Buy Silver bars
Courtesy of APMEX.com
The uniqueness of Silver Bars
When purchasing bullion silver bars you should have a good of familiarity about silver, and the value it holds. By having the facts and insight about silver, you can purchase from dealers and be aware if they are trying to get you to pay more for something then what it is worth. By obtaining and financing in silver bars, may be a way for you to bring up your finances and capital.
Silver mining began approximately 5000 years ago and was first discovered and excavated in what is now modern day Turkey. The center of silver mining ultimately shifted to Greece and later to Spain.
The Spanish went on to enhance the major silver dealer to the Roman Empire and engaged in a vital role with Asian trade along the spice routes. Following the Moorish invasion of Spain, mining slowed in the region and began to spread to other parts of Europe. Perhaps the greatest factor in the growth of silver mining, was the Spanish discovery of The New World in 1492.
Silver mining continuously grew and flourished, and ultimately new discoveries were made in other parts of the world such as China, Canada, Australia and Africa. In the past century, the technological enhancements made by humans have assisted the drive silver production to new heights and are ever increasing in its demand.
How is silver made and where does it come from?
Silver has been used for thousands of years for many things. The value of Silver Bullion Bars are considered second to only gold.
Silver has been known since ancient times, it is mentioned in the Book of Genesis. Slag heaps are found in Asia MInor and on the islands of the Aegan Sea. Also it has been indicated and shown that silver was being separated from lead as early as the 4th
millennium BC using surface mining.
Silver is found in an instinctive form of raw material, that contains sulfur, arsenic, antimony or chlorine. The metal for the most part is created and manufactured as a spinoff of electrolytic copper, and by application of the Parkes method on filtering lead elements, it's acquired from lead elements that contain small amounts of silver. The Viable grade of fine silver is at least 99.9% pure, and purities more than 99.999% are available till this day. In 2011, Mexico was the top creator and manufacturer of silver 4,500 tonnes or 19% of the world's total, and is closely followed by Peru with 4,000 tonnes and China having 4,000 tonnes.
Mining in Australia:
Mining is a substantial primary industry and provider to the Australian economy. Historically, mining booms have also inspired and encouraged immigration to Australia. Many different ores and minerals are mined throughout the country.
Mining has had an extensive and environmentally friendly impact in some areas of Australia. Although mining services, equipment and technology are being exported, the
mining sector employs 2.2% of the total labor force.
Mining contributed significantly to possible economic failure for the early
colonies in Australia. In1840, Silver was discovered in South Australia, leading to the export of ore and the immigration of skilled miners and smelters. The first economic minerals in Australia were silver and lead in February 1841 at Glen Osmond, now a suburb of Adelaide in South Australia.
Mines including Wheal Gawler and Wheal Watkins opened soon after. The value of these mines was soon overshadowed by the discovery of copper at Kapunda ,in 1842, Burra in1845 and in the Copper Triangle (Monnta, Kadina and Wallaroo) area at the top of Yorke Penninsula , 1861.
Silver Bars can offer investors a simple and easy way to increase and multiply amounts of silver in its purest form. Some of the more common producers
of these silver bars are Johnson Matthey, OPM Metals, Engelhard, NTR Metals, Sunshine Mint, Silver Towne and the Royal Canadian Mint.
Silver bars may be acquired and obtained to be stored at home, in safe deposit boxes or in other secure storage facilities such as third party vaults.
Silver bars in general are made from 99.9% percent pure silver, while some producers, like the Royal Canadian Mint for example, and use .9999 percent excellent quality. Silver bars are always stamped with markings to note the purity, manufacturer and weight of the bar. Silver bars are one of the most affordable ways to invest in silver bullion.
Silver has many different uses both industrially and as an investment. Silver is a very interesting valuable metal which has exceptional malleability, strength and ductility. It can sustain extreme temperature changes while its electrical and thermal conductivity can make it extremely versatile in modern industry. The fact is, silver can accomplish things that other elements can't even come close to, therefore demand for it is likely to continue to rise. Silver is generally used today in electrical components, silver oxide batteries and various areas of radiography.
Silver Bullion Investments:
Silver is bought to gather and collect for investment purposes. Silver has been used in currencies, for a very long time as well. It was first used as a form of currency all the way back in 700 B.C. From the ancient Greeks, to the ancient Romans, to the British, silver has been part of currency trading for ages.
Unlike paper currency that is issued by governments and central banks, silver is backed up by the physical metal itself and it can be managed anywhere in the world. In other words, it is a hard and concrete and substantial asset. In addition, silver has only a limited supply which is why the laws of supply and demand are a key factor in precious metals investments today.
How to Purchase Silver Bullion Bars:
Purchasing silver bullion bars now a days has never been easier. There are, however, some basic guidelines that one will want to follow when looking to buy silver. Although this list is not all inclusive, it is a good starting point, questions you may ask yourself before purchasing Silver Bars.
Am I in a financial position to invest in valuable Silver Bars?
With any investment, including Silver Bars can lose value and the investor can experience losses. Make sure you are comfortable with the risks associated with buying precious metals before investing.
What are my investment objectives and goals?
Why are you buying silver bars? Is it to hedge against inflationary risks or perhaps currency depreciation? Are you interested in simple silver bullion or are you looking for more collectable types of silver? You should know what types of silver you are interested in and why before buying. This will also help make the shopping process easier.
Where will I store my silver?
It's good to have a storage plan for your silver. Obviously, small amounts of silver may be stored at home in safes or other secure places. Safety deposit boxes may be used as well. For larger amounts of silver, one may want to consider third party secure vault storage. Make sure you are Knowledgeable of the pros and cons of each method and have a plan for your silver before buying it.
Should I buy from a local dealer or online?
Buying from a local dealer and buying online are very different. Usually when buying from a local dealer its significantly higher due to dealer premiums associated with their products. Online dealers often have much lower overhead and move more inventory thus allowing them to offer silver bullion bars for lower prices.
There are many different Silver Australia Bars that have been made over the years, such as the Australia Silver Bars, Perth Mint Bars, ABC Silver Bullion Bars, Southern Cross Silver Bullion Bars, and Engelhard Silver Bar. Australia Silver Bars produced in 99.9% fine purity and available from 1/2oz to 1000oz from such producers as Geomin, SCCC and Harrington.
Perth Mint Bars:
Perth Mint Bars are made from 99.9% Fine Silver. Silver bullion bars come in a convenient choice of weights and are stamped with The Perth Mint's London Bullion Market Association registered mark, a symbol of their international tradability.
The Perth Mint was Australia's third branch of Britain's Royal Mint, the others being the Sydney Mint and the Melbourne Mint are both closed. Today, The Perth Mint is a member of an elite group of world of mints.
ABC Silver Bullion Bars:
There are two ABC Silver Companies within Australia, they are, Australian Bullion Company and Sydney & Perth. Australian Bullion Company Silver is produced in 10oz, 500g, 1kg and 5kg bar form. All ABC Silver is of a purity of 999.5 or better.
The cast bars are all refined and manufactured in Sydney, the silver used in the refining process is derived from recycling jewelry, silverware and from other ethically sourced mine supply. All ABC silver bars are freely traded throughout Australia and increasingly worldwide.
Southern Cross Silver Bars:
The Southern Cross Silver bullion bars were manufactured and designed to represent the Australian flag, and the beauty the Southern Cross which is located in the Southern Hemisphere.
Engelhard Silver Bullion Bars:
The Engelhard Silver bullion bars were manufactured to remember a strong successfully metal company that was founded by Charles Engelhard. In 1902. One of the largest 100
troy ounce Engelhard silver bar that has been circulating in the market today.
There are several other Silver bars that have been made throughout other countries, just to name a few, Fortuna Silver Bar, Skull and Crossbones Hand Poured Silver Bar, and many others.
Fortuna silver bars:
Skull and Crossbones Hand Poured Silver Bar:
The Skull and Crossbones Hand Poured Silver Bar is the most ideal thing to have in your collection, and manufactured by the Atlantis Mint. It is distinctive and exceptional shaped through a general process known as casting, each silver bullion bar is prepared by pouring molten silver into a molds and left to dry. Because the qualities of each silver bar is reliant on the method in which the silver was dispensed and cooled, collectors and investors can rest assured that they possess a truly one of a kind piece.
Each bar has been cast in 1/2 troy ounces of 99.9% pure silver and is guaranteed to be delivered in brand new condition. Because of its exceptional craftsmanship and pristine condition, the Skull and Crossbones Poured Silver Bar is suitable for both investments as well as silver collections.
Investing your Silver Bullion Bars:
Historically, investors have used precious metals to hedge against inflation and protect their wealth during challenging economic cycles. Owning silver bullion has proven to be one of the most effective ways to diversify one's portfolio, and for many investors, silver bars are the bullion of choice.
Opportunities almost but never just fall into your lap, but with investing in Silver bullion bars you will have a chance to work towards securing your future. By placing your Silver bullion bars into an IRA financial method, it will benefit you to earn from your silver bullion bars fortune and enhancing your opportunity for a luxurious
retirement. Besides you being a good investor you will be able to relax and be positive about your future being secure.
Purchasing silver bullion bars is a very strategist's way to secure your pending future. It will also help you with financial gain, and give you plenty of prosperity. So when obtaining silver bullion coins be sure you know what you're getting for your
money. This way you don't purchase silver bullion bars that will give you a loss instead of a gain.
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