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10 oz Silver Bullion Bars
If you know anything about investing in precious metals, specifically silver bars, you know that they can come in a huge variety of different sizes. These sizes range from small to quite large and what bar or bars you buy will depend on how much you want to and are able to invest. In terms of size, 10 oz silver bars are pretty much smack dab in the middle. There are definitely smaller ones you can buy such as 1 oz, 5 oz and fractional sizes, but also larger ones, as well. While it may seem like there isn’t much you could possibly learn about 10 oz silver bars, there is actual a lot more information than you might think.
Producers of 10 oz Silver Bars
If you have shopped for anything before in your life, and you undoubtedly have, you understand that many seemingly similar products can be manufactured by a wide array of companies. Even if you are new to the precious metals industry, you can be assured that the same is true with silver bars, as well. You see, though most silver bars look similar and may weigh the same with similar purity levels, different producers offer different products. The way in which silver bars may differ from one another can lay in their design, the minting process used to make the bar, or other not so obvious factors.
For this reason, you will find 10 oz bars produced by different companies being sold for different prices. People who are loyal to a particular brand will have no problem paying more for their favorite producer’s bar whereas other people will always look to get their 10 oz bars at the cheapest possible price.
Some of the most popular and commonly found producers of 10 oz silver bars include:
10 oz Silver Bar Premiums
When it comes to 10 oz silver bars, you can expect your premium to be anywhere from as little as $.70 per ounce to as much as $5. Compared to silver bars of other sizes, 10 oz bars are priced at slightly lower premiums than that of say, the 1 oz and 5 oz size. Investors often enjoy 1o oz silver bars because of their generally low premiums and high purity.