Silver ingots
From Silver Bullion
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About silver ingots
Silver ingots with are generally the least costly metallic form and useful in general applications.
Standard silver bullion ingot size is nominally 2-3 cm x 3-8 cm x 6-12 cm.
Silver ingots are produced using crystallization, solid state and other ultra high purification processes such as sublimation.
Silver ingots are usually created through one of two different processes: extrusion and pouring. Extrusion is the preferred method because poured silver ingot often has slightly less consistent weight.
Investing in silver ingots and silver bars
Investing in silver bullion ingots is an excellent option for investors. Silver bullion ingots are economical, versatile and very liquid.
Silver ingots or silver bars are a popular way to invest in pure silver while avoiding the premiums usually found on legal tender silver bullion coins like American Silver Eagle coins. Silver bullion ingots as silver bullion bars are easy to buy and sell and and convenient to stack, store and count.
Buy Silver Ingots
Silver ingots, have emerged as the most popular way to invest in silver. Silver ingots with recognized hallmarks are readily accepted for resale, making them easy to convert to cash.
The most popular silver bullion ingots are 100-oz silver bullion bars produced by Johnson Matthey or Engelhard. These silver ingots have very low premiums over spot silver bullion prices.
Silver ingots come in several denominations. In the U.S., the most popular silver ingots for sale are 1-oz silver ingots, 10-oz silver ingots and the most popular - 100-oz silver ingots.
Chinese Silver Bullion
The use of silver bullion ingots in China dates from well before the Christian era. Originally they used as a means of hoarding wealth and not not as currency. Gradually silver began to be used for paying large amounts. Silver ingots thus became an ordinary means of payment, and circulated in China, Thailand and Burma until well into the 20th century. The ingots were used in trading, and became more widespread among the people at large as a means of paying dues and taxes. Silver ingots were also used to back the paper money.
Unlike the issue of coins, the circulation of silver bullion ingots was not a state monopoly in China, but was done by private banks, companies and silver-changing establishments, though the ingots were officially assayed.
The molten silver was poured into moulds of sand and left to cool; they were stamped before the metal was quite hard. The punches used usually indicate the currently reigning dynasty, the province and the guaranteed weight, though there are also ingots bearing private mottoes.
Chinese silver bullion ingots formed part of the so-called sycee silver that circulated as trading ingots in large areas of China and Indochina. Silver sycee ingots were generally made of very pure silver – their precious-metal content reaches up to 98 percent. The precious-metal content was confirmed by a stamp, and thanks to these stamps, silver sycee ingots circulated in neighbouring countries as well.
Today Chinese silver bullion is very popular among investors and collectors. Old silver sycee ingot for you collection you can find at Ebay.
