10 oz Monex Silver Bars

Yes. Each Monex 10 oz silver bar contains 10 troy ounces of .9999 fine silver and is hallmarked to certify both weight and purity. The bars are produced in the United States to consistent quality standards.

Yes. Each bar bears the Monex hallmark and a well-known refinery hallmark certifying its weight and purity. The Monex name and .9999 fine silver designation are struck directly into the bar.

Monex 10 oz silver bars are produced to a higher purity standard than most silver bullion, .9999 fine silver compared to the .999 standard common among other bars and coins. Originally created as a customer gift more than a decade ago, the bar was released for public purchase in 2023 after years of customer demand.

Monex 10 oz silver bars are manufactured in association with a leading market maker and produced in the United States. Each bar is stamped with the Monex hallmark along with the manufacturer’s refinery hallmark certifying its weight and purity.

Yes. Monex buys and sells investment-grade silver bars, even if they weren’t purchased through us. Call an Account Representative for a current bid (subject to market conditions). After your bar is received and verified, settlement is issued promptly.

Monex 10 oz silver bullion bars are available for sale online or by contacting one of our knowledgeable Account Representatives.

Monex account representatives are available between 5:30 a.m. and 4:30 p.m. Pacific time each Monday through Friday (except national holidays) and on many weekends.

Placing Orders by Phone:

Once you have decided on the quantity of silver bars to purchase, your Monex account representative will assist you in executing your order over the phone. Upon your acknowledgement, your selected purchase and silver price will be confirmed on a voice-recorded line, and a written confirmation will be sent to you with the details of your order.

Payment may be made after you place your order, but it must be initiated on the same day of purchase, which means you must mail or wire funds on the same day as your transaction. You can have your metal shipped to your home, made available for pickup at over 30 facilities across the U.S. and Canada, or have your metal delivered to a bank or depository for storage.

No. Silver bar purchases are not reported to the IRS. Reporting requirements may apply when metals are sold back to a dealer under certain conditions.

Investors should consult a tax professional for guidance, as reporting thresholds and requirements can vary.

Monex has been a trusted name in the precious metals industry for over 50 years, and the Monex hallmark reflects that reputation. Combined with a .9999 fine silver purity standard that exceeds common bullion benchmarks, these bars are readily recognized by dealers as a quality investment-grade product.

Yes, the Monex 10 oz Silver Bullion Bar is eligible for Precious Metals Individual Retirement Accounts (IRAs), allowing you to add silver to your retirement portfolio for potential tax advantages and wealth preservation.

Monex works with IRS-approved custodians that specialize in self-directed precious metal IRAs. Your Monex account representative can help guide you:

1. Open or transfer a self-directed IRA with an approved custodian.
2. Fund the account through a contribution, transfer, or rollover.
3. Select the IRA-eligible products you want to purchase.
4. Authorize delivery directly to the IRA depository.

All purchases for IRAs are titled in the name of the custodian on your behalf, and your metals are stored in an approved depository under your IRA account.

As a commodity, the price of silver fluctuates from minute to minute throughout the day and from day to day throughout the week. The current price of silver is the result of all buyers and sellers across the globe meeting at transaction prices, according to combined supply and demand forces. The availability of silver supplies from mines, scrap recovery, government stockpile disposals, and investor liquidations, versus demand from industrial uses, jewelry, and silverware fabrication, as well as investor acquisitions, is the primary driver of silver’s worldwide market prices.

Today, the factors most notably influencing silver prices are:

1. The unparalleled degree of geopolitical uncertainty makes silver an exceptional investment alternative.
2. Ever-increasing industrial uses due to silver’s unique reflective and conductive properties, especially in batteries and electronics.
3. Growth in demand for medical applications using silver as a more organic antibiotic agent for germicide and disinfectant purposes.
4. The loss in silver demand from the declining film photography sector. However significant, declining photography demand is partially replaced by incredible demand from electronics as film’s replacement.
5. One sector with exceptional potential is the ‘photovoltaic’ necessity of silver in solar panels, which could see phenomenal global growth.

Monex strives to offer competitive pricing for all their precious metals products. To learn about the current pricing and Monex's price guarantee policy, please visit their website or contact their customer service team.

Whether you choose to have your metal delivered to your home or stored in a depository custodian's vault, the option is yours. Monex can arrange for investors to store unlimited amounts of silver in a secure third-party depository, such as Brinks or any other depository we work with.

In addition to the gained comfort and satisfaction of knowing that your investment is safely guarded according to industry standards, stored metal provides the benefit of being able to liquidate your investment quickly. You may direct Monex to ship your fully paid metal investment at any time.

Almost every investment in physical metal is unique. For this reason, calculating shipping timing for a unique silver purchase is not a universal answer. The delivery of your metal is dependent on a variety of factors, including the quantity of metal, the time of your purchase, and other relevant details.

On average, physical metal will leave the shipping facility two to five days after confirmed, reliable good funds are received. Upon receipt of payment and confirmation of reliable good funds, Monex will direct one of its independent shipping facilities to package and assign it to either USPS or UPS for delivery. You will then receive an email or a telephone notification of your shipment’s tracking number.

During periods of extremely high shipping volume, you will be notified if any delays are anticipated. Call a Monex account representative to learn more about estimated shipping times for your unique investment.

Silver shipments are typically insured by the carrier in transit until delivery is confirmed. Metals stored through approved depository arrangements are subject to the terms and protections of the storage program.