Buying .999 fine silver bars is one of the most popular ways to invest in silver bullion, with 100-oz bars dominating the market. Of the various 100-oz silver bars produced, the Royal Canadian Mint’s are currently the most popular.
Ten-oz silver bars appeal to many investors because of their ease of handling. 1-oz silver bars appeal to investors who want greater flexibility when it comes time to convert them back to cash, but are not as readily available. 1-oz rounds tend to be preferred.
Popular 10-oz silver bars include the ones made by Sunshine Minting. Johnson Matthey and Engelhard are also well known for 10-oz silver bars, but neither of those brands are produced anymore. They trade extensively in the secondary market and fetch higher premiums as of late.
Other Silver Bars
Other silver bullion bars bearing less known hallmarks are often available. Some of them are no longer minted but show up in the secondary market from time to time; others are currently being minted but have not yet gained popularity.
Silver bars in IRAs
For silver bars to be eligible for IRAs, they must be at least .999 fine.
To learn more about setting up a self-directed IRA that accepts silver and silver products, read Putting Silver and Silver in IRAs.
How to buy silver bars
For more information about buying silver bars from CMI Gold & Silver Inc., see Doing Business with CMIGS. If you are interested in selling your silver bars (or silver bullion), visit selling silver and silver to CMIGS.
If you would like to discuss buying silver bars, call us at 1-800-528-1380. We take calls between 7:00 a.m. and 5:00 p.m. MST, Mondays through Fridays.
CMI has no minimum silver order. Silver bullion at discounted prices can often be found on our Silver Specials Page.