Cheapest Silver Bars

Cheapest 5 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.

A variety of private mints produce five ounce silver bars for investors. They make an excellent choice as a gateway to stacking silver. Buying silver in bulk allows for great opportunities for lower premiums.

There are a variety of methods used in manufacturing 5 oz silver bars. A few popular private mints continue to mint traditional style die-pressed silver bars with generic designs.

An expanding variety of manufactures are coming to market with cast or poured 5 oz silver bars. Although often unique in appearance, these bars are pretty uniform in size and shape and can be easy to stack at the back of the safe.

5 oz Silver Bar at Spot Price

There is currently one 5 oz silver bar at spot price deal offered from SD Bullion for new customers.

Storing 5 oz Silver Bars

Five ounce silver bars come in various shape and some may be thicker or thinner than others. They can be easily stored at home alongside other valuables.

Some people like to have each of their silver bars in a Direct Fit Air-Tite Capsule. In general, bullion precious metals don't require any special handling or storage.

How much is a 5 oz bar of silver worth today?

Based on today's silver spot price, each 5 oz silver bar has a melt value of $118.20.