The most popular weight among silver bars in the world today is the 1 oz. Silver Bar. Currently, the marketplace is cluttered with 1 oz. More affordable than gold, but offering the same value as a mode of investment or beautiful piece in a personal collection, silver bars have long been used to protect personal wealth against external factors. Right now, the 100 oz Royal Canadian Mint Silver Bar is available to purchase online at Silver.com.
- Ships to you in protective plastic.
- Consists of 100 Troy ounces of .9999 fine silver.
- Obverse features identifying markers.
- Reverse is left blank on purpose.
- Eligible for use in Precious Metal IRAs.
Each of these 100 oz Royal Canadian Mint Silver Bars is version 1 of a typical investment-grade bar design. It features only simplistic identifying markers on the bar’s obverse face, with the reverse purposely left blank.
Among the variety of silver bar designs currently on the market, the most popular are those with intricate finishes and visual appeal. These products are often sold at higher premiums over the spot price of silver for two reasons. First and foremost, the production process involved in creating a refined product.
Moreover, the design of the bar itself and its condition lend to the value of the product. Because these silver bars have simplistic designs, the premium over the spot price of silver is much lower than the average minted ingot or other silver bullion product.
On the obverse of the 100 Royal Canadian Mint Silver Bar you’ll find the only identifying markers on the product. There is an engraving of the Royal Canadian Mint’s official logo at the top of the bar, which consists of a maple leaf in the center. The name of the Royal Canadian Mint is engraved around it in both English and French.
Below those markings you’ll find other engravings of the year of production, a unique serial number issued to each bar, and the weight, metal content, and purity of each silver bar. The reverse of all these silver bars has been left blank on purpose. 100 oz silver bars such as these are ideal for investors as they provide guaranteed silver purity and lower premiums than intricately designed bars.
The 100 oz Royal Canadian Mint Silver Bars in this listing are produced by the Royal Canadian Mint’s silver refiner. Established in 2006, the new silver refinery at the Royal Canadian Mint was installed purely for the production of silver bars. The addition of the state-of-the-art machines enables the RCM to create silver bars with less waste.
If you have any questions, please don’t hesitate to ask. Silver.com associates are available at 888-989-7223, on the web using our live chat, and via our email address. Don’t forget to visit our website to view the current price of silver.