Bars
Compare fine metal content, refiner, markings, condition and available resale routes. Larger bars can be less convenient when selling only part of a holding.
SILVER GUIDE
Understand what you own.
A practical introduction to physical silver, the cost of ownership and the questions that deserve a clear answer.
Coins & rounds
Distinguish bullion value from collectible value. A design or limited issue can add a premium that may not be recovered at resale.
Vaulted silver
Ask who legally owns the metal, how it is identified, what audits exist and which withdrawal, insurance and insolvency terms apply.
Build a clearer comparison
Spot price versus the price you pay
Spot is a market reference, not a delivered retail price. Premiums, delivery, payment charges and local taxes can change the final cost. Compare complete quotes using the same unit and currency.
Troy ounces, kilograms and purity
The calculator uses 31.1034768 grams per troy ounce. Fine silver content equals gross weight multiplied by purity. A one kilogram item at 99.9% purity contains 999 grams of fine silver; always check whether a product states gross or fine weight.
Allocated and unallocated arrangements
Check the actual contract. Ask whether specific metal is held for you or whether you have a contractual claim on an issuer. Custody, insurance and counterparty risks differ by arrangement and jurisdiction.
What to check before buying
Confirm the seller identity, product authenticity process, total price, delivery terms, custody arrangements and buyback method. Do not assume a dealer’s current willingness to buy guarantees a future bid.
Industry standards
Read the LBMA standards background alongside product-specific documentation. Wholesale standards do not remove the need to verify a retail item.
LBMA Good Delivery →