When we hear silver, we often visualize stunning jewelry. But this metal has more uses than just fancy purposes. They come with amazing investment potential due to their industrial qualities. One of them is the technology and space sector. This metal comes with amazing characteristics that make it super useful in the industrial sector. Therefore, investing in silver is like knocking on the door of amazing ROI in the long run. Now, while some people like to invest in Bonds and Stocks, some people like the traditional way of buying silver bars. In this case, BritishRoyal Mint silver barshave a worldwide reputation as investment-grade bars. Let’s explore why.
History of the Royal Mint of England
The inception of coinage in Great Britain dates back to approximately 60 BC. It was the time when Celtic tribes started the practice of striking coins. These coins feature the images of local leaders. The establishment of the modern-day British Royal Mint took place in the era of Alfred the Great.
In 886, following his successful recapture of London, he instituted a London Mint in proximity to the former Roman mint sites. From 886 to 1279, the London Mint functioned as the principal coin-producing center in Britain. However, other mints across the kingdom also minted coins concurrently.
In 1279, a consolidation took place in the history of the British Royal Mint.It merged the various mints scattered across the kingdom into a unified system. This eventually evolved into the British Royal Mintof England. Presently, the Royal Mint of England operates from a primary facility in Llantrisant, Wales. Initially a government institution, the Royal Mint is now under the ownership of a government corporation. It is known as Her Majesty’s Treasury or HM Treasury.
The Royal Mint has been in operation for more than 1,100 years. Through wars, turbulent politics, advancements in society and the economy, and technical and scientific breakthroughs, it has evolved with the country it serves.
The Royal Mint (RM) is globally recognized as the foremost export mint, producing coins and medals for approximately 60 countries annually. However, the main objective of the mint is to manufacture and distribute coins for the United Kingdom, in addition to providing blanks, bars, and official medals. RM collaborates with the HMT.
Types of British Royal Mint Silver Bars
The British Royal Mint produces investment-grade quality silver bars. These bars have global reputations in terms of silver quality and purity. Not only that, but theseRoyal Mint silver bars come with stunning designs and special security features. Here are the top picks:
1) 10 oz Britannia Silver Bar
Britannia has been on British coinage for a long time as a symbol of power, unity, and elegance. In 2018, The Royal Mint made a new 10 oz silver bar with a new design of Britannia by Jody Clark, their main artist.
- Front of the 10 oz Britannia silver bar: Britannia is dressed in white and has armor on. She holds a Trident in her left hand and a shield with the British flag in her right hand. “BRITANNIA” is on the shield, and wavy lines in the background look like the sea.
- Back of the Bar: The top has The Royal Mint’s logo and says “The Royal Mint.” It also says the bar has ten troy ounces of .999 fine silver. The background has the same wavy lines, and at the bottom, there are five waves.
Each 10 oz Britannia silver bar is packed on its own and is in excellent condition. If you like, you can also find 1 oz Britannia Gold Bars.
2) Silver 100 Gram Royal Mint Britannia Bar
These Silver 100 GramRoyal Mint silver bars also pay homage to Britannia. The design is similar to the 10 oz Britannia silver bar with a silver content of .999 fineness. These bars also come with security features like unique serial numbers and Britannia-branded blister packaging.
3) Silver 1 Kilo Royal Mint Britannia Cast Bar
This bar is a true example of British craftsmanship. Each bar holds 1 kilo of .999 fine silver. It has a unique serial number and the Royal Mint’s logo. These Royal Mint silver barscome in protective packaging.
Benefits of Investing in British Royal Mint Silver Bars
The Royal Mint has 1,100 years of mintage experience in the UK. Be it their Bars or other bullion products like coins or rounds, all of them are made of pure silver.British Royal Mint Silver Bars are specifically designed for investment purposes. Here are the reasons:
- Each bar has .999 pure silver.
- You can buy bars in different sizes from 1 oz to 1 kilo as per your investment goals.
- Each bar comes with a unique serial number.
- Some of the bars have cast design that further speaks to the quality of raw metal.
- All of the bars come in a protected blister package.
- While cast bars have a unique unpolished design, the Machine-struck bars come with a stunning image of Britannia with collectible appeal.
- These bars are highly liquid in the global market.
- These bars offer inflation security and potential ROI in long-runs during a shaky economic environment.
- They are IRA-eligible.
Storing Your British Royal Mint Silver Bars
Proper silver bar storage matters. It’s about keeping them safe and secure. Plan and organize your storage space carefully. Measure the space, use containers to maximize it, and keep a record of what you have. In this way, you can save your British Royal Mint Silver Bars from events like theft and natural disasters. Keep your stash discreet, and choose a secure location.
Popular Storage Solutions:
- Home Safes: They’re popular but may have space limitations and security concerns.
- In-Home Hiding Spots: Some hide bars in various places, but it can be risky and easy to forget.
- Bank Safety Deposit Boxes: More secure but often small and have limited access hours.
- Maximum-Security Storage: Highly secure and recommended for peace of mind. BOLD Precious Metals recommends various depositories to store your precious metals securely. You can explore them in their ‘Precious Metals IRA’ section.
Remember, diversifying storage locations is an option to consider. Some keep a few bars at home for quick access and the rest in maximum-security storage.
Conclusion
If you are planning to buy Royal Mint silver bars for your investment purposes, then go for reliable dealers like BOLD Precious Metals. This is an accredited online platform that sells genuine bullion products from reputed mints like the British Royal Mint, the US Mint, and so on. Visit the site today to enjoy top-notch gold and silver bullion bars and the fastest delivery.