More Ounces Less Premium, Buy Silver Bars Online in Canada

If you have been stacking for a bit and you are starting to get more serious about silver, bars are the next natural step. The reason sophisticated investors prefer bars over coins comes down to one thing really. You are getting more silver for your buck. Bars trade much closer to the spot price of silver which means less premium out of your pocket and more ounces in your hand.

We carry silver bars from the Royal Canadian Mint and a range of private mints in sizes from 1 oz all the way up to 10 oz, 100 oz and kilo bars. The bigger you go the closer to spot you get. If you are planning on buying a serious amount of silver and you think the price looks right today, buying larger bars now and locking in a low premium is something worth considering.

The 10 oz Silver Bar

Our most popular bar by far is the 10 oz. It usually comes in around $1000 or more depending on where spot is sitting that day, it looks great, and buying a few of them at a time keeps your premium per ounce really low. A lot of our customers who started with coins eventually find themselves coming back for the 10 oz bars once they get comfortable. It is just a really nice middle ground between accessibility and value.

RCM Bars vs Private Mint

We carry Royal Canadian Mint silver bars and private mint bars and there is a real difference worth knowing about. RCM bars go for a higher premium but that premium has value behind it. The Royal Canadian Mint is one of the most recognized mints in the world and when it comes time to sell your silver that recognition can get you better pricing than a lesser known private mint bar. Something to keep in mind depending on how you are thinking about your exit down the road.

Storage Is Worth Thinking About

One thing people do not always consider when buying silver online in Canada is storage. Coins take up a surprising amount of surface area. Bars are compact and dense so you can fit a lot more silver value into the same safe or vault space. If you are building a serious position that is a real practical consideration and bars solve it nicely.

Silver bars that meet the 99.9% purity requirement are also GST and HST exempt in Canada which makes them one of the most tax efficient ways to hold physical silver bullion.

Browse our full silver bar collection above and place your order today. Any questions about which bar makes sense for where you are at just contact us and we will get back to you right away.