1 oz Silver Bar (Best Value)

Buy 1 oz silver bar from the secondary market is the most cost effective way to buy physical silver ! This 1 ounce silver bar is available at a lower price compared to brand new bars. Still like newly minted silver bars, it contains 99.99 % fine silver, indicated by the hallmark 999.9.

Some investors may be hesitant to buy silver bullion bars which have already circulated. Although these bars have been previously owned, they remain as good as new bars. “Previously owned” does not mean that the quality of the metal is any less. As long as they are well conserved, they retain their bullion value.

GerrardsBullion reviews strictly all the bars that come from the secondary market before to put them for sale. This is to ensure that the bars have their full weight, fineness and come from LBMA approved refiners. As a result, you have the guarantee to buy 1 oz silver bar of the best quality at the lowest price possible.

Please note that silver bars are subject to a 20% VAT rate.

Design of the 1oz Silver Bar (Best Value)

A lot of private and sovereign mints produce silver bars for sale. Silver bars can have varying designs, from mint-branded to those which bear some of the most beautiful design in the world. Silver bars come with a lot of different finishes and appearances. They can be in the following forms:

• Cast: this is the iconic and classic appearance of a silver bar. It simply refers to a bar which has been created by pouring silver into a cast mould and letting it cool.
• Minted: silver bars manufactured like this originate from long cast bars that run through presses that stamp and cut the bars into specific sizes with precision. These bars have elegant visuals and refined design elements.

Why buy 1 oz silver bar ?

The 1 ounce silver bar is one of the most popular product in the silver investment market. It offers many benefits:

Firstly, they enable to divide your precious metal portfolio in smaller portions. This is convenient when it comes to resell. You can easily release part of your holdings, as opposed to selling one large bar (eg: kilo) in one go.

Secondly, ounce silver bars are easier to store. Larger-weight bars will require more space and will be harder to carry with you. On the other hand, silver coins will be harder to stack.

Investors continue to buy 1 oz silver bars because of previous reasons. In summary, greater flexibility and easier storage are the main reasons to choose 1 oz silver bars instead of silver coins.

Buy silver bars vs silver coins ?

One of the benefit of silver bars is the range of weights and sizes available. Silver bars are available in both Grams and Troy ounces. Gerrards offer silver bars ranging from 100 troy ounces to 1 troy ounce from LBMA manufacturers. One of the most popular is the 1 kilo silver bar from Metalor. Although all ounces silver bars contain the same quantity of metal (31.1035 grams), prices differ depending on the brand.

When you buy silver bullion bars, the price includes distribution, fabrication and nominal dealer fees. As opposed to 1 ounce silver coins, silver bars do not carry a premium.

Why invest in silver ?

Although millions of investors consider gold as the main precious metal for investment, silver plays also an important role in a bullion portfolio. Buy silver bars is a great way to balance your portfolio and protect your purchasing power. In fact, the price of silver is not subject to the volatility that affects stocks and bonds. Therefore, it is a physical asset that helps to hedge against inflation during economic downturns.

A lot of investors have turned to silver because its affordability. But also because of the increasing demand for the precious metal. Many industries take advantage of its properties for industrial and technological uses. From bullion investment, photovoltaic cells to electronic components and silver-embedded medical equipment, the use of silver continues to grow. The last two sectors cited accounts for more than 50 % of the total demand for physical silver. As the market for silver expands, many believe the Silver price per ounce will rise in the future.