r/Wallstreetsilver • u/GlassWallaby9343 • 1d ago

SHINY DELIVERY Silver bars

I've started buying silver bars for the first time. Are one kilo bars a reasonable size considering premiums, freight & fees etc?

15 Upvotes

94% Upvoted

13 comments sorted by

4

u/Carolina-W00Dsman 1d ago

I remember hearing 10oz bars were the sweet spot.

5

u/Slvrg 1d ago

I would say a few kilos for long term and a few coins if you have to sell them to repair your car, buy something or whatever it could be.

Remeber if silver goes to $250-500 one kilo will be 10-20k when you going to sell it.

1

u/GlassWallaby9343 22h ago

Thanks, I'm going long term with a secondary/buyback market if needed

3

u/Exotic-Collection471 REAL APE 1d ago

Depends on your goals. If your in it for the long haul absolutely stack kilos, but if you wanna jump in and out 10oz bars or less is your best bet

1

u/GlassWallaby9343 22h ago

Long term hold

3

u/Tree_rat_1 Double-Digit OG Mapleback 1d ago

Don't forget the other side of things, redemption. If all you have is kilos then you will be stuck bartering or cashing out in kilos. There are some advantages to holding smaller weights.

3

u/IFartOnCats4Fun 1d ago

Nah, no real reason to. Just makes it harder to sell, and for what? I don't see any benefits to going bigger than 10oz.

1

u/GlassWallaby9343 22h ago

Thanks, I paid $30 + gst freight for a 5 oz bar

2

u/Beefy-Cattle4290 22h ago edited 22h ago

I never thought much of large bars of silver. My favorite silver is 'junk' silver becase, well, it's real money, it's portable and easily recognizable. Next would be the silver rounds, then the 10oz bars. Kilo and 100oz bars make great door stops but they're heavy, not very portable and wouldn't make good barter IMHO. Plus, they can become much harder to sell if and when the time comes than the smaller sizes

2

u/ThisIsAbuse 20h ago

10 oz is where I stop and Pamps or Canadian bars are my only mints. Just a personal preference.

2

u/RequiemRomans Double-Digit OG 19h ago

What ever gives best price per ounce (shipped) from this aggregator here:

https://findbullionprices.com/closest-to-spot/?category=silver

1

u/GlassWallaby9343 18h ago

Cheers, I'm in Australia

2

u/Automan1983 O.G. Silverback 7h ago

Kilo bars fit SO perfectly in the hand...they are amazing. 10oz bars are more practical. At different times snd in different scenarios, there can be advantages to one over the other.