PAMP Kilo Silver Bar
Another impressively large pure silver bar is the PAMP Kilo Silver Bar. This beautifully made kilo bar (32.15 oz) falls into the mid-range size so popular today. It’s much larger than the 10 oz bar and at the same time smaller than the 100 oz bar – a balance which makes for ease of handling when it comes to bullion silver products.
The kilo bar is poured and offers a distinctive anti-counterfeiting matte finish. It includes rounded edges and contains the following hallmarks: (1) the famous PAMP trademark at the top of the bar followed by SUISSE – 1 KILO / FINE SILVER / 999.0 / maker and incused serial number.
The PAMP Kilo Silver Bar (32.15 oz) is popular: (1) its weight (32.15 oz) and size provide easy storage and handling when considering a bank deposit box. (2) The 1 Kilo size makes valuation simple because dealers post daily buy and sell kilo prices. (3) The kilo bar (32.15 oz) is produced by a world-famous refiner which guarantees the most exacting quality standards. (4) The PAMP Kilo can be used in Individual Retirement Accounts (IRA).
Silver is also an industrial metal because it has many uses in technology and the environment. As world industry grows the need for silver increases and may push prices higher. Investrment attention has grown since the use of silver in circulating US coinage was discontinued in 1964. Investors see silver as real money and a store of value as fiat currency loses value.
There are no reporting requirements when you purchases the PAMP Kilo Silver Bar. Your sale of 1000 ounces or more of silver bullion is dealer reportable on I.R.S. Form 1099B. A sale of less than 1000 ounces is not reportable by your dealer.
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