Cheapest Silver Bars

Cheapest 10 oz Silver Bars

Premiums on silver bars are typically far lower than those of coins because most are manufactured by private mints with lower overhead costs. Government minted silver bars are available and command a higher premium in the marketplace for a variety of reasons.

Silver ingots share many of the same characteristics as silver rounds. 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 they have the lowest premiums. Some private mint silver bars have been produced with the same design for decades, others are drawing in investors with fresh new designs.

Mint Bars of silver come in an array of sizes or weights 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.

Stacking 10 oz Silver Bars

A typical ten ounce silver bar is roughly the size of a deck of playing cards. This size and shape makes 10 oz silver bars ideal for stacking.

The Stacker series from Scottsdale Mint are engineered with a hidden recess in the reverse side that allows each bar to stack together in an interlocking way, making them popular with investors looking for uniformity.

Generic silver bars that are pressed have similar physical dimensions, such as those from Silvertowne Mint.They are available with numerous familiar designs that are based on old numismatic coins and others related to history.

10 oz Silver bars are one of the lowest priced bullion investment products. They offer a way to purchase incrementally and allow you to quickly grow the ounces in your stack.

Strong investor demand has led to a few government mints producing fully guaranteed and backed silver bars. Offerings from the Royal Canadian Mint, The Royal Mint and the Perth Mint are frequently stocked with many online dealers.

How much is a 10 oz bar of silver worth today?

Based on today's silver spot price, each 10 oz silver bar has a melt value of $236.50.