Johnson Matthey 1 oz Silver Bar

Johnson Matthey 1 oz Silver Bar

Silver is talked about as an industrial metal because it has many uses in technology, medical science and the environment. And as the industry grows the need for silver increases and may push prices higher. Investment interest has also brought attention since the use of silver in US coinage was discontinued in 1964.

Today many people believe silver is real money and a store of value as fiat currency loses value through inflation. The Johnson Matthey 1 oz Silver Bar has been popular in the bullion business since the early 1960’s because it is easy to recognize and store. It is also popular because of its quality and acceptability into Individual Retirement Accounts (IRA). Johnson Matthey (JM) is one of the best known and respected refiners with operations in the United States and Canada. JM refineries are large operations which process high grade gold and silver bullion from mining, jewelry, and industrial scrap.

The Johnson Matthey 1 oz Silver Bar is struck and contains the familiar JM trade mark, weight, purity, fineness and serial number. Other reasons which make this 1 oz bar a good choice: (1) because of its uniform weight and size precious metal dealers post daily buy and sell prices which directly follow the price of silver. (2) The bar is handy for smaller transactions and is easily stored in bank deposit boxes. (3) As a bullion product the price you pay over “spot” is small. (4) The Bar features flat sealed plastic sheets (12” x 12”) which contain 20 silver 1 oz bars. (5) The Bar is an ideal barter choice in case paper currency is questioned. (6) The Johnson Matthey 1 oz Silver Bar is the perfect investment size allowing many options when either buying or selling. (7) There is no reporting requirement when you purchase one. The sale of 1000 oz or more is reportable on I.R.S. Form 1099B. The sale of less than 1000 oz is not reportable.

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