Royal Canadian Mint Silver Bars
Available June 05, 2024
| Quantity | Check/Wire |
|---|---|
| 1 - 9 | $343.80 |
| 10 - 49 | $340.80 |
| 50 - 99 | $337.80 |
| 100 + | $333.80 |
| Quantity | Check/Wire |
|---|---|
| 1 - 4 | $3,138.00 |
| 5 + | $3,088.00 |
Buy Royal Canadian Mint Silver Bars Online
The Royal Canadian Mint (RCM) is known for producing high-quality silver bars. These bars are highly regarded by both investors and collectors for their purity, craftsmanship, and the guarantee of their authenticity. Here's some information about silver bars from the Royal Canadian Mint:
- Purity: RCM silver bars are typically made from 99.99% pure silver, also known as "four nines" silver. This high level of purity ensures that the bars contain a minimal amount of impurities, making them a popular choice for investment purposes.
- Design and Appearance: RCM silver bars often feature a simple and elegant design. The front of the bars typically displays the Royal Canadian Mint logo, along with inscriptions such as the weight, purity, and serial number. The reverse side may feature repeating maple leaf patterns or other decorative elements.
- Weight and Sizes: RCM silver bars are available in various sizes to suit different investment budgets and preferences. The most common sizes include 1 oz, 10 oz, and 100 oz bars. The weight of the bars is typically clearly marked on the front along with other relevant information.
- Security Features: RCM silver bars often incorporate advanced security features to protect against counterfeiting. These features may include micro-engraved radial lines, textured maple leaf patterns, or laser-engraved serial numbers. These measures provide additional assurance of the authenticity and integrity of the bars.
- Packaging and Certificates: RCM silver bars are typically packaged in tamper-proof assay cards or sealed plastic cases. These packages not only protect the bars but also provide essential information about their weight, purity, and authenticity. Some bars may also come with certificates of authenticity.
- Global Recognition: RCM silver bars are recognized worldwide for their quality and purity. They are highly liquid and can be easily bought, sold, or traded in the global precious metals market.
It's worth noting that while silver bars are primarily considered investment-grade bullion, they can also be collected for their aesthetic value or as part of a broader numismatic collection. If you're considering investing in silver bars from the Royal Canadian Mint, it's always advisable to research current market prices, dealer reputations, and storage options to make informed decisions. After you have decided that the market conditions are favorable and found the RCM bars you would like to add to your portfolio, protecting your silver bars from will help preserve your investment.
An RCM Silver Bar offers timeless appeal and solid investment opportunity, however, the RCM's 1 oz Silver Maple Leaf provides a more contemporary option featuring an iconic design. Both choices offer reputable investments in the precious metals market, catering to different preferences and investment strategies.
Bullion coins like Silver Maple Leafs impart high liquidity to almost any holding, although larger RCM silver bars carry lower premiums. Consider your overall strategy and consult a financial professional to evaluate the best option for your investment approach.
You can also diversify your portfolio by purchasing from other mints, such as silver bars from Englehard.
While Royal Canadian Mint silver bars offer the prestige of a government-backed product, options such as APMEX's 10 oz silver bullion bars may be more appealing due to potentially lower premiums. Or, explore all of your options with our full selection of silver bullion bars. Consider evaluating both options based on factors such as pricing, purity, and liquidity before making your investment decision.
Royal Canadian Mint History
The Royal Canadian Mint’s presses were activated for the first time on January 2, 1908 by Governor General Earl Grey who struck a fifty-cent piece, the first domestically produced silver coin. Though this silver bullion and other coinage was produced domestically, the mint, which was located in Ottawa, was still under the direction of the British Royal Mint until 1931 when it became an entirely Canadian institution. When you buy silver bars minted by the Royal Canadian Mint, you purchase products with a tradition dating back over a century because the Royal Canadian Mint’s first refinery opened in 1911, after which it produced large quantities of the gold bars that Britain used to pay off the debts it had incurred during World War I. These silver bars are made by a company whose creation coincided with increasing gold production in British Columbia and the Yukon.
Why Buy Silver?
Silver is considered one of the most important natural resources globally, after water and oil. The grey precious metal is used to manufacture millions of electronic devices every year, including the electronic components of appliances and automobiles. It is sought after by the medical industry because of its natural antibacterial properties, and the fashion industry for its timeless beauty. Well over 50% of silver sold each year is put to industrial use. Silver was the first metal used as currency more than 4,000 years ago when silver ingots were used in trading and is still commonly used for many industrial purposes. Silver’s many uses include making mirrors, batteries and electronics, in addition to increasing the effectiveness of pharmaceuticals. Find the silver spot price per ounce and other precious metals charts today.
