Wednesday 24 April 2019

Things You Must Know Before Buying Silver Bullion

In this article you will know about silver bullion in detail and its three different tiers in the marketplace including the demand, liquidity and premiums of each type of products.

You might be a little confused about what comprises silver bullion if you are new to silver investment. You must have come across contradictory information online, so here we have explained about silver bullion to clear your doubts. According to the generally accepted belief in the bullion and coin industry, silver bullion is privately produced .999 fine silver in the form of coins, ingots and bars.



In our opinion, which is the widely accepted opinion in the coin and bullion industry, silver bullion is privately produced .999 fine silver in the form of silver bars, rounds and ingots. 

The most common form of silver bullion is in the form of one ounce silver bars and rounds, but many other sizes are available, including 5 ounce, 10 ounce, 25 ounce, 50 ounce, 100 ounce and even 1,000 ounce bars! While all silver bullion is produced by private mints or producers of silver, three different levels or tiers of silver bullion exist, which we’ll discuss next. The most commonly available silver bullion is in the form of 1 ounce silver coins and bars, but several other sizes are available including 5, 10, 25, 50, 100 and even 1000 ounce bars. All these silver bullion's are produced by silver producers or private mints.

Premium Silver Bullion


Premium silver bullion bars are produced by most trustworthy, popular and recognised industry producers. Due to the notoriety and popularity of the recognised producers you might have to pay higher premium for these items.  

Generally, these can be purchased at a little lower price otherwise, however prices are often on par with the coins issued by the government. If you are in doubt that whether you should buy silver bullion or silver coin issued by the government at same price, we would suggest you to go for government issued coin. Implied guarantee, purity and the exact weight as mentioned in the specifications is the reason we recommend you to opt for coins issued by the government. 

Brand Bullion


Silver bullion produced by a recognised and established mining company or mint fall under brand bullion. There are several different brand silver bullion producers who stamp their logo and name on the bullion they produce in order to be easily identified. The popularity of brand bullion is not as much as the premium silver bullion but the market of these is quite liquid. 

Hence the premium of these brand bullion is also comparatively lower. The price of the silver bars  and coins tend to be the same as the interest level for the two forms of silver bullion is same. The silver bullion premiums is almost half of the silver eagles premium, however this is subject to change based on the demand and supply at the time of the purchase.

Generic Bullion 


Who doesn't like to bargain? This is what you you can do when you buy generic bullion. These run the gamut from popular images such as lion of England, silver bars and coins with the images of famous people, holidays, famous events in UK, history etc. As generic silver bullion is not as recognisable as premium and brand bullion it is important to do thorough research before you buy these items.