2 oz Egyptian Relic Silver Bar

The 2 oz Egyptian Relic Silver Bar

This bar carries 2 troy ounces (62.207 g) of .999 fine silver from Scottsdale Mint, the private Arizona mint behind the Egyptian Relic programme. The Relic theme, launched in 2016, is one of the more distinctive in modern silver: each design draws on ancient Egyptian figures, deities, and artifacts, with real hieroglyphics incorporated into the artwork and an antique finish that mimics aged bronze or stone. The series' best-known products are the legal tender coins struck for the Republic of Chad with their signature rimless "chiseled granite" edges; the bar format delivers the same Scottsdale production and Egyptian theming without the sovereign-coin packaging.

Two ounces is an unusual weight for a bar. Most refiners jump from 1 oz straight to 5 oz or 10 oz, so 2 oz bars are a private-mint specialty rather than a standard trading size. That cuts both ways: the format gives a larger canvas than a 1 oz piece at half the outlay of a fiver, but generic 2 oz products have less established resale recognition than the standard weights, so the design and the Scottsdale name are doing more of the work at exit. Buyers treating this as themed silver with collector appeal, rather than the cheapest possible route to two ounces, are reading it correctly; within the Relic programme itself, mintages have trended downward over the years, which has lifted secondary-market premiums for earlier releases.

For pure cost efficiency, a 10 oz silver bar remains the stacker's default; this bar competes on theme and scarcity instead.

Tax on the Egyptian Relic Silver Bar by Country

Silver receives far fewer exemptions than gold, and as a bar this product has no legal tender status anywhere, so standard silver bar treatment applies throughout.

• UK: 20% VAT on purchase and no CGT exemption on disposal. Pre-owned pieces sold under the margin scheme can avoid most of the VAT hit, and UK dealers do list pre-owned Egyptian Relic items VAT-free, which is worth checking before paying full-rate VAT on new stock.
• US: The primary market. No federal sales tax; most states exempt bullion, a minority tax it or apply purchase thresholds. At .999 the bar meets the IRS 99.9% silver fineness floor; IRA eligibility also depends on the custodian accepting the product and approved storage. Long-term gains are taxed at the collectibles rate of up to 28%.
• Canada: Silver refined to 99.9% or higher purity in bar form is exempt from GST/HST under the federal rule, which a .999 bar satisfies.
• EU: Full local VAT on new silver at national rates between 17% and 27%; margin scheme relief in countries like Germany applies only to pre-owned items.
• Australia and New Zealand: Both exempt investment-grade silver at 99.9% purity from GST, which .999 meets at the threshold. New Zealand has no formal capital gains tax.
• Singapore and Hong Kong: Singapore's Investment Precious Metals exemption covers silver at 99.9%+; Hong Kong levies no sales tax or CGT at all.

Egyptian Relic Bar vs Relic Coins, Egyptian Gods Rounds, and Standard Bars

The first comparison is internal. The 2 oz Egyptian Relic coin offers the same weight, purity, and theme with Republic of Chad legal tender status, a 1,000 CFA Franc face value, the antique matte finish, and the rimless chiseled edge that makes the coins resemble fragments of carved stone. Early 2 oz coin issues like the 2017 Ramesses II ran 25,000-piece mintages. The coin is the flagship format collectors chase; the bar is the simpler, more conventional package for the same artwork tradition.

The closest external rival is the Egyptian Gods series of 2 oz silver rounds from Elemetal/Provident, a competing private-mint take on the same deity themes with no sovereign backing on either side once you compare round against bar. Scottsdale's other African-nation programmes, such as the Congolese Silverback Gorilla series, share the private-mint-for-sovereign-issuer model but use a standard brilliant uncirculated finish rather than the Relic's antiqued artifact style. Perth Mint's mythology-themed coins occupy similar collector territory with proof or coloured finishes.

Against standard bullion, the maths is straightforward: a generic 2 oz holding via two 1 oz bars or a single larger bar buys silver weight with less premium attached, and 2 oz silver coins from the Royal Mint and Perth Mint offer the weight class with sovereign recognition. The Relic bar's case is the theme, the Scottsdale strike quality, and series scarcity rather than cost per ounce.