Rand Refinery 1 oz Gold Bar (New in Assay)

An Elephant on a Century-Old Refiner’s Bar

Rand Refinery was founded in 1920 in Germiston, South Africa, and grew into the largest single-site precious metals refining complex in the world. It’s also the only African refiner on the LBMA’s Good Delivery list, and one of just seven refiners worldwide the LBMA names as a Referee, a step above ordinary accreditation. The same operation casts the blanks the South African Mint strikes into Krugerrands. Every bar holds one troy ounce of .9999 fine gold, sealed new straight from the refiner.

The Droplet Emblem and a Herd of Elephants

The face carries Rand Refinery’s droplet emblem above the refinery name, with Au and 999.9 split across a boxed panel, 1oz FINE GOLD beneath it, and an individual serial number at the base. The reverse is where this bar stands apart: a herd of African elephants marches across the full surface in relief, calves alongside adults, with LOXODONTA, the genus name for the African elephant, stamped along the bottom. A herd of elephants, not a repeating logo or a blank field.

Sealed in Black, Not a Generic Card

Rand Refinery packages this bar in its own black assay card, printed with the refinery name and logo and marked RAND SECURE along the edge, distinct from the plainer cards some other refiners use. The card lists weight and fineness and carries the same serial number stamped into the bar itself. The card is refiner-branded, not a generic third-party holder.

Backed by an LBMA Referee

Matching the serial on the bar to the serial on its card is how you confirm this exact piece is genuine. Rand Refinery’s standing as one of the LBMA’s seven Referees is what lets its bars move between dealers and vaults worldwide without a fresh test each time. At .9999 fine, the bar also clears the IRS’s minimum for a precious metals IRA. A Referee, not just accredited, the LBMA’s higher tier.

Rand Refinery 1 oz Gold Bar Specifications

Every bar holds one troy ounce of .9999 fine gold, sealed in Rand Refinery’s own black assay card with a matching serial number. One troy ounce, .9999 fine, every bar. Full current specs are on the Specifications tab above.

Rand Refinery 1 oz Gold Bar FAQ

Is the Rand Refinery 1 oz Gold Bar IRA eligible?

Yes. At .9999 fine from an LBMA Referee refiner, it clears the IRS’s requirements for a precious metals IRA. Eligibility isn’t a close call, given how far past the floor it sits.

How can I confirm this bar is genuine?

Match the serial number struck into the bar against the number printed on its sealed black assay card. Weight and dimensions should also match the published specification. The serial number matches, bar to card, on a genuine piece.

Why does this bar have elephants on it instead of a repeating logo?

Rand Refinery uses the African elephant, Loxodonta, as this bar’s signature design, a nod to the South African landscape where the refinery operates, rather than the plain repeating pattern many other cast or minted bars use. A deliberate design choice, not a random motif.

What does it mean that Rand Refinery is an LBMA “Referee”?

The LBMA names only seven refiners worldwide as Referees, a higher tier than its standard Good Delivery accreditation. Rand Refinery is the only African refiner to hold either status. Referee status is rarer, held by just seven refiners globally.

What condition does it ship in?

New, straight from the refiner with no handling in between. Condition is new, not a numeric or third-party grade.

Curious how this compares to other refiners at this size? Browse our full 1 oz Gold Bars selection.

Ready to add a piece of Rand Refinery’s century of output to your stack? Add the Rand Refinery 1 oz Gold Bar to your cart.