PAMP Suisse Gold Bars
$4,197.40 one troy ounce of gold, at spot
$134.95 per gram of pure gold
Gold spot $4,197.40/oz · updated
Quick answer: PAMP Suisse is a Swiss maker whose bars turn up in retail listings, including a 1 oz Lady Fortuna bar that Costco lists with a .9999 gold marking. At the live gold price of $4,197.40 per troy ounce, the gold in a 1 oz bar is worth $4,197.40 before any seller adds a premium. The maker's name tells you where the bar came from. It does not tell you what a seller is charging, so price every PAMP bar against spot yourself.
Who PAMP is
Start with what the sources in front of us say, and keep the claims small. Costco's product pages for gold bars describe the refiners behind its listings as "Swiss-made" and as "LBMA Good Delivery" refiners. Those are Costco's words about the suppliers it lists, and they are the retailer's description, not an audit by us.
The LBMA is the London Bullion Market Association. Its Good Delivery standard governs the large bars that refiners and banks trade, around 400 troy ounces each, and only refiners on its Good Delivery List may make them. A refiner named on that list has met the standard for those large bars. The standard does not set rules for the small retail bars sold to individuals, so a 1 oz bar's quality rests on the maker's own marking and the paperwork that comes with it.
A search result that describes the company says PAMP was founded in 1977 and works from Castel San Pietro in the Swiss canton of Ticino. Treat that as a pointer, since the maker's own site is where to confirm it. Augusta Precious Metals, the dealer we feature, names PAMP among the brands on its page for 1 oz and 10 oz gold bars, alongside Credit Suisse and Johnson Matthey. That tells you PAMP bars are sold through more than one channel. It tells you nothing about price.
Other makers sell retail bars too. Valcambi is a Swiss company based in Balerna, and its page describes an integrated plant for refining, assaying, storage and transport. The Perth Mint is owned by the Government of Western Australia and says it has refined gold for more than 125 years. Argor-Heraeus appears in Costco's listing for a 10 g bar. Pick a bar by what the seller will put in writing, since a name on its own does not set the price.
Reading a PAMP bar
A PAMP bar in a retail listing comes with several things you can read. Take them one at a time and match them against each other.
The design. Costco's listing names the 1 oz bar "Lady Fortuna." That is a design, a picture struck on the face of the bar, and it distinguishes this bar from a plain stamped one. A design also gives you something to compare: the maker's own photographs of Lady Fortuna should look like the bar in your hand, down to the layout of the lettering.
The fineness. The listing gives .9999, which reads as 99.99 percent gold. Check that the weight stamped on the bar is one ounce, which is 31.1035 grams, and that the fineness stamped on the bar matches the one on the card.
The serial number. A numbered bar can be matched to its paperwork. Compare the number stamped on the bar with the number on the card, character by character. A mismatch means the bar goes back.
The assay card. Costco's listing calls the product "New in Assay," which means the bar is sealed in packaging with its own assay certificate. We cannot tell you more about the card than that, because we did not read the maker's own description. Keep the card with the bar for as long as you own it, and keep the seal intact until you have a reason to open it.
Veriscan. Costco's listing names Veriscan as a feature of the bar. The listing is where to read what it is, and the maker's or seller's instructions are where to learn how to use it. Ask for those before you rely on it, and do not treat a feature as proof of anything beyond what its maker says it shows.
For the full set of checks, from the seller to the packaging to a dealer's test, read our guide on how to tell if a gold bar is real. It also explains why no home check proves a bar is gold.
Price a PAMP bar against spot
Maker names often make people feel that a price is fair. A better test is arithmetic.
Start with the spot price per troy ounce, $4,197.40 now. A 1 oz bar holds one troy ounce, so its gold is worth $4,197.40 at spot. A seller's price will be higher, because the seller covers the cost of making the bar, packaging it, holding stock and earning a margin. That extra amount is the premium. We do not print any seller's premium or price, and we have not printed Costco's, because they change and because we cannot show a figure we could not check against a live listing.
You can do the work yourself. Take the price you are quoted, subtract $4,197.40, and the difference is what you pay above the gold. Here is an example, not a quote: if a seller added three percent over spot, a 1 oz bar would cost $4,323.32. The checker on our gold bar price page does the subtraction for any size and any quote, and it shows the difference in dollars and as a share of spot.
When two sellers quote the same PAMP bar, compare the totals including shipping, insurance and any tax, and compare what each would pay to buy it back. A low price on the bar can be undone by a high shipping charge or a refusal to buy it back. Costco's return policy page puts precious metals in the non-refundable group, and a reseller's guide says it does not repurchase them, so a buyer there needs another way to sell. Our Costco gold bars page explains the rules the listings carry.
Where PAMP bars are sold
Retail listings show PAMP bars at big-box and online sellers, and Augusta lists the brand on its page of 1 oz and 10 oz bars. We have not confirmed any bank selling them. Which channel suits you depends on what you need, and our how to buy gold bars steps go through the questions to ask, including buy-back, delivery and insurance. The where to buy gold bars comparison sets the channels side by side.
If you are choosing between a bar and a coin of the same weight, read gold bar vs gold coin, which covers premium, recognition and resale. The size itself is covered in our 1 oz gold bar guide.
What this can't tell you
This page can't tell you what any seller charges for a PAMP bar today, what a particular seller would pay to buy it back, or whether the facts we draw from listings have changed since they were read on 2026-10-09. It also can't tell you anything about PAMP that its own pages say, since we have kept to what Costco's listing, the LBMA's rules and a few third-party descriptions state. Check the maker's pages and the seller's current listing before you pay.
FAQ
Is PAMP a good brand for a first gold bar?
The name signals a Swiss maker and a design you can compare with the maker's photographs, but it is not a reason to skip checks. Match the serial to the card, keep the packaging sealed, and price the bar against spot. A known name never replaces a written price and buy-back terms.
What does Veriscan do on a PAMP bar?
Costco's listing names Veriscan as a feature of its PAMP bar, and that is as far as our sources go. How it works and how to use it is for the maker's or seller's instructions to say. Ask for those in writing, and do not treat the feature as proof of anything beyond them.
Why does the same PAMP bar cost different amounts at different sellers?
Each seller adds its own premium over the spot price to cover the bar, packaging, stock and margin, and some add shipping or insurance. The gold content is identical, so the gap is the seller's. Subtract the gold's value from the quote and compare the totals.
Can I sell a PAMP bar back to the store I bought it from?
It depends on the seller. Costco's policy page marks precious metals non-refundable, which is a different matter from resale. Ask any seller for its buy-back terms in writing before you pay, and keep the bar sealed with its card.
Is a PAMP bar the same as an LBMA Good Delivery bar?
No. The Good Delivery standard covers large bars of roughly 400 troy ounces made by refiners on the LBMA's list, and a retail 1 oz bar is a different product. Costco calls its listed refiners Good Delivery refiners, which describes the maker, not the small bar.
Keep reading
- Costco gold bars: what the listing says about the PAMP bar, returns and limits.
- How to tell if a gold bar is real: the checks in order, from the seller to the assay card.
- Gold bar vs gold coin: how a bar compares with a coin of the same weight.
Data sources: Spot price via api.gold-api.com · COMEX futures (GC=F) via Yahoo Finance. Prices are for informational purposes only and may be delayed. Figures on this page were generated . Gold is quoted in US dollars per troy ounce.