1000 Ounce Silver Bars
One thousand ounce silver bullion bars offer silver bullion investors silver at the lowest markups over spot. 1,000-oz silver bars are products from refineries typically poured as a bulk product for shipment. After production, each silver bar is weighed and stamped with the weight, purity and refiner hallmark. 1,000-oz silver bars normally weigh between 930 ounces and 1080 ounces, approximately 70 pounds.
1,000-oz silver bars are ideal when large purchases are being stored in precious metals depositories. Silver bullion investors wanting to take delivery of their .999 fine silver should go with 100-oz silver bars or 1-oz silver rounds, both of which are easier to handle and store. 1,000-oz bars may also require assay when the customer decides to sell.
Investment Advantages
Bars of silver do offer an important investment advantage: they carry a low premium over spot silver. Silver bars are are also recognized around the world as a trading medium and are therefore very liquid.
Market Value
Bar pricing will move up or down with the daily price of silver. The spot price of silver (and all precious metals) is reported every business day in all major newspapers, network television and radio and online.
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