Silver bars and rounds represent some of the simplest ways to purchase physical silver because they usually hold a value that’s extremely close to the spot value of silver. They are minted by private firms (as opposed to government mints) and often have a high degree of fineness.
Silver rounds differentiate from silver coins because they are produced by private corporations rather than by government mints. They often come at a lower premium than their government-issued alternative, making them an attractive choice for some. Additionally, rounds do not carry a currency denomination as government-issued coins do, and typically do not have a date.
Akin to silver rounds, silver bars are also produced and marked by private mints. Bars are usually compact, stackable and easily storable. They are usually available in a number of sizes, such as one ounce, 5 ounces, 10 ounces and 100 ounce.
Any silver bars or rounds with a minimum fineness of 0.999 are eligible for placement in a Precious Metals IRA.
Please note, Birch Gold’s selection of products rotates over time. To learn more about silver bars and rounds, their availability and current pricing, please call us at (800) 355-2116.