Monday, January 7, 2013

Introducing....The Combibar - Chicago Gold and Silver Investing Fan ...

Combibar6

Swiss private mint refiner Valcambi has introduced a new product called the combibar. The size of a credit card, it can be made out of pure gold or pure silver. A gold bar is 50 grams and a silver bar is 100 grams. What makes it unique is that it can be broken up to upto 50 parts. Each part is the equivalent of 1 gram for a gold combibar and 2 grams for a silver bar.

The combibar is currently being sold in Eurpore and should be available in the United States in about a year.

For your information 50 grams of gold is the equivalent of 1.7637 ounces of gold. 100 grams of silver is the equivalent to 3.527 ounces of silver. At today's spot prices a gold combibar we be about $3,000, where as a silver combibar would cost about $120.

Source: http://neilski.typepad.com/chicago_gold_and_silver_i/2013/01/introducingthe-combibar.html

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