The brand new 1kg silver bar is produced by Swiss refiners Metalor and recognised by the LBMA. The cast silver bar can be traded anywhere globally. Each bar contains 1kg of fine silver and comes with a unique serial number and certificate, for buyer confidence.
These are low-cost ways of building a physical silver holding. Due to their size, price-per-gram is lower than buying 1oz silver coins.
Watch our video, “Silver bars or silver coins – which is the best investment? – Find out in our YouTube video.”
When choosing which weight of the silver bar to buy, we also recommend reading our article – how much is a silver bar worth? This provides much insight into what determines the value of a silver bar – including cast vs minted and discussion on the silver buying/selling spread.
An alternative to this 1KG bar may be to focus on UK silver coins. In particular silver Britannias are a very popular option for silver investing. They are 1oz in weight, providing more flexibility to your portfolio so you can sell smaller increments than owning 1 kilo silver bars. They have the added advantage of a British legal tender status, so are also free from Capital Gains Tax.
This may not be relevant if you’re looking at modest investments as each UK individual is allowed around £11,000 of capital gains each year before they are subject to tax. However, if you’re buying larger quantities or intend to add investments to your initial holding, then this may be a consideration.
If you are interested in buying a 1 kilo silver bar, then we encourage you to contact us today and discuss your options. We are here to help; our experts are happy to provide help and guidance during the silver buying process. Importantly, we also offer buyback, so if you need to sell any 1KG silver bars you have bought from us later, we will buy them back at the prevailing rates of the time of sale.
To contact us simply call us on 020 7060 9992 or email us. Test our efficient and helpful service for both silver and gold. If you need further guidance on buying silver, read our comprehensive guide “how to buy silver”.