5g Dove of Peace Silver Bar

A 5g Silver Bar from Israel's Holy Land Mint

The 5g Holy Land Mint Dove of Peace silver bar is part of a bullion series produced by Israel Coins and Medals Corporation (ICMC), operating under the "Holy Land Mint" international brand since 2014. The Dove of Peace series features a dove in flight carrying an olive branch, soaring over the walls of Jerusalem's Old City. The biblical imagery (referencing the story of Noah in Genesis 8:11) gives this series a distinctive cultural identity in a market dominated by Swiss and North American products.

ICMC was established in 1958 by Israel's first Prime Minister, David Ben-Gurion, as a government-owned corporation to produce commemorative coins and medals. It was privatised in 2008 (acquired by the G.R.A.S. Group) and launched the Dove of Peace bullion series in 2014, beginning with silver bars and rounds. Gold products followed in 2019. Despite the "Mint" branding, ICMC is not Israel's monetary authority and does not produce circulating currency; the Bank of Israel handles that role.

At 5 grams of .999 fine silver, this bar contains roughly $5 of metal content. The Dove of Peace brand and the distinctive Israeli provenance command a meaningful premium above generic silver at this weight. Buyers are paying for the design, the tamper-proof sealed packaging with Certieye authentication technology, and the cultural significance of holding bullion produced in the Holy Land. For practical silver accumulation, larger formats within the Dove of Peace series or other refiners' products at 1 oz or above offer far better premium efficiency.

Dove of Peace 5g Silver Bar Specifications

The bar is sealed in PETG blister packaging with a security film and unique serial number. The Certieye optical verification system provides a machine-readable authentication layer. These security features are more sophisticated than many competitors at this weight class, reflecting the Holy Land Mint's focus on tamper-evident packaging across their entire product range.

The .999 silver purity meets investment-grade thresholds for tax-exempt treatment in the United States (IRA eligibility), Canada (GST/HST exemption), Australia and New Zealand (GST exemption), and Singapore (IPM exemption).

Tax and Legal Status of the Dove of Peace Silver Bar

The Dove of Peace is a bullion bar, not a coin with legal tender status. It carries no face value and is not issued by a central bank. This classification affects its tax treatment in jurisdictions where legal tender status confers specific benefits.

• United States: IRA-eligible (silver at .999 purity meets the IRS Section 408(m) threshold). Exempt from sales tax in the majority of bullion-exempt states. Long-term capital gains at the 28% collectibles rate.
• United Kingdom: Subject to 20% VAT on purchase. Not CGT-exempt (not UK legal tender). Silver bars and rounds without legal tender status face both purchase tax and disposal tax in the UK.
• Canada: The bar meets purity requirements for GST/HST exemption. However, it does not qualify for RRSP eligibility because RRSP precious metals rules require coins with face value from a government mint. The Dove of Peace has no face value and the Holy Land Mint is not a government mint.
• Australia: GST-free as investment-grade silver at 99.9% purity in bar form.
• New Zealand: GST-exempt. No capital gains tax.
• Singapore: Qualifies for IPM exemption (silver at 99.9%+ in bar form).
• Hong Kong: No taxes apply.
• South Africa: Subject to 15% VAT.

Dove of Peace 5g vs Other 5g Silver Bars

The Dove of Peace 5g bar competes in a niche where brand storytelling and cultural appeal matter more than premium efficiency. The 5g PAMP Suisse bar offers broader dealer recognition and LBMA accreditation from a refiner with established global distribution. The 5g Argor-Heraeus bar provides similar Swiss LBMA credentials. Both will have tighter bid-ask spreads and easier resale through mainstream dealer networks.

The Holy Land Mint's advantage is distinctiveness. No other bullion producer offers Israeli provenance, the dove-and-olive-branch imagery, or the Jerusalem skyline design. For buyers with a personal connection to Israel, the Jewish faith, or the peace symbolism of the dove motif, this bar carries meaning that Swiss refiner products cannot replicate. The Certieye authentication system is also more advanced than the assay cards used by most competitors at this weight.

The narrower dealer network is the primary disadvantage. Dove of Peace products are distributed mainly through US dealers (APMEX, JM Bullion, Money Metals) and directly through the Holy Land Mint's website. European and Asian dealer availability is more limited than for PAMP, Valcambi, or Argor-Heraeus products. On resale, the bar will typically sell at melt value through most dealers, with the brand and design premium largely unrecoverable at this weight class. The 5g Monarch Precious Metals bar and 5g Nadir Refinery bar offer lower-premium alternatives for buyers who simply want 5g of silver without paying for brand or design value.