Perth Mint 100 oz Silver Bar
Silver is often talked about as an industrial metal because it has many uses in technology, medical science and the environment. And as the world industry grows the need for silver increases and may push prices higher. Its investment value has also brought increasing attention 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 fiat currency becomes the norm and loses value.
The Perth Mint 100 oz Silver Bar is one of the most popular silver bullion investments available today because of its quality and acceptability into Individual Retirement Accounts (IRA). Produced by the Perth Mint this 100 oz silver bar ranks among the best available worldwide.
Perth Mint 100 oz Silver Bars are poured, finely finished including rounded edges and contain the following identification marks etched into their surface: (1) An circle at the top of the bar which displays the famous Perth swan and the words – THE PERTH MINT and AUSTRALIA. (2) Each Perth Mint 100 oz Silver Bar also contains a unique 6 digit serial number. (4) The exact weight of the Perth Mint 100 oz Silver Bar is clearly marked (100 ozs) and beneath the weight mark is its purity stamp (999) and the words Fine Silver.
The Perth Mint went to great lengths to produce a quality bullion silver bar which is recognizable and easily traded worldwide.
The Perth Mint 100 oz Silver Bar is popular for a number of other reasons: (1) its weight (6.8 pounds) is easily handled and it can be safely stored in bank deposit boxes. (2) The 100 ounce size makes consumer valuation simple because GoldDealer.com and other large dealers post daily buy and sell prices. (3) The Perth Mint 100 oz Silver Bar is produced by the world famous Perth Mint, a big advantage because it guarantees the highest and most exacting quality standards.
There are no reporting requirements when the consumer purchases Perth Mint 100 oz silver bars. Your sale of 10 or more bars is dealer reportable on I.R.S. Form 1099B. Sales of less than 10 bars at any one time are not reportable by your dealer.
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