10 oz Silver Bar
Share this page:
The 10 oz silver bar is a commonly available bar weight and one that is very popular with investors and collectors, especially in the USA. Each bar typically contains exactly 10 troy ounces (311.034768 grams) of .999 pure silver. These bars have been produced by a large number of the world's major silver bullion manufacturers - including Northwest Territorial Mint, Johnson Matthey ("JM"), NTR Metals, Engelhard, A-Mark, Scottsdale, SilverTowne, Wall Street Mint, Phoenix Mining Corporation, Academy and many others.
10 oz Silver Bar
10 oz bars are a "useful size" - being easy to handle, transport, stack and count and yet still retaining a relatively low "premium over spot" when purchased. They are a highly liquid commodity - widely recognized and easy to sell. With the current market value floating around $350 per bar (2012 prices), the bars have significant "real money" value and are widely recognized as an investment commodity.
Like other silver bullion bars, 10 oz silver bars are usually minted at .999 purity (99.9%) and this figure will be seen stamped on the bar - along with weight, manufacturer's symbols, any artistic decoration and sometimes (but not always) a serial number.
Engelhard and Johnson Matthey are popular brands of 10 oz silver bullion bars - however note that the Engelhard bars have not been manufactured since the 1980s and so will only typically be seen on the secondary market. Older style Engelhard bars, such as the one in the image, may often be seen for sale at a price noticeably above the spot price, owing to their scarcity and interest to collectors. Some of the older bars may appear tarnished or darkened due to the slow oxidation of silver over time, or may have marks from handling. These factors should not however affect their bullion value.
10 oz Silver Bar Dimensions
Modern "minted" (i.e. pressed) 10 oz silver bar sizes vary slightly by manufacturer but are generally around 90mm (3.5 inch) x 46mm (1.75 inch) x 7.58 mm. This is around the size of a small cell phone. As a general rule of thumb, minted bars look more "perfect" and precision made, whereas poured bars typically have a rougher, more raw appearance. Older or "poured" (i.e. cast) bars such as the Engelhard bar pictured are typically thicker, "chunkier" bars more reminiscent of a soap bar or miniature loaf of bread in shape - and for this reason are sometimes nicknamed "silver loaf bars".
Disclaimer - None of the contents of www.coinandbullionpages.com ("this website") are recommendations to buy or sell. While every care was taken in the preparation of this website and its contents, no guarantee is made as to the suitability of this website for any purpose whatsoever, nor of the accuracy, timeliness or usefulness of its information. This website is provided for general information and entertainment purposes only and the information provided on this web site should not be seen as, nor as a substitute for, legal, business or investment advice. The website's owner specifically disclaims any and all liability arising in conjunction with the use of the materials / information herein.