100 troy ounces | 3,110 grams | .9999 Purity Silver
Sellback price: 1,660.65
From an investment perspective, 100 ounce bars carry a lower premium compared to coins and thus are a favourite among bullion investors. 100 ounce silver bars are also industrial products intended foremost as a storage means, and recognized around the world as a trading medium. Hence they are very liquid investments.
Royal Canadian Mint 100 Ounce Silver Bar
The Royal Canadian Mint 100 ounce silver bar are popular, weighing 3.11 kg, making it ideal for storage. Its flat, stackable design makes it easy to handle and suitable to be stored in safe deposit boxes.
The bar is also stamped with '999.9', indicating a fineness of 99.99%.
The Royal Canadian Mint silver bars are serially-numbered and are also stamped with the year of production.
They carry the hallmark of the Royal Canadian Mint, producers of the Canadian silver Maple Leaf coins, one of the most popular bullion coins in the world.
Originating from Ottawa, Ontario, Canada
Through the S.T.A.R. Storage program, customers can purchase these bars in multiples of five, which are then packed in a transparent, tamper proof, sealed bag called a 'parcel'.
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 Government of Canada. 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.
Length: 184 mm
Width: 81 mm
Thickness: 20.2 mm
Points computation: 1 bar = 100.00 points
Fixed Storage Fee
Fixed Storage Fee
|6 months||9.99 USD *||49.95 USD|
|12 months||19.98 USD *||99.90 USD|
|24 months||39.96 USD *||199.80 USD|
|36 months||59.94 USD *||299.70 USD|
|60 months||99.90 USD *||499.50 USD|
|Item||Cost Per Bar|
|Transfer-in and testing||11.52 USD|
* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.