5 g Palladium Bar Argor-Heraeus
5 g Palladium Bar Argor-Heraeus is a fully valuable investment palladium bar weighing 5 g, manufactured by the renowned refinery Argor-Heraeus (Switzerland) from 999.5/1000 fineness palladium - the highest purity standard for investment palladium in line with the requirements of the London Platinum & Palladium Market (LPPM) Good Delivery. Each bar is individually packaged in a certified protective blister with a serial number stamped directly on the bar, matched by the same number on the accompanying assay certificate confirming fineness and weight.
Argor-Heraeus SA is one of the leading precious metals refineries in Europe, founded in 1951 in Mendrisio, Ticino canton (Switzerland). The company is part of the German Heraeus group (headquartered in Hanau, established 1851) and is accredited by both the LBMA and the London Platinum & Palladium Market (LPPM) Good Delivery for platinum and palladium. Argor-Heraeus bars are valued in banks and on the secondary market across Europe for their precise workmanship, distinctive hexagonal logo, and the highest standards of quality and authenticity. Also see the full Platinum and Palladium category available at GoldInvest24.
Key product features
- highest palladium fineness 999.5/1000 - LPPM Good Delivery standard, required for professional bullion trading;
- manufacturer Argor-Heraeus (Switzerland, since 1951) - one of the most reputable precious metals refineries in Europe;
- mass: 5 g;
- palladium density 12.02 g/cm³ - significantly lower than platinum (21.45) and gold (19.32), but higher than silver (10.49);
- palladium is about 30 times rarer than gold - annual global mine output ~210 tonnes vs ~3,100 tonnes for gold (WPIC, World Gold Council). Russia (Norilsk Nickel) supplies ~40% of global production;
- assay certificate with serial number included with every bar, number stamped directly on the reverse side;
- subject to standard VAT (typically 23% in Poland, 19% in Germany) - investment palladium is not covered by the gold-specific exemption from Council Directive 98/80/EC. The German differential taxation under § 25a UStG may apply for certain dealer imports;
- high recognition and liquidity on the secondary market - bars from LPPM-certified manufacturers are easily tradable across Europe;
- precious metals portfolio diversification - palladium has a unique price profile, strongly tied to industrial demand from the automotive sector (gasoline engine catalytic converters), distinguishing it from gold and silver;
- discreet and secure storage - compact form, traceability via serial number, non-magnetic (simple authenticity test).
Authenticity certificate and traceability
Every bar is delivered in an original protective blister with assay certificate, which serves as a guarantee of metal origin and confirms compliance of fineness and weight with the LPPM Good Delivery standard. The serial number stamped directly on the bar matches the number on the Argor-Heraeus assay card and allows unambiguous identification of the product on the secondary market. Opening the blister does not invalidate the certificate, but we recommend keeping the bar in its original packaging to obtain the maximum price upon resale.
Why invest in palladium?
Palladium is one of the rarest precious metals in the world and at the same time a key industrial raw material used primarily in catalytic converters for gasoline engines (an inverse specialisation compared to platinum, which dominates in Diesel engines), in electronics, dentistry and the jewellery industry. Annual global mine output is around 210 tonnes, with Russia (Norilsk Nickel) supplying about 40% of global production. This geographic concentration combined with rising ESG constraints and sanctions risks creates a unique investment profile distinct from classical monetary metals.
Investors building a diversified precious metals portfolio include palladium to complement gold, silver and platinum positions. Also see Platinum and Palladium, investment gold bars and silver investment bars at GoldInvest24.
Technical specification
| Manufacturer |
Argor-Heraeus SA (Switzerland) |
| Metal |
Palladium (Pd) |
| Fineness |
Pd 999.5/1000 (LPPM Good Delivery) |
| Mass |
5 g |
| Density |
12.02 g/cm³ |
| Form |
minted |
| Packaging |
blister with Argor-Heraeus assay card |
| Serial number |
stamped on the bar + on the assay card |
| Catalogue symbol |
80011 |
| VAT |
Standard VAT applies (typically 23% in Poland, 19% in Germany) - investment palladium is not covered by the gold-specific exemption from Council Directive 98/80/EC |
Frequently asked questions (FAQ)
Is 5 g Palladium Bar Argor-Heraeus an original LPPM investment bar?
Yes. The bar comes directly from manufacturer Argor-Heraeus SA (Switzerland, since 1951), accredited by the London Platinum & Palladium Market (LPPM) Good Delivery for palladium. Fineness 999.5/1000, mass 5 g and serial number are confirmed by an assay certificate included with every bar in a certified blister. GoldInvest24 sources its products exclusively from the authorised distribution channels of the manufacturers.
Why is investment palladium 999.5 fineness and not 999.9 like gold or silver?
The LPPM Good Delivery standard for investment palladium (Pd 1 grade) sets the minimum fineness at 999.5/1000 (i.e. 99.95% pure metal). This results from palladium's metallurgical specifics - achieving higher fineness while maintaining the plasticity required for rolling and minting bars is costly and not justified from an investment standpoint. 999.5 fineness is the de facto global standard for the investment palladium market - the same as for investment platinum.
Is investment palladium subject to VAT?
Yes. Unlike investment gold (VAT-exempt under Council Directive 98/80/EC), investment palladium is subject to standard VAT throughout the European Union - typically 23% in Poland and 19% in Germany. The Council Directive 98/80/EC exemption applies exclusively to gold; palladium, platinum and silver are subject to the full VAT rate. For certain imports or under specific dealer schemes, the German differential taxation under § 25a UStG may apply, taxing only the dealer margin. The displayed price already includes VAT and is the final retail price; a VAT invoice is issued.
How does palladium differ from platinum as an investment?
Palladium and platinum are both Platinum Group Metals (PGM) with different industrial applications. Palladium dominates in catalytic converters for gasoline engines (around 85% of annual demand comes from the automotive sector), while platinum is traditionally used in Diesel engine catalytic converters. This different application led to a historical price divergence: after the Dieselgate scandal (2015), palladium prices rose sharply and overtook platinum prices in 2017 - trading above platinum for nearly a decade. Geographically: Russia (Norilsk Nickel) supplies ~40% of global palladium, while South Africa is the largest platinum producer. These profile differences make palladium a valued component of precious metals portfolio diversification.
How does palladium differ from gold and silver?
Palladium is almost 4 times less dense than platinum (12.02 g/cm³ vs 21.45 g/cm³) and about 30 times rarer than gold. Unlike gold and silver, which historically performed monetary functions, palladium is a purely industrial metal - its price is sensitive to industrial cycles, emission regulations and geopolitical risks (especially Russia-related sanctions). This creates a different return structure than for classical monetary metals and makes palladium a complementary, not substitutive, component of a precious metals portfolio.
How does Argor-Heraeus differ from other palladium manufacturers?
Argor-Heraeus is a Swiss-German alliance - Argor SA was founded in 1951 in Mendrisio (Ticino, Switzerland), then acquired in 1999 by the German Heraeus group (established in 1851 in Hanau). Argor-Heraeus bars feature the distinctive hexagonal logo that serves as a hallmark of Swiss craftsmanship combined with German industrial heritage. The refinery is accredited by both the LBMA and the LPPM Good Delivery for platinum and palladium. Argor-Heraeus bars are especially regarded in the German-speaking market (Germany, Austria, Switzerland) for their exceptional liquidity and reliability as a banking product.
Can I sell the bar back to GoldInvest24?
Yes. GoldInvest24 operates an investment palladium buyback at prices linked to the current London Palladium Fix (LPPM quotation, twice daily). The buyback price is influenced by fineness (999.5), weight, packaging condition (original blister with assay certificate), serial number matching the assay card, as well as the current market spread. Bars in undamaged blisters with legible assay cards achieve the highest resale prices - therefore we recommend keeping the product in its intact original form.
Order 5 g Palladium Bar Argor-Heraeus online with delivery in 1-3 business days - discreet packaging, insured courier shipment, personal collection possible by prior arrangement. GoldInvest24 is an authorised dealer of investment palladium from LPPM Good Delivery accredited manufacturers, including Argor-Heraeus SA. The price on the website is updated in line with the current London Palladium Fix.