100 oz Texas Mint Silver Bar

A 100 oz Silver Bar from Texas Mint

The 100 oz Texas Mint silver bar is a plain-branded, high-purity cast bar produced by a private US mint with roots in small-town industrial Texas. Texas Mint is the manufacturing division of Texas Precious Metals, itself a subsidiary of Kaspar Companies, a family business operating in Shiner, Texas since 1898. The bar is refined to .999 fine silver and carries the Texas Mint hallmark, weight stamp, and purity marking.

At 100 troy ounces, this bar sits in the largest common retail silver format. Buyers at this weight are typically accumulating silver by value rather than unit count, prioritising low per-ounce premiums over portability or divisibility. The 100 oz Texas Mint bar competes against established names like the 100 oz Royal Canadian Mint bar, 100 oz PAMP Suisse bar, and various generic 100 oz bars from LBMA-accredited refiners. Texas Mint's position in this market leans on competitive pricing and domestic US production rather than international brand recognition.

The bar weighs approximately 3.11 kg (6.86 lbs) and measures 132.7 mm x 78.9 mm x 29.7 mm. This is a substantial object that requires secure storage and is not easily divisible for partial sales. Buyers should plan to sell the full bar rather than splitting it, which is one reason some investors prefer to accumulate ten 10 oz Texas Silver bars instead.

100 oz Texas Mint Bar Specifications

The bar is stamped with the Texas Mint name, weight, and purity. Unlike the Texas Silver series bars (which carry .9999 purity), this generic Texas Mint bar is refined to .999 fine silver, the standard for retail silver bars. It does not carry serial numbers or come sealed in assay packaging.

The 100 oz format is the largest commonly traded retail silver bar size. Beyond this, the next step up is the 1,000 oz LBMA Good Delivery bar, which is an institutional wholesale product not practical for individual investors. At 3.11 kg, the 100 oz bar is manageable for home storage but heavy enough that handling multiple bars requires consideration.

Tax Treatment for the 100 oz Texas Mint Silver Bar

Silver bars receive less favourable tax treatment than gold in most jurisdictions. The specific rules depend on where the buyer takes delivery.

• United States: No federal sales tax. Approximately 35 US states exempt bullion from state sales tax, including Texas (where the bar is produced). States that do tax bullion include New Jersey (7%), Minnesota (~6.875%), Tennessee (7% plus local), and others. California exempts purchases over $2,000, which a 100 oz silver bar would exceed. Capital gains are taxed at the 28% collectibles rate for holdings over one year.
• United Kingdom: 20% VAT applies on purchase. Silver bars are not CGT-exempt (they carry no legal tender status). The margin scheme is available only on pre-owned bars, not new production.
• Canada: GST/HST exempt because the bar meets the 99.9%+ purity threshold for precious metals exemption.
• Australia: GST-free. The .999 purity exceeds the 99.9% threshold for investment-grade silver.
• New Zealand: GST-exempt. Silver at 99.9%+ purity in bar form qualifies.
• Singapore: GST-exempt under the Investment Precious Metals (IPM) scheme. Silver bars at 99.9%+ purity from recognised refiners qualify.
• Hong Kong: No sales tax, no import duty, no capital gains tax.
• European Union: Standard VAT applies at national rates (17-27% depending on country). No exemption for silver bars in most EU states. The German margin scheme (Differenzbesteuerung) applies only to pre-owned silver.

For US retirement accounts, the bar is potentially IRA-eligible since it meets the .999 purity requirement. However, IRA custodians maintain their own approved-product lists, and less widely recognised private mint bars may not appear on all custodian lists. Buyers intending IRA inclusion should verify with their custodian before purchasing.