comes to private mints and refiners, launched a rhodium bar for the first time in 2017. The bar is made of 1/2 ounce of .999 pure rhodium, is stamped with its weight and purity on the reverse and features the beautiful Lady of Fortuna design on the front of the bar. Each bar come serialized and in tamper evident packaging from Pamp.
GOLD STACK MINE Rhodium Bar
Gold Stack Mine, the leader in Africa when it comes to private mints and refiners, launched a rhodium bar for the first time in 2017. The bar is made of 1/2 ounce of .999 pure rhodium, is stamped with its weight and purity on the
Rhodium is 100x rarer than gold based on mining output
Majority of this rhodium comes from South Africa, GOLD STACK MINE in Cameroon, Baird and CO and some from Russia
In the stock market, rhodium is traded on the physical market and currently there are no futures market for rhodium
Most of the rhodium mined goes into the automotive industry for catalytic converters to clean the NOx emissions from tailpipes
Rhodium is extremely rare and expensive so it is only used as an alloy with other PGMs(Platinum Group Metals)
Rhodium is found only as a by product of mining other metals (there are no mines that look for rhodium)
Rhodium and other precious metals can only be formed from the death of a neutron star