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1 Troy ounce silver bars various melters

49,15 each
1 in stock  -  Backorders not possible
Delivery Delivery service - From Monday delivered
Pick up From Tuesday. View our locations
  • Securily packaged
  • Certified
  • Tradable world wide
  • Customer rating: 9.7

This Umicore 1 troy ounce silver bar weighs 31.103 grams and is struck in pure silver. The bar comes in its original seal and the price shown is incusive VAT.

Specifications

Physical properties

Net weight

The net weight is determined by multiplying the gross weight with with the purity.

1 troy ounce
Purity and metal type 99,99%  |  Silver

Origin

Meltery Divers

Price properties

Selling price € 49,15 (€ 40,62 excluding VAT)
Metal worth € 29,42
Price per gram

The price per gram is determined by dividing the sales price by the net weight.

€ 1,58
Premium

The premium is determined by substracting the metal worth from the sales price.

€ 19,73
Investment score B-label
VAT-rate Taxable Goods

Information

1 troy ounce Umicore silver bar

The 1 troy ounce Umicore silver bar is delivered in its original packaging. Each silver bar is available for purchase individually, and the listed price includes VAT.
 
Silver is considered a commodity, which means silver bars are subject to 21% VAT. For individuals, it might be more advantageous to buy silver coins, as VAT on coins is only applied to the dealer's profit margin (margin scheme). However, for business customers, buying silver bars is beneficial, as the VAT amount can usually be reclaimed.
 
The 1 troy ounce Umicore silver bar weighs 31.103 grams and is made of 99.9% pure silver. In addition to the 1 troy ounce silver bar, we offer a wide range of silver bars, with sizes ranging up to 15 kilograms.


Price chart

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Investment score

This product has a B-label (Common bullion coins and bars). This means that it is a common coin or bar that is easily tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice. Examples of coins with a B-label are coins with a lower mintage.

Label information
A-label

Investment score: An A-label means that this is one of our most common products. When purchasing physical precious metals, we advise looking at both the lowest price per gram and the lowest spread. The spread indicates the difference between the buying and selling price. An A-label signifies that this is a favorable choice when buying gold and silver.

B-label

Investment score: A B-label means that this is a common coin or bar, which is widely tradable worldwide. However, a product with this label is more expensive than a product with an A-label, so as an investment in physical gold and silver, this product is not the most cost-effective choice.

Investment-score: C-label

Investment score: A C-label means that this is a less favorable investment choice compared to a product with a higher investment score. Products with a C-label are considered collectibles.