Product Details

Silver Perth Mint Bar - 1 kg

32.15 oz | 1,000 grams | .999 Purity Silver

Perth Mint Silver Bar - 1 kg
#1 By Popularity
138,634 oz sold

As low as

578.90 USD

Tier USD
Tier 1 591.76
Tier 2 588.55
+47 bars
Tier 3 585.34
+94 bars
Tier 4 582.12
+156 bars
Tier 5 578.90
+312 bars

Sellback price: 518.46

  • Successfully added!

    In-Stock: 5 bars

    Store In Our Vault

    In-Stock: 10 bars


Investment Advantages

From an investment perspective, 1 kg bars carry a lower premium compared to coins and thus are a favorite among bullion investors. 1 kg Silver Perth Mint bars are recognized around the world and are very liquid bullion investments.

 

Perth Mint 1 kg Silver Bars

 

These 1 kg bullion bars are refined and minted by the Perth Mint, which is wholly-owned by the Government of Western Australia. The Perth Mint as been operating since 1899 and is one of the best known names in silver and gold bullion. The Mint also produces governmental legal tender silver koala, kookaburra and lunar coins. Perth Mint bars are recognized and accepted throughout the world.

All our Perth Mint bars are shipped directly from the Mint.

Specifications:

Design: The finishing is smooth and refined. The bars can be neatly stacked for efficient storage. Perth Mint bars are stamped with the Perth Mint logo and a stamp indicating weight (1 kg), metal content (silver) and purity (99.9%).

About Certificates:  It is an industry standard that Silver Bullion investment bars do not come with separate paper certificates. The mint logo, purity, weight and material is the inseparable certificate whose accuracy is, in this case, guaranteed by the Australian Government.  Thus the source and reputation of the mint is the important factor to make a bar a liquid exchange medium.

Thus, for example, a separate paper "certificate" issued by an unknown or little known foundry which repeats the information shown on a bar would be redundant and meaningless. The common exception are higher premium limited edition numismatic or gift items whose certificated are used to specify than only an X number of items were produced.

Storage Relevant: Approximate size: 99mm x 49mm x 22mm. These bars can be stacked efficiently for storage.


Pricing Details:

Points computation: 1 bar = 32.15 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/Troy Oz
(USD)
Percentage
Over Spot
Buy/Sell
Spread
1
-
591.76
0.592
18.41
11.51%
12.39%
2
1500
588.55
0.589
18.31
10.91%
11.91%
3
3000
585.34
0.585
18.21
10.30%
11.43%
4
5000
582.12
0.582
18.11
9.69%
10.94%
5
10000
578.90
0.579
18.01
9.09%
10.44%

Storage Fees

Duration Fixed Storage Fee
Per Bar
Fixed Storage Fee
Per Parcel
6 months 3.37 USD * 16.84 USD
12 months 6.73 USD * 33.67 USD
24 months 13.47 USD * 67.35 USD
36 months 20.20 USD * 101.02 USD
60 months 33.67 USD * 168.36 USD

Other Services:

Item Cost Per Bar
Transfer-in and testing 5.29 USD

* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.