Ausecure
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Prices are fetched automatically and may not reflect current merchant prices. Currency conversions and tax treatment are approximate. Rankings are based solely on price. We are not a dealer and accept no responsibility for transactions with listed merchants. Past performance is not indicative of future results. This site does not provide investment advice. Full disclaimer
5 Kilo Silver Bar: frequently asked questions
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The cheapest 5kg silver bar tracked here is $11,622.25, based on a silver spot price of $65.71. The best deal is currently with Ausecure, sitting around 10.1% over spot. 2 dealers carry this size, so the comparison table above is the quickest way to find the best price.
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Generic 5kg silver bars are typically 999 fine silver, meaning 99.9% pure. This is the three-nines standard used for investment bullion and is distinct from sterling silver (92.5% pure), which is used in jewellery and cutlery. At 5,000 grams, a 999 fine bar contains the full 5kg as investable silver content.
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A 5kg silver bar is a substantial object, typically cast rather than minted, and noticeably heavier than smaller investment bars. Exact dimensions vary by refiner. Its weight makes it less practical to move frequently than smaller bars and means a suitably rated safe or secure storage facility is worth planning for before purchase.
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Tax on silver bars varies by country. In the UK, silver bullion carries 20% VAT, making it a significant additional cost at this size. In Canada, investment silver is GST/HST-free at 0%. Australia also charges no GST on investment silver at 0%. On disposal, UK gains above the £3,000 annual allowance are taxed at 18% to 24%; US investors pay up to 28% on long-term gains.