Once an investor is attracted to the benefits of owning silver, with its unique properties, essential uses, monetary purposes and historic price behavior, the objective is to gain more pure silver at the best price. The bottom line? Don’t pay more (or less) for silver. Discussed here is what the “best silver price” can mean for a typical silver investor.
For most investors, size and value are the obvious places to start when researching the best silver prices. Although the cheapest highly-tradable pure silver is the 1000 oz bar, its 70-pound size makes it just too heavy and simply too much value for the typical silver investor. 1 oz silver bar and 10 oz silver bar prices are much higher per ounce, and too small in value for serious silver bullion investors, considering the price of 3 silver ounces is similar to one large tank of gas. The price of 100 ounce silver bars falls in between – not too large and not too small – or what we refer to in the industry as the Goldilocks of bullion bars. They offer significant value that is small enough to handle and large enough to easily count, stack, and fit in secure safes.
In recent decades, the prices of 100 ounce silver bars have been close to the value of one ounce of gold, making this silver piece an attractive value for the typical investor. Historically, however, the 100 oz silver bar prices have been valued closer to 3 or 4 ounces of gold, revealing the present price advantage of a 100 oz silver bar over a 1 oz gold coin. In other words, 100 oz silver bars have become relatively undervalued in terms of gold, suggesting advantageous prices and profit opportunities.
The price of every 100 oz silver bar is determined by the price of its pure silver, and premium driving factors such as packaging, meaning size, shape, purity, brand, finish, distribution source, and possibly others. The optimal silver price should not be less than the cost of reaching the investment objectives of the typical investor. Typically, these objectives include investing in a product with a widely recognized hallmark, peace of mind in acquiring said investment, and access to market insight support. Dirt-cheap silver might miss the mark.
To compare 100 oz silver bullion bar prices, one must not only consider the exchange of cash for 100 ounces of silver but the selling source’s reputation and the reliability of the hallmark on the bar. It is not a secret that Engelhard brand bars have been counterfeited and lead-filled. A secondary market bar, whether lacking a prestigious hallmark or not, if not acquired through a longstanding dealer may be cheap silver . . . too cheap indeed. A few pennies per ounce saved does not generally compensate for the objectives of a typical silver investor making a serious investment decision.
With billions of dollars in transaction volume, a two-way buy/sell market and consistently competitive prices, Monex remains a preferred source for physical silver investments. Monex silver bars are available by contacting one of our knowledgeable Account Representatives or for sale online. Contact a Monex account representative today and learn more about the features, advantages and benefits of investing in 100 oz silver bullion bars.
Silver: Journey to the Mint The United States Mint prides itself on sourcing silver in a variety of ways, however never at the expense of purity. The Mint’s stringent requirements demand no less than .999 fine purity. This quality standard ensures that every coin produced by the Mint is not only aesthetically pleasing but also more…
The Predecessors to the American Silver Eagle The Mexican Libertad, introduced in 1982 and minted every year since its inception, holds the title of the first contemporary .999 fine silver bullion coin. Adorned with national symbols and the Angel of Independence, this coin features a rich and meaningful design. In contrast, the earlier Onza, which more…
Want your kit sooner?
Faster delivery
is available by phone.
800-444-8317
Faster delivery is
available by phone.
Gold 
