Silver bars are a great way to conveniently buy, store, and transport high volumes silver. There are many different configurations of Silver bars. The most popular configurations are:
- 1 Oz Silver Bars
- 10 Oz Silver Bars
- 100 Oz Silver Bars.
- 1000 Oz Silver Bars (Mostly used for exchanges, not seen very commonly.)
Bars are a great way to invest in Silver because they minimize the premium you pay for their creation, storage and transport. By aggregating the amount of Silver you’re looking to buy into one entity, you can more easily store, transport and sell your silver. For example, selling a 100 Oz bar is going to be easier than selling 25 Silver Maples, 50 American Eagles, and 25 Austrian Harmonics.
Obviously, the more silver you buy at one time, the more you need to make sure you’re buying from a reputable and trustworthy distributor.