Engelhard silver bars
History of Engelhard silver bars
There are many of manufacturers of silver bars around like Johnson Matthey, Royal Canadian Mint, Pan American Silver or Perth Mint but one of the best names when it comes time to buy silver bars is Engelhard.
Engelhard Corp was started by Charles Engelhard. Engelhard became the world’s largest refiner and fabricator of platinum metals, gold and silver, a producer of silver and silver alloys in mill forms, operator of the world’s largest precious metals smelter.
In the early 1970s, with inflation eating away at the purchasing power of the dollar, small refiners and mints began turning out .999 fine silver bullion bars to meet the demand of investors who wanted to take delivery of their investments, as opposed to speculating on futures exchanges. By the mid-1970s, demand was robust, and Engelhard Mineral and Chemicals Corporation began producing .999 fine silver bullion bars. Engelhard also minted, until 1988, their now nearly legendary 1-oz .999 fine silver rounds, which today are simply known as Engelhard Prospectors.
Engelhard 100-oz silver bullion bars quickly became popular and were produced until the mid-1980s when investor interest waned. Today, Engelhard silver bars are still common but they are not always available. But, Engelhard poured silver bullion bars are always desired.
Engelhard silver bars, along with Johnson Matthey poured silver bullion bars, were the standard for years. However, as investor demand grew toward the 1980 blow-off, when silver hit $50 (and gold $850), Engelhard switched to extruded bars, which were cheaper to produce.
About 100-oz Engelhard silver bars
Engelhard Silver Bar
Engelhard has always had a very good reputation when it comes to the purity and quality of the silver bullion bars they sold. Each bar produced by the company is stamped with the exact amount of pure silver that is contained within it so that collectors and consumers using it for an investment always know what they have. You can buy Engelhard bars with confidence and sell it just as easily without ever worrying about the purity of the silver bullion bars being questioned.
On Engelhard poured silver bars, the hallmark, the description, and the identification number are recessed, having been stamped on the bars. An Engelhard poured 100-oz silver bullion bar measures approximately 6-1/4″ X 3-1/8″ X 1″ and weighs 6.86 pounds on a bathroom scale.
Investing in 100-oz Engelhard silver bars
Engelhard 100-oz silver bars do offer an important investment advantage: they carry a low premium over spot silver. Engelhard bars are also recognized around the world as a trading medium and are therefore very liquid. It could be said also that Engelhard silver bars have emerged as a popular silver investment because they are uniform in size, easy to handle and convenient to store.
Some of the advantages of buying 100-oz Engelhard silver bars and ingots are:
- uniform size, making them very convenient to store and easy to handle;
- compact size, making them ideal for investors who want to secure a large amount of wealth in a relatively small storage area;
- recognizable hallmarks, making them readily accepted for resale and easily convertible to cash;
- the 100-oz silver bullion bars are often called investment bars, because collectors who buy them usually do so for investment purposes, not as a hedge against inflation;
- the 100-oz silver bullion bars are desirable because they offer a low markup over the spot price of silver, although they aren’t as flexible as the 10-oz variety.
Engelhard Silver Bar
When you go to buy silver bullion ingots produced by Engelhard it is a good idea to look for and invest in the 10-oz or the 100-oz silver bars. Both of these sizes are popular with investors and collectors alike. The 100-oz silver bars seem to be the company’s best product and they allow investors the opportunity to really get a good deal in silver bullion while avoiding the higher premiums that are found on silver bullion coins. Additionally, they sell extremely well when the price of silver goes up. If you buy 100-oz silver bars as an investment for a fair amount of money you could easily find yourself earning a premium of forty or more percent when the silver market goes up and you sell the bars back.
Always buy silver bullion bars in the best quality and highest purity you can possibly find and afford. If you should happen to find ingots with the Engelhard stamp on them, feel confident when you buy silver bullion from this manufacturer and know that it will accrue value and be a sound investment.
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