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02/01/2023 2:15 AM     Current Market Price:     Gold:  $1,923.78/ozt   Silver:  $23.56/ozt   Platinum:  $1,028.97/ozt   Palladium:  $1,691.93/ozt  

Wednesday, April 02, 2014

Gold Bullion from Around the World

Just like the silver bullion that makes its way into KMG Gold, gold bullion is another popular item for us. Since we buy and sell gold bullion in all shapes and sizes, we have a lot of interested customers who purchase the gold bullion as a form of investment. As we mentioned in our last post about silver bullion, many investors prefer to purchase bullion in precious metal form because it protects against inflation and deflation.

Gold bullion coins and bars can be sold in many different ounces and come from various mints or mines from around the world. Gold coins vary anywhere in purity from .900 to .9999 and different mints have changed the gold content of the gold coins throughout the years. They are sold for more than their face value because of their high gold content so their face value is merely symbolic on the coins.

Here are some of the world's most popular gold bullion coins:
  • USA - Gold Eagle. Released by the United States Mint in 1986. The Mint also produces the American Buffalo and Double Eagle gold bullion coins.
  • Canada - Gold Maple Leaf. Released by the Royal Canadian Mint in 1979.
  • Australia - Gold Nugget. Released by the Perth Mint in 1986. One of the few countries which changes the coin's design every year. The Perth Mint also produces the Lunar Series I (1996-2007) and II (2008-2019) coins.
  • China - Gold Panda. Released by the People's Republic of China in 1982. One of the few countries which changes the coin's design every year.
  • United Kingdom - Gold Britannia and Sovereign. Released by the Royal Mint in 1887 and has been released off and on again through the present.
  • Mexico - Gold Libertad. Released by the Mexican Mint in 1981.
  • Austria - Gold Philharmoniker. Released by the Austrian Mint in 1989.
  • Russia - George the Victorious. Released by the Saint Petersburg Mint in 2006.

KMG Gold Gold Bullion Coins

KMG Gold often has a few of these different types of gold bullion coins (along with some bars) in stock at any given time, so just give us a call and we'll let you know what we have available for purchase!
Posted by Mike Gupton at 12:00 PM 0 Comments

Wednesday, March 19, 2014

What to Expect When You Visit KMG Gold

As you've probably heard by now, at KMG Gold we're known for our awesome customer service. We've been recognized by the BBB as an accredited business and we've even won five BBB Torch Awards for our outstanding customer service and business practices.

But if it's your first time selling your unwanted jewellery or other types of precious metals, you might not know what to expect or feel intimidated by the process. The good news is that we make it our goal to make our customers feel very comfortable and explainKMG Gold xray machine everything we do, step by step. Whether you've recycled with us a hundred times before or if it's your first time ever, we'll walk you through the entire process from the moment you step in the door.

And if you don't want to take our word for it, check out our Facebook reviews and see for yourself! The big theme we're noticing throughout the reviews is how happy our customers are that we explain everything to them, no matter how minor it seems. One of the foundations that we built this business on was customer education and it's still an important part of our mandate.

When you walk through our door, we'll ask if you've ever been here before and then invite you to place what you've brought in on a tray. Then we'll run a magnet over the metals to see if they're magnetic. Gold and silver aren't magnetic so if the magnet picks up the jewellery, it means it's just costume jewellery, which we don't purchase. After this, we'll use a jeweller's loupe to see if the metal has any markings on it, like 10K or 18K or 999. If it's silver, we'll make a notch in the metal and use acid to test if it is genuine. This does hurt the piece of metal or jewellery, but we always get your permission to make sure that it's okay before we do it!

If the item is gold or something other than silver, we might run it through our x-ray machine to get a quick and accurate analysis of the exact metal contents of the item. Putting the item in the x-ray machine doesn't do any damage to it, but we'll be sure to remind you of it just in case you're worried!

So don't be shy, come down to 620 Academy Road and we'll give you a complimentary assessment of whatever you've brought in to us. And if this is really interesting to you, you can even buy your own metal testing supplies at do what we do from inside your home!

Pictured: The KMG Gold xray machine.

Posted by Mike Gupton at 12:00 PM 0 Comments

Wednesday, March 12, 2014

Silver Bullion From Around the World

Silver bullion coins are very popular here at KMG Gold, with many people seeking them out as a form of safe investment. Many investors prefer silver (and gold) bullion to cash because they protect against inflation and deflation.

Although silver isn't typically used in currency anymore (Mexico is the only country that uses very small amounts in its coins), mints around the world produce their own silver bullion coins that investors and collectors enjoy. Oftentimes, with each new issue of the silver bullion coin in a year, the design will vary slightly but still obtain the coin's original theme.

Silver bullion coins and bars can be sold in many different ounces and come from various mints or mines from around the world. These silver coins and bars are typically 99.9% pure and labelled with ".999". They are sold for more than their face value because of their high silver content, for example, the United States 999-fine Silver Eagle bullion coin only has a face value of one dollar.

Here are some of the world's most popular silver bullion coins:
  • USA - Silver Eagle. Released by the United States Mint in November 1986 and has a face value of $1.
  • Canada - Silver Maple Leaf. Released by the Royal Canadian Mint in 1988 and has a face value of $5.
  • Australia - Silver Kookaburra. Released by the Perth Mint in 1990 and the one troy ounce coin has a face value of $1. Australia also has a Silver Kangaroo which was first minted by the Royal Australian Mint in 1993 and has a face value of $1.
  • China - Silver Panda. Released by the People's Republic of China in 1983 and comes in various sizes with various face values. The one troy ounce coin has a face value of 10 Yuan.
  • Britain - Silver Britannia. Released by the Royal Mint in 1997 and has a face value of 2 pounds.
  • Mexico - Silver Libertad. Released by the Mexican Mint in 1982. These coins do not have a face value.
  • Austria - Silver Vienna Philharmonic. Released by the Austrian Mint in 2008 and has a face value of 1.50 Euro.
  • Russia - George the Victorious. Released by the Saint Petersburg Mint in 2009 and has a face value of 3 rubles.
If you're interested in purchasing silver (or gold or sometimes even platinum!) bullion coins or bars from KMG Gold, please give us a call at 1-877-468-2220 or shop online to see what we have in store. We would be more than happy to set anything you'd like aside for pickup - even if it's not silver bullion
KMG Gold Silver Bullion
Posted by Mike Gupton at 11:30 AM 0 Comments

Wednesday, February 26, 2014

KMG Gold Now Sells Local, Hand Crafted Jewellery

If you like shiny things as much as we do, you'll be pleased to find out that KMG Gold is now selling select wholesale jewellery. Available at our Winnipeg storefront on Academy Road or online here, KMG Gold is happy to offer their customers a new product to enjoy.

Most of the items we now sell in the wholesale jewellery category are earrings, although we do offer a few different pendants. The earrings and pendants we sell are made with 14K white gold or 14K yellow gold and are set with a wide range of different gemstones. Some of the gemstones include: citrine, garnet, blue topaz, diamond and many more.

Selling this jewellery allows us to support our local Winnipeg economy, something we're really happy to be able to do. Each piece of jewellery is handcrafted and brand new, made by Roger Watson Jewellers right here in Winnipeg. Roger Watson Jewellers is a company that KMG Gold trusts and has collaborated with in the past with excellent results, so we can't recommend them enough!

We invite you to visit us online and check out the big selection of jewellery, complete with pictures and detailed information about each piece. They make for a perfect gift for someone you love, especially if that someone is yourself. You can check out the birthstone chart below for a little inspiration!

You can order online with free shipping on orders over $100, visit us at Academy Road or give us a call and we'll set it aside for you to pick up. As always, if there's something you'd like to see us offer online or in our store, leave us a comment or connect with us on Facebook to let us know!




Posted by Mike Gupton at 12:00 PM 0 Comments

Wednesday, December 25, 2013

Happy Holidays from KMG Gold!

From everyone at KMG Gold, we want to wish you a very Merry Christmas and a happy holidays! Here is a friendly reminder of our Academy Road store hours this holiday season.

December 24: 9am-4pm
December 25: CLOSED
December 26: CLOSED
December 27 & 28: Regular hours (9am-6pm)
December 29: Regular hours (10am-5pm)
December 30: Regular hours (9am-6pm)
December 31: 9am-4pm
January 1: CLOSED

Regular store hours will resume on January 2.

We'd also like to remind you that although we'll be closed on Boxing Day (December 26), you can shop online with KMG Gold at any time. Simply click here and keep in mind that we now offering free shipping over $100!

Posted by Mike Gupton at 10:00 AM 0 Comments