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What does silver bar serial number mean
What does silver bar serial number mean













It is highly unlikely that you will see a genuine, pure silver bar for sale anywhere at a price significantly below the spot price: Such bars are often seen at the one ounce size, where there are so many "art bars" for collectors That the bar is silver covered only, to 100 mills thickness - and not pure silver! A "mil" or "mill" is a thousandth of an inch. One can often see silver bars for sale on ebay and although in the larger sizes these are likely to be pure silver, be aware of anything that says "mills" or "mils" on it - as If shopping online, lookįor a certificate such as that of the Better Business Bureau (BBB) - and if you are doing research, there's no harm in doing an Alexa, or whois search to see It is suggested to buy from one of the established bullion traders as they have a long reputation of service, and to purchase bars manufactured by one of the well knownīullion manufacturers such as those listed on this website.

what does silver bar serial number mean

Owning silver: Many people believe however that the gold-silver ratio will "close" at some point, leaving the silver owner in very good shape.ġ kilo silver bars are widely available online and by phone - and ordering is a relatively Is not as easily transported as gold and approximately 50 times as much weight of silver is required for the equivalent monetary value in gold. One of the advantages of larger silver bars such as the 1-kilo, 100 oz or even 1000 oz is that they carry a lower premium over spot than smaller bars. April 2012 silver prices of around $31 to $32 per troy ounce means that a 1 kilo silver bar This figure is marked on the barĪlong with the weight, assayers mark, manufacturer's stamp and (typically) a serial number. As with other silver bullion bars, 1 kilo silver bars are typically manufactured at 999 fine (at least 99.9% pure silver).















What does silver bar serial number mean