Image is an example. Actual hallmark may differ.
Silver bullion bars, or ingots, are available in a wide range of sizes, from one ounce to one thousand ounces. While various sizes exist, the most commonly traded are ten and one hundred ounce bars, typically boasting a purity of .999 fine silver or higher. Each bar is stamped, or hallmarked, to verify its weight and purity.
Silver bullion bars offer a variety of designs, ranging from simple to elaborate. Regardless of aesthetic, all bars include essential markings: the issuing private mint, the silver's fineness, and the weight
Silver Content – 10 troy oz.
Gross Weight – 10 troy oz.
Composition – 0.999+
Thickness – Varies
Mint Dates – N/A
Manufacturer – Varies
Numerous private mints specialize in producing silver bullion bars, with well-known names including Johnson Matthey, Engelhard, A-Mark, and the Wall Street Mint.
Silver's industrial applications in technology, medicine, and environmental sectors have driven increased demand, potentially pushing prices higher. With the end of silver's use in U.S. coinage in 1964, investment interest has surged. Many view silver as a tangible asset and store of value amid inflationary concerns.
The 10-ounce silver bar has been a popular choice since the early 1960s due to its recognizable size and weight. Various refiners produce struck or extruded bars with unique designs. Leading producers include NTR and OPM, often packaged in protective holders. All standard 10-ounce silver bars share identical purity and weight, ensuring consistent pricing.
Purity: .999 fine silver
Weight: 10 troy ounces
Refiner: Clearly indicated (e.g., Johnson Matthey, PAMP)
Easy price tracking due to standardized weight and size
Potential barter medium in uncertain economic times
High liquidity due to the bar's size and weight
Eligible for inclusion in a Silver IRA
The 10-ounce silver bar's consistent size, weight, and purity make it a popular and versatile investment option.
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