Many consider silver to be an effective way to protect your wealth. The primary reason investors add silver bars to their portfolio is for wealth protection, hedging risk and potential attractive returns. Silver bars have repeatedly demonstrated their ability to provide significant value to investors and have historically been a popular and attractive investment. Ensure that you take advice in this regard before purchasing and taking delivery. If you are taking delivery of your silver bars, there are VAT / TAX implications for your investment. Therefore, smaller format bars may be more suitable for smaller investors or for those wishing to realise part of their investment. However, one important consideration when buying silver bars is that when you come to sell your silver bar you cannot sell part of a bar. The larger the bar format, generally the lower the percentage premium. Because bars take less time and effort to produce, dealers will charge a lower premium. Silver bars have the distinct advantage of having a lower premium, as opposed to coins. But whether you opt for silver bars or coins will depend on your individual investment goals. Both offer the opportunity to hedge against risk, protecting your wealth, as well as offering potentially attractive returns for investors. Investing in silver bullion bars or coins has a lot of the same benefits. In this instance sterling silver, the highest purity in silver jewellery is described as having 925 fineness. In contrast, sterling silver consists of 92.5% silver, and 7.5% other metals, usually copper. For example, using this system 99.9% silver means that there are 999 parts silver, per 1,000 parts. The millesimal system is used to depict the purity or fineness of the silver. Refiners use pure silver, with at least 999 fineness to produce bullion silver bars. To be considered as investment grade silver, they must satisfy particular specifications. Although smaller formats like 1 ounce bars and 10 ounce silver bars are also available. Some of the most popular formats are 100 ounce bars, 1kilogram bars and 1,000 ounce silver bars. Silver bullion bars are available in a range of sizes and weights.
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