100 oz Silver Bar – Royal Canadian Mint (RCM)

The Royal Canadian Mint (RCM) is a sovereign mint, and its 100 oz silver bars are highly respected in the bullion market. They are a popular choice for investors who want the assurance of government backing and an exceptionally high level of purity.

Key Features of RCM Silver Bars

• Purity: A distinguishing feature of RCM bars is their purity. They are renowned for being one of the few producers to consistently offer silver bullion with a purity of .9999 fine silver, which is a step above the industry standard of .999 fine.
• Government Guarantee: As a sovereign mint, the RCM backs the weight and purity of its bars. This government guarantee provides an added layer of trust and security for investors, making RCM products easy to buy, sell, and trade globally.
• Design and Security: RCM bars typically have a modern, clean design. The obverse features the Royal Canadian Mint logo, the weight (100 oz), and the purity (.9999 fine). Many bars also include a unique serial number, which helps with tracking and authenticity.
• IRA Approved: Due to their high purity and recognized government origin, RCM silver bars are eligible for inclusion in Precious Metals IRAs, making them a popular choice for retirement accounts.
• Modern Production: Unlike vintage Engelhard or Johnson Matthey bars, RCM bars are still in production. This means they are generally available as “new” products from dealers.

Market Value and Appeal

• Premium: RCM bars typically sell for a moderate premium over the spot price of silver. This premium is often higher than that of generic private mint bars but may be slightly lower than the premiums for vintage, no-longer-produced bars from brands like Engelhard or Johnson Matthey, which have a strong collector following.
• Liquidity: The high level of trust and brand recognition associated with the RCM means its bars are exceptionally liquid. They are widely accepted by dealers and refiners around the world, making them a secure and easily tradable asset.
• Comparison to Other Brands: While Engelhard and Johnson Matthey bars are sought after for their historical and collectible value, RCM bars appeal to investors who prioritize government-backed quality and the highest possible purity. The RCM bar is a modern, reliable, and secure option for those building a substantial silver position.