100g Themis Silver Bar

The 100g Themis Silver Bar

The 100g Themis silver bar contains 100 grams (3.2151 troy oz) of .999 fine silver from Kinesis Mint, the independent refinery and mint established in Istanbul in 2021. The Themis figure on the bar, the Greek goddess of justice with her scales, was designed in-house and reflects the branding of parent company Kinesis Money, founded in 2018 by Thomas Coughlin, which runs a blockchain platform where digital tokens (KAU for gold, KAG for silver) are backed one-to-one by physical metal in nine global vaults. The Themis bars are the physical side of that ecosystem, though they can be bought outright with no involvement in the digital platform.

As a weight class, 100g is the practical metric entry point for silver bars. At roughly $100 of metal value it is an affordable recurring purchase, and because 100g is close to a third of 10 oz (3.22 oz vs 10 oz), premiums on the two formats are broadly comparable. The format suits buyers in metric-system markets accumulating in modest, regular increments.

The considerations are the same as for any young private mint. Kinesis Mint is ISO 9001:2015 certified with in-house purity testing, but its LBMA accreditation is unconfirmed, and private-mint bars generally resell into a narrower market at wider spreads than LBMA-accredited or sovereign products. Priced accordingly, the bar is a straightforward 100 grams of fine silver; priced like a PAMP, it is not the efficient choice.

Themis 100g Silver Bar Specifications

The silver Themis range covers 1 oz, 5 oz, and 100g minted bars, all at .999 fine. The gold line runs from 1g to 50g at .9999 purity with laser-engraved serial numbers, plus an unusual 500mg gold bill, a note-shaped product with half a gram of embedded gold. A separate round format carries the Egyptian goddess Ma'at; the Themis design is reserved for bars.

Production runs under ISO 9001:2015 certification with in-house lab purity testing and tamper-evident packaging, at a capacity of around 200,000 pieces per month, modest next to major sovereign mints but significant for a private operation. The Istanbul location places the mint in one of the world's largest gold markets with a long refining tradition.

Themis 100g Silver Bar Tax Treatment

Standard silver bar rules apply, with the mint's accreditation status mattering in a couple of places.

• US: No federal sales tax; most states exempt bullion. A single 100g bar (roughly $100 of silver) falls below the exemption thresholds in California ($2,000), Florida ($500), New York, Louisiana, and Massachusetts ($1,000), so it can attract sales tax in those states where a larger order would not. Gains are taxed at up to the 28% collectibles rate. The .999 purity meets the IRA threshold for silver, but private-mint bars also need an accredited manufacturer; Kinesis Mint's LBMA/COMEX status is unconfirmed, so eligibility depends on the custodian.
• UK: 20% VAT on new silver bars, with no CGT exemption on disposal.
• EU: Full standard VAT on new silver at national rates (19% Germany, 21% Netherlands, up to 27% Hungary).
• Canada: 0% GST/HST for silver refined to 99.9% or better in bar form.
• Australia: GST-free at 99.9%+ purity from accredited sources; Kinesis Money's Brisbane headquarters makes local availability comparatively strong.
• New Zealand and Singapore: GST-exempt at 99.9%+ purity, with no capital gains tax in either.
• Hong Kong: No sales tax, no duties, no capital gains tax.

Themis 100g vs European Refiner Bars

The 100g silver class is well served by the established European names: Valcambi, PAMP Suisse, Heraeus, and Umicore all produce 100g silver bars, in cast and minted finishes. Those are LBMA-accredited refiners whose bars are recognised by dealers worldwide and resell with minimal friction. The Themis bar competes against them on price and on its ecosystem story rather than on recognition; Kinesis Mint is newer, and its accreditation status is unconfirmed.

Among private mints, Geiger Edelmetalle is the instructive comparison: a long-established German operation that built strong European recognition over time, showing the path a newer mint has to climb. Sovereign mint bars from the Perth Mint or Royal Canadian Mint add government backing on top.

The format choice matters as much as the brand. A 100g bar and a 10 oz bar are near neighbours in weight and premium, so the decision between them is mostly metric versus troy convention and what the local resale market prefers; 10 oz dominates North America while 100g is the natural European size. Within the Themis range itself, the 100g bar offers better premium efficiency than the 1 oz version, since fixed minting costs spread across more than three times the silver. For Kinesis platform users taking physical delivery, the choice is already made; for everyone else, the bar earns its place when its price undercuts the accredited alternatives by enough to cover the resale spread.