Silver bars come in probably the widest variety of sizes ranging from 1 gram to 1,000 ounces. With all of these options available, ten ounce bars and kilo bars are popular among investors, though you can also purchase smaller increments like 5 ounces and 1 ounce. One-thousand ounce bars exist, as well, though they’re generally too large for individuals.
The American Silver Eagle coin is as well-known as the famed gold Krugerrands minted at the South African Mint. As legal tender coins, they can technically be used as currency as well as for investment purposes. Buy silver eagles online or by phone (Call: 1-800-800-1865). The United States government mint American Eagles as an investment, including American Gold Eagles. They are also collectibles that can be used as a reward, gift, or incentive. Each American Eagle contains, at least, one troy oz of 99.9% pure silver. The notable design on its obverse is based on the “Walking Liberty” half dollar created by Adolph A. Weinman in 1916. The best way to store Silver Eagles is to use monster boxes.
Just as is the case with large amounts of cash, it can be dangerous to drive or walk around and carry large amounts of silver. While you can get fast money at a reputable local shop, often you wind up taking a lower price because they tend to lowball unsuspecting people and they may not have the sophistication needed to dispose of the metals quickly. One of the safest and best ways to get a good price when selling silver bullion is to work with a reputable national dealer such as Money Metals Exchange. Wherever you choose to sell, be sure to obtain a firm price commitment before handing over possession of the metal. Transactions can be instantly conducted in a secure online environment, in person, or over the phone to seal the deal.
Stefan Gleason is President of Money Metals Exchange, the national precious metals company named 2015 "Dealer of the Year" in the United States by an independent global ratings group. A graduate of the University of Florida, Gleason is a seasoned business leader, investor, political strategist, and grassroots activist. Gleason has frequently appeared on national television networks such as CNN, FoxNews, and CNBC, and his writings have appeared in hundreds of publications such as the Wall Street Journal, TheStreet.com, Seeking Alpha, Detroit News, Washington Times, and National Review.
These particular buyers are looking to create a hefty fund to hedge inflation. When seeking to establish a substantial fund, bars become an extremely attractive option, as they are the easiest to stack and store. They come in weights as high as 100 troy ounces, making storage relatively easier when compared to other instruments such as rounds and coins. However, providing adequate safety and security to this massive quantity of silver can be a tedious task. Hence, private, offshore storage depositories, offering top-of-the-line security at reasonable prices, are considered a great option for storage.
For those interested in investing in collectible items, silver coins are the primary choice. Silver coins contain the same amount of silver as in bars and rounds but since they come with a limited mintage, they have a higher premium. That high premium is also due to the fact that they are produced in a country's mint, instead of a private company. A lot of countries have their version of the silver dollar: the US has the silver eagle, the Royal Canadian Mint has the maple leaf, and People's Republic of China has the panda, to just name a few. Each country also produces one coin a year, making them appealing to those who enjoy collecting coins.
As alluded to above, there are varying styles of silver bars for sale that you’ll come across as you look to invest. Minted ingots are a popular choice among investors for numerous reasons. A minted ingot starts as a long cast silver bar which is fed into a stamping press. This computer-controlled press will precision cut each bar to an exact size and weight, and then stamp a design into the bar. Some minted ingots have exciting designs, while others bear only important markings. Minted ingots are a top pick for investors because of the precision involved and the assayer’s guarantee backing the weight, purity, and metal content of each bar.
When you’ve found the silver bar or bars that attracts you the most, JM Bullion makes it easy to complete your purchase from our online catalog. We accept a wide variety of payment methods to streamline the purchasing process, fulfill orders quickly, and offer free shipping on orders over $199 so you can get your products as affordably as possible.
JM Bullion is proud to offer a vast array of silver bars from mints, both private and sovereign, around the globe. It’s impossible to highlight them all in one page, but in the following sections you’ll see a little sneak peek of some of the most popular products we have in stock at the moment, broken down by the popular mints responsible for the refining of each product.
Silver bullion coins are possibly the oldest type of coinage in history. The use of these coins for trade dates back to the drachma used during Greek times. A collector purchases coins as a hobby and these coins may or may not have value. These coins can include the Mexican Silver Libertad and the Chinese Silver Panda coin. Coins sold by weight are purchased to store financial value for the future. Money Metals recommends investing in coins such as the Austrian Philharmonic coins, the African Silver Krugerrand, products from the America the Beautiful Series and the products listed below: