No matter what size of the bar you look at, you will find that there is a price premium over the spot price of the equivalent weight of silver. To make an effective investment, you need to keep that premium as low as possible. In general, the premium increases as the bars get smaller, although there are exceptions. Buying silver bars is an astute investment decision.
Silver bars have lower premiums than coins, are easier to store than coins, and will increase a higher percentage in price than gold bars. The most common silver bar we sell is the 1 kg silver bar. Silver bars are a great option to start your silver buying journey. These bars are an ideal size and offer excellent value for money.
When people invest in physical silver, whether by purchasing a silver bar, pure silver, a coin, or other items, there is a certainty that its value has persisted and will continue to persist. For common purchases, such as groceries, you can't use silver bars or silver bullion coins, so you'll need to convert them into currency first, and the ability to sell quickly can be a problem. Johnson-Matthey 100 ounce silver bars are always in high demand among silver collectors and investors because of their trust in the company. At the retail level, junk silver coins can be purchased in any quantity, although it is often more convenient to buy based on increases in face value or in cumulative form.
We recently met with a first-time buyer of silver coins and bullion and spent about an hour explaining the different types of products, premiums, demand and liquidity for each item. Mason Mint is a contemporary bullion firm that manufactures a wide range of silver products, including silver bars. Engelhard is known for producing quality silver bars that are precisely stamped to the exact purity of the silver contained in the bar. Mining stocks, especially silver stocks that pay dividends, may also be a better option than silver bars for some investors.
However, I don't suggest buying 100 oz silver bars unless you already have at least a thousand ounces of silver, so you don't have more than 10% of your total stack in a single physical piece of silver. This type of silver bar is formed by pouring molten silver into a large slab and then cutting it into equal parts, resulting in nearly identical bars that have a perfect appearance. As a result, silver bars are more practical and versatile than physical gold, making this type of investment in silver more attractive. In other words, for the same amount of money spent you will get more silver by buying bars instead of coins.
