1000 Oz Silver Bar
The 1 000 ounce silver bullion bar is the standard industry unit and traditionally used for trading and storage but can also be taken for personal delivery.
1000 oz silver bar. Jm bullion carries a full range of silver bars weighted from 1 gram up to 5 kilograms 5 000 grams or 160 75 troy oz. There are a number of authorized refiners approved assayers and include names like johnson matthey argor s a royal canadian mint and metalor. The 1000 oz comex silver bar is a bar which can be used to satisfy demand for large deliverable quantities of silver bullion traded on the commodity futures trading exchange. Our silver bullion inventory is one of the largest in the country with 1000 face 90 silver bags and 40 silver bags 1 oz american silver eagles the american silver eagle monster box 500 coins 1 oz silver rounds 10 oz and 100 oz silver bars.
What are the benefits of 1 000 oz silver bars. Silver bullion bars have a lower premium than coins in most cases because it is cheaper to create silver bars than it is to mint coins. Industrial silver 1 000 oz bars if you have been searching for silver bars apmex has a wide selection of bars available to purchase both online and over the phone. The 1 000 oz silver bar weighs just over 31 1 kilos containing 3 107 2 grams of pure silver if the bar is 999 fine.
On personal deliveries prices will be adjusted to actual weight. We also stock the canadian silver maple leaf monster box and the austrian silver philharmonic. Generally speaking the premium for silver goes down as the size of the bar goes up. The larger the size of the silver bar the lower the cost of production per ounce since so many ounces are accounted for in a single bar.
Actual weight can vary up to 10 in either direction. You can avoid this hassle by focusing on 100 ounce bars or lower. Still others are simply marked by their exact troy ounce weight ranging from 1 oz silver bars and 2 oz silver bars up to 25 50 oz silver bars and 100 oz silver bars. Any silver bar over 100 ounces could require an assay which adds extra expense is inconvenient and will delay your payout.
Each bar is hallmarked to certify weight and purity. We carry silver bars from popular mints and in many attractive weights. However there is also value in buying larger silver bars such as 25 oz 50 oz 100 oz and even 400 oz bars. Also if you take personal delivery of a 1 000 ounce silver bar almost any dealer will require an assay before they buy it.
Each bar of silver is unique and its quality is guaranteed. So the larger the silver bar the lower the premium paid per ounce.