1,000-oz Silver Bullion Bars
Large .999 Fine Silver Bars
One thousand ounce .999 fine silver bullion bars offer investors silver bullion at the lowest markups over spot. 1,000-oz silver bars are the sizes smelters pour as silver ore is refined. After the bars cool, the refineries weigh the silver bars and stamp the weights on them. 1,000-oz silver bars usually weigh between 930 ounces and 1080 ounces. Rarely do 1,000-oz silver bars weigh exactly 1,000 ounces.
1,000-oz Silver Bars are Hallmarked,
In addition to their weights, 1,000-oz silver bars have their refineries' hallmarks and the bars' purity (.999 fine) stamped on them. The average person would not know most hallmarks put on 1,000-oz silver bars, but the silver bullion industry readily recognizes hallmarks.
One thousand ounce Bars for IRAs
delivery of the .999 fine silver should go with 100-oz .999 silver bars or 1-oz .999 silver rounds, both of which are easier to handle and store. A 1,000-oz silver bar weighs about 70 pounds on a bathroom scale, whereas a 100-oz silver bars weigh 6.86 pounds.
If you would like discuss the merits of the various forms of .999 fine silver bullion, call us.
