20 troy ounces | 622 grams | Silver Bullion Bar
Sellback price: 303.90
From an investment perspective, 20 oz bars carry a lower premium compared to coins and thus are a favorite among bullion investors. 20 oz silver Perth Mint bars are recognized around the world and are very liquid bullion investments.
Perth Mint 20 oz silver bars
These 20 oz 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.
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 (20 oz), metal content (silver) and purity (99.9%).
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 soecify than only an X number of items were produced.
Note: These bars might have small scratches or slight aesthetic imperfections due to the manufacturing process.
Points computation: 1 bar = 20.00 points
Fixed Storage Fee
Fixed Storage Fee
|6 months||2.05 USD *||10.26 USD|
|12 months||4.10 USD *||20.51 USD|
|24 months||8.20 USD *||41.02 USD|
|36 months||12.31 USD *||61.53 USD|
|60 months||20.51 USD *||102.55 USD|
|Item||Cost Per Bar|
|Transfer-in and testing||3.25 USD|
* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.