What is the weight of the silver gram bars?
Silver gram bars are a popular choice for investors and collectors alike, as they are a cost-effective way to acquire silver bullion given their compact size. Silver gram bars are a popular form of silver bullion, with sizes generally ranging from 1 gram (1g) to COMEX 1000 Troy ounces (about 31103.5 grams). One gram is equal to around 0.0321507 Troy ounces; one Troy ounce is around 31.1034768 grams. In addition to these sizes, kilogram (1000 grams) silver bars are also available, offering a substantial quantity of silver in a single piece, ideal for larger investments.
In the gram sizes of silver bars, there are a number of common options including 1g, 2.5g, 5g, 10g, 20g, 50g, 100g, 250g, and the sizable kilogram (1000g) bars. The kilogram bars are particularly valued by serious investors due to their significant weight and value.
What is the Purity of the Silver Gram Bars?
Silver gram bars are typically made of .999 fine silver (three-nines), meaning that they contain 99.9% pure silver. Some silver bullion bars, no matter their size, also come in .9999 fine silver (four-nines) meaning they contain 99.99% pure silver. One-gram silver bars come in either poured or minted versions, with the minted versions being the most common.
Who Makes Silver Gram Bars?
Silver gram bars are produced by a variety of mints and refineries around the world, including the Royal Canadian Mint (RCM), the Australia Perth Mint, PAMP Suisse, Sunshine Minting, Geiger Edelmetalle, Valcambi, Germania Mint, US Mint, Austrian Mint, New Zealand Mint, British Royal Mint, Scottsdale Mint, Istanbul Gold Refinery (IGR), and Asahi (formerly the Johnson Matthey Refinery).
Type of Silver Gram Bars
Silver gram bars are often stamped with the weight and purity of the silver, as well as the mint or refinery that produced it. One-gram silver bars tend to have designs to entice collectors and investors to buy. Among these unique offerings are silver building blocks, which are crafted to resemble popular toy building bricks but are made entirely of silver. These creative silver pieces cater to both investors and collectors who appreciate a playful approach to silver bullion. However, the design and the brand name are not likely to bring more profit than the melt value of the silver bullion bar itself.
Some one-gram silver bar designs include Lady Fortuna, Lady Liberty, Walking Liberty, The Statue of Liberty, Native American Indian head, American Buffalo, American bald eagles, Queen Elizabeth II, Schloss Güldengossa, Canadian Maple Leafs, Chinese Lunar Calendar animals, Mexican Aztec designs, Australian kangaroos, Morgan dollar design, a fox, a wolf, a state flag, a skull, a pirate ship, playing cards, a country flag, and other U.S. silver coin designs.
Silver gram bars are typically sold in sealed plastic packaging to protect them from damage and tarnishing. This assay packaging helps verify the genuineness of the silver purity and quantity, as well as keeping the image design clean and visible.
Historical Price Performance of Silver Gram Bars
If a person purchased a one-gram silver bar in 2003, when silver prices averaged around $4.88 per Troy ounce, that gram may have cost less than $1, closer to $0.16 before premium - maybe even less than $0.25 (a quarter of a dollar, or twenty-five cents). Today, if the silver ounce price is around $23 per Troy ounce, that 1g silver bar would be a minimum of $0.74 (seventy-four cents). On a small scale, this is not much of a return on investment, but for a serious collector, silver stacker, or investor, on a large scale this is serious profit.
How to Purchase Silver Gram Bars
When purchasing a one-gram silver bar, it is important to know the current spot price and to only deal with a reputable online dealer or company. This way, you know how much silver is at the time of purchase to know if you are getting a good deal or not, and to be able to trust the company you are dealing with to ensure you receive the product you paid for.
Where to Buy Silver Gram Bars
If you're looking for where to buy silver bars or where to buy junk silver, you're looking for Money Metals Exchange, we have been in business since 2010 while maintaining an A+ rating from the Better Business Bureau (BBB) and receiving thousands of 5-star reviews from satisfied customers all over the United States of America.
If you have any questions (FAQ) about a one-gram silver bar, other sizes of silver bars, placing an order, payment options, product information, or anything else, please contact our friendly customer service representatives or our precious metals experts. You may call us at our phone number during normal business hours, Mon-Fri: 1-800-800-1865
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