Submitted by: Christina Goldman(2,410) Log in to become a member of Christina Goldman's Fan Club!
Silver bullion bars, also referred to as silver ingot bars, generally consist of 99.99% silver and range in size from one ounce to 5000 ounces. The 10-oz and 100-oz sizes are the most popular with investors. The 5-oz, 25-oz, and 50-oz size bars, which were produced in the early 1970's, are difficult to find. However, the diligent collector can sometimes find these silver bars on popular online auction sites such as eBay.
Unlike silver coins, silver bullion bars are first and foremost an industrial product. They are intended to be used as a storage means and are consider a trading medium. They are very liquid, but should be purchased strictly as an investment and not used for bartering purposes.
Some of the advantages of owning silver bullion bars are:
Uniform size, making them very convenient to store and easy to handle.
Compact size, making them ideal for investors who want to secure a large amount of wealth in a relatively small storage area.
Recognizable hallmarks, making them readily accepted for resale and easily convertible to cash.
The 100-oz silver bullion bars are often called investment bars, because collectors who buy them usually do so for investment purposes, not as a hedge against inflation. These type of collectors will often sell when silver prices go up. The 100-oz silver bullion bars are desirable because they offer a low markup over the spot price of silver, although they aren't as flexible as the 10-oz variety.
The most popular silver bullion bars are created by Engelhard and Johnson-Matthey. Although they are two of the world's largest refiners, they have not mass-produced silver bars since the mid-1980s. This means Johnson-Matthey and Engelhard silver bars are only available when other investors decide to sell. More readily available are the 100 ounce Wall Street Mint and Sunshine Mining bars. The English Sheffield and Handy & Harman bars can be obtained, but are more difficult to find. The most popular size is the 100 troy ounce silver bar produced by Englehard, an American company.
Engelhard is renowned for producing quality silver bullion bars that are accurately stamped with the exact pureness of the silver that is contained in the bar. Investors know that the Engelhard symbol assures them of the ability to buy and sell silver bars with total complete confidence, anywhere in the world. Because of their low premium over spot, compared with silver bullion coins, the 100-oz Engelhard silver bars are an excellent way to invest in silver bullion.
Johnson-Matthey was founded in 1817 and has an unrivaled reputation in the precious metals field, because of its technical excellence and dedication to quality. Johnson-Matthey 100 ounce silver bars are always in high demand from silver collectors and investors because of their confidence in the company. An investor can buy a Johnson-Matthey silver bar with total confidence in its purity, liquidity, quality. Every Johnson-Matthey silver bar is stamped with the exact weight and an individual serial number, exclusive to each and every buyer.
Christina Goldman has been collecting silver and gold bullion since 1999. In those days, when the dot com mania was in full swing and gold was seen as just an ancient relic, she paid $269 for her first one ounce American Eagle gold coin! Gold has more than tripled since then, but Christina still thinks buying gold (and silver bullion) is a smart investment.
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Article added to SearchWarp.com on Thursday, June 19, 2008 View other articles written by Christina Goldman(2,410)
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