Product Details


 

Heraeus Silver Cast Bar - 1 Kg

Heraeus is a German-based precious metals refiner that has been in operation for over 150 years and is a member of the LBMA. Besides producing gold, platinum, and silver bars for investment, the Heraeus Group is also one of the largest precious metals refineries worldwide for recycling platinum group metals (PGM). The Heraeus Group is a FORTUNE Global 500 listed group with approximately 16,200 employees in 40 countries and is one of the top 10 family-owned companies in Germany.

 

Key Highlights:

  • Minted by Heraeus (Hong Kong/Germany)
  • Contains 1000 Grams of 999 Fine Silver
  • Various Condition
  • May Not Come with Assay Card
  • Eligible for S.T.A.R. Storage
  • Eligible for self-directed silver IRA
  • No GST

Specifications:

  • Cast Bar
  • Heraeus Brand Logo

 

Please do not hesitate to contact us here should you have any questions about our products, services, listings, and any other precious metals-related questions. 


Pricing Details:

Points computation: 1 bar = 32.15 points

Tier 1 3 5
Points required - 3,000 10,000
Price 1,385.64 SGD 1,379.10 SGD 1,372.56 SGD
Price/Gram 1.39 SGD 1.38 SGD 1.37 SGD
Price/oz 43.10 SGD 42.89 SGD 42.69 SGD
Percentage Over Spot (ASK PRICE) 7.43% 6.93% 6.42%
Buy/Sell Spread 9.91% 9.48% 9.05%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (641.61 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.0% per annum (Interest: 2.67 SGD)
    • 6-month loans at only 5.0% per annum (Interest: 16.04 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 32.08 SGD)
    • 24-month loans at only 5.5% per annum (Interest: 70.58 SGD)


Storage Fees: 0.7%*

Duration Storage Fee Per Parcel
6 months 22.57 SGD
12 months 45.14 SGD
24 months 90.28 SGD
36 months 135.42 SGD
60 months 225.71 SGD

Other Services

Item Cost Per Bar
Transfer-in and testing 7.00 SGD

* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.