1 oz Dove of Peace Silver Bar

A Private Mint Bar with Holy Land Heritage

The 1 oz Holy Land Mint Dove of Peace silver bar contains one troy ounce of .999 fine silver, produced by Israel Coins and Medals Corp. (ICMC), the company that operated as Israel's government mint from 1958 until its privatisation in 2008. The bar features a dove carrying an olive branch in flight over the Old City of Jerusalem, a design referencing the biblical story of Noah in Genesis 8:11. The motif has been the centrepiece of ICMC's international bullion programme since the Holy Land Mint brand launched in 2014.

Each bar ships in tamper-proof sealed PETG packaging with a security film and unique serial number on the assay card. ICMC also uses Certieye authentication technology, an optical verification system that allows dealers and buyers to confirm provenance. These security features are more robust than what most private mint bars offer at the 1 oz size, though they do not match the multi-layered systems found on sovereign mint products like the 1 oz Royal Mint Britannia bar.

The Dove of Peace is the only silver bullion bar produced in Israel. For buyers seeking a connection to Holy Land heritage or religious symbolism in their bullion holdings, there is no direct competitor. The cultural significance of the dove-and-olive-branch imagery extends across Judaism, Christianity, and Islam, giving the product broad appeal within faith-oriented collecting. The bar's design has remained consistent since 2014, with annual date changes and occasional anniversary privy marks (the 2024 release marked the series' tenth year).

Dove of Peace 1 oz Silver Bar Specifications

The Holy Land Mint also produces the Dove of Peace as a 1 oz silver round, alongside gold versions in .9999 purity ranging from 1 gram to 1 oz. Gold bars are available in nine weight classes from 1 gram through 20 grams to 1 troy ounce, all at four-nines fineness. The silver bar and round share the same purity and weight but differ in format and packaging presentation.

Holy Land Mint products come sealed from the factory in tamper-evident packaging. The Certieye system works as an optical fingerprint: buyers or dealers can use a smartphone app to scan the bar and verify its identity against a registered database. This adds a layer of authentication beyond simple visual inspection, though it requires an active internet connection and the manufacturer's verification infrastructure to remain operational. Purchasing from authorised dealers remains the most straightforward authenticity assurance for secondary market buyers.

Tax Treatment for Dove of Peace Silver Bars

The 1 oz Dove of Peace is a private mint silver bar with no legal tender status in any jurisdiction. It carries no face value, which determines its tax treatment in most countries. The .999 purity meets investment-grade thresholds in all major markets where such thresholds exist.

• United Kingdom: Subject to 20% VAT on purchase. Not CGT-exempt (only UK legal tender coins like the Britannia qualify for CGT exemption). Silver bars carry both VAT on entry and CGT on disposal, making them the least tax-efficient silver format for UK buyers. The margin scheme cannot apply to new bars from the manufacturer.
• United States: Sales tax treatment varies by state, with approximately 35 states exempting precious metals bullion. The bar's .999 purity meets the IRS minimum for precious metals IRA inclusion, and Holy Land Mint products are widely listed as IRA-eligible by US custodians. Capital gains are taxed at the 28% collectibles rate for assets held over one year.
• Canada: GST/HST exempt as a silver bar at .999 purity in investment form, meeting the 99.9%+ threshold for the federal precious metals exemption. Not RRSP-eligible (requires coins issued by a government mint with face value).
• Australia: GST-free as investment-grade silver at 99.9%+ purity in bar form.
• New Zealand: GST-exempt for silver at 99.9%+ purity in bar form.
• Singapore: GST-exempt under the Investment Precious Metals (IPM) scheme for silver at 99.9%+ purity in bar form from qualifying manufacturers.
• Hong Kong: No sales tax, no import duty, no capital gains tax.
• EU: Subject to local VAT rates on silver (17-27% depending on country). Gold Dove of Peace bars at .9999 purity qualify for the EU Investment Gold VAT exemption, but silver does not regardless of purity.