Heraeus Precious Metals
Heraeus Precious Metals is a division of the German conglomerate Hereaus. The business unit contains operations in precious metals refining, recycling and trading activities under a single umbrella. The division employs more than 740 employees worldwide.
Heraeus is a key producer of silver and gold investment grade bullion, including Good Delivery bars for wholesale buyers. The company also produces precious metal products for the jewelry and industrial sectors, including platinum group metals.
The company’s private mint has a massive refining capability of up to 550 tons of gold per year. As such, the firm is a major player in the German gold market, and in 2017 acquired a full stake in Swiss gold producer Argor-Heraeus. It has four gold trading desks around the world in New York City, Shanghai, Hong Kong, and its headquarters in Hanau, Germany.
Reviews of Heraeus Precious Metals
As the largest precious metals refiner and processor in the world, Heraeus is highly regarded in the industry as one of the most reputable sovereign mints in existence. Its gold and silver bars are accredited by the London Bullion Market Association, which means they meet the most stringent standards for quality and purity. Given the company’s long history, strong reputation and high-tech security measures, we feel that Heraeus is one of the best producers of investment grade bullion bars in the marketplace today.
Mint Locations
Heraeus gold and silver bar minting locations are in Hanau, Germany and in the Fanling area of Hong Kong. It also produces gold and silver bars under the name Argor-Heraeus in Mendrisio, Switzerland.
Below is an image of the Heraeus facility in Hong Kong.
Below is an image of the Argor-Heraeus facility in Mendrisio, Switzerland.
The addresses of the company’s known private mint locations are listed below.
Heraeusstraße 12-14, 63450
Hanau, Germany
30 On Chuen Street
Hong Kong
Via Moree 14
6850 Mendrisio
Switzerland
Heraeus Precious Metals’ Claim to Fame
Heraeus was founded in 1851 by 24-year-old Wilhelm Carl Heraeus. Heraeus took over his father’s apothecary business in the town of Hanau, which was a village with a thriving goldsmith industry. Around this time the local jewelers were seeking to utilize platinum, but due to its high melting point had difficulty working with the metal. Heraeus developed a novel method of melting large quantities of platinum using an oxyhydrogen blowpipe that he created. Heraeus became the first to successfully smelt large quantities of platinum, and his German company grew from there into a multibillion dollar enterprise today.
Examples of Heraeus Precious Metals Bullion
Shown below is an example of a 1000g fine silver bullion bar produced by Heraeus.
Here is an example of a Heraeus gold bar produced with the Kinegram security feature, which is an inlaid hologram guaranteeing authenticity.
Videos of Heraeus Precious Metals
The following video provides a look at gold production at the Argor-Heraeus mint in Switzerland.
Finally, here is a look at an Argor-Heraeus bar with the Kinegram hologram security feature.
Executives
André Christl is the president of Heraeus Precious Metals. Christl studied business administration at the University of Cologne. He joined Heraeus in the year 2009 as the head of Group Finance. He has served as president of the metals division since 2017.
Content updated on Jan. 1st, 2023