Which Brand Name Silver Bullion Bars You Should Buy?

If you are planning to invest in precious metals, then buying silver ingots or bars is a wise decision. Precious metals are used to hedge against inflation. Commodity market is going through a bullish phase and so are precious metals. More and more people are opting for silver bullion bars than coins because the premium for coins is usually high and depends on the demand and supply gap. Moreover, most silver ingots are 99.9 percent pure, easy to store because of their compact shape and uniform size, and are easily tradable.

While investing in ingots, you should ensure that it has a hallmark. This will ensure that the one you buy is made of pure silver. It is best to buy silver bullion bars of reputed brands only. Some of them are -

Engelhard

This is one of the most popular names in ingots. However, it is not easy to find Engelhard ingots, as this company no longer manufactures them. If one wants to own these silver bullion bars, he should find out the resellers of these ingots. These bars come in different purities and weight. The 100-ounce ingot is the preferred choice of most investors. Because of the good reputation of this brand, it is very easy to sell Engelhard ingots in the market.

Johnson Matthey

This company was established in 1817. The struck silver bullion bars, which the company has now stopped manufacturing are the most sought for. People interested in buying struck ingots can buy them from the silver dealers, online stores, or auction web sites. One could also invest in the Johnson Matthey poured ingots that are still in production.

Ohio Precious Metals

Ohio Precious Metals is also one of the reputed brands of gold and silver ingots. You can get Ohio precious metals' silver bullion bars in different sizes from 1 ounce to 100 ounce. The ingots are made of 99.95 percent pure silver. The 100-ounce bars are hand-poured and buffed.

Academy Group

The Academy group is a refining company that produces ingots of high purity. Academy bars are available in 10 ounce and 100 ounce sizes. These bars are made of 99.9 percent pure silver. Their products come with a certificate of purity.

Wall Street Mint Bars

These bars are quite popular among the investors. These bars have a picture of the World Trade Center Twin Towers. They are available in 10 ounce and 100 ounce sizes. Only limited Wall Street Mint bars were manufactured in 2002 to remember the people who lost their lives in 9/11 incident in the US. Therefore, you can get these bars only through the resale market.

Whichever brand of silver bullion bars you prefer, you should buy it from a trusted source. Depending upon how much money you want to invest, you can decide the size of the ingot. The bars of big sizes have lower premium than the smaller ones. Always check the purity and weight of the ingot, which is imprinted on it. Once you buy them, make sure you store them at a safe location. You could store them in the safe at your home or at a safe deposit locker at your bank.