This is an official 1000 Troy oz "COMEX BAR" and it will be stored at the Texas Bullion Depository. 1000 oz silver bars like this one are used to satisfy demand for large-scale silver bullion contracts and are traded on the Commodity Futures Trading Exchange. After production, each bar is weighed and stamped with its weight, purity and hallmark by one of a handful of authorized refiners/assayers.
The weight of each bar is approximately 1000 Troy oz, or just over 71 lbs. Customer will be credited or charged for any difference between the actual bar size and the target size of 1000 Troy oz. This bar is popular with large silver bullion investors since it can be acquired for close to the market 'spot" price. We do not have any reporting requirements when you buy this bar from us.
Storage Only: The purchase of this product is for storage only. This product cannot be shipped to your home, it is only eligible for storage at the Texas Bullion Depository. You will be required to complete a storage contract.