Knowledge

Good Delivery

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28: 20: 230:(one for gold and one for silver) that meet certain minimum criteria (age, net worth, and production volume) and have demonstrated their ability to produce Good Delivery bars. Listed companies agree to submit to monitoring by the LBMA. Those listed companies that refuse to participate in regular monitoring are removed from the Good Delivery List and added to the Former List. 208:
Weight is not recommended to be stamped on bars of either gold or silver, because bars will be officially weighed on delivery, and this weight, which may be different from that originally marked, will prevail. A bar's weight may also change by handling or sampling, thus invalidating the original
217:
Bars that do not comply with Good Delivery rules are termed Non–Good Delivery. If they are similar to Good Delivery bars but do not fully meet the requirements, they must be stamped with "NGD" to distinguish them from conforming bars.
120:, weight, dimensions, appearance, marks, and production of gold and silver bars. It specifies procedures for weighing, packing, and delivery. It also describes policies for ensuring refiners' compliance with the specifications. 189:
Silver content: 750–1,100 troy ounces (23–34 kg) (Bars manufactured after January 1, 2008); 500–1,250 troy ounces (16–39 kg) (Bars manufactured prior to January 1, 2008); 900–1,050 troy ounces (28–33 kg)
238:
Five companies are accredited by the LBMA as Good Delivery Referees in order to supervise the Good Delivery System and monitor the companies with Good Delivery certification. The referees' main functions are:
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Good Delivery bars are notable for their large size and high purity. They are the type normally used in the major international markets (
475:"The Good Delivery Rules for Gold and Silver Bars: Specifications for Good Delivery Bars and Application Procedures for Listing (v1.1)" 460: 544: 114:
The Good Delivery Rules for Gold and Silver Bars: Specifications for Good Delivery Bars and Application Procedures for Listing
321: 474: 390: 260: 40: 549: 436: 99: 326: 331: 341: 336: 296: 227: 60: 56: 52: 8: 117: 59:. It also puts forth requirements for listing on the LBMA Good Delivery List of approved 27: 411: 454: 278: 539: 514: 499: 346: 316: 112:
The entire Good Delivery specification is contained in the LBMA document titled
266: 534: 528: 519: 391:"Good Delivery List Rules, Conditions for Listing for Good Delivery Refiners" 366: 311: 272: 149: 75: 306: 95: 91: 291: 186:
Marks: serial number, refiner's hallmark, fineness, year of manufacture
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Good Delivery silver bar weighing 31.1 kilograms (1,000 ozt)
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Good Delivery gold bar weighing 12.4 kilograms (400 ozt))
83: 116:. The document includes specific requirements regarding the 44: 246:
Proactive monitoring of refiners on the Good Delivery List
226:
The LBMA maintains two Good Delivery Lists of approved
480:. The London Bullion Market Association. January 2019 183:
Fineness: minimum of 999.0 parts per thousand silver
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Length (top): 250–350 millimetres (9.8–13.8 inches)
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Length (top): 210–290 millimetres (8.3–11.4 inches)
249:Provision of technical advice on a range of topics 43:(LBMA) describing the physical characteristics of 199:Width (top): 110–150 millimetres (4.3–5.9 inches) 159:Gold content: 350–430 troy ounces (11–13 kg) 526: 107:The Good Delivery Rules for Gold and Silver Bars 168:Width (top): 55–85 millimetres (2.2–3.3 inches) 243:Technical assessment of applicants for listing 39:specification is a set of rules issued by the 171:Height: 25–45 millimetres (0.98–1.77 inches) 202:Height: 60–100 millimetres (2.4–3.9 inches) 253:The companies accredited as referees are: 221: 233: 412:"Understanding the Marks on Silver Bars" 26: 18: 130: 527: 459:: CS1 maint: archived copy as title ( 467: 322:London Platinum and Palladium Market 212: 498:London Bullion Market Association: 13: 14: 561: 508: 41:London Bullion Market Association 156:, fineness, year of manufacture 127:was published in January 2023. 515:LBMA – Good Delivery Explained 492: 422: 404: 383: 359: 257:Argor-Heraeus SA (Switzerland) 177: 1: 545:Precious metals as investment 352: 367:"LBMA - Good Delivery Rules" 135: 7: 285: 141:Fineness: minimum of 995.0 123:The current edition of the 10: 566: 520:LBMA – Good Delivery Rules 327:Palladium as an investment 332:Platinum as an investment 275:(PTY) Ltd (South Africa) 550:International standards 342:Silver as an investment 261:Metalor Technologies SA 222:LBMA Good Delivery List 193:Recommended dimensions 162:Recommended dimensions 234:Good Delivery Referees 32: 24: 337:Refining (metallurgy) 297:Gold as an investment 57:London bullion market 30: 22: 16:Bullion specification 131:Basic specifications 125:Good Delivery Rules 281:Kogyo K.K. (Japan) 143:parts per thousand 33: 25: 213:Non–Good Delivery 55:in the wholesale 557: 502: 496: 490: 489: 487: 485: 479: 471: 465: 464: 458: 450: 448: 447: 441: 435:. Archived from 434: 426: 420: 419: 408: 402: 401: 395: 387: 381: 380: 378: 377: 363: 279:Tanaka Kikinzoku 94:of governments, 565: 564: 560: 559: 558: 556: 555: 554: 525: 524: 511: 506: 505: 497: 493: 483: 481: 477: 473: 472: 468: 452: 451: 445: 443: 439: 432: 430:"Archived copy" 428: 427: 423: 410: 409: 405: 400:. January 2023. 393: 389: 388: 384: 375: 373: 371:www.lbma.org.uk 365: 364: 360: 355: 347:Silver standard 317:Inflation hedge 288: 236: 224: 215: 180: 138: 133: 110: 17: 12: 11: 5: 563: 553: 552: 547: 542: 537: 523: 522: 517: 510: 509:External links 507: 504: 503: 491: 466: 421: 416:Vintage Silver 403: 382: 357: 356: 354: 351: 350: 349: 344: 339: 334: 329: 324: 319: 314: 309: 304: 299: 294: 287: 284: 283: 282: 276: 270: 264: 258: 251: 250: 247: 244: 235: 232: 223: 220: 214: 211: 206: 205: 204: 203: 200: 197: 191: 187: 184: 179: 176: 175: 174: 173: 172: 169: 166: 160: 157: 146: 137: 134: 132: 129: 109: 104: 15: 9: 6: 4: 3: 2: 562: 551: 548: 546: 543: 541: 538: 536: 533: 532: 530: 521: 518: 516: 513: 512: 501: 500:LBMA Referees 495: 476: 470: 462: 456: 442:on 2020-10-16 438: 431: 425: 417: 413: 407: 399: 392: 386: 372: 368: 362: 358: 348: 345: 343: 340: 338: 335: 333: 330: 328: 325: 323: 320: 318: 315: 313: 312:Gold standard 310: 308: 305: 303: 300: 298: 295: 293: 290: 289: 280: 277: 274: 273:Rand Refinery 271: 269:(Switzerland) 268: 265: 263:(Switzerland) 262: 259: 256: 255: 254: 248: 245: 242: 241: 240: 231: 229: 219: 210: 201: 198: 195: 194: 192: 188: 185: 182: 181: 170: 167: 164: 163: 161: 158: 155: 151: 150:serial number 147: 144: 140: 139: 128: 126: 121: 119: 115: 108: 103: 101: 97: 96:central banks 93: 92:gold reserves 90:) and in the 89: 85: 81: 77: 73: 69: 64: 62: 58: 54: 51:bars used in 50: 46: 42: 38: 37:Good Delivery 29: 21: 494: 484:29 September 482:. Retrieved 469: 444:. Retrieved 437:the original 424: 415: 406: 397: 385: 374:. Retrieved 370: 361: 307:Gold reserve 252: 237: 225: 216: 207: 152:, refiner's 124: 122: 113: 111: 106: 65: 36: 34: 190:recommended 178:Silver bars 529:Categories 446:2020-01-22 376:2015-11-11 353:References 228:refineries 98:, and the 61:refineries 53:settlement 145:fine gold 136:Gold bars 68:Hong Kong 455:cite web 302:Gold bar 292:DorĂ© bar 286:See also 154:hallmark 118:fineness 76:New York 267:PAMP SA 148:Marks: 540:Silver 209:mark. 88:ZĂĽrich 86:, and 80:Sydney 72:London 49:silver 478:(PDF) 440:(PDF) 433:(PDF) 394:(PDF) 84:Tokyo 535:Gold 486:2019 461:link 398:LBMA 47:and 45:gold 35:The 100:IMF 531:: 457:}} 453:{{ 414:. 396:. 369:. 102:. 82:, 78:, 74:, 70:, 63:. 488:. 463:) 449:. 418:. 379:.

Index



London Bullion Market Association
gold
silver
settlement
London bullion market
refineries
Hong Kong
London
New York
Sydney
Tokyo
ZĂĽrich
gold reserves
central banks
IMF
fineness
parts per thousand
serial number
hallmark
refineries
Metalor Technologies SA
PAMP SA
Rand Refinery
Tanaka Kikinzoku
Doré bar
Gold as an investment
Gold bar
Gold reserve

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