If or when you have decided to make a reasonably large investment in silver for wealth protection and/or trading purposes, it would be wise to consider this 1,000 oz. silver bar from a giant of long standing in the industry, Johnson Matthey of Great Britain. This heritage company manages, distributes, refines and recycles precious metals with separation technology for seven metals (gold, silver, platinum, palladium, rhodium, iridium and ruthenium) and fabricates products from them, including this Good Delivery Bar.
One thousand troy ounces is an approximate weight. There may be a variance of a few ounces higher or lower, depending on how the molten silver is poured into the mold. As it cools, the exact weight is pressed into the bar along with the refinery hallmark (in this case, JM), its fineness (.999) and its unique serial number. It may also indicate the year of its minting. At the approximate size of 13 inches in length, four and three-quarters inches in width, and three and a half inches thick, this hefty brick has a rough, unfinished appearance. This is pure silver, meant for its multiple utilitarian purposes or as a representation of real value. It also represents the best purchase value for the money, the lack of intricate design meaning a handsomely low markup over spot price.
As mentioned above, a 1,000 oz. silver bar, while possessing the metal’s innate beauty, is not a presentation piece in the category of smaller ingots or collectible coins. Goldbroker recommends that you store bricks of this size in secure vault facilities such as those of our partner, Malca-Amit. Please look elsewhere on our web site or simply contact one of our experts for information on how to proceed.
The largest and one of the oldest full service refiner of precious metals in the world, the Johnson Matthey company began as a gold assayer in London in 1817, becoming Official Assayer and Refiner to the Bank of England in 1852. Today it operates in more than 30 countries around the world. Its USA headquarters are located in Wayne, PA.
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