Cheapest Silver Bars

Shopping for Silver Bars

Premiums on silver bars are often much lower than coins because they are often manufactured by private mints. Government minted silver bars are available and command a higher premium in the marketplace for a variety of reasons.

There are many private mints plus a handful of governments that produce silver bars for investors that are top-of-mind of investors. Silver bars share a lot of the same characteristics as silver rounds and coins. Private mints produce many bellwether designs such as the Buffalo and Morgan Silver bars. Generic silver bars are one of the top precious metals investments because of the low premiums. Some investors are drawn to the unique designs available from popular private mints.

Silver bars are minted in various weights, sizes and shapes that are suitable as a store of wealth. The diversity of weight denominations and private mints can sometimes make it difficult to choose. Most investors choose a size that fits their budget and will make purchases at regular intervals.

By far, the most popular choices among silver investors include the 10 oz silver bar. Larger size bars, like Kilo silver bars and 100 oz silver bars, are becoming more popular due to their price point and wide availability. Generic or secondary market silver bars will typically have the lowest premiums over spot price.

Silver Bars are minted in a variety of sizes and weights

You can buy silver bars in a variety of shapes and sizes. Industry standard sized bars are measured in troy ounces and include 1 oz,5 oz, 10 oz, 1 kilogram and 100 oz. A large number of private mints manufacture silver bars in other sizes, including fractional silver bars.

It is common to find bars measured in grams when minted in countries that are standardized on the metric system. Popular metric size silver bars include 500 gram, 250 gram, 100 gram and 50 gram. Many of these come from private mints.