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| Product | /oz | Premium | Price | |
|---|---|---|---|---|
Golden Eagle Coins
|
$73.08 | +12.33% | $109.62 | View Deal |
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Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
1.5 oz Silver Bar: frequently asked questions
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The cheapest 1.5 oz silver bar tracked on this page is $109.62, currently around 12.3% over the $65.33 silver spot price. At 1.5 troy ounces, its melt value is 1.5 times the prevailing spot price, with the dealer premium on top covering fabrication, distribution, and profit margin.
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Investment silver bars like these are .999 fine silver (99.9% pure), not sterling silver. Sterling silver, used in jewellery and cutlery, is an alloy containing only 92.5% silver. Bullion bars carry a purity mark of 999 and are intended for investment, not decorative use.
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Three quick checks cover most fakes. First, test with a magnet: genuine silver is not magnetic, so any attraction is a red flag. Second, weigh the bar precisely; it should be within a fraction of a gram of its stated 46.66g. Third, look for clear hallmarks stamped into the bar showing the weight, purity (.999), and refinery name, and verify those against the refinery's official specifications.