1 oz silver bars

While silver is silver, regardless of the size and the condition of silver bars, most of us still prefer to keep shiny and beautiful silver bars.

The best is to have newly minted items.

1 oz silver bars are generally nicer looking than 100 oz silver bars.  Hardly anyone wants to buy 1000 oz silver bars.

The cost of a single bullion is prohibiting.

Most people buy 1 oz silver bars for aesthetic purpose, on top of investment purpose.

Why should you consider buying 1 oz silver bars?

For one thing, the price is lower than other size.

If you are a student with extra income from online sources, or you want to start small in precious metal investing, you can start to buy one or two 1 oz silver bars per month.

In this way, you are using the dollar cost averaging method to build up your holdings.

Over the long run, the average cost of your collection will still be lower than the peak of silver price.

As long as you keep track on daily price movement, you can buy nearer the lowest point in a month.

Many sellers are offering free shipping for 1 oz silver bars too.

One of these is Scottsdale Silver.  Free shipping is available for this size and for purchase over $500.

That is a great way to build up a collection of precious metals.

Silver Towne has similar free shipping items.

However, if you are not staying in the United States, you should avoid buying a single 1 oz silver bar online.

The shipping cost will eat into your investment.

If  you like this size better than the larger version, you can buy 20 or 30 such bullions.

The average shipping cost per bullion should not cost more than 5% of the purchase price.  If the average shipping cost is more than that, you would have to wait longer to sell off your collection.

If you want to buy locally, and you want newly minted item, make sure you find a reputable reseller in your region.

The premium over spot for bullion bar is usually lower than that for bullion coin.

Some pure silver coins are legal tender.  But that is not so with bullion bars.

You cannot use the silver bars to buy a sack of rice for your family.

Another good reason for buying the smallest size pure silver is for giving to family members.

This can help your family members to start investing as well.

When they see how beautiful the 1 oz silver bar is, they may tempt to invest in it.

You can encourage them to start a collection of different 1 oz silver bars.

There are so many brands out there.

Even if you make it a point to have one each of every brand, you need to fork out quite a bit of money.

Some famous brands, such as Engelhard, have so many different designs for a size.

Smaller sizes are easier to liquidate too.

It is relatively easy to sell off your collection of 1 oz, 5 ox and 10 oz silver bars.

It is not that easy to sell off 100 oz or 1000 oz silver bars.  Not many collectors can afford the price.

The price of silver will likely increase due to inflation risk and unrest around the world.

The price of gold and silver increase so much in recent years, because the US government devalues the currency so much.

It is a good investment choice for the foreseeable future.