Don’t laugh there are thousands of people caught up in this game that will never know they have been had until it comes to selling their treasure in the secondary market. You are paying for “fake” bullion products sold to you with the promise that silver is moving higher and so you had better act today. It might look pretty, it might be shinny and have a mirror finish, it might be a limited edition, they may sell 500 items in 15 minutes but you are not buying silver bullion. In most cases the premium over melt you pay completely negates the fact that the coin or bar is made of silver. The reason being is that as the number of “limited editions” grows the more difficult it is to recover the premium you paid over melt.Ī venue to stay clear of are the Home Shopping players who claim their silver products are in someway related to the rise in the price of silver. The Franklin Mint pioneered this approach in the 1970′s and all high priced limited silver editions eventually went off the cliff and were melted for their silver value. The biggest offenders in the “new product” junk category are the so called “limited edition” silver coins and ingots. To informed buyers the difference between legitimate bullion and a substitute product masquerading as silver bullion (certified modern issues at high premiums) is obvious but to people new to the silver investing field it presents a problem. The minute the price of silver moves higher there is the normal reaction from the rank and file physical players (good) and then there is the reaction by silver hustlers looking to make a quick profit (bad).

Silver bullion investing is sometimes a crowded field. Visit our Audio Gold News Page for information on the precious metals market. We are happy to answer questions about the JM 1 oz Silver Bar – Ask an Expert The sale of less than 1000 oz is not reportable. The sale of 1000 oz or more is reportable on I.R.S. (6) The Johnson Matthey 1 oz Silver Bar is the perfect investment size allowing many options when either buying or selling. (7) There is no reporting requirement when you purchase one. (5) The Bar is an ideal barter choice in case paper currency is questioned. (4) The Bar features flat sealed plastic sheets (12” x 12”) which contain 20 silver 1 oz bars. (3) As a bullion product the price you pay over “spot” is small.

(2) The Johnson Matthey 1 oz Silver Bar is handy for smaller transactions and is easily stored in bank deposit boxes. Other reasons which make this 1 oz bar a good choice: (1) because of its uniform weight and size precious metal dealers post daily buy and sell prices which directly follow the price of silver. The Johnson Matthey 1 oz Silver Bar is struck and contains the familiar JM trade mark, weight, purity, fineness and serial number. JM refineries are large operations which process high grade gold and silver bullion from mining, jewelry, and industrial scrap. Johnson Matthey (JM) is one of the best known and respected refiners with operations in the United States and Canada. It is also popular because of its quality and acceptability into Individual Retirement Accounts (IRA).

The Johnson Matthey 1 oz Silver Bar has been popular in the bullion business since the early 1960’s because it is easy to recognize and store. Today many people believe silver is real money and a store of value as fiat currency loses value through inflation. Investment interest has also brought attention since the use of silver in US coinage was discontinued in 1964. And as the industry grows the need for silver increases and may push prices higher. Johnson Matthey 1 oz Silver Bar – Silver is talked about as an industrial metal because it has many uses in technology, medical science and the environment.

Pre-1933 Gold & Silver Coins PCGS Certifiedĭescription Johnson Matthey 1 oz Silver Bar.

2014 Australian Kilo Silver Koala (32.15 oz).

Jm silver bar serial number