Categories
 

  Morgan Dollars

Collectible Coins

   

What is silver bullion

Silver bullion is silver in the form of bars, coins, ingots or rounds. The best known silver coins are silver Eagles, Maple Leafs, Kookaburras and Britannia's. But not all silver bullion coins are created equal, and buyers must be aware of the differences to make educated purchases. Not all coins are struck to the same fineness. Also while some silver bullion coins have unlimited mintages, others offer smaller numbers and sometimes higher prices. The lowest cost way to buy silver bullion is in the form of silver bars and silver rounds. Many investors prefer rounds over bars because they are minted in the form of a coin and offer greater flexibility when it comes time to sell your silver. If you buy a one-hundred ounce silver bar you are restricted to selling the entire one hundred- ounces at one time. Whereas if you bought one-hundred one ounce silver rounds you have the greater flexibility of selling any number of rounds at anytime.
 
Westminster Mint offers a wide selection of the most popular silver bullion items including government issue, privately minted and brand-name products. All of the items we offer are internationally recognized. Our privately minted silver bars and rounds begin as silver grain bought directly from a refinery or as COMEX deliverable 1,000 ounce bars. The silver grain is delivered to us in sealed buckets. Each bucket is accompanied by an assay certificate attesting to its purity. The silver we receive is .999 pure or better. The industrial silver bars we buy are also sent directly from refiners and each bar is hallmarked stamped with its weight and purity.

We melt silver grain in batches of ten thousand-ounces at temperatures in excess of 1600 degrees where it turns into liquid. The silver is then poured into billet molds which hold eight-hundred ounces and then is extruded into strips. The strips are rolled to the precise thickness of the silver bars or silver rounds being struck. Each blank bar or round is individually weighed and cleaned before it is struck into a finished bar or round. Each item is individually hallmark stamped with its exact weight and purity.




Refinery sealed barrels of .999 silver grain being unloaded






Sacks of silver grain with Assay certificates



 


33,000 ounces of silver on its way to be melted down and transformed into silver rounds
 

10,000 ounces of silver being melted at 1600 degrees until it turns to liquid
Silver being poured into eight hundred ounce billet molds 

 
Rolls of silver from the billet moulds ready to be extruded 

Silver rounds being struck five hundred rounds per minute



Key Terms used in the Precious Metals markets.

Troy Ounce: The traditional unit of weight used for Precious Metals.

Spot Price: Current, real-time price of the metal on the market.

Bid: The price at which a dealer is willing to buy your metals

Ask: The price at which a dealer offers to sell.

Melt Value: The intrinsic worth of metal in a coin or alloy.

Spread: The difference between what a dealer will charge to sell an item and what he will pay to purchase it.

   

Displaying products 1 - 8 of 8 results
10 Ounce Silver Bars- Westminster Mint Lion Reverse design
Price: $269.44
10 Ounce Silver Bars- Westminster Mint Lion Reverse design
10 Ounce Silver Bars - Westminster Mint
Silver Bullion Rounds Monster Box 500 coins
Price: $13,471.75
Silver Bullion Rounds Monster Box 500 coins
Special bulk discount price
Silver Bullion 100
Price: $2,694.35
Silver Bullion 100
Silver Bullion 100 silver rounds – with the Buffalo design
Silver Ingots 1oz
Price: $26.94
Silver Ingots 1oz
Silver Ingots 1oz
1/2 oz (Buffalo) .999 Fine Silver Rounds- 10 Ounce Roll
Price: $205.62
1/2 oz (Buffalo) .999 Fine Silver Rounds- 10 Ounce Roll
1/2 oz (Buffalo) .999 Fine Silver Rounds- 10 Ounce Roll
2 Ounce Silver Rounds- 10 Piece Roll
Price: $391.84
2 Ounce Silver Rounds- 10 Piece Roll
2 Ounce Silver Rounds 10 Coin Roll
5 oz silver
Price: $134.72
5 oz silver
Westminster Mint Lion Reverse design
Silver Rounds Indian Head Design
Price: $26.94
Silver Rounds Indian Head Design
Silver Rounds Indian Head Design