5 oz Texas Mint Silver Bar

The 5 oz Texas Mint Silver Bar

The 5 oz Texas Mint silver bar is produced by Texas Mint, a division of Texas Precious Metals that was spun off in 2018. Texas Precious Metals itself was founded in 2011 as a subsidiary of Kaspar Companies, a 128-year-old family business (established 1898) based in Shiner, Texas. This heritage makes Texas Mint one of the more unusual entrants to the private minting space, backed by an industrial manufacturing company with deep roots in central Texas.

Texas Mint is best known for its annual Texas Silver round series, which has been in production since 2013 and surpassed 3 million rounds in circulation by 2026. The 5 oz bar extends the Texas Mint brand into a heavier format for buyers who want to accumulate silver in larger increments while staying within the Texas Mint product family.

The bar is struck in .999 fine silver and carries the Texas Mint branding. Texas Precious Metals has processed over $4 billion in transactions since inception, giving the company meaningful scale despite its regional identity. For buyers in Texas and the broader US market who value the brand and its manufacturing pedigree, the 5 oz bar offers a mid-weight option in the same product line as the popular 1 oz rounds, the 10 oz bars, and the 100 oz bars. No sales tax applies on precious metals purchases in Texas.

Texas Mint 5 oz Bar Specifications

Product Line Context

Texas Mint produces silver in multiple formats. The bar line includes 1 oz, 5 oz, 10 oz, and 100 oz sizes. All carry the Texas Mint branding and weight/purity markings stamped directly into the silver surface. The company manufactures on-site in Shiner, Texas, using precision minting equipment at a facility that also serves as the headquarters for Texas Precious Metals.

The 5 oz bar sits in the middle of the range, above the popular 1 oz Texas Silver rounds but below the 10 oz bars that offer slightly better per-ounce premiums. Texas Mint uses sealed monster boxes (cold-rolled steel with powder-coated finish, individually serial-numbered) for bulk packaging of their round products, though the bars are sold individually or in smaller lots. The .999 purity on the bars is slightly below the .9999 purity achieved on Texas Mint's 1 oz round products.

Tax Treatment for the Texas Mint 5 oz Bar

Standard silver bullion tax rules apply. No legal tender status and no government backing.

• United States: IRA-eligible at .999 purity. No sales tax in Texas on precious metals purchases, making direct purchase from Texas-based dealers particularly attractive for in-state buyers. Approximately 35 US states exempt investment bullion from sales tax. Capital gains are taxed at up to 28% (collectibles rate) for holdings exceeding one year; short-term gains are taxed as ordinary income. The Texas location means no state-level complications for local buyers.
• United Kingdom: Subject to 20% VAT on purchase. Not CGT-exempt (bars have no legal tender status). Texas Mint products have minimal presence in the UK market; acquisition would typically require importing from US dealers.
• Canada: GST/HST exempt as .999 fine silver in bar form under federal investment precious metals rules.
• Australia: GST-free at 99.9% investment-grade purity for silver in bar form.
• New Zealand: GST-exempt for silver bars meeting the 99.9% purity threshold.
• Singapore: IPM GST exemption applies at .999 purity in bar form from qualifying sources.
• Hong Kong: No sales tax, no import duty, no capital gains tax on precious metals.