Silver Ingots

Investing in silver Ingots

Silver ingots or silver bars are safe and high return investment option for every investor. Those who wish to invest in physical silver always prefer silver bullion ingots.

Investing in silver ingots has many advantages. First, silver ingots are sold at low premium or mark ups over spot silver price. Second silver bullion ingots are a liquid investment – they can be sold anytime in the market. Also silver bullion ingots have standard sizes and are easy to stack and store at home or in a safe deposit vault in the bank; they are compact so they require a very small space for storing.

You can buy silver ingots from size range of 1 oz, 10 oz, 100 oz and 1000 oz but the 100-oz silver ingots are the most popular among investors.

The smaller the ingot the higher the premium over spot price. But larger ingots are harder to sell. I think 100-oz is an optimum size.

When buying silver ingots you should select only big brands like Johnson Matthey, Engelhard, Wall Street Mint Bars, Perth Mint and Pan American Silver.

Where to buy or sell Silver Ingots

There are many options available to buy and sell silver ingots. First, you can contact your local silver dealer. But local dealers rarely do bulk deals so you can buy or sell only a small quantity of silver ingots.

For much better option you can use internet. There are many online dealers who buy and sell silver and gold in quantity and at low premium.

You can also find good deals on auction web-sites. Ebay sellers have many offers of silver ingots every week. Always check Ebay sellers’ feedbacks before buying.

And please remember that you should always check the cost of shipping and handling before buying or selling ingots online.

You can sell your silver ingots online as well. I recommend you to buy a good book about selling on Ebay. Amazon has a large range of such books.