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.
1 Kilo Fortuna Silver Bar: Gracing the front of the bar is none other than Lady Fortuna, or Lady Luck. This mythical figure was believed to control a person’s fate. She is depicted wearing her trademark blindfold while carrying a horn of plenty in her outstretched hands.The reverse side of the bar has been engraved with all of its vital information.
Silver rounds are coin-shaped but are minted privately. They are commonly referred to as rounds rather than coins because the word coin refers to circulating, legal-tender currency issued by the government. Rounds bear a variety of designs. They can also be engraved to use as gifts or for military commemoration. They do not have a face value and cannot be used as legal tender. Usually, they weigh 1 troy ounce and contain 99.9% silver. Buying silver rounds tend to be a very cost-effective way to accumulate ounces when compared to coins.
Silver is an extremely popular precious metal among investors and collectors. Silver's appeal is in its affordable rates, allowing precious metal investing accessible to everyone. Similar to gold, silver has been used for thousands of years not only as currency, but as silverware, jewelry, and because of its electrical conductivity, it is also used industrially as electrical contacts. When it comes to silver bullion, there are three more common varieties that investors and collectors are familiar with. Silver comes in low premium bars and rounds; which the only difference between the two is their shape. They differ from coins by being produced in private mints, instead of the state-run mint. Silver bars and rounds are ideal for the investor; they come with a lower premium and they are incredibly easy to stack and store. Silver coins come with a higher premium because they are considered legal tender and instead of being endlessly produced, they come with limited mintages. Some investors and collectors like to buy a mixture of all three varieties; making their collection diverse and work in their favor when the time comes to trade.
Bar sizes are typically one-ounce, 5 oz., 10 oz, and 100 oz. There are also large 1000 ounce bars. Smaller bars actually cost more per ounce because the fabrication costs are higher per ounce of metal. It is more cost effective for mints to produce larger bars, and as a result, they cost less per ounce. However, larger bars may be somewhat difficult to handle or store.
While any silver bullion can be used for investment purposes, bars are designed with investors in mind. They are often simpler in appearance, yet still add immense value to your bullion portfolio. The ability to select a bar from several weight options gives you more control over your investment. Bars also come conveniently shaped for stacking and storing.
Supply and demand drive the price of silver, much like other commodities. Prices tend to be volatile when viewed through the lens of the volatile U.S. dollar. Investors typically check the COMEX to access indices for prices and the NASDAQ in the am and pm, to determine the current value of silver. When it comes to silver, the spot price is what matters. This is the price it can be exchanged and delivered at that exact moment. Investors should always verify the spot price before trying to buy, sell, or trade silver, as it is constantly changing. It is important to use trusted, verifiable resources such as MoneyMetals.com before any contracts are signed and approved.
The benefit this delivers to silver rounds is the ability to strike the rounds to unlimited mintages in the interest of keeping up with the demand for silver among investors and collectors. Silver rounds have bullion versions with unlimited coining or proof options with limited issues to spike interest in unique designs. Can’t find your favorite silver bullion coin design? Silver rounds often reflect these popular designs on products that are easier to get your hands on!
American Silver Eagle: There is no coin as popular or widely purchased than the American Silver Eagle. Launched in 1986 by the United States Mint, it is the official silver bullion coin of America and features the iconic Walking Liberty design on its obverse face as created in 1916 by Adolph A. Weinman. The highest mintage year for the Silver Eagle was in 2015 when it hit 47 million coins sold in one year!
Much like the Atlantis Mint highlighted earlier, Monarch Precious Metals is renowned for its hand-poured, hand-stamped bars that are available in vast array of one-of-a-kind finishes. Opened only recently in 2008 in the Rogue Valley of southeastern Oregon, Monarch products are rising quickly in the crowded precious metals marketplace. The following are some of its latest and greatest designs:
Provident is committed to offering products and tools to help you achieve your investment goals. Our catalog of precious metal bullion has something to please all types of investors and collectors. You can view our spot price charts for up-to-date pricing, which can assist you in deciding when to buy and sell. Additionally, Provident makes every effort to protect your security while you shop.
There are many reasons that investors (beginners and experts) immediately choose to buy silver more than any other precious metal. For beginners, when the price of silver per ounce is so much lower than gold, platinum, and palladium, they realize they can buy substantially more physical metal for their dollar. With its much lower price, buying silver bullion is much more appealing to small or novice investors.