Is a 10 oz silver bar a good buy?

It suits buyers who want low-premium exposure to silver. Compare the total price per ounce against spot before buying, since premiums vary a lot between dealers.

Is it worth paying more for a minted bar?

Royal Canadian Mint bars carry a recognized name, which helps at resale. If you only care about metal, a generic bar with a lower premium does the same job.

How should I store it?

Keep it in its sealed packaging if you may resell it, and store it somewhere dry. Silver tarnishes, so avoid damp and handling the surface.

Can I sell it back easily?

Yes. Coin shops and bullion dealers buy 10 oz bars, usually near spot minus a small buyback discount. Keep any assay card or packaging.

When is the best time to buy?

Silver bullion is cheapest relative to spot when premiums are low, which often happens in calm markets. Watch the premium, not just the headline price.

Royal Canadian Mint Silver Bar 10 oz (New)

Last price we saw

$592.77at United States Gold Bureau, last seen Nov 1

Prices change often: ask the agent below to check today's price at every store.

Prices are checked against each store and labelled with when.

Ask our shopping agent

Our take on the Royal Canadian Mint Silver Bar 10 oz (New)

A 10 troy ounce silver bar struck by the Royal Canadian Mint at .9999 purity, sold new and sealed. It is a bullion product, so its price tracks the spot price of silver plus a small premium over melt. The bar's value moves with the silver market, and the premium you pay above spot is the main cost to compare across sellers.

Best forBuyers stacking physical silverInvestors who want sovereign-mint qualityGifts for collectors of Canadian coins and bars

Pros

.9999 fine silver, the highest common bullion purity
Made by a sovereign mint with a long refining record
10 oz size keeps premiums lower per ounce than small bars
Recognized and easy to resell

Cons

Price moves with spot silver, so value can fall
Dealer premiums and shipping add to the cost

Royal Canadian Mint Silver Bar 10 oz (New) prices at every store

United States Gold BureauCheck price at United States Gold Bureau

Royal Canadian Mint Silver Bar 10 oz (New) price history

Lowest price we've seen: $592.77 on Nov 1 at United States Gold Bureau. Tracked across 1 store since Nov 1.

Specifications

Purity: .9999
Metal: Silver

Questions and answers

Is a 10 oz silver bar a good buy?: It suits buyers who want low-premium exposure to silver. Compare the total price per ounce against spot before buying, since premiums vary a lot between dealers.
Is it worth paying more for a minted bar?: Royal Canadian Mint bars carry a recognized name, which helps at resale. If you only care about metal, a generic bar with a lower premium does the same job.
How should I store it?: Keep it in its sealed packaging if you may resell it, and store it somewhere dry. Silver tarnishes, so avoid damp and handling the surface.
Can I sell it back easily?: Yes. Coin shops and bullion dealers buy 10 oz bars, usually near spot minus a small buyback discount. Keep any assay card or packaging.
When is the best time to buy?: Silver bullion is cheapest relative to spot when premiums are low, which often happens in calm markets. Watch the premium, not just the headline price.