Did you know that the global silver market is worth $31.2 billion? This shows how popular silver is for investing. You can also add silver bullion to your investments. The 1 troy ounce .999 fine silver bar is a great start.
At SD Bullion, I sell real 1 troy ounce .999 fine silver bars at great prices. Buying is safe, and we ship fast in the USA. Silver is good for portfolio diversification. It’s used in many areas and seen as valuable as gold for trading.
Many investors and those preparing for the future choose 1 oz silver bars. They want to add value to their portfolio. They prefer silver because it keeps its value well.
Getting 1 oz silver bars is an affordable way to invest in silver. It’s better than buying a lot at once. They are easy to keep and move, and they cost less than silver coins.
Introduction to 1 Troy Ounce Silver Bars
For those into investing in precious metals, knowing about troy ounce, silver bar weight, and precious metals weight is key. Let’s explore why 1 oz silver bars are top-notch for those looking for silver investment advantages.
What is a Troy Ounce?
A Troy ounce (t oz) stands as the key weight for precious metals, eclipsing a standard ounce. It’s around 31.1 grams, coming from the town of Troyes in France. There, in the 16th century, they set the weight of silver to 480 grains of barley.
Unlike everyday items, precious metals and gems are measured mainly in Troy ounces. One Troy ounce silver bar is about 0.0685714 pounds. It’s 0.0311035 kilograms, 1.09714 standard ounces, or 31.1035 grams. So, Troy ounces are roughly 10% heavier than the regular ounce.
Benefits of Investing in 1 oz Silver Bars
1 oz silver bars make it simple to start investing. They are easy to handle, move, and don’t require a lot of money upfront. This makes them a favorite for those into silver bullion investment.
With 1 oz silver bars, you can build up your silver collection a little at a time. They are easier to keep and carry than 1 oz silver coins. Plus, they can save you money in the long run.
Purity of 1 oz Silver Bars
Investing in silver means paying attention to the metal’s purity. Various levels of purity are available, each used for different reasons. It’s important to know about these to make smart investment choices.
.9999 Fine Silver
“Four Nines” stands for silver that’s 99.99% pure or .9999. These bars cost a bit more but are very popular for their ultra-high purity. They are often used in special precious metals IRAs.
.999 Fine Silver
99.9% pure silver is called “Three Nines” or .999. This level is the most common and gives a great balance between price and purity. It’s perfect for those looking to increase their savings over time.
.925 Sterling Silver
925 silver, or sterling silver, is 92.5% pure. It’s mostly used for jewelry or accessories because it’s harder and more durable. An excellent choice for objects beyond just investing.
Types of 1 Troy Ounce Silver Bars
The world of silver investment offers many choices, from poured silver bars to minted silver bars. Each type is favored by those who love precious metals.
Poured Silver Bars
Poured silver bars, or cast silver bars, start by pouring silver into a mold. This process creates a bar with a unique shape. Though they look different, the weight and purity are always the same. These bars feel soft, look textured, and have curved edges.
Minted Silver Bars
Minted silver bars are made by pressing silver sheets. They end up with sharp details and a smooth surface. Every minted bar in a series is exactly the same, showing the mint’s name and logo. These bars are solid, with straight edges, and a perfect appearance.
Popular Designs of 1 oz Silver Bars
Looking to buy silver? The look of the silver bars matters too, not just the weight and purity. Many love the unique designs of 1 oz silver bars for this reason.
SD Bullion Proclaim Liberty Bar
SD Bullion shares a silver bar that stands for freedom. It shows the Liberty Bell and a Constitution scroll. This bar, known as the SD Bullion Proclaim Liberty silver bar, is crafted by SilverTowne. It was the first to get approval for a precious metals IRA. At SD Bullion, it’s a special piece.
Perth Mint Kangaroo Bar
In Australia, Perth Mint shines with its Kangaroo silver bar. Known for quality, the Perth Mint Kangaroo silver bar is stunning. It shows the mint’s commitment to making top-notch silver bar designs.
SilverTowne United States Flag Bar
SilverTowne is a top name for rare coins and precious metals. Their SilverTowne United States Flag silver bar is about patriotism. It features the American Flag on the back. You get a piece of 0.999 pure silver and show your love for the U.S.A.
1 troy ounce silver Bars vs Coins
When people think about silver bars vs silver coins, the topic often comes up. Choosing between silver bars vs silver coins is not always easy. One big point is that buying silver bars is often cheaper. For the same amount of money needed for a roll of 1 oz coins, you can get an extra ounce of silver in bars.
This means buying 1 oz silver bars can be a smarter choice financially. Usually, the price difference between bars and coins works in favor of bars. So, those who want to get the most silver for their money might lean towards bars.
Ease of Storage and Transportation
Silver bars win points for being easy to handle and move. They are slim and can be stacked neatly. This lets you store more silver in a small space. Plus, they’re light, which is great for people who value how easy it is to manage their silver stash.
Compared to 1 oz coins, silver bars are much easier to deal with. They’re simpler to stack and carry. Because of this, they’re a top pick for those looking to amass a large silver collection. The simplicity of dealing with silver bars is a big plus for many investors.
Top Silver Bar Brands and Mints
Investing in physical silver means choosing reputable mints or refineries for your silver bars. The top names in the industry include the Royal Canadian Mint, the Perth Mint, and the Sunshine Mint.
Royal Canadian Mint
The Royal Canadian Mint is a world favorite for its high-quality 1 oz Royal Canadian Mint silver bars. On average, they mint about 50 million of these bars each year. This makes them one of the top producers of silver bullion.
Perth Mint
The Perth Mint comes from Australia and is also a top contender. They create around 10 million Perth Mint silver bars annually. Their bars are known for their exceptional quality and unique designs.
Sunshine Mint
In America, the Sunshine Mint is a well-respected facility. They produce about 5 million Sunshine Mint silver bars every year. This makes them a steady choice for those looking to invest in silver.
Investing in Silver for Portfolio Diversification
Silver is a wise pick to diversify your portfolio. It’s used in many industries and is valued highly. It’s seen more widely as a form of currency than even gold.
With economic uncertainties, many seek safe ways to keep their money for the future. It’s crucial for ensuring your family can handle unexpected money issues well.
Buying physical silver, like 1 oz silver bars, can help spread your investment risks. It also guards your wealth when the economy is unpredictable.
Buying 1 oz Silver Bars Online
Investing in silver? Buying 1 oz bars online is smart. At SD Bullion, we have top-quality 1 troy ounce .999 fine silver bars. They are sold at unbeatable prices. We offer secure online ordering and fast, reliable shipping in the US.
Competitive Pricing
The silver price is updated every 60 seconds on our site. To know the right price, add the silver spot price to the merchant’s premium. This total is what you’ll pay.
Secure Online Ordering
Feel safe ordering with us. Our secure online ordering keeps your details safe. When you buy silver bars online from us, your information is secure.
Fast Shipping Across USA
Our quick and trustworthy shipping means your silver bars arrive fast and safe. We deliver your investment to you across the United States.
Silver Spot Price and Premiums
The silver spot price changes every 60 seconds at SD Bullion. It sets the base price for our silver products. To know your final price, add the silver bar premiums to the spot price. This way, you can see the total cost of 1 oz silver bars easily.
The rates for 1 oz silver bullion items on our site are from various online dealers. We update them all day. This means you’ll get the best prices for your silver investments.
Storing and Protecting Your Silver Investment
1 oz silver bars are great for keeping your silver safe. They are small, stackable, and save space. This means you can fit more in the place you store them.
They are also light and easy to move. So, your silver stays safe wherever you take it. For extra safety, keeping them in an Air-Tite Case is a good idea.
This special case keeps your silver in good condition. It also makes them easier to find. We’ve covered how easy it is to keep your silver safe and in good shape.
Conclusion
In conclusion, 1 troy ounce .999 fine silver bullion bars are a smart move for those who want to diversify. They are great for saving money, easy to keep and move, and come in various designs from top mints. For example, the Royal Canadian Mint, Perth Mint, and Sunshine Mint make them.
Buying these 1 oz silver bars online from a trusted place like SD Bullion means getting good prices, safe orders, and quick delivery in the USA. No matter if you’re experienced with precious metals or just getting started, these bars help you build a solid portfolio. They protect your money when the economy is unpredictable.
To sum up, 1 troy ounce .999 fine silver bullion bars are perfect for making your portfolio diverse and keeping your wealth safe. Their low cost, easy handling, and various designs make them a valuable part of any investment plan.
