Product Details


Royal Canadian Mint launched the 10 ounce silver bar in 2014 to meet customer demand for smaller sized bars.

These bars are one of the few 10 oz bars produced by an LBMA member making them tax free in Singapore and, when purchased in bulk, these bars come in black mint boxes similar to the yellow Maple Leaf Coin boxes. 

The bars also feature serrated edges, and are individually heat sealed in Thermotron.In addition, each bar has a distinct serial number etched on it. One mint box contains 50 of these bars, a total of 500 troy ounces is packed in one of these boxes. 

The Royal Canadian Mint 10oz Silver Bars can have a serial number starting with either 88XXXXXXX or 99XXXXXXX. Bars with a serial number 88XXXXXXX are typically in the markets in Asia.

 


Pricing Details:

Points computation: 1 bar = 10.00 points

Tier
Points required
Price
(USD)
Price/Gram
(USD)
Price/oz
(USD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
275.10
0.884
27.51
18.02%
16.18%
3
3000.00
273.60
0.880
27.36
17.37%
15.72%
5
10000.00
272.10
0.875
27.21
16.73%
15.25%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (116.55 USD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 3.3% per annum (Interest: 0.32 USD)
    • 6-month loans at only 3.0% per annum (Interest: 1.75 USD)
    • 12-month loans at only 3.8% per annum (Interest: 4.37 USD)
    • 24-month loans at only 4.0% per annum (Interest: 9.32 USD)


Storage Fees

Duration Fixed Storage Fee
Per Bar
Fixed Storage Fee
Per Parcel
6 months 1.01 USD * 10.14 USD
12 months 2.03 USD * 20.28 USD
24 months 4.06 USD * 40.57 USD
36 months 6.09 USD * 60.85 USD
60 months 10.14 USD * 101.42 USD

Other Services:

Item Cost Per Bar
Transfer-in and testing 0.44 USD

* Stored in multiples of 10 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.