Most individuals who invest in silver and gold bars simply purchase bullion products for their precious metal content and wait to sell them in the future, hopefully for a profit. While many producers cast or pour bars with no design, an increasing number of mints and refiners strike gold and silver bars with brilliant designs. Led by facilities such as PAMP Suisse, Credit Suisse, and private US facilities like SilverTowne and Great American Mint, bullion bars with intricate designs are changing the way investors and collectors think about bar storage and display.
In the precious metals industry, value is all about condition. While the purity and content of your gold or silver bar determines its initial value, there is added value for products that are in perfect condition, lacking any contact marks, abrasions, scratches, hairlines, or other detracting flaws. Additionally, the finish of some bullion bars are enhanced with features such as matte finishes and deeply-mirrored, clear background fields.
Even the simplest handling of these bars, with bare hands, can result in damage to the condition (and value) of your silver and gold. Oils from human skin can, at best, leave smudges on the surface of your products that are difficult to remove without harsh cleaners that can ruin the value and appearance of your bars. In a worst case scenario, this oil can, over time, wear down the matte or mirrored finish, diminishing the value of your products severely.
Bar tubes are available for purchase today from JM Bullion that help to protect your bars from these harmful effects of handling and contact with oils from human skin, or even drops and scuffs. Each individual tube is capable of holding a 1 oz gold or silver bar, and protects it from oil, scratches, scuffs, and other damage, in a crystal-clear casing that allows you to still enjoy the visual brilliance of the bar itself.
Oils from human skin and general contact between your bars and other objects aren’t the only factors that can lead to a deterioration in the value of your bars. Storing your bars in plastic sleeves while on display or leaving them in your safe, never to be viewed, might protect them from the harms of physical contact, but it doesn’t protect them from the damage caused by the local environment.
Air-tight bar tubes made from acrylic are ideal for storing your silver and gold bars for a good reason. The PVC or plastic used in the production of other tubes and bags can release acidic gases over time that corrode the metals, and eventually degrade the value of your bars. Any tube that is not air tight in nature does not prevent humidity from seeping in and can potentially trap moisture inside, slowly tarnishing and corroding precious metals.
If you have any questions about the bar supplies available from JM Bullion, please feel free to reach out to us. You can contact one of our associates at 800-276-6508. We’re also available online using our live chat feature and email.