1,000 oz (31,103 gram)10,102,000 oz soldWEIGHT VARIES FOR EACH BAR |
1,000 oz (31,103 gram)WEIGHT VARIES FOR EACH BAR
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In-Stock: 115 bars |
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LBMA 1,000 oz Good-Delivery silver bars are used in settlements on the London Bullion Market, COMEX, and other international exchanges. These silver bars are produced by reputable LBMA-accredited precious metal refiners and are usually not sold to the retail market. LBMA Good Delivery silver bars offer the lowest premium for investors keen to buy silver. Being an LBMA affiliate member ourselves we have access to good volume prices and can guarantee the best price in Singapore!
For those who are willing to purchase at least 1,000 ounces, we recommend these LBMA 1,000 oz Good Delivery bars. Buy with confidence from us, and if you find another entity in Singapore offering the bar at a lower price than us, Silver Bullion will match the price. Terms and conditions apply.
Although metal purity is standardized, these bars vary greatly in shape, manufacturer branding, and mass which can vary between 750 and 1,100 oz. The vast majority of these bars will weigh between 950 and 1030 Troy oz. The list of current silver refiners of LBMA Good Delivery bars can be found on this page.
The variation in mass complicates transactions as each bar will have a unique weight that is unknown upon ordering, we will prorate mass as needed upon order closure.
THE PRICE WILL ONLY BE CONFIRMED WHEN THE BARS HAVE ARRIVED AND WE KNOW THEIR ACTUAL WEIGHTS.
THE BARS WILL BE ASSIGNED WITH THEIR ACTUAL WEIGHTS ONCE WE HAVE RECEIVED PAYMENT FOR THE ORDER.
LBMA Good Delivery bars have the following characteristics:
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1,000 oz bars are available as a Transfer-In Storage option and when we have in-stock availability. Storage costs for these bars are prorated based on their individual weight so a 1048.15 oz bar will have a proportionally higher storage fee compared to a 937.06 oz bar.
Bar(s) available in STAR Storage by weight:
These bars are tax-free in Singapore and you will receive a photograph.
For bars that are shipped to our vault as initiated from a customer's previous vaulting location (whether purchased from us originally or not), a DUX inspection on each bar will be conducted as we do with our standard parcel transfer-ins. However, they will not be packed in parcels as the transparent parcels are not strong enough to withstand the weight. Instead, the bars will be identified by a manufacturer code and serial number and will have a DUX Tamper Proof Label on the bar that links to the online DUX Inspection Results.
Points computation: 1 bar = 1,000.00 points
Tier | 1 | 3 | 5 |
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Points required | - | 3,000 | 10,000 |
Price | 42,290.75 SGD | 42,156.00 SGD | 42,021.25 SGD |
Price/Gram | 1.36 SGD | 1.36 SGD | 1.35 SGD |
Price/oz | 42.29 SGD | 42.16 SGD | 42.02 SGD |
Percentage Over Spot (ASK PRICE) | 2.62% | 2.29% | 1.96% |
Buy/Sell Spread | 5.89% | 5.59% | 5.29% |
Duration | Storage Fee Per Parcel |
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6 months | 144.24 SGD |
12 months | 288.49 SGD |
24 months | 576.98 SGD |
36 months | 865.47 SGD |
60 months | 1,442.45 SGD |
Item | Cost Per Bar |
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Transfer-in and testing | 140.00 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.