Who makes 1000 silver bars?
The London Bullion Market Association (LBMA), headquartered in the City of London, is an international industry association for gold and silver bullion. One of its primary functions is the maintenance of the Good Delivery List (GDL) for refiners of both gold and silver.
The GDL is a set of refining standards that refiners must meet and uphold in order for their good delivery bars to be accredited by the LBMA. Good delivery bar specifications only cover large bars. For silver, this is known as the ‘1000 oz silver bar’.
As a result, it is prudent to invest in a 1000 oz silver bar produced by a refiner on the LBMA's Good Delivery List, as these refiners are recognized and trusted in the market.. This is why GoldCore only sources 1000 oz bars from such refiners.
Perth Mint 1000 oz Silver Bars
The Perth Mint 1000 oz silver bullion bar is a cast bullion bar with tapered corners and a highly polished finish. The bar has a purity of 99.9% pure silver and is stamped with the Mint’s well-known Swan logo, which is also the Mint’s assay mark registered with the LBMA.
Large silver bullion bars are one of the most cost-effective ways of acquiring silver. The Perth Mint manufactures a range of silver bars in a range of sizes from 1oz to 1000oz.
The 1000oz silver bullion bars are stamped with The Perth Mint brandmark and include a serial number. Each bar is imprinted with a unique serial number as well as the weight ‘1000 ozs’ and fineness ‘999’. The Perth Mint bar is a sought-after investment product.
The Perth Mint is fully owned by the State Government of Western Australia. The company operates Australia’s only gold refinery and also produces legal tender gold and silver coins behalf of the Australian Commonwealth Government, and a range of silver and gold bar products.
The refinery is on the LBMA’s good delivery list for both gold and silver good delivery bars, and on the CME’s Comex approved refinery list for gold bars.
Royal Canadian Mint 1000 Silver Bars
The 1000 oz Royal Canadian Mint (RCM) silver bar is 99.9% pure silver. This is sometimes referred to as ‘3 nines.’
These largest of silver bars do not weigh exactly 1000 ounces. Rather the weight varies from 995 to 1,005 ounce. Each beautiful bar is struck with its unique serial number, weight, purity, and the RCM seal.
RCM silver bars are backed and guaranteed by the Government of Canada. 1000 oz. silver bars are COMEX acceptable/deliverable bars and are ideal when large purchases are being stored in precious metal depositories and secure international vaults.
The Royal Canadian Mint is a Canadian Crown Corporation whose sole shareholder is the Government of Canada. The Mint operates under Canadian legislation, and in addition to producing Canada’s circulating coinage, the RCM runs one of the world’s most respected gold and silver refineries in Ottawa, producing globally recognized high-quality bullion bars.
The Royal Canadian Mint was founded in 1908 in Canada’s capital city, Ottawa. The operated as the Ottawa branch of the Royal Mint until 1931 when it became known as the Royal Canadian Mint. It has been run as a Canadian Crown Corporation since 1969 and is fully owned by the Canadian Government.
After being closed for 23 years, the Mint’s silver refinery was reopened in 2006 following substantial new investment and now has a capacity of producing over 10 million ounces of silver per year.
The RCM is on the LBMA’s good delivery list for both gold and silver good delivery bars, and on the CME’s Comex approved refinery list for gold bars.
MKS PAMP 1000 Silver Bars
MKS PAMP is a precious metals group specializing in the refining and trading of physical precious metals. Founded in 1979 and based in Geneva.
The quality and authenticity of PAMP silver bars are verified by independent sworn assayers accredited by the Swiss Federal Bureau for the Control of Precious Metals (Assayer Fondeur).
1000 ounce silver bars are refined and made using the highest Swiss engineering skills at their modern, ‘state of the art’ refinery – the best assurance of consistent quality and excellence.
Standard hallmarks include country of production (Switzerland), weight, fineness, PAMP’s proprietary hallmark and ‘Assayer Fondeur’.
MKS is a member of the London Bullion Market Association (LBMA), as is its subsidiaries PAMP. PAMP operates in India through MMTC-PAMP, a joint venture between the PAMP and MMTC Ltd.
The MKS PAMP GROUP offers a comprehensive range of excellent precious metals products to accommodate every segment of the market, with particular emphasis on investment, jewelry, and industrial sectors.
The company specializes in the physical production of precious metals and logistics capabilities include a complete range of precious metals bars, of all shapes, weights, purities, and sizes (gold, silver and platinum group metals (PGM). It also produces precious metals coins, blanks and bullion bars for banks, financial institutions, governments and state mints worldwide.
PAMP is the world’s leading bullion brand, with dominant positions in the world’s major precious metals markets. Established in 1977 and based in Ticino, Switzerland, PAMP operates a state-of-the-art precious metals refinery and fabrication facility.
Johnson Matthey - Silver Bars 1000 oz
Johnson Matthey 1000 +/- oz silver bars remain popular with investors and like other silver bars provide the lowest price over spot for Silver. The bars range in weight from 930 to 1,080 and pricing is based on the exact weight of each silver bar.
Each bar is identified by the refinery with the exact weight in troy ounces, the purity of .999 fine Silver, and the refinery’s hallmark along with the unique serial number stamped on its surface.
These bars are the size smelters pour, and as each bar cools, they are weighed and stamped. These bars are less polished than their smaller counterparts, and generally, weigh between 930 and 1,080 ounces (approximately 70 pounds) on average.
Johnson Matthey has its global headquarters in Royston, Hertfordshire, just north of London. It is probably the oldest precious metals refiner in the world and can trace back its origins to 1817.
Johnson Matthey is a recognized refiner on the LBMA’s good delivery lists for both gold and silver, and the CME’s Comex approved refiner list for silver.
The company still refines silver in two of its refineries, namely Salt Lake City in Utah, and Brampton, Ontario, just outside Toronto.
Johnson Matthey was originally established in 1851 and traces its origins back to 1817. The refinery produced 1000oz bars at various times in the 1970s and 1980s but then halted production of the bar in the late 1980s, before starting to manufacture another version of the bar in approximately 2002.
Storing and Vaulting 1000 Silver Bars Internationally
Most silver investors and volume silver bullion buyers buy silver bars (1000 oz) for storage and do not take delivery and remove bars from the chain of integrity.
GoldCore offers our American clients large silver bars in fully insured secure storage facilities in safer jurisdictions such as Zurich, Singapore, Hong Kong, Perth, London, and Delaware.
Please Note - Bar Brands
While all silver bars sold by GoldCore are from LBMA approved refiners and mints, the bars that you will receive may not necessarily be identical to those pictured.
