When it’s time to sell these bars, other investors will be more comfortable purchasing them because they know they’re buying a high quality bar. It’s always important for investors to buy silver bars from recognizable brands. Some other well-known producers of 100 oz silver bars include the Royal Canadian Mint and Sunshine Minting. They started in Indiana as a coin shop, and are now one of the biggest silver bullion producers in the United States. This company, which started out in London, is known for their quality silver bars and low premiums. One of the most popular producers of silver bars is Johnson Matthey. Finally, because silver bars are in the shape of flat, large rectangles, they’re very easy to stack in a safe deposit box or personal safe for storage and safekeeping. Additionally, investors find that having the physical asset on hand, rather than certificates, makes it easier to sell or barter. Plus, the larger the bar, the lower the premium. However, one advantage that silver bars have is that they generally have lower premiums than silver coins. This fee, known as a premium, can vary from metal to metal and from the form the metal is in.
Advantages of Owning and Investing in This BarĮvery precious metal dealer charges an extra fee, as well as the regular price of the metal. Additionally, they’re usually called investment bars since collectors normally buy them for investing. They’re often rectangular in shape, and produced by both government mints and private companies. There’s high demand for buying and selling this size bar, meaning it’s always very easy to move them on the market. As a result of their popularity, this size bar is also an incredibly liquid commodity. Silver bars are typically sold in troy ounces, and the 100 oz silver bar is one of the most common bar sizes. Even though silver is more common above ground than gold, it’s sometimes considered more valuable because of its industrial uses in electronics, photography, and medicine. However, an investment in silver can help diversify a portfolio and protect against financial downturns. Many times, silver is an overlooked investment opportunity.