Engelhard, based in America, is a producer of products made out of precious metals. Recently, the company was purchased by the Germany-based manufacturer of chemicals BASF. Engelhard’s history can be traced back to the 1990s; to be precise to 1902. To buy Engelhard silver bars at the best prices, you can read our review on Golden Eagle Coins. They are the online suppliers of Engelhard’s silver products at the lowest prices, specifically the 100 oz Engelhard bars in the secondary market.
In the year 1902, Charles W. Engelhard purchased the Newark, New Jersey, based Charles F. Croselmire Company. Subsequently, in the year 1903, he renamed the company as American Platinum Works. In a very short period of time, the company became one of the largest manufacturers in the world of products made out of gold, silver as well as platinum.
Charles Jr., the son of Charles, renamed the company again as Englehard Industries Inc., in the year 1958 and the shares of the company were publically traded on the New York Stock Exchange (NYSE). Over the years, after becoming a public company, Englehard acquired stakes in a number of chemical as well as mineral companies till Engelhard itself was acquired by another chemical company.
The silver bars manufactured by Engelhard gained a great deal of popularity during the 1970s as a result of the shortage in oil supply as well as periods of high levels of inflation that prevailed then. However, the company stopped the production of silver bars completely during the 1980s.
Though Engelhard maintained the company headquarters in the state of New Jersey at various locations, for the most part of the period of the company’s existence the headquarters was located in Newark. In the recent times, Engelhard’s headquarters was located in Iselin, New Jersey.
Engelhard’s Range of Products
If you happen to know anything at all about Engelhard, it is most likely to be about the silver bars that they produced. This is because Engelhard has brought out silver bars of all possible sizes, ranging from those that weighed as less as 1 ounce to those that weighed as much as 100 ounce over the past so many years. Actually, it is a waste of effort if you try to list down the sizes and types of silver bars that they have brought to the market as it is limitless. However, the most popular silver bars produced by Engelhard certainly are those that weigh 1, 10 and 100 ounce.
Apart from the fact that the company has produced bars of varying sizes, an important and unique feature of Engelhard is that they have been able to produce bars with a large number of variations as far as each size is concerned. Most of the online retailers that you will come across provide a list of a number of Engelhard silver bars as the designs and shapes of silver bars were changed each and every year. Some designs of silver bars are priced much more when compared that of others, whereas some others that are more common are sold at lower prices.
Engelhard’s Products Are Sold At A Premium
It is the trust in the company that has more than 100 years of experience in the business of precious metals trading that makes people seek Engelhard’s products. That said, it is the popularity of Engelhard as a brand and the fact the company is no longer in existence that contribute to the silver bars produced by Engelhard being sold at a premium above the spot value when compared with a large number other silver bar brands. Apart from the fact that Engelhard’s silver bars are a rare commodity, it is the quality of these bars that drives people to want more of them. The premiums on Engelhard silver bars are a little more compared to that on other brands and to understand as to why it is so you need to hold and feel the company’s bars in your hand. Further, Engelhard bars are approved by the IRA.
Typically, the premium on Engelhard silver bars, apart from the versions that are very rare, is approximately $3 over the spot price for 1 ounce bars and $1.50 over the spot price for 100 ounce bars. It is, therefore, very important that you shop around so as to find the best quotes as far as Engelhard silver bars are concerned.