|Weight:||Spot Price:||Buy Price:|
|100.00 oz||£ 1,926.38||£ 2,167.18|
Buy 100 oz Silver Bars
100 Oz Silver bars are popular with UK silver investors and those accumulating silver bullion as they are a manageable weight, but big enough to have a lower premium than smaller 1 oz and 10 oz silver bars and silver coins.
The 100 oz silver bar weighs just over 3 kg and contains 3,107.20 grams of pure silver if the bar is .999 fine, or 3,110.00 grams of pure silver if the bar is .9999 fine.
What are the Benefits of Investing in 100 oz Silver Bars?
- Each bar has 100 oz of .999 fine Silver
- Silver bars from LBMA-approved refineries
- Trusted refineries: Perth Mint, Royal Canadian Mint (RCM), Engelhard, Asahi, Johnson Matthey, PAMP, Heraeus, Argor-Heraeus, Metalor, Mitsui, Umicore, Valcambi
- Most competitive pricing and premiums in the UK
- Insured, express delivery throughout UK
- High-security vaults in safest jurisdictions
- Portable, internationally liquid form of financial insurance
How Should UK investors buy 100oz Silver Bars?
GoldCore selects its 100 oz silver bars carefully from a handful of prestigious and highly regarded silver refiners. We only offer silver bars for sale from refineries that are accredited by the London Bullion Market Association (LBMA) which remains the leading industry body that regulates production standards for the larger (100 oz and 1,000 oz) silver bars.
Buying Silver Bars is an easy and simple process. You can buy them online for Delivery or Storage using the BUY button or you can call our office to place your order over the phone.
We sell Silver and all major silver bullion bar and coin products and you can pay by bank wire, credit card or debit card.
We make a market in 100 oz silver bars in uk and offer fully insured delivery to our British clients throughout the UK - England, Scotland, Wales and Northern Ireland - from our depository partner vaults in London and Zurich.
Insured delivery of Silver Bars to homes or offices is not hugely popular due to VAT and the size and bulk of the bar. Some clients do occasionally take delivery of some of their Silver Bars and own the rest in Secure Storage.
Most of our UK clients opt to store their silver bars in fully insured, offshore Secure Storage jurisdictions. We specialise in offering clients access to allocated and segregated bullion storage in secure non bank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, London and Singapore.
What is the Price of a 100 oz Silver Bar?
The price of a 100 ounce Silver bar is shown in the upper right section of this page. The price of all silver bars is calculated using three components:
- Silver spot price is the price of an ounce of pure silver available for immediate delivery or delivery ‘on the spot’. It is typically determined by the best bid and offer for silver as offered by large bullion banks trading in real time throughout the world and quoted by data providers such as Thomson Reuters and Bloomberg.
- Weight and purity of silver. Silver bars have a purity of 0.999 (purity) or 100 oz of pure silver per bar.
- Silver bar premium is the percentage adjustment that is added or deducted from the silver spot price. The premium on silver bars is determined by the costs of production, refining, fabrication, minting, and the logistics of making the silver bars available for sale in the UK. The price of a Silver bar is also impacted by supply and demand and the number of bars of silver being bought.
In order to determine the price of a Silver bar, simply multiply the spot price of silver by the number of troy ounces in the 100 oz Silver bar and then add or subtract the current premium for the bar.
How are 100 oz Silver Bars Made?
Silver bars are made in three different ways. Bars have a high-quality polished finish if they have been manufactured from larger silver sheets and then pressed and stamped by a minting process.
A cast bar is produced by pouring molten silver into a mould or die which then cools. The assay mark and description are then impressed into the front of the bar. These bars have a traditional bar look to them.
An extruded silver bar is made by heating silver metal and forcing it through a rectangular space. This creates a uniform length of bar which is then cut and stamped with an assay mark.
Silver minted bars are made from silver blanks. Minting bars mean that the bars look better - allowing for special designs. It is more expensive and requires a little more time and therefore means that minted bars have higher premiums and are usually seen in smaller silver bars (1 oz and 10 oz)
How to Know Your 100 oz Silver Bar is a Quality Product.
The London Bullion Market Association (LBMA), headquartered in the City of London, is an international industry association for gold and silver bullion. One of its primary functions is the maintenance of the Good Delivery List (GDL) for refiners of both gold and silver.
The GDL is a set of refining standards that refiners must meet and uphold in order for their good delivery bars to be accredited by the LBMA. Good delivery bar specifications only cover large bars. For silver, this is known as the ‘1,000 oz silver bar’.
The LBMA does not maintain a list of refiners who produce 100 oz silver bars, nor does it regulate 100 oz silver bar production. However, some refiners who are accredited refiners for Good Delivery Silver Bars and have a membership of the LBMA’s Good Delivery List for silver also produce 100 oz silver bars.
Therefore, in selecting a 100 oz silver bar for investment, it is prudent to invest in a bar that has been produced by a refiner who is on the LBMA’s Good Delivery List, since these refiners are recognised and trusted in the market. This is why GoldCore only sources 100 oz bars from such refiners.
|£ 1,000 - £ 109,999||£ 2,167.18||12.50%|
|£ 110,000 +||£ 2,111.61||9.62%|
How to Choose a 100 oz Silver Bar to Buy; What are the Best Options?
Option 1: Buy Perth Mint 100 oz Silver Bars
The Perth Mint 100 oz silver bar is a cast bullion bar with tapered corners and a highly polished finish. The bar has a purity of 99.9% pure silver and is stamped with the Mint’s well-known Swan logo, which is also the Mint’s assay mark registered with the LBMA.
Each bar is imprinted with a unique 5-digit serial number as well as the weight ‘100 ozs’ and fineness ‘999’. The Perth Mint bar is a sought-after investment product and new bars come shrink-wrapped from the Mint in a transparent film.
The Perth Mint is fully owned by the State Government of Western Australia. The company operates Australia’s only gold refinery and also produces legal tender gold and silver coins behalf of the Australian Commonwealth Government, and a range of silver and gold bar products.
The refinery is on the LBMA’s good delivery list for both gold and silver Good Delivery Bars, and on the CME’s Comex approved refinery list for gold bars.
Option 2: Buy Royal Canadian Mint 100 oz Silver Bars
The 100 oz Royal Canadian Mint (RCM) 100 oz silver bar is 99.99% pure silver. This is sometimes referred to as ‘4 nines’ and it has a highly polished finish and smooth tapered corners. The front of the bar is engraved with the Mint’s distinct circular logo, depicting a Canadian maple leaf design.
This is surrounded by the words ‘ROYAL CANADIAN MINT’ inscribed in English within the upper circle, and “MONNAIE ROYALE CANADIENNE’ in French in the lower circle. Each bar has the year of production and a unique 6-digit serial number engraved in the middle of the front face, followed by the weight ‘100 tr oz’, and the fineness in silver ‘Ag 999.9’. The back of the bar is blank.
The Royal Canadian Mint is a Canadian Crown Corporation whose sole shareholder is the Canadian Government. The Mint operates under Canadian legislation, and in addition to producing Canada’s circulating coinage, the RCM runs one of the world’s most respected gold and silver refineries in Ottawa, producing globally recognised high-quality bullion bars.
The Royal Canadian Mint was founded in 1908 in Canada’s capital city, Ottawa. The operated as the Ottawa branch of the Royal Mint until 1931 when it became known as the Royal Canadian Mint. It has been run as a Canadian Crown Corporation since 1969, and is fully owned by the Canadian Government.
After being closed for 23 years, the Mint’s silver refinery was reopened in 2006 following substantial new investment and now has a capacity of producing over 10 million ounces of silver per year.
The RCM is on the LBMA’s good delivery list for both gold and silver good delivery bars, and on the CME’s Comex approved refinery list for gold bars.
Option 3: Buy MKS PAMP 100 oz Silver Bars
MKS PAMP is a precious metals group specialising in the refining and trading of physical precious metals. Founded in 1979 and based in Geneva. MKS is a member of the London Bullion Market Association (LBMA), as is its subsidiaries PAMP. PAMP operates in India through MMTC-PAMP, a joint venture between the PAMP and MMTC Ltd.
The MKS PAMP GROUP offers a comprehensive range of excellent precious metals products to accommodate every segment of the market, with particular emphasis on investment, jewellery and industrial sectors.
The company specialises in the physical production of precious metals and logistics capabilities include a complete range of precious metals bars, of all shapes, weights, purities and sizes (gold, silver and platinum group metals (PGM). It also produces precious metals coins, blanks and bullion bars for banks, financial institutions, governments and state mints worldwide.
PAMP is the world’s leading bullion brand, with dominant positions in the world’s major precious metals markets. Established in 1977 and based in Ticino, Switzerland, PAMP operates a state-of-the-art precious metals refinery and fabrication facility.
Option 4: Buy Valcambi 100 oz Silver Bars
You Can buy 100 oz Silver Bars fro Valcambi. Valcambi SA is one of the four big Swiss refineries.Valcambi is located in the village of Balerna, in south-eastern Switzerland, very near the Italian border.
Throughout its 54 year history, Valcambi has focused solely on the business of precious metals refining. Valcambi is a highly regarded refiner and is on the LBMA good delivery lists for both gold and silver and on the CME’s approved gold refiner list.
The founders of Valcambi were a group of private Swiss investors who had an interest in the precious metals business for over 50 years.
Credit Suisse acquired an 80% shareholding in Valcambi in 1967 and subsequently full ownership in 1980. Then in 2003 Valcambi was acquired by new owners, including the American gold mining giant, Newmont Mining.
European Gold Refineries Holding SA (EGR) today owns one hundred percent of Valcambi, which until July 2015, EGR was owned by Newmont Mining (60.6%) and private investors (39.4%). Today EGR is itself owned by Global Gold Refineries Ltd (GGR) which belongs to REL Singapore PTE Ltd in Singapore (95%) and Rajesh Exports Limited (5%) which is a listed company (on both the NSE / BSE) in Bangalore, India.
Please Note - Bar Brands
While all 100 oz silver bars sold by GoldCore are from LBMA-approved refiners and mints, the bars that you will receive may not necessarily be identical to those pictured.