Hi,
It all begins when investors begin considering the purchase of silver. Invariably, one of the first questions is what size silver product to purchase or sell. On the one hand, there are the 1 oz coins, and then there are the 100 oz silver bars, which have much smaller premiums but are really quite large and seem like a serious investment commitment in themselves. In the middle of the pack is the 10 oz silver bar.
A Sweet Spot for Premiums
One of the major advantages of the 10 oz silver bar has to do with the price point. When considering the cost of a 1 oz coin or round versus a 10 oz bar, the premium cost per ounce of the bar is considerably lower. More silver is acquired at once, making it less expensive.
Then again, you’re not committing to investing in a monster bar. For an investor wanting efficiency but not going all-in on large format silver, 10 oz bars can seem to strike just the right chord.
Easy to Sell, Easy to Manage
Liquidity is more important than people give it credit for, especially with physical metals. While 100 oz bars can be very convenient for long-term storage, they aren’t the best for sale if you want to sell part of your holdings down the road.
This makes flexibility improve when they use 10 oz bars. You can sell a bar without accessing your whole stack. This makes these bars ideal for investors who value flexibility regarding rebalancing portfolios, meeting a cost, or cashing in during high prices.
They are also easier to store and handle than long bars. This makes them more convenient.
The Comfortable Entry Point
Additionally, for a newcomer to precious metals investments, 10 oz of silver can come as a very confidence-inspiring move. You are, of course, purchasing a considerable portion of precious metal, but the cost may not be prohibitive.
Lots of folks find that once they can manage 10 oz bars, it feels less confusing to stack silver.
Perfect for Long-Term Stacking
It is a common occurrence for silver to be a long-term holding in the portfolio. Individuals stacking silver on a consistent basis appreciate simple and efficient products.
Ten-ounce bars are right in line with that philosophy. They don’t call much attention to themselves. They don’t need much explanation either. They’re simply good, recognizable silver, and the size is appropriate.
A Practical Favourite
At AU Bullion, 10 oz Silver Bars continue to be a favorite among those who seek value without compromising versatility. They represent a combination that many individuals are not aware they are seeking until they find it. And after they do, 10 Oz bars become a staple of their precious metals program.
