Silver is valuable precious metal. It comes in two main forms: Bullion bars and bullion coins. What makes it silver bullion is that its value is set entirely from its content of precious metal.
Unlike jewelry, or decorative coins, silver bullion has no artistic characteristic in its value. It’s value is simply derived into it’s monetary benefit.
Investing in physical silver bars is one of the safest and most effective ways of investing in silver. When buying silver bars compared to silver coins, it is a wise choice for investors to choose bars because bars usually always have a lower spot price than coins, more bang for your buck.
Silver bullion bars come in a variety of sizes, the standard sizes are: 1 oz., 5 oz., 10 oz., 1 kilo, and 100 oz. The most common silver bar is 1oz bars.