In addition to rounds and coins, silver bars are another preferred way for investors to collect this precious monetary metal. They come in a variety of sizes and weights, and best of all — they’re compact, meaning investors can store a lot of silver in a fairly small space.
Silver bars are manufactured by private companies, each bearing their own unique stamp and characteristics that make them individually appealing to collectors. Bars made by certain brands may have a fine uniform veneer to them – this is the hallmark of a bar made by an extrusion process, and there are benefits to this method, namely the uniform size and weight of the bars, which makes them easy to store.
Conversely, hand-poured bars are less of a monument to symmetry, featuring a more textured, uneven surface. The weight of these bars will still be guaranteed, however, and in the case of the Academy brand silver bars, they are more highly sought out by collectors due to their rarity.
Silver bars can be acquired in a variety of sizes and weights, ranging from one ounce bars to 1,000 ounces. The 1,000 ounce variety happens to be the industry standard for trading. The lighter bars are typically more circulated among collectors, particularly the 100 ounce bar, because they are simply easier to store, though there’s nothing to stop a silver hobbyist from accruing his own supply of 1,000 ounce bars.
Regardless of the size or weight of the bullion, most of the silver bars that are sold by major manufacturers are 99.9% pure.
In addition to serving as a great hedge against dollar inflation, what makes silver investments so special right now is the scarcity of the supply for this monetary metal. An industrial resource that’s used the whole world over, especially in the last three decades, the need for silver now exceeds its production.
Unlike gold, silver is on the endangered species list for precious metals.
Only about 5% of the world’s supply of silver remains in circulation – and as industrial demand for the metal is still ever present, silver supplies are set to shrink even further.
Now is the time to buy up silver bars – before silver prices skyrocket.