OWN | 1 Kilo Silver Bars


OWNx makes it simple to add precious metals like 1 Kilo Silver Bars to your investment strategy.

1 Kilo Silver Bars

Based on Today's Silver Price, a 1 Kilo Silver Bar is worth approximately $1,057.76


One kilo silver bullion bars (32.15 oz) are very popular because they fit nicely between the 10 and 100 ounce bar in size and value.

Most kilo bars have rounded edges and display the hallmark of the refinery at the top of the bar. The weight of the bar (32.15 oz) is clearly marked, as is its purity (.999+). Many will also display a unique serial number stamped into the bar to provide additional security.

If you have questions about these bars, please contact support.

More silver bar delivery options:
10 Oz Silver Bar | 100 Oz Silver Bar | 5 Oz Silver Bar | 1000 Oz Silver Bar

Specifications

Silver content: 32.15 Troy Ounces
Purity: .999+
Dimensions: vary

History of the Silver Bar

Silver, as a precious metal, has a history that dates back thousands of years. Ancient civilizations, such as the Egyptians, valued silver sometimes even more than gold. This was due to its rarity in certain regions. By around 300 B.C., silver began to be standardized as a form of currency, marking its importance in trade and wealth accumulation.

Silver bars, specifically, have been used as a means to store wealth for over 4,000 years. Their popularity surged in the 1980s, making them a preferred investment in the commodities market. Today, with advancements in minting technology, acquiring pure silver in the form of bars has never been easier.

Why Buy 1 Kilo Silver Bars?

Advantages

Low Premium Over Spot: One of the primary reasons many investors gravitate towards 1 kilo silver bars is the relatively low premium over the spot price of silver. Unlike intricately designed coins, these bars are often simpler, leading to lower production costs and, subsequently, lower premiums.

Convenient Storage: Storing large amounts of silver in coin form can be cumbersome. However, kilo silver bars, with their uniform shape, make stacking and storing a breeze. This convenience often translates to reduced storage costs, especially for those investing in bulk. Obviously buying from OWNx gives you the added ease of onsite silver storage, should you prefer it.

Classic Look: There's an undeniable aesthetic appeal to a stack of gleaming silver bars. Their classic look has been a symbol of wealth and prosperity for ages. While they might lack the intricate designs of some coins, their simplicity is often their charm.

Disadvantages (if not using OWNx)

Resale Challenges: Unlike popular silver coins, which are easily recognizable, bars might pose some challenges during resale. Fortunately, all OWNx bars come with clear markings of authenticity to mitigate this.

Quality Concerns: The market is vast, and not all mints uphold the same quality standards. Some might cut corners, leading to bars that are less than perfect. It's crucial to purchase from reputable sources like OWNx to ensure the quality of your investment.

Types of Kilo Silver Bars

When diving into the world of kilo silver bars, you'll encounter two primary types: minted bars and cast bars. Each has its own advantages and unique characteristics.

Minted Bars: These are produced by cutting blanks from a sheet of silver and then stamping them with the desired design. They often have a sleek, polished appearance and might feature intricate designs.

Cast Bars: Produced by pouring molten silver into molds, cast bars have a rustic charm. They might not be as polished as minted bars, but they often appeal to those who appreciate their raw, unrefined look.

Popular brands like Scottsdale Mint and PAMP Suisse offer a range of kilo silver bars, each with its unique features. For instance, the PAMP Suisse logo is a mark of quality and authenticity in the precious metals world.

Investing in Kilo Silver Bars

When it comes to investing in precious metals, kilo silver bars offer a unique proposition. Here's a deeper dive into why and how to invest in these bars:

Comparison with Other Precious Metals

While gold often takes the limelight in the precious metals market, silver offers its own set of advantages. Silver is more affordable, allowing new investors to enter the market without a significant initial investment. Moreover, silver has diverse industrial applications, from solar panels to electronics, ensuring consistent demand.

Factors to Consider When Buying

Purity: Always ensure that the bar you're purchasing is of high purity, typically .999 fine silver. This ensures you're getting the best value for your money.

Reputation of the Mint: Brands like PAMP Suisse, Valcambi Suisse, and Scottsdale Mint have established themselves as leaders in the industry. Buying from reputable mints ensures the quality and authenticity of your bar.

Price: While kilo silver bars generally offer a lower premium over spot, it's essential to shop around and compare prices to ensure you're getting a good deal.

Storage: Consider how you'll store your bars. While they're convenient to stack, ensuring they're kept in a safe, dry place is crucial to maintain their condition. By using OWNx you can choose to take delivery of your kilo silver bar when it is most convenient and keep the equivalent value in our secure depositories until then.

OWNx makes it simple to add precious metals like 1 Kilo Silver Bars to your investment strategy.

FAQs

How Many Ounces Are in a Kilo of Silver Bar?

A kilo silver bar contains approximately 32.15 troy ounces of silver.

How Big is a Kilo Bar of Silver?

The size can vary slightly based on the mint and design, but a typical kilo silver bar measures about 4.5 inches in length, 2.5 inches in width, and 0.5 inches in thickness.

Should I Buy Kilo Silver Bars?

Kilo silver bars are an excellent investment for those looking to buy silver in bulk, offering a lower premium over spot and easier storage.

What's the Difference Between Minted and Cast Bars?

Minted bars are cut from silver sheets and stamped with a design, giving them a polished look. Cast bars are made by pouring molten silver into molds, resulting in a more rustic appearance.

Are Kilo Silver Bars a Good Way to Diversify an Investment Portfolio?

Yes, investing in tangible assets like silver can be a great way to diversify an investment portfolio, offering a hedge against inflation and currency fluctuations.

How Do Silver Bullion Bars Differ from Other Silver Products?

Silver bullion bars are primarily an investment product and are usually of .999 purity or higher. They differ from silver coins or jewelry in terms of their purpose, design, and sometimes tax implications.

Why Should One Buy Silver Bars Instead of Coins?

Buying a silver bar typically offers a lower premium over spot compared to coins. They are also easier to store in bulk and are ideal for investors focusing on the metal's intrinsic value rather than collectibility.

What Are the Advantages of Large Silver Bars Over Smaller Ones?

Large silver bars, like the kilo bars, often come with a lower premium per ounce compared to smaller bars. They are also more efficient for storage when investing in significant quantities.

How is Silver Purity Determined?

Silver purity is determined by its fineness, with .999 indicating 99.9% pure silver. The higher the number, the purer the silver.

What is a Silver Portfolio?

A silver portfolio refers to an investor's collection or investment in silver assets, which can include coins, bars, ETFs, or stocks in silver mining companies.

What Are Silver Nuggets?

Silver nuggets are naturally occurring pieces of native silver, often found in mining areas. They are unrefined and can vary in size and purity.

Why is Buying Silver Considered a Good Investment?

Buying silver is seen as a hedge against inflation and currency fluctuations. It's also in demand for various industrial applications, ensuring its value remains stable or grows over time.