PMBull has found 10 ounce silver bars to be a favorite amongst its visitors. Silver buyers appreciate the 10-ounce bar format offered by many dealers because they offer convenience, beauty and good value, putting these bars at the top of the list in bullion buyer reviews.
Stackers choose 10 ounce bars because they are produced by virtually all of the high quality, trusted mints. They look good and feel good in your hands and are exceptionally convenient to store. Since they are packaged in clear, protective plastic at the mints from where they are produced, they remain beautiful and maintain a nice, shiny luster.
Size and Storage
Sizes vary a bit from mint to mint. Generally though, three 10 oz. silver bars are equivalent in size to a deck of playing cards. They fit neatly together, even when retained in their mint plastic. Four 10 oz. bars take up less space and are easier to stack than two mint tubes of Silver Eagles, or 40 random 1 ounce bars. The convenience of in 10 ounce bars is a major factor, but if you plan to maintain less than 100 ounces of silver, you may still be better off with 1 ounce bars, rounds or coins. You cannot liquidate the larger version a few slivers at a time. 10 Ounce bars are best for stackers accumulating larger quantities of silver. Even those who buy them are likely to have other types of silver, so don’t let this guide convince you that they are your only option.
Most 10 ounce silver bars feature a brilliant, glossy finish, with the producing mint’s name, weight and purity stamped on them. With 10 full ounces of silver in each bar, they have a “substantial” feel and are nice to hold. Most feature mint logos on the front or back, but some attractive specialty designs can be found, like the NTR 2013 Snake Bar, which features a coiled snake on the front and snake scales etched onto the back. Sunshine Mint bars feature their familiar logo. OPM bars tend to be very basic in appearance, but are well-produced and IRA approved.
Most silver bars in the 10 oz format feature what many raw silver bullion buyers are truly looking for – a great price. That’s right. One of the reasons they are truly attractive is they frequently provide the best possible value, that is, more silver for your dollar. 10 ounce silver bars for the retail silver buyer are an easy way to get the lowest possible price per ounce (the smallest premium), and they are frequently priced better than 100 oz or 1-kilo sized bars. Generally, you can find these bars for well under $1.00 premium over spot. We see them as low as $0.79 over spot, and you don’t have to buy 500 ounces to get this discounted price.
Where to Buy 10 Oz Silver Bars Online
View good sources for 10 Oz. bars, plus more tips on buying silver bullion, in PMBull’s guide to buying silver bullion online – where we review the best types of silver for new investors, discuss how to calculate premium over spot price and look at several silver rounds, bars and coins from top online silver dealers.