|
©iStockphoto.com – 270770
|
The picture on the left displays two 1 kilo silver bullion bars. I find these images interesting for
three main reasons: silver bars provide a great way to invest in silver bullion, the bars contain
serial numbers, and the bars are one kilogram each instead of the normal ounces we see in most
United States bullion investments. Let's start with the first point. For my gold bullion investments,
I prefer gold coins to gold bars because coins such as the
gold American Eagle are backed by the
United States government in weight and purity. Gold is expensive and I prefer an investment that is
backed by a government as opposed to a bank. Silver, on the other hand, is different. Building up
a sizeable silver position requires a lot of coins. Each
Canadian Maple Leaf silver coin
is worth about $15 versus $800 for the one ounce gold coin. In building up a silver investment
position, bars just make plain sense. Even though they are not backed by the government, they are an
efficient way to purchase and store silver. Go with bars from a respected mining company or bank
such as Credit Suisse and you should be fine.
Only Buy Silver Bars With Serial Numbers
As you can see, these two bars contain serial numbers. The purpose of the serial number is to
prevent counterfeiting. When there is a serial number from the bank or mine, you can verify that
the silver bullion bar is real. Make sure your silver bars come with accompanying assay certificates
that also show the serial number and prove the weight and purity of the bar. Silver bars with
serial numbers and assay certificates are the best way to go for the majority of silver bar
investors. For information on the types of bullion bars to avoid, you may want to check out the
following picture and article of 1 ounce
gold bullion bars.
1 Kilogram Bars Are The Standard Overseas
1 Kilogram equals 35.3 ounces. In the United States, the most popular silver bullion sizes are
one ounce, 10 ounces, and 100 ounces. Overseas, kilograms are more prevalent. I believe in diversification
and it probably makes sense to buy silver in both the ounce and kilogram denominations. Doing so
will give you a really well rounded portfolio.
Related Gold & Silver Images
Return Home
Pile of Gold Coins
Fractional Gold Bullion Coins
One Ounce Gold Bullion Bars
Franklin Silver Half Dollar Coins
20 Dollar St Gaudens Gold Coin
American Eagle 1 Oz Silver Coin
Large Pile of Copper Bullion Bars
Credit Suisse 1 Ounce Gold Bars
One Ounce Mexican Silver Coins
Mint Tube of Silver American Eagles
American Eagle 22 Karat Gold Coins
Canadian Maple Leaf 1 Oz Silver Coin
South African One Ounce Krugerrands
Canadian Maple Leaf 24 Karat Gold Coins
|