Bullion silver bars come mostly in a rectangular shape and are composed of .999 and higher purity silver. Silver bars typically sell just above the current spot price of silver.
There is no correct weight to purchase when it comes to silver bars. Although it is important to know that smaller bars often come with a higher premium because it is just more cost-effective for mints to produce 100-ounce bars than 10-ounce bars. If you are an investor buying a large amount of silver for wealth preservation and asset diversification, larger bars will get you the most bang for your buck.
100 oz Bar Features:
100 Troy oz. of .999 pure silver
Variety of Hallmarks like Republic Metals, Royal Canadian, and Academy
Cast or Minted
Stacks and stores easily
The most commonly traded bars are bullion. Silver bullion is available in various forms, all of which are worth the same by weight, and contain the exact same amount of silver. The difference is that some investors prefer certain shapes over others for handling and storage options. Bars of the same size and brand can stack easily, decreasing the amount of space needed for storage.
Hallmarks include Academy, Johnson Matthey, Royal Canadian, Englehard and others. Fulfillment based on availability.