Bullion bars have been popular since ancient times as investors
who like to store or hold silver enjoy bars as they cost less to manufacture and
are slightly cheaper than normal silver coin
Bullion bars used to be crudely made and stamped. One of the first bullion bar was
the Japanese silver slug minted in late 17th century which was manufactured at
Ginza mint and had hallmark seal of factory that made the silver and they
were 35-40% silver but most importantly
they were constant size and weight
So today bars are exact size weight n purity 99.9% pure
silver or gold.
Bars are less expensive to make compared to round as press
also had edges on round coins and bars are smooth
Bullion market is growing rapidly and is practice method to
invest in silver and bullion as bars
Pricing is related to the spot price of gold and silver and
contracts can be purchased to take possession at a certain fixed date on the futures contract market but rarely do investors take physical
delivery of gold as there is actually not enough gold to supple these contracts
This is reason some people say the gold or silver market is manipulated,
that’s may be the case but it is a commodity so people will always trade or try
to manipulate or control .
Many of our buyers purchase silver or gold bullion on a set
budget monthly or quarterly to build up stocks of bullion and is well proven
method to constantly buy regardless if price goes up or down as these buyers have
long term goals and with more silver used in solar panels and more silver sold than
what is mined ,these long term buyers are making long term investment