Characteristics of the 1 kg silver bar
Designed and created in the heart of Europe in Canton Ticino, Switzerland, by MKS PAMP Suisse. Each bar is also stamped with the weight and purity of PAMP silver. This silver bullion is decorated with the famous PAMP seal: 4 circles each of which contains a letter forming the word PAMP.
Below the seal is stamped the word “Suisse” indicating that this silver bar 1 kg (price available here) has been produced in Switzerland. On its front side, the silver ingot also indicates other important information such as its exact weight, purity, serial number. With a purity of 99.99% pure silver, this 1 kg silver switzerland bar is perfect for all collectors, buyers, silver lovers, unique gift givers, or for those who appreciate the simple form of savings and gifts.
How much is a 1 kg silver bar worth?
With a purity of 99.99% and a weight of 1 kg, or 32,15 ounces (oz), its price is calculated by multiplying its silver content by the current silver spot price and then adding the premium.
What is the resale value of a 1 kg silver bar?
As we do not take any commission (0%) on resale for stored products, the resale value for this coin at GOLD AVENUE is simply what is known as the “metal price”, which is the bar’s current price on the market.
Track the 1 kg silver price to catch the best opportunity to buy or sell your physical silver products.
What is the best way to store a 1 kg silver bar?
When you buy silver, especially the silver 1 kg bar, you will have to store it somewhere. You can store it at home, but home storage might create a lot of fees. To store silver at home, you will need to buy expensive equipment to protect your products, including a private secured vault and all the necessary tools to manipulate your silver.
You can also store it for free in our secured vault and they will be fully protected as well as insured by GOLD AVENUE.
How can I resell my 1 kg silver bar?
If you store your 1 kg silver bar with GOLD AVENUE, you can resell it directly from your online wallet. With only a few clicks, you can complete the process and sell your product, instantly and with no commission (0%).
If you decide to store your silver at home, you will have to find a trusted local reseller and that you might need to plan in advance as selling to a physical shop involves many steps which can take some time.
Handling and protecting a 1 kg silver bar
Protect your 1 kg silver bar from fingerprints by using cotton gloves and handling your ingot with care. You can also protect it by keeping it inside a protective sleeve made of soft material. This will ensure your silver bar remains free of marks, scratches, or damages, and retains its pristine quality and value.
Invest in 1 kg silver bar
The price of silver, including the price (1 kg silver) remains one of the best ways to diversify its portfolio and is often chosen as an entry-point into precious metals by savers and investors. Purchasing a 1 kilo PAMP suisse silver bar is the perfect opportunity to invest in silver and/or build a diversified portfolio.
Buy VAT-FREE silver
At GOLD AVENUE, we sell different precious metals such as gold, silver platinum, and palladium. Among these precious metals, we also sell VAT-FREE silver products.
VAT-FREE products are products stored in a secure Swiss Freeport: an economic zone where the 7.7% Swiss VAT on precious metals does not apply.
Our VAT-FREE products are therefore exempt from the 7.7% Swiss VAT rate and stored outside of the banking system.
You can resell your products to us 24/7, instantly, and without commission (0%). In order to remain VAT-FREE, these products are only available for storage.
We are increasing our VAT-FREE range of products but you can already buy: