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Silver Bar 1000 Ounce
Silver Bar 1000 Ounce
Regular price
243,816.98 AED
Regular price
Sale price
243,816.98 AED
Unit price
/
per
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Description
1000 oz Silver bars are popular with silver investors and those seeking to own silver at low premiums and stored in secure vaults. They attract a much lower premium than smaller silver bars and coins and are particularly favored by pension, high net worth, family office and institutional clients. The silver 1000 oz bar weighs just over 31.1 kilos, containing 31,007.2 grams of pure silver if the bar is .999 fine. A .9999 silver bar contains only a tiny amount more silver at 31,010.0 grams so that investors do not distinguish between 0.999 or 0.9999 silver bars. GoldCore selects its 1000 oz silver bars carefully from a handful of highly regarded precious metal refiners. We only sell silver bars from refineries that are members of the London Bullion Market Association (LBMA), the industry body that regulates production standards for larger (100 oz and 1000 oz) silver bars. Buying 1000 oz Silver Bars is an easy and simple process. You can buy them online for Delivery or Storage using the BUY button or you can call our office to place your order over the phone. We sell Silver and all major silver bullion bar and coin products and you can pay by bank wire, by credit card or by debit card. We make a market in Silver bars and offer fully insured delivery to our American clients throughout the United States from our depository partner vaults in Delaware. Insured delivery of Silver bars to homes or offices is not hugely popular but some clients do occasionally take delivery of some of their Silver Bars and own the rest in Secure Storage. Most of our U.S. clients opt to store their Silver bars (particularly 1000 oz bars) in fully insured, offshore Secure Storage jurisdictions. We specialize in offering U.S. clients access to allocated and segregated bullion storage in secure non-bank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, London, and Singapore. The price of a 1000 oz Silver bar is shown in the upper right section of this page. The price of all silver bars is calculated using three components: The price of the bar is calculated by multiplying the spot price of silver by the quantity of troy ounces in the bar (1000oz in this case), and then you can either add or subtract the premium that is currently being paid for the bar. Silver bars are made in three different ways. Bars have a high-quality polished finish if they have been manufactured from larger silver sheets and then pressed and stamped by a minting process. A cast bar is produced by pouring molten silver into a mold or die which then cools. The assay mark and description are then impressed into the front of the bar. These bars have a traditional bar look to them. An extruded silver bar is made by heating silver metal and forcing it through a rectangular space. This creates a uniform length of the bar which is then cut and stamped with an assay mark. Silver minted bars are made from silver blanks. Minting bars mean that the bars look better - allowing for special designs. It is more expensive and requires a little more time and therefore means that minted bars have higher premiums and are usually seen in smaller silver bars (1 oz and 10 oz)

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