1 Oz Silver Price
1 oz Silver Bullion Bars
Silver bars come in a variety of sizes, but few are as popular as the 1 oz silver bar. These particular bars are big enough to satisfy an experienced investor while being small enough as to not break the bank for someone who is just dipping their toes into physical silver investing. While you may not think there is much to know about 1 oz silver bars, the reality is that there are loads of information that is not only good to know, but can also help you tremendously.
Silver prices change constantly, and our live spot silver prices and charts update every minute during trading hours to reflect recent market fluctuations. The silver price table below displays pricing in increments; silver price per gram, silver price per ounce and silver price per kilogram. Gold (87) Rhodium Plated (2) Silver (178) Style. 1 oz Silver Antique-Proof Coin. 2020 Barbados Trident.
Producers of 1 oz Silver Bars
From the outside looking in, it may seem as though 1 oz silver bars are the same regardless of what mint they originate from. While this may seem to be true, in actuality it could not be further from the truth. Just like two similarly sized shirts from two different companies are not the same, two one ounce bars from two different mints are not the same. Also much like the clothing industry, people put their trust and favor in certain brands. For this reason you will often see investors spend a little extra money to buy a bar from their favorite brand as opposed to a similarly sized bar produced by some other entity.
If you are new to silver investing do not be fooled, brand names do not matter as much as some people make it seem like they do. New investors should always strive to get the best deal for the money they spend and this is something that cannot be done so easily if you try to remain loyal to strictly one producing mint.
Some of the producers of one ounce silver bars are listed as follows:
Advantages of 1 oz Silver Bars
There are many advantages of owning and investing in smaller bars, beginning with their liquidity. To expand on that point, small 1 oz. bars of silver are easy to convert into cash. For both serious and amateur investors, liquidity is typically a high priority, because the idea is to convert these precious metals into cash money.
The small size of single-ounce silver bars also makes them easy to handle. Owners can store them, mail them, or move them effortlessly. This also lends itself well to stocking up, meaning that investors can fit a larger number of smaller bars in a single space.
Smaller bars are also better for newer investors. Accomplished investors like them, as well, but the size is ideal for people who are new to the idea of buying, storing, and selling precious metals. The demand for them is high, but fortunately their availability is stable.
Possible Designs
The designs found on 1 oz silver bars are practically limitless. Some people buy bars specifically for their designs, while others don’t care what the bars look like. The design often depends on the brand, with some offering specific patterns and motifs. Other brands are well-known for offering bars in assorted designs.
Birds, especially eagles, are enormously popular, perhaps because they tap into the idea of the “American dream.” Many bars also show depictions of the silver rush, featuring things such as prospectors, pack mules, and pick-axes. Serpents and snakes are another common motif, and they do look intriguing on a shiny bar of silver. There are also many bars featuring the Morgan insignia, important historical figures, and renowned buildings.
Purity and Sizes
The purity of a silver bar, whatever its size, depends largely on the brand. Typically, 1 oz silver bullion bars have a purity of .999. That’s true no matter what brand an investor buys. A bar from a specific brand will have the same purity as a bar from a random brand.
As for size, that largely depends on the brand. Naturally, the weight will always amount to 1 oz. However, some bars are roughly poured with uneven edges, which gives them an appealing antique look. Others are smooth. Most bars are oblong and rectangular in some way, generally with rounded edges. They’re all usually small, which again lends itself well to easy storage.
General Availability
Typically, 1 oz silver bars and 10 oz silver bars are the most popular bars for investors and collectors. That’s good news in terms of availability. However, 1 oz bars do have a leg up on the competition, so to speak. They are almost always available in both the primary and secondary markets; however, 10 oz bars, for example, don’t have a huge demand in any secondary markets. In contrast, mints from all over the world produce single-ounce silver bars regularly.
There’s practically no chance that an investor will ever have trouble finding a 1 oz silver bar, whether they’re looking online or at a brick-and-mortar dealer. That does not, however, affect their worthiness. They won’t saturate the market so much that reselling becomes a problem.
1 oz Silver Bar Premiums
If you are an experienced investor in precious metals, you likely already know this next piece of information, but if you are new to investing this is something you should pay attention to. Whenever you are buying silver bars, the amount of money you pay will be based on the current spot price of silver. Since silver’s spot value is always changing, so too will the price you pay for a 1 oz silver bar. In addition to the spot value, you will also be asked to pay what is called a premium. To make it simple, a premium is the amount of money the seller adds on to the price of the actual silver in order to cover the costs of him/her running a business, as well as to derive some sort of profit.
As the price of silver is always changing, so too are the premiums incurred from a purchase of the metal but more often than not you can expect the premium of a 1 oz silver bar to be anywhere between $1-$5 over the spot value of the metal in the bar. You may find premiums that are greater or lesser than the aforementioned $1-$5 range, though not all too often.
Demand for precious metal coins and bars is at an all-time high in the 21st century. As sovereign mints and private facilities across the globe strike bullion coins and bars, many investors and collectors find themselves priced out of the market. An increasingly popular alternative is available in the form of silver rounds. Some of the most popular silver rounds today come from private mints, many located in the United States, and feature coin designs previously used on circulation currency. Explore some of the many popular 1 oz Silver Rounds available right now on Silver.com.
1 Oz Silver Price Today
Why Invest in 1 oz Silver Rounds?
There are a number of reasons to consider investing in 1 oz. silver rounds instead of gold or silver bullion coins. Specifically, there are three reasons you should consider investing in silver rounds instead of bullion coins:
- Availability
- Ease of Trade
- Price
Availability is always a limiting factor with most of the popular silver bullion coins in the world. While the American Silver Eagle is a notable exception, which the United States Mint striking those coins to meet demand, the vast majority of other programs have strict caps on the mintage in any given year. Aside from the American Silver Eagle, 1 oz Silver Rounds are the easiest silver products to find on the market.
Silver rounds are also easier to trade in many cases. Because so many individuals are turning to rounds, the availability is also met at times with shortages. This means that many dealers, though not all, will readily buy them back from you because they can turn them around quickly and sell them to someone else.
Beyond availability and ease of trade, the biggest benefit of purchasing 1 oz Silver Rounds is the price. While bullion coins from sovereign mints come with higher premiums, the price you pay a coin dealer over the spot price of silver, silver rounds are typicall the least expensive form of physical silver to invest in.
1 oz Silver Rounds on Silver.com
As you peruse the Silver.com website, you’ll find a wide array of 1 oz Silver Rounds available to purchase. If you’re an investor looking purely for the precious metal content of the rounds, all Silver.com rounds have 1 oz of .999 fine silver. There are a variety of options from private mints that have simple mint markings, and nothing more.
On the other hand, if you’re a numismatist interested in some of the most popular coin designs of all time, but cannot find them at sovereign mints or coin dealers, the Silver.com collection of 1 oz Silver Rounds has what you’re looking for online. Below you’ll find just a few examples of the popular 1 oz. Silver Rounds we carry.
Mint-branded Silver Rounds
For those interested only in the purity of the silver rounds, Silver.com carries a variety of 1 oz Silver Rounds that have only the brand marks of the mint that produced them. For the record, silver rounds are only produced at private facilities in the United States, and are not struck by sovereign mints in the US or abroad.
Among the most popular from Silver.com are the following:
- A-Mark Precious Metals 1 oz Silver Round: Minted at the private A-Mark Precious Metals facility in the US, these rounds feature all-American images that are simple. On the obverse face you’ll find the Liberty Bell from Independence Hall in Philadelphia, PA. “Life, Liberty, Happiness” is engraved above, and the mint name is featured below along with the purity and metal content of the round. The reverse features the original, iconic heraldic eagle of the United States, along with the engraving of “Liberty Silver.”
- Sunshine Mint 1 oz Silver Round: The mint-brand round of Sunshine Mint in Coeur d’Alene, Idaho, these rounds feature an eagle flying in front of the rising sun on the obverse, along with the name “Sunshine Minting” engraved. The reverse includes a sun in the center of the design, with the round’s weight, metal content, and purity engraved around the outer rim.
- Republic Metals Corporation 1 oz Silver Round: One of the newest silver rounds available, this round from Florida-based Republic Metals Corporation features the RMC logo in the center of the obverse face, with the company name engraved above and the weight, metal content, and purity below. On the reverse, the company logo is engraved in a repeating patter across the round’s face.
These silver rounds are the simplest products available, and have the same low-premium prices that other silver rounds offer. Mint-branded silver rounds are an excellent option for investors concerned only with the content of the round.
1 oz Silver Rounds with Popular Designs
Conversely, for the numismatist that has a hard time finding their favorite coin designs from popular bullion coin series, there is a 1 oz Silver Round available to meet your needs. Many of the most popular coin designs from the United States Mint, as well as innovative designs from some of the most highly regarded private mints in the country.
For example, the three most popular coin designs in American history were the Saint-Gaudens Liberty, Walking Liberty, and the Morgan Silver Dollar. Each of these coin designs are available on low-premium 1 oz silver rounds. The following is a complete list of available 1 oz. Silver Rounds with stunning designs:
- Morgan Silver Round: Struck by numerous mints, the Morgan Silver Round precisely replicates the Morgan Silver Dollar, which was first released by the United States Mint in 1878. When it was released, it featured a brilliant Liberty design from Assistant Engraver George T. Morgan on the obverse, as well as a heraldic eagle depiction on the reverse. The Morgan Silver Dollar was in circulation from 1878 to 1904, and is widely considered the best dollar-coin design of all time.
- Saint-Gaudens 1 oz Silver Round: Augustus Saint-Gaudens was hand-picked by President Theodore Roosevelt in 1905 to help lead a decade-long shift in American gold coin design. His depiction of Lady Liberty was a departure from the norm, giving her a modern, American look compared to previous traditional designs. Saint-Gaudens’ original design appeared on the $20 Gold Double Eagle from 1907 to 1933, and currently features on the American Gold Eagle bullion coin.
- Buffalo Silver Rounds: Also available from numerous private mints, the Buffalo Nickel (or Indian Head Nickel) design from James Earle Fraser graced America’s five-cent piece from 1913 to 1938. The design featured a left-profile portrait of a tribal leader on the obverse, and a depiction of Black Diamond on the reverse. Black Diamond was a bison housed at the Central Park Zoo in New York City during the early 20th This popular design is currently on the American Gold Buffalo bullion coin from the US Mint.
- Walking Liberty Silver Rounds: Available from several mints, the Walking Liberty Silver round brings Adolph A. Weinman’s iconic depiction of Liberty to life on an affordable silver round. Originally used on the Walking Liberty Half Dollar from 1916 to 1947, Weinman’s vision of Liberty shows her walking toward the setting sun draped in the American flag, and is representative of the nation’s constant march toward a brighter tomorrow.
Purchasing 1 oz Silver Rounds on Silver.com
At Silver.com we make it easy for you to purchase the 1 oz. Silver Rounds you want from our catalog. Silver.com proudly accepts all major credit and debit cards, with no minimum purchase price and a maximum of $5,000. PayPal fund transfers are our latest offering. In addition to a $0 minimum and a $10,000 maximum, PayPal transactions process instantly and enter the shipping queue immediately. Paper check payments have a similar $0 minimum and a $50,000 maximum, and while they take four to six business days to process, you’ll enjoy a 4% savings on your purchase price compared to credit/debit payments and PayPal transfers.
We also accept bank wire transfers. The minimum is higher at $2,500, but the $250,000 maximum makes it easier for you to invest in as much silver as you wish. Bank wire payments process instantly and enter our shipping queues immediately.
All Silver.com shipments are packaged in discreet boxes to protect the identity of your products during shipment. Packages are delivered via the United States Postal Service or UPS, and should they become lost or damaged, Silver.com will work to correct the situation. We can either start an insurance claim on your behalf to secure a refund of your money, or work with the carrier to track down your package.
1 Oz Silver Price History
If you have any questions about 1 oz. Silver Rounds, payment methods, or shipping options, please feel free to contact a Silver.com associate. Our team members are available on the phone during regular business hours at 888-989-7223, online using our website’s hosted live chat, or by submitting your questions to us in writing via email.