Once the molten silver cools and solidifies, it is removed from the mould and weighed to ensure it contains the exact amount of silver. Poured or Cast Bars: These types of silver bars are made by pouring molten silver into a mould, or cast, with the desired shape. Which bars are easy to sell at the best possible price?įirstly, what’s the difference between poured bars and minted bars?.What types of bars offer lower premiums?.Which type of bar is the most suitable for investment?.How do cast silver bars differ from minted silver bars?.
Ingots are labeled with basic information such as weight and the name of the producer and are not meant to be traded as investment grade metal.Ĭast and pressed bars differ in several ways, and both have unique advantages to suit the preferences of every investor.Īs a new investor in silver bars, you might wonder: Ingots are simply a convenient form of producing metals or non-metals in a refinery into a form that is suitable for transportation and storage. The word ingot is an old term used to refer to metals and other elements that are melted and poured into a mould with a specific shape, usually a rectangular block. The molten metal is ultimately poured or cast into a mould to produce silver ingots or cast bars. Silver mines extract the ore and refine it into pure metal through smelting. The two precious metals are refined through a similar process, with the most common forms being poured bars (or cast bars), and minted (or pressed bars). A little-known fact about silver is that there are very few pure silver mines worldwide most silver is produced as a by-product of gold, lead, and other base metal mining.ĭue to its relatively lower value, silver bars are cast more widely than gold bullion by both private and sovereign mints. Most silver you see as jewellery or coins begins life as a silver ingot or bar refined from silver deposits found in mines underground. By allocating a portion of your savings to silver bars is investing in a rare precious metal which is a store of value with substantial and ongoing global demand. Therefore, when you buy real silver bars or bullion coins, you are essentially making the same prudent choices that Emperors, legendary kings, and prosperous merchants have made throughout history. With demand expected to outstrip supply in the coming years, pure silver bars offer potentially attractive returns for investors. Today, silver bullion bars and coins are still widely minted all over the world to meet its increasing demand as a tangible asset and critical industrial and technological component. In effect, silver went from being used as currency and money to being used as in investment and store of value and in industrial use.
In fact, the quantity of above-ground, investment grade silver, is only slightly more than that of gold bullion held by governments and banks.ĭue to banks and central banks desire to move to purely fiat currencies and due to silver’s limited supply and high price, the use of silver as mass-circulation coinage was abandoned over 40 years ago. Today, silver is believed to be just 8 times more abundant than gold and remains a finite and very rare precious metal. The great economist, Milton Friedman, described silver, and not gold, as the primary monetary metal in the world. If you’ve been in the market to acquire 100 ounce silver bars from a reputable manufacturer, this is your chance.Silver has been the most popular and used form of money throughout history. The availabilty of 100 oz silver bars has dried up in recent years, so we don’t expect this lot to last long. Furthermore, all three silver bars have been weighed and tested by our in-house experts to confirm the authenticity of the items. With the price of silver rising in recent years, some less than honest individuals have taken to producing counterfeit 100 oz silver bars, which is one reason why you want to stick with brand name producers that you can trust.Īll three 100 ounce silver bars have assay/serial numbers, so there’s no question as to their authenticity. Included in our most recent offering are 100 oz silver bars from Engelhard, Johnson Matthey and Sunshine Minting. Atlanta Gold & Coin Buyers is pleased to announce that we’ve recently added to our inventory three new 100 ounce silver bars from some of the top producers of silver bars in the industry.
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