As low as $1.04 per oz over spot!
These 5 oz APMEX Silver bars have a deep-mirror, prooflike finish and are guaranteed .999 fine. The classic American eagle design adds an iconic beauty on top of the bullion content.
- Contains 5 oz of .999 fine Silver.
- Bars come sealed in plastic to protect their finish and design.
- Obverse: Beautiful American eagle design common amongst APMEX products featuring 13 small stars representing the original colonies.
- Reverse: APMEX logo and web address, weight and purity.
- Guaranteed by APMEX.
These 5 oz Silver bars are an easier way to store Silver bullion than smaller bars. Add this 5 oz Silver APMEX bar to your cart today!
The history of Silver bullion
Silver bullion has been the basis of many monetary systems and was, for a long time, considered to be second in value only to Gold. The Silver bar would come later, but initially Silver, in the form of a Gold-Silver alloy coin, was used as money around 700 B.C. by the Lydians. Silver, like that found in this 5 oz Silver bar, continued to be a major player in currencies until the discovery of large deposits of Silver in the Americas in the 19th century which generated fear of a price drop in Silver and, in turn, currency, which led most to switch to the Gold standard by 1900. Silver bars are now the most affordable of the major investment Precious Metals: Platinum, Gold, Palladium and Silver.
Why invest in Silver bullion?
This 5 oz Silver bar gives you an attractive and efficient way to invest in .999 fine Silver bars, ideal for the investor focused primarily on raw Silver value but who is also drawn to classic design. These Silver bars feature a patriotic American eagle motif, adding a touch of beauty to bullion content. This Silver bar comes sealed in plastic to protect its finish and design. This Silver bullion, offered at a low premium over the Silver spot price, also features a deep-mirror proof-like finish.
The type of Silver bullion you buy should always be driven by your individual investment goals.
Whether you purchase Silver bars or Silver coins depends on your investment goals. Many investors buy Silver bars in as large a quantity as possible at that time. For some, Silver bar purchases will be 5 oz Silver bars and for others, 50 oz bars. Some will forego Silver bullion and focus on Silver coins because they are also taking into consideration numismatic collector value. They prefer Silver coins to a 5 oz Silver bar, because although they are paying a slightly higher premium over the Silver spot price, they have a coin that allows them to hold a little piece of history in their hands.
Buy Silver and hold Precious Metals at a lower price point than Platinum, Gold or Palladium.
Silver bullion is priced lower than Gold bullion due to perception, demand and rarity (although some people would debate whether Gold is rarer than Silver). The current price of a Silver bar is about 70 times less than Gold bar prices, with some experts positing that the ratio should be 17 to 1. The lower price of Silver bars versus Gold bars can also be attributed to the fact that Gold is more difficult to mine and requires a purification process. Buying Silver, like this 5 oz bar of Silver, allows investors to get in Precious Metals at a lower price point.