What is PAMP Suisse?
PAMP Suisse is one of the largest and most famous precious metal refineries. Over the years, PAMP has achieved a market-leading position through its continual development and innovations. Their innovations, not only in product design but security, have resulted in PAMP Suisse becoming one of the most recognisable and trusted precious metal brands.
As a refiner of precious metals, PAMP produces gold, silver, platinum and palladium bullion bars. These bars come in two varieties: cast and minted. Cast bars are, as the name suggests, cast into the shape and weight of a bar, then imprinted with a stamp. However, cast bars have no other decoration. Whereas minted bars are shaped, imprinted with intricate designs and are much more visually appealing.
In addition to producing bullion bars for individual investors, PAMP Suisse also supplies blank bullion coins for some of the national mints around the world, which they then use to imprint their own unique coin designs.
How Can I Be Sure PAMP is Good Quality?
PAMP is accredited by the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM). In fact, PAMP is both an accredited refiner and a referee for both marketplaces, one of only three refineries in the world to have this dual accreditation.
In terms of their products, PAMP Suisse’s bullion is recognised as ‘Good Delivery’ by the LBMA and LPPM. ‘Good Delivery’ means PAMP meets all the LBMA’s and LPPM’s stringent requirements regarding product quality and business management. The rules focus on areas such as weighing, packaging and delivery services, as well as vault management and even brand management guidelines.
PAMP Suisse is also accredited to operate in futures markets including the Tokyo Commodity Exchange (TOCOM), the Commodity Exchange (COMEX), the New York Mercantile Exchange (NYMEX), the Chicago Metals Exchange (CME), and the Dubai Multi Commodities Centre (DMCC).
What Makes PAMP Bullion Secure?
Since PAMP first started operating in 1977, it has continuously developed its manufacturing and security processes, many of which have become industry standard.
One security method is known as CertiPAMP. This is when a minted bar is sealed with an assay card. This prevents any tampering with the bar, and all the information needed to verify the bar is on the assay card, such as the bar’s serial number, weight and purity, and the assayer’s signature.
PAMP released another security system, known as VERISCAN, in May 2016. VERISCAN is a mobile application that can be downloaded and used to scan PAMP bullion and instantly verify whether a bar of bullion is legitimate.
The application can do this because at the end of the production process, PAMP scans the surface profile of its bars. The interesting thing is that the surface of a bullion bar is like the surface of a finger — it is unique. By scanning these unique surface profiles and saving them in a database, the application is able to scan and recognise genuine bars.
Due to their continuous innovation, PAMP now has a market share of more than 50% of gold bars weighing up to 100 grams.
Here are some more of PAMP’s innovations:
• PAMP was the first refinery to decorate the reverse side of precious metal bars: The Lady Fortuna, PAMP's motif, has now become the most famous ingot motif in the world
• PAMP was the first to use hangers for pendants
- • PAMP Suisse was the first to offer closed product packaging for small bars, which assists to safeguard the item inside and includes an appraised certification of authenticity, guaranteeing the item
- • CertiPAMP was the very first packaging available to provide industry customers custom styles
- • PAMP was the first to create the engineering for the colorisation of pendants and also bars
- • PAMP likewise set sector protection criteria with its trademarked process that creates holographic features within its ingots, helping to avoid counterfeiting
What are PAMP’s Famous Designs?
PAMP Suisse was the first bullion manufacturer to imprint the reverse side of their minted bars with ornate designs. The most famous design is called Lady Fortuna, which is a blindfolded woman with a cornucopia. This image has become iconic of the PAMP brand.
Over time, PAMP has introduced more designs to appeal to a wider audience of investors. One collection of designs is called the Faith Series. These bars are available in weights up to 1oz and feature religious symbols.
The religious symbols include: Ka’bah Mecca, Lakshmi, Romanesque Cross, Am Yisrael, and Buddha. Because many world faiths hold precious metals in high regard, PAMP’s Faith Series gold and silver bars give an added dimension of religious significance to an investment.
One of the religious symbols used in the Faith Series is the Ka’bah Mecca. In Islam, Mecca is the holiest site in the world, and the possession of gold is a symbol of istita'ah, which means the person is ready to perform Hajj, the pilgrimage to Mecca.
PAMP Suisse’s intricate designs appeal to collectors wishing to obtain every design released. Their designs also appeal to those buying bullion as a gift, certain to be treasured.
Buy PAMP Silver and Gold
Interested in buying PAMP Suisse bullion? Find out more here