1kg Silver Bullion Cast Bar
The 1kg silver cast bar from The Royal Mint contains 1 kilo (1000g) of 999 fine silver. It is available for free insured UK delivery or secure storage in The Vault ®, The Royal Mint’s purpose-built precious metal storage facility. Each silver bar is imprinted with a unique serial number and The Royal Mint’s logo.
This bar is subject to VAT at 20%.
How are bullion prices calculated?
The 'buy' and 'sell' prices shown on the website represent the market value of raw vaulted metal in an 'unallocated' form. This is the standard way prices are quoted throughout the bullion industry. In order for The Royal Mint to deliver beautifully crafted precious metals products to your address, or to our vault, a number of processes must take place, all of which incur a cost. These processes include transportation, refining, minting, quality checking and merchandising.
The price at which The Royal Mint is able to sell bullion products to consumers is therefore made up of the 'spot price' (the buy price) plus an additional premium. The premium accounts for the costs incurred in manufacturing a particular product and is usually either a percentage of the buy price or a fixed monetary amount. In short, manufactured bullion products always sell at a premium to enable retailers and manufacturers to cover their costs.
Specification
1kg Silver Bullion Cast Bar
| Specification | Value |
|---|---|
| Alloy | 999 Fine Silver |
| Quality | Bullion |
| Pure Metal Type | Silver |
| Pure Metal Content | 32.15 Troy oz |
| Fineness | 999 |
| Specification | Value |
|---|---|
| Packaging | Vacuum Pack |
| Bar Size | 118mm x 54mm |
| Bar Thickness | 16mm |
