These Features Make .999 Fine Silver Bars an Attractive Option
.999 fine silver bars are some of the most popular and cost-effective ways to invest in silver. They also provide investors with a number of options with respect to size ranging from 1 oz to 100 oz and everywhere in between. In this post, we’ll identify for you some features that make this an attractive option, some of the most common silver bars traded in the market and a few producers that stand above the crowd in terms of popularity and demand.
One aspect that makes .999 fine silver bars an attractive investment option is that they are pure silver. This means that there are no complicated calculations involved as is the case with some other silver options, namely 90% silver coins.
While some silver bars may be refined beyond the .999 threshold, it’s not worth the time and expense to pursue these bars. The industry standard is .999, which is suitable for anyone in the market who is interested in acquiring pure silver bullion.
Many silver coins are also composed of .999 fine silver, but coins tend to trade at a higher premium or commission than silver bars, so if you’re looking to acquire pure silver in the most cost-effective way possible, silver bars, or for that matter, silver rounds, make for an excellent choice.
Another nice feature of silver bars is that they’re available in many different sizes. Technically, you can purchase silver bars as small as 1 gram upwards of 1,000 ounces, but the most common sizes range from 1 oz to 100 oz.
Prices for 1 oz, 5 oz, and 10 oz .999 fine silver tend to trade at a slightly higher premium than kilo and 100 oz silver bars. Out of the smaller size bars, 1 oz and 10 oz tend to be the most prevalent and popular. The 1 oz size provides a good bit of flexibility, especially if you’re only interested in selling a couple of bars for a short-term financial need.
The 10 oz silver bars are probably the most popular among “silver stackers.” These are individuals that accumulate large amounts of silver bullion and are looking for a convenient and compact way to store their .999 fine silver. In other words, they are easy to accumulate and stack, making storage capacity less of an issue.
With respect to the larger size bars, 100 oz silver bars tend to be more popular and in higher demand that kilo silver bars, even though they’re larger. This size bar is for serious investors of silver who intend to allocate a significant amount of their investment holdings in silver.
Most .999 fine silver bars are produced by private refiners as opposed to government mints. Considering that there are a large number of refiners, this creates competition, which in turn helps to keep silver premiums down – at least lower than their silver coin counterparts.
Most silver bars that are stamped “.999 fine,” “fine silver,” or “pure silver” are perfectly fine and are as advertised, regardless of the manufacturer. In fact, many of the silver bars produced don’t include a stamp from the manufacturer, which should not create hesitation in purchasing these bars.
However, some folks feel more comfortable with a silver bar that is stamped with the producer and/or manufacturer. Furthermore, some individuals are only interested in acquiring silver bars from well-known, recognized, and reputable refiners of silver bullion.
For these folks, we recommend silver bars produced by Engelhard, Johnson Matthey, and Royal Canadian Mint. These are the “gold standard” so to speak of silver bullion producers. All three companies produce silver bars in 1 oz, 10 oz, and 100 oz sizes. Some other sizes may also be available but are less common. All three manufacturers have been in the industry for decades and have a reputation for producing quality .999 fine silver.
In summary, we’ve provided a couple of reasons why you might want to invest in .999 fine silver. The purity and various sizes or options available make this an especially appealing investment.
Smaller investors tend to gravitate toward smaller sizes, such as 1 oz or 10 oz silver bars while more serious investors, or those individuals that have placed a large portion of their investment holdings in silver bullion, prefer kilo and 100 oz sizes.
While silver bars from any producer are typically fine, there are a few refiners that stand above the crowd, including Royal Canadian Mint, Johnson Matthey, and Engelhard. All these companies have been producing silver bullion for decades.
Whether you’re in the market to buy or sell .999 fine silver, Atlanta Gold & Coin Buyers should be your silver bullion dealer of choice. We offer a wide variety of products and regularly purchase large silver bullion collections from individuals interested in liquidating their positions.
Contact us today at 404-236-9744 to see why we’re the leading dealer in Atlanta and beyond.