The single-most-popular weight in silver bars available online today is the 1 oz option. As you shop the silver for sale at JM Bullion or directly from a refiner, you’ll find a variety of design options and styles available in 1 oz silver bars. From cast silver to minted ingots and hand-poured bars, 1 oz silver is incredibly popular. Learn a little bit about the 1 oz silver bars you can typically find available from JM Bullion.
As with many other weights of silver bars, you’ll find 1 oz silver bars available to purchase in various styles. The most common type of 1 oz silver bar is the minted ingot. These products are highly refined and created by stamping out precisely shaped bars from a larger cast bar of .999 pure silver. The product is then stamped in a computer-controlled press for intricate designs.
Traditional cast silver bars are relatively rare in the 1 oz weight. The reason for this is a lack of interest in that type of simple product in this weight. Cast silver bars are typically produced in larger weights for those investors who like to make bulk purchases of precious metals. However, there is still a rustic option to oppose the minted ingot. Hand-poured bars are popular in the 1 oz weight. There is little difference between a cast bar and hand-poured silver bars.
A hand-poured silver bar is first melted and then poured into a prefabricated mold by humans in control of the melting vat. Those bars, in many cases, are then hand-stamped with a design during the cool process. One of the unique features of many hand-poured silver bars is the varied appearance of the finished product. Hand-poured and hand-stamped bars can be purposely off-struck with each design to create a unique visual appearance for each bar, even within a collection where the specific design is the same.
There are silver bars that are continuously produced and sold by refineries and mints. These bars come with designs that are either simply the logo of the company refining the silver or feature more elegant designs that the refinery experiences such demand for that it is continuously offered. Examples of regularly produced 1 oz silver bars include the following:
Over time, refineries and mints will come up with unique designs that are not typically reproduced on a large scale or over a long period of time. One such example is the Monarch Egyptian Relic Silver Bar. The bars are designed to look slightly different from one another as a result of Monarch’s hand-poured processes. The design elements reflect the appearance of Egyptian hieroglyphs. Another example, the recently released Pyromet Silver Card offers a 1 oz silver bar that is extremely thin.
Another example of a distinctly unique 1 oz silver bar is the Monarch Building Block. These bars are shaped like the popular children’s stacking blocks with eight raised nubs on one side and eight sunken ones on the other. You can purchase these bars individually are in a 12-piece set. This type of silver bar is the epitome of stackable, easily-stored silver!
Although rare, there are 1 oz silver bars offered from some mints that have limited-time production runs similar to those of dated bullion coins. The most popular in this range is the PAMP Suisse Lunar Silver Bar collection. Each bar released in this series features an animal from the 12-year cycle of the Chinese lunar calendar, or Zodiac. The animal designs are available only during the year of their appearance on the Zodiac, with production ending when the calendar ticks over to a different year.
If you’re looking to buy silver, 1 oz silver bars are a great place to start! If you have any questions, please feel free to reach out to JM Bullion with your questions. You can call us at 800-276-6508, chat with us live online, or simply send us an email with your inquiries.