Read Now: Republic Metals Files For Bankruptcy
Shop Top Selling Republic Metals Corporation Bullion
Headquartered in Miami, Florida, Republic Metals Corporation was a renowned private American mint; making some of the most sought after silver bullion and gold bullion. It was established in 1980 by Richard Rubin, and has grown to become one of the largest precious metals refineries in the world. The immense popularity of precious metals bars, coins, and rounds, led to the creation of many private mints like the Republic Metals Corporation in the United States.
Interestingly, the Republic Metals Corporation was the first US refinery to receive the prestigious ISO-14001 certification.
Prior to its recent bankruptcy, Republic Metals was known for using a proprietary green technology that gives higher metal returns and faster settlement times. In fact, it was the first gold refiner in the United States to receive a Green Refining Technology certification. Moreover, the company also received the ISO-14001:2015 certification in 2015 for propagating and applying environmentally responsible practices.
About the Republic Metals Corporation Refinery
RMC’s 150,000+ square foot refinery has a massive refining capacity of 7,000 tons of gold and silver. Although the Republic Metals Corporation did strike precious metal rounds, their catalog mostly comprised of cast and mint precious metals bars or ingots.
Their industry-leading technology was known for its efficiency, resulting in pristine gold and silver products that remain admired by all the players in the precious metals market. Nonetheless, RMC was committed to making their process even more efficient and environmentally friendly.
Republic Metals Corporation sourced its raw material from recyclable materials and products such as Impure Bars/Ingots, Jewelry Scrap, Alluvial Gold/ Gold Dust, Coins/Bars/Ingots, Gold Filled/Gold Leaf, and Manufacturing Scrap/By-Products.
Republic Metals Corporation Facilities
The behemoth that was Republic Metals Corporation started out as a single facility in Florida with a mere $2,500 investment. Today, the main facility still stands idle through the bankruptcy process in Miami, Florida with additional facilities in New York City and Los Angeles.
RMC Cast and Mint Precious Metals Bars
Cast and Mint Precious Metals Bars from the Republic Metals Corporation were their most popular products.
Casted Precious Metals Bars
These gold and silver bars typically have a more rustic look – with rough edges and a lower sheen. Some collectors and investors prefer cast bars due to lower premiums over the spot prices of gold and silver, as well as their old, but regal appearance.
Cast bars are produced by pouring molten precious metals into casts that give them the desired shape, albeit with some natural imperfections. However, the uneven surfaces and rough edges are a characteristic of these bars; many collectors and investors appreciate this rustic look.
Minted Precious Metals Bars
Minting a gold or silver bar ensures clean, sleek cuts and an unmatched sheen. The downside, however, is the increased cost of manufacturing due to the use of modern machinery. Hence, minted precious metals bars command a higher premium over the spot prices of the metals.
The sheen of a minted bar is unique and is appreciated by collectors and investors who are willing to shell out a tad more for an appearance they prefer. The minted bar’s gleam is hard to miss and does enhance a precious metals collection significantly.
Contrary to popular belief, the condition/appearance of a precious metals bar does not affect the value of the metal in any way. Hence, both cast and mint bars will be valued at their silver or gold value at the time of selling – the wildly different appearances notwithstanding.
Popular RMC Products
Mint Gold and Silver Bars
RMC 10 oz Soaring Eagle Silver Bar
The Bald Eagle is one of the most recognizable American symbols – enjoying the position of being the United States National Bird and Animal. Republic Metals Corporation launched a mint silver bar in this majestic aerial predator’s honor.
Every bar was struck using 10 troy ounces of 0.999 pure silver. The design on the obverses showcases an American Bald Eagle soaring above a beautiful landscape, its eyes peeled for prey. A checkerboard design with the RMC logo and the weight and purity of silver graces the reverse sides of these bars.
RMC 10 oz Silver Bar
Unlike the Eagle Silver Bar, these RMC 10 oz Silver Bars bear a neat portrayal of the Republic Metals Corporation logo on their obverses, followed by the weight and purity of silver present in the bar. The reverses display a repeating pattern – consisting of the RMC logo, which forms an elegant design.
Every one of these silver bars was struck using 10 troy ounces of 0.999 silver. They were minted bars as well and extremely popular among those looking to expand their investment portfolios.
RMC 1 oz Gold Bar
Bearing the familiar RMC logo, this 1 oz Gold bar from the Republic Metals Corporation remains a perfect addition to an investment portfolio as well as a gold collection. Each of these bars was struck from 99.99% pure gold weighing 1 troy ounce, and is of the minted machine bar struck variety.
The RMC logo on the obverses is followed by the weight and purity of the gold in the bar. Furthermore, an assayer’s mark is imprinted below the purity. A unique serial number at the end allows easy authentication of the gold bar – preventing fraud and counterfeit products.
Cast Silver Bars
RMC 5 oz Cast Silver Bar
Highlighting the rustic quality that is exclusive to precious metals bars produced by casting the metal, this RMC 5 oz Silver Bar remains an excellent option for those looking to expand their investment portfolios. In fact, it is eligible for use in various Precious Metals IRAs, making them a reliable asset to contribute towards your retirement.
Each bar contains 5 troy ounces of 0.999 pure silver, which is imprinted on the obverse side of the bar. The familiar RMC logo is stamped above the purity and weight on the obverse, right at the top of the bar.
RMC 10 oz Cast Silver Bar
Catering to customers who want to make a more sizeable investment in silver, this 10 oz Cast Silver Bar offering from Republic Metals Corporation remains an attractive product. This silver bar features lower premiums over the spot price of silver due to its relatively hefty weight and comparatively inexpensive manufacturing method.
The designs on the bar are pretty similar to the 5 oz cast Silver Bar. However, the size and weight of the bar are clearly different. The RMC logo is stamped on the top, followed by the weight and purity of the silver used to produce the bar. Each of these silver bars contains 10 troy ounces of 0.999 pure silver.
If you want to purchase Republic Metals Corporation gold and silver, then you'll probably want to keep an eye on gold and silver spot prices. We make that easy for your here: Price of Gold, Price of Silver, Price of Platinum, Price of Palladium.
You can also learn more about 21st Century Bullion Buying and Selling best practices.
As well as more information on Silver Price History and Gold Price History too.
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