1 Kilo Dove of Peace Silver Bar

Israel's Holy Land Mint in Kilo Silver

The 1 Kilo Holy Land Mint Dove of Peace Silver Bar is produced by Israel Coins and Medals Corp. (ICMC), trading internationally as The Holy Land Mint. Established in 1958 by Israel's first Prime Minister David Ben-Gurion, ICMC was originally a government-owned operation producing commemorative medals and coins. After privatisation in 2008 (acquired by G.R.A.S. Group), the company launched its "Holy Land Mint" international bullion brand in 2014, with the Dove of Peace series as its flagship product.

The kilo format is the largest standard silver offering in the Dove of Peace range. At .999 fine silver, it carries the series' distinctive design: a dove in flight carrying an olive branch over the walls of Jerusalem's Old City. This imagery references the biblical story of Noah (Genesis 8:11) and functions as a peace symbol with deep cultural resonance. The bar comes in tamper-proof sealed protective packaging with Certieye authentication technology and a unique serial number on the security card.

For buyers seeking silver bullion with distinctive cultural and religious symbolism, the Dove of Peace kilo bar is the only bullion series produced in Israel currently available at this weight. It appeals to a specific market segment: buyers who want the investment function of a kilo silver bar combined with a connection to the Holy Land and its associated spiritual significance.

Holy Land Mint Dove of Peace 1 Kilo Bar Specifications

The bar features the dove-and-olive-branch design on its obverse, with Holy Land Mint branding and technical specifications (weight, purity) on the reverse. The design has remained consistent since the series launched in 2014, with year-date changes being the primary variation between issues.

The Certieye authentication technology is an optical verification system that provides a layer of anti-counterfeiting protection beyond traditional serial numbers and assay cards. Each bar's sealed PETG blister packaging includes security film that shows visible evidence of tampering if opened.

The Holy Land Mint is not LBMA-accredited. LBMA Good Delivery status applies to large wholesale bars (400 oz gold, 1000 oz silver) from accredited refiners. The Holy Land Mint's retail bars carry their own assay certification and authentication systems instead. This does not affect the silver content or purity, but it means the bars lack the universal instant-recognition that LBMA hallmarks provide in the secondary market.

Tax Position as a Non-Legal-Tender Silver Bar

The Dove of Peace kilo bar is classified as an investment-grade silver bar or round. It carries no face value and no legal tender status in any jurisdiction, including Israel. ICMC is not Israel's monetary authority (that role belongs to the Bank of Israel). Tax treatment follows standard silver bar rules worldwide.

• United States: State-dependent sales tax. IRA-eligible: the .999 purity meets IRS requirements (99.9% minimum for silver in a precious metals IRA). Must be held by an approved custodian. Several major US dealers (APMEX, JM Bullion, Money Metals) carry this product and facilitate IRA purchases. Capital gains at the 28% collectibles rate.
• United Kingdom: Subject to 20% VAT on purchase. Not CGT-exempt (no legal tender status). UK buyers face both acquisition tax and disposal tax on silver bars.
• Canada: GST/HST exempt at 99.9%+ purity. However, as a non-legal-tender round/bar without government mint provenance carrying a face value, RRSP eligibility may be limited. RRSP rules typically require coins from recognised government mints with face value.
• Australia: GST-free for investment-grade silver at 99.9% purity on first supply after refining.
• New Zealand: GST-exempt for silver at 99.9%+ purity in bar form.
• Singapore: GST-exempt under the Investment Precious Metals scheme for silver at 99.9%+ purity in bar, ingot, or wafer form from qualifying sources.
• European Union: Standard VAT at national rates (17-27%). Gold products from the Holy Land Mint (.9999 fine) qualify for the EU Investment Gold Directive exemption; silver does not benefit from any EU-wide exemption.
• Hong Kong: No sales tax, no import duty, no capital gains tax.

Dove of Peace vs Mainstream Kilo Silver Bars

The Holy Land Mint Dove of Peace kilo bar occupies a niche position between standard investment bullion and collectible/themed products. Understanding its place in the market helps buyers decide whether the premium above generic bars is justified for their purposes.

Standard kilo silver bars from LBMA-accredited refiners like PAMP Suisse, Heraeus, or the Royal Canadian Mint offer the lowest premiums and widest resale liquidity. These bars are universally recognised by dealers worldwide, with established buyback programmes and tight bid-ask spreads. For pure investment purposes (maximum silver per dollar, easiest liquidation), these mainstream bars are more efficient.

Against other branded kilo bars with distinctive designs, the Dove of Peace competes with products like the Perth Mint kilo bars and Royal Mint Britannia bar. These competitors benefit from government mint backing and broader dealer networks. The Holy Land Mint's dealer network is narrower, primarily concentrated among US dealers (APMEX, JM Bullion, Money Metals) and the mint's own direct sales channel. European and Asian dealer recognition is more limited.

The Dove of Peace bar's unique selling point is its cultural and religious significance. For buyers motivated partly by a connection to Israel, the Holy Land, or the peace symbolism of the dove-and-olive-branch motif, no other kilo silver bar offers this combination. This is not a mainstream investment factor, but it creates a specific collector base that supports secondary market values. The bar's Certieye authentication technology also provides a verification layer that most cast bars from traditional refineries lack.

Liquidity on resale will depend on finding dealers or buyers who recognise the Holy Land Mint brand. Major US dealers carry the product and will buy back at competitive spreads. Outside North America, the bar may attract wider bid-ask spreads from dealers less familiar with the brand. Buyers planning to hold long-term and sell through the same channels they purchased from will find this less of a concern.