When buying silver bars online, investors have a lot of options to choose from in terms of weight, style, and design. The vast majority of silver bars available are aimed at investors and feature simple designs. Although there are a few options that deliver more uniqueness, most of what you’ll encounter comes with mint or refinery brand marks and identifying information on the brand. Among the many options you’ll find are 5 oz silver bars which straddle the line between the common 1 oz weight and the equally popular 10 oz silver bar option.
The most common size for silver bars is 1 Troy oz. This relatively small size offers a valuable crossroad between pricing and physical size. These bars are affordable to purchase with lower prices than larger bars and easier to store than larger bars because of their smaller size. With that said, 10 Troy oz bars are the next most popular choice among silver buyers. 10 oz silver bars are not too large to easily store and transport, and also not so large as to price out too many silver buyers.
In between these two popular weights, you’ll find 5 oz silver bars. There is a modest amount of variety in this particular segment of silver bars. From a pricing standpoint, 5 oz bars offer the opportunity to purchase more physical silver without spending too much money. At the same time, the smaller weight and size compared to 10 oz bars means these products are still easy to move and store.
There is a great deal of variety to be found in the 5 oz silver bars for sale online. While nothing can match the diversity of 1 oz silver bars, the options in front of you when it comes to 5 oz silver bars isn’t so low as to be unattractive. Most of the 5 oz silver bars currently available in the market are cast products with unique designs, as opposed to the minted ingots with refined designs or branded products common in the 1 oz weight segment.
As mentioned above, you’ll typically find 5 oz silver bars available in one of two formats: cast/hand-poured silver and minted ingots. In both cases, the vast majority of bars in this weight segment come with a refinery brand. However, you’ll also find some unique options available to purchase.
When it comes to branded 5 oz silver bars, Sunshine Mint, Republics Metals Corporation, and SilverTowne are among the leaders. Both Sunshine Minting and SilverTowne offer branded silver bars in a minted ingot form in this weight range. The bars have the mint logo on the obverse with identifying markers and the name of the issuer. Many of them have either a blank reverse or one with a simple repeating logo.
Products such as those 5 oz silver bars from Republic Metals Corporation represent simpler cast silver bars. The RMC 5 oz silver bar typically comes with the mint logo at the top, weight, purity, and metal content, as well as a certified assayer’s mark. The reverse of these bars is left blank on purpose.
Conversely, you’ll also find that 5 oz silver bars are made as hand-poured products with more unique design elements. Monarch Precious Metals is a leader in this field, hand-pouring all of its silver products with a minimum purity level of .999 pure silver. One popular example of its works include the Viking Series of 5 oz silver bars. These bars have unique designs of Viking warriors on the obverse, and are refined in a rectangular, stackable shape. It’s the best combination of investment-quality silver bar design with collectible imagery.
Among the other names you’ll find in this field are Atlantis Mint and Scottsdale Mint. The Atlantis Mint, like Monarch, is famed for its hand-poured techniques and often uses pirate themes with skull-and-crossbones designs on its basic offerings.
Whether you’re looking for a simple, investment-grade option or something with a little more flair, you’ll find the 5 oz silver bar you’re looking for at JM Bullion. If you have any questions as you shop, just call us at 800-276-6508, chat with us live online, or email us directly.