Sunshine Minting, Inc. (SMI) is a leading supplier of precious metal products with manufacturing facilities in Idaho, Nevada, and Shangahi. The company is a member of the Inc. 5000, International Precious Metals Institute (IPMI), and the American Numismatic Association (ANA). SMI was founded in 1979 as a full service minting facility that has helped to redefine the global standards of the precious metals industry.
By purchasing the 10 oz Silver Sunshine Bar you are not only making a sound investment for the future but also investing in quality supplier of precious metals. SMI brand bullion products includes their exclusive Scrambled Indicia (SI) which helps verify the authenticity of your silver bar. The Mint Mark SI is a micro-engraving is only visible when it is placed over the decoding lens over the security pad.
The Sunshine Mint hallmark stands for quality and is brilliantly displayed in the 10 oz silver bar. Silver is the most economical way to invest in precious metals. Each bar is 10 oz of .999 fine silver.
10 oz of .999 fine silver
Beautiful bar from the Sunshine Mint
Mint Mark SI security feature
There are many industrial uses of silver that you may not know. These increasingly popular uses can have a positive impact on the price of silver. The price of new technology often starts high and the cost gradually decreases as the technology becomes more affordable. This is true with solar energy. Advances in photovoltaic cells that convert sunlight into electricity have made solar power more feasible and more popular.
Silver is a key component of these photovoltaic cells because it is highly conductive. The reflective property of silver is also used to collect the sunlight. An increase in sustainable solar energy will increase market demand for the precious metal and as a result the spot price of silver.
The medicinal benefits and healing power of silver are well-known throughout the medical community. Silver is applied in situations where there is a risk of infection because it is anti-bacterial. Burn ointments also use silver to help in the healing process. Most of the surgical equipment found in hospitals are silver as well. The anti-bacterial properties of silver are a major reason why the precious metal is used in water purification systems.
As mentioned earlier, silver is highly conductive and as a result many electronics use silver. Televisions, computers, cell phones, cameras, and clocks all use silver. Electronics are becoming essential to our everyday lives and with it, an increase in the demand for silver. Chances are that everywhere you look there is a mirror close by that probably used a silver coating to create the reflective surface. Next time you look in the mirror…think silver.
There are many ways to invest in precious metals and the U.S. Gold Bureau educates their clients on the best possible investment to help them achieve their financial goals. With this in mind, we have a wealth of information available on our website like our Investor’s Guide to Precious Metals.