20 oz AARUS Silver Bar

A Canadian Private Mint Bar at 20 Ounces

The 20 oz AARUS silver bar is produced by AARUS, a Canadian precious metals brand manufacturing .999 fine silver bars and rounds. The company produces across multiple weights for the North American bullion market, with the 20 oz bar sitting in the non-standard gap between the widely popular 10 oz format and the institutional-scale 100 oz bar.

AARUS operates as a private mint without LBMA accreditation, positioning its products in the competitive space below the major sovereign mints and established refineries. The brand targets bullion investors seeking straightforward silver accumulation at minimised premiums, without the design premiums or brand markup associated with Swiss refiners or government mints.

At .999 fine silver and 20 troy ounces (622 grams), the bar contains identical metal to a 20 oz product from any other .999 refiner. The practical differences lie in brand recognition, dealer acceptance on buyback, and the availability of secondary-market buyers. For a Canadian private mint product, the most natural resale channels are Canadian online dealers, AARUS's own buyback programme (if offered), and peer-to-peer platforms where brand carries less weight than price.

The 20 oz weight offers the same convenience benefits as any bar at this size: fewer pieces to track than buying two 10 oz bars, manageable physical weight (approximately 1.4 lbs), and modest absolute investment (roughly $660 at current silver prices). The main trade-off against more established brands is the potentially wider bid-ask spread on resale through dealers who are less familiar with AARUS products.

20 oz AARUS Silver Bar Specifications

AARUS produces gold and silver bars and rounds from Canada, targeting the North American market where troy-ounce denominations are the standard trading unit. Their 20 oz silver bar follows standard production practices for the weight class, with the bar carrying the AARUS brand mark, weight, and purity designation. The company manufactures at .9999 fine gold and .999 fine silver, meeting or exceeding the purity thresholds for tax-exempt treatment in both Canada and the United States.

As a Canadian product, the bar carries particular relevance for Canadian buyers seeking domestically produced bullion. Canadian-origin silver at .999 purity qualifies for GST/HST exemption under federal precious metals rules, regardless of whether the manufacturer holds international accreditations like LBMA Good Delivery. The 20 oz format represents a moderate commitment of approximately $660 CAD in metal value, placing it between casual purchases and the larger 100 oz bars favoured by serious accumulators. At 622 grams, the bar is physically manageable for home storage and transport.

Tax Treatment for the 20 oz AARUS Silver Bar

Standard silver bullion tax rules apply based on purity and form. The Canadian origin is most directly relevant for Canadian domestic buyers, who benefit from federal GST/HST exemption on qualifying bullion.

• Canada (domestic market): GST/HST exempt for silver bars at 99.9%+ purity in bar, ingot, or coin form. The .999 purity qualifies without requiring LBMA accreditation. No provincial variation on this federal exemption. Capital gains subject to the 50% inclusion rate (50% of gain is added to taxable income at the individual's marginal rate). The Listed Personal Property rule means items purchased and sold for under $1,000 CAD each are not reportable for capital gains purposes.
• United States: State-dependent sales tax. Approximately 35 states exempt bullion. IRA eligibility depends on custodian requirements regarding mint accreditation; the .999 purity threshold is met. Capital gains at up to 28% (collectibles rate) for holdings over one year; short-term gains taxed as ordinary income.
• United Kingdom: 20% VAT on import/purchase. Subject to CGT on disposal. Not typically stocked by UK dealers.
• Australia: GST-free as investment-grade silver (99.9%+ purity) in bar form.
• New Zealand: GST-exempt for silver at 99.9%+ purity in bar form.
• Singapore: IPM qualification may be limited for non-LBMA products. Verify exemption eligibility with the specific dealer.
• Hong Kong: No sales tax, no import duty, no capital gains tax regardless of product origin or manufacturer status.