Falling right in between the very popular 1 oz. and 10 oz. bar weights, 5 oz. Silver Bars are ideal if you’re looking for a solid mid-sized bar investment. However, you need to be aware that the manufacturer and type of bar can make a difference to the price.
While a 5 oz. Silver Bar containing .999 pure silver is just as good as the next, you should think carefully about which bar brands you’re going to invest in. Thankfully, there are lots of reputable silver bullion product manufacturers, such as Scottsdale Mint, PAMP, SilverTowne, Atlantis and RMC that offer 5 oz. Silver Bars that boast exceptional designs and finishes.
When looking for 5 oz. Silver bars, you can also choose from a selection of minted or cast (hand-poured) bars to enhance your portfolio or collection. In case you don’t already know, each of these bar types will have a very different appearance.
Minted bars can often carry higher premiums than cast versions because they are considered artistic bars and require further manufacturing processes. These bars are usually highly polished and can sometimes be produced with satin or proof-like finishes to make them more visually appealing. Most 5 oz. Silver Bar manufacturers will stamp the weight, purity and metal content on each bar, as well as a brand logo or unique design. Sunshine Minting, Scottsdale Mint, PAMP and SilverTowne are just a handful of respected brands that produce Minted 5 oz. Silver Bars.
Unlike minted bars, cast bars are hand poured into a mold that’s capable of holding the exact weight required to produce a specific bar weight. The silver is melted down and can be poured into a mold of any shape. Once cooled, the bar is stamped with the usual identification markings and an attractive logo, image, or design. This method has been used for thousands of years and is now mainly adopted by private mints wishing to create silver bars with a rustic appearance, rather than a polished finish. Cast 5 oz. Silver Bars are currently being produced by various leading manufacturers including Monarch Precious Metals, SilverTowne, RMC, Atlantis and Scottsdale.
5 oz. Silver Bars are not only easy to hold but they’re also easy to sell. With larger bars, you may have to sell more than you wish to free up a certain amount of cash. As 5 oz. Silver Bars fall right in the middle, you can sell as few or many as you need without losing a large chunk of your stack. What’s more, it’s easy to store these mid-sized bars at home, regardless of how many you own.
You should also be aware that 5 oz. Silver Bars are affordable and more cost-effective than the larger bars. By investing in bars of this size, you can grow your portfolio at a steady rate without busting your budget.
Many first-time investors go for 5 oz. Silver Bars because they are the perfect middle ground for getting started. These bars also enable investors to build a strong and diverse portfolio, as well as quickly grow their retirement savings. Furthermore, 5 oz. Silver Bars are easy to manage, stack, store and transport.
With so many high-quality brands and design options to choose from, you’re sure to fall in love with 5 oz. Silver Bars. However, as they are considered an uncommon sized bar, they are not always easy to spot on the market. Here at Capital Gold Group, we stock a wide range of 5 oz. Silver Bars in our vault and are able to source the right bar for you.
If you have any questions or wish to discuss a special order request, feel free to contact us for further advice and assistance.