-40%
Rare Wing Fung Precious Metals Ltd, Gold 5 Tael bar.
$ 12672
- Description
- Size Guide
Description
Mega rare Wing Fung Precious Metals Ltd Gold 5 taels bar with 999.9 purity,6.03Oz, 187.3 grams individually numbered TA0748T.the bar is double hallmarked "WF" (Wing Fang) and CGSE official stamp "Golden Key".Wing Fung Precious Metals Ltd (CGSE Member No.34)Wing Fung is a diversified bullion-focused group of companies which was established more than 30 year ago in Hong Kong. It began as a precious metals bullion wholesaler but now includes bullion dealing, a gold refinery, futures dealing and online gold trading. Wing Fung trades all CGSE gold contracts and is a liquidity provider for the CGSE’s electronically traded loco London 100oz (LLG) contract, and 999.9 Tael gold (LTG) contract. The Wing Fung refinery produces CGSE accredited and ‘WF’ branded 99 Five Tael gold bars, 999.9 Five Tael bars, and 999.9 One Kilo bars. Wing Fung states that it ranks in the top 3 in the Hong Kong market for physical precious metals transaction volume.
The Chinese Gold & Silver Exchange Society (CGSE) in Hong Kong has traded gold bars denominated in taels, a traditional Chinese unit of weight, since its foundation in 1910.
The CGSE lists 8 “Accredited Refineries” that are authorized to manufacture Hong Kong 5 tael bars for the settlement of tael-denominated transactions at the CGSE.
The CGSE specifies standard dimensions:
Length Width Thickness
78 mm 20 mm 5 mm
The bars are renowned for bearing the official stamps of both the manufacturer and the CGSE (the only gold dealing exchange worldwide to do this).
The CGSE official stamp, in use since 1947, depicts a “golden key”, a symbol of wealth and good fortune.
Please refer to the pictures.