What Is Silver Bullion?

Author: Ian Davis - Chief Operations Officer

Published: 9 May 2018

Last Updated: 14 Aug 2019

Bullion Silver

Bullion is a term used to describe precious metals, such as silver and gold, that is bought or sold at or close to its intrinsic metal value. Silver bullion, usually coins or bars, is silver that is sold for investment purposes at a low premium above spot silver price

Various Weights Are Available

Generally, the most popular way to buy silver bullion is one kilo bars and one ounce coins. There are lots of other weights, from half ounce to ten kilo, coins and bars. Some sizes attract higher premiums so if you are looking for low priced silver, it is important to buy in the cheapest and most common form; usually one ounce and one kilo.

Go For "Best Value" Where You Can 

Best Value coins and bars are usually our lowest priced products. These coins and bars are our choice of date and mint and are usually chosen at random from our strong rooms. They will always be from LBMA approved refiners. Whether you are buying coins or bars, the larger the quantity that you buy, the lower the premium. Investors looking at buying large quantities of coins often look at tubes of coins or Monster Boxes.

Further Reading

You may wish to view all of our articles on our silver guide

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