100 oz Silver Bars Overview
100 oz silver bullion bars combine the ability to store significant value with low premiums over spot. We carry bars from several popular manufacturers such as Johnson Matthey, Engelhard, and Ohio Precious Metals.
Johnson Matthey bars have the JM logo elegantly scrolled on each bar. Most, but not all JM silver bars also feature a unique serial number.
Royal Canadian Mint (RCM) is one of the few mints in the world that produce .9999 fine silver bars. Each bar is stamped to denote its .9999 fine silver purity.
Every Ohio Precious Mint silver bars display the company’s mintmark, the .999 purity, and the weight. Many of these silver bars have a coloration that is more of a matte silver than it is the lustrous, shiny silver you may be used to.
Engelhard silver bars have not been in production for years, however they still command a premium over other brands due to their popularity with investors.
If you have questions about these bars, please contact support.
Specifications
Silver content: 100 Troy Ounces
Purity: Varies from .999 to .9999
Diameter: varies
Thickness: varies
More silver bar delivery options:
10 Oz Silver Bar | 5 Oz Silver Bar | Kilo Silver Bar | 1000 Oz Silver Bar
Why invest in Silver Bars?
The allure of silver isn't just in its sparkling beauty. The intrinsic value of this precious metal has made it a staple in investment portfolios. Precious metals like silver serve as a robust shield against volatile market movements and economic downturns. And in this vast landscape, 100 oz silver bars offer an enticing mix of affordability and tangibility.
Silver vs. Gold: Often regarded as siblings in the precious metals industry, silver and gold have always been compared. Though gold does hold a special status, silver's affordability and industrial demand make it a choice pick for many investors. With industries worldwide vying for silver, its demand is only set to soar.
100 oz Silver Bar Detailed
Weighing approximately 6.25 pounds, it's a hefty piece of wealth. Top-tier mints like the Royal Canadian Mint and Johnson Matthey are behind the production of these bars, offering a guarantee of their authenticity and metal content.
Stamped proudly with details of weight, purity, and often a unique serial number, these bars serve as an assurance to investors. The very feel of holding so much wealth in hand is unmatched. However, it's essential to ensure you're investing in a bar stamped with '999' or higher, indicating its pure silver content.
Pros and Cons of Investing in 100 oz Silver Bars
As with any investment, there are pros and cons to consider:
Pros:
- Economic Efficiency: With a lower premium over the silver spot price, these bars offer excellent value for money.
- Storage Simplicity: Instead of juggling numerous smaller bars, a few large bars can be more straightforward to store.
- High Demand: Their popularity ensures they're always in demand, especially in the secondary market.
Cons:
- Liquidity Concerns: Selling one big bar can sometimes be more challenging than multiple smaller units, but that’s not the case with OWNx. We make selling as simple as buying.
- Safety First: Such a significant investment requires heightened security measures. If you store it at home you should invest in a safe and take the right precautions, but if you buy and store with us, your silver is safe and ensured in our secure non-bank depositories.
100 oz Silver Bars Buying & Storing Tips
Your journey with a silver bar begins long before you push the buy button. First, understanding the silver spot price is crucial. This price, subject to fluctuations, will guide your purchase. And remember, prices will vary based on several factors, from global demand to production costs.
Post-purchase, your next hurdle is shipping and storage. Fortunately, OWNx offers both storage and shipping options. If you opt for shipping, we’ll send you your 100 oz silver bar insured and in discreet packaging.
Conclusion
Investing in a high ounce silver bar isn't just about adding a shiny object to your collection. It's about the future, security, and the promise of a metal that has stood the test of time. While there are challenges to consider, the sheer joy of owning such a significant piece of silver wealth is unparalleled.
FAQs
Should I Buy a 100 oz Silver Bar?
If substantial, tangible investments are what you're after, a 100 oz silver bar is a worthy contender.
How Many Pounds Does a 100 oz Silver Bar Weigh?
This silver bar, being equivalent to troy ounces, tips the scales at around 6.25 pounds.
What Are the Differences Between Bullion Bars and Coins?
While both represent tangible investments in precious metals, bullion bars are typically larger, often traded in weights like 100 oz, and might carry a lower premium over the spot price. Coins, however, are more collectible and can sometimes fetch higher premiums due to design, rarity, and demand.
What Makes Silver a Sought-After Investment Option?
Its dual role as a precious metal and an industrial commodity ensures steady demand. Moreover, the affordability of silver compared to gold allows many to invest in larger quantities.
Is a Bank Wire a Safe Payment Method When Purchasing a Bullion Bar?
Yes, a bank wire is often one of the most secure and preferred methods for large transactions, including the purchase of silver bars. Ensure you're dealing with a reputable seller to safeguard your investment further.
How Can I Sell My 100 oz Silver Bar?
OWNx makes it easy when you securely store your silver with us. Just login to your account, select the option to sell and we credit your account. It’s that easy.