As low as $1.09 per oz over spot!
Larger Silver bars are a great way to purchase more .999 fine Silver with fewer physical pieces. These IRA-approved 100 ounce Silver bars from APMEX feature innovative design elements making them easy to stack and securely store.
- Contains 100 oz of .999 fine Silver
- Eligible for Precious Metals IRAs.
- Obverse: Features APMEX name, along with the bar’s weight and purity.
- Reverse: Showcases a new spiral pattern with the Scottsdale mintmark that ensures the authenticity.
- Raised obverse and inset reverse allow the bars to perfectly stack on top of each other.
- Guaranteed by APMEX.
The trusted APMEX name gets even more weight behind it with this new stackable bar. Add this stackable 100 oz Silver bar to your cart today!
The history of Silver bars
Investing in Silver arose from Silver’s initial appeal to early civilizations, which included malleability, aesthetics and antibacterial qualities, making it treasured and valued from the earliest recorded history. Some investors like that Silver bars are lustrous, and so did artisans of early civilizations when they crafted jewelry and art objects; in fact, Silver can achieve the most brilliant polish of any metal. You can’t tell from the appearance of large Silver bars, but Silver is also extremely malleable, meaning it can be hammered into thin sheets, which was a useful property when making jewelry and art. Looking at a 100 oz Silver bar, it might not be easy to determine its medicinal benefits, but Silver has been used in many civilizations as an antibacterial. In the time of Alexander the Great, Silver was placed in stored liquids to prevent spoilage.
Why invest in Silver bars?
Investing in Silver is thought to be a hedge against inflation when the price of goods and services increases and paper currency buys fewer of the things it did before. Precious Metals like Silver bars can maintain, or even increase, their purchasing power during these times. Buying a 100 oz Silver bar is a good way to secure your future, accumulating a significant quantity of Silver in a single purchase. Investing in large Silver bars is an efficient and cost-efficient way to buy Silver, as the premium over the spot Silver price is very low when you buy in large quantities, so you are paying as close to the unfabricated Silver price, or spot price, as possible.
Investing in Silver changed significantly after “Silver Thursday.”
When you buy a 100 oz Silver bar, that is a significant investment, but the Hunt brothers, billionaires from Texas, wanted to corner the entire Silver market, bringing about what is known today as “Silver Thursday.” The brothers started investing in Silver in the 1970s, buying low to secure their fortune against inflation and by 1980 had accumulated one-third of the world’s entire Silver supply (not including governments), driving the price of Silver up dramatically. In response, COMEX put into place Silver Rule 7, which severely restricted the purchase of commodities, including large Silver bars, on margin. With the sheer volume of Silver bars the Hunt brothers possessed, when the price of Silver dropped below their margin requirements, they were unable to pay margin call, sending the market into a tailspin on March 27, 1980, or “Silver Thursday.”
Two ways to consider investing in Silver.
With APMEX, there are two ways of investing in Silver. You can hold Silver bars and other Silver bullion and either take delivery of your Precious Metals or you can use secure storage like Citadel Global Depository Services. Or, instead of buying a 100 oz Silver bar and holding it, you can invest in a self-directed Precious Metals IRA, where you use retirement funds to purchase Precious Metals that are held in a depository on your behalf. With a self-directed IRA, non-traditional assets like large Silver bars are held as an investment, allowing you to strategically balance your portfolio with Silver along with more traditional stocks, bonds and cash.