10 oz Silver RMC Bar
Silver is often talked about as an industrial metal because it has many uses in technology, medical science and environmental protection. And as the world industry grows the need for silver increases and may push prices higher.
Investment attention has also increased since the use of silver in US coinage was discontinued in 1964. Today many people see silver as real money and a store of value as paper currency loses value through inflation.
The 10 oz Silver RMC Bar – is in mint condition and easy to recognize. A wonderful design this beautifully struck bar is minted in such a way as to produce alternating frosted and reflective surfaces – a unique security feature.
It comes in a custom soft plastic holder which is excellent for long term storage. This mint condition bar is popular in the trade so the buy and sell prices are easily found and verified.
The 10 oz Silver RMC Bar – contains the following hallmarks in relief: (1) The internationally recognized RMC hallmark followed by Republic Metals Corporation. (2) The purity and weight of the bar (10 Troy Ounces) (.999 FINE SILVER).
Features and advantages of the 10 oz Silver RMC Bar: (1) because of the bar’s uniform weight and size customers can easily track value by following the daily buy/sell prices posted on GoldDealer.com and other large precious metal dealers. (2) The 10 oz Silver RMC Bar is handy for smaller transactions providing a wider investor audience. And this size is easily stored in bank deposit boxes. (3) The premium or price paid over “spot” is small because the bars are not rare or collectible. (4) The 10 oz Silver RMC Bar is an ideal form of barter in case paper currency is questioned. (5) The 10 oz Silver RMC Bar is small enough to give the owner options when it comes to liquidation. (6) And finally a nicely repeating hallmark design on the back of the bar is added for an additional security.
There is no reporting requirement when the consumer purchases 10 oz Silver RMC Bars but the sale of 1000 ounces or more in 10 oz Silver RMC Bars is reportable on I.R.S. Form 1099B. The sale of less than 1000 ounces at any one time is not reportable.
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