|5 - 19||$106.84||$111.30|
|20 - 99||$105.84||$110.25|
|100 and more||$104.84||$109.21|
The iconic design of the Indian Head Nickel designed by James Earle Fraser is carried over to this 5 oz Buffalo Replica 5oz .999 Silver Bar. The Indian Head, which is actually three Native American chiefs combined into one image is on the obverse of the bar while the bison thought to be modeled after the bison “Black Diamond” from New York’s Central Park Zoo is on the reverse of the bar.
Silver bars are extremely popular among investors because of the lower premium above spot price associated with them. The Silver Buffalo Bar allows investors the opportunity to quickly build their portfolio of fine silver.
Each bar is 5 Troy oz. of .999 fine silver and minted at the SilverTowne Mint in Winchester, Indiana.
Part of what makes silver such an outstanding investment is the multitude of industrial uses of the precious metal. The industrial applications of silver continues to grow and this could have positive impact on the price of silver in the future. An industry making ample use of silver is the solar energy industry. When solar power was considered a new technology it was very expensive and very few people could actually afford it. Gradually the cost of solar power has decreased and led to the technology being more widely adopted by consumers. The photovoltaic cells that make solar energy possible utilize silver because of the high conductivity of silver and its unique reflective power that collects the sunlight. As solar power applications increase so does the demand for silver.
The medicinal benefits of silver and its healing power are well-documented throughout the medical community. The anti-bacterial properties of silver make it useful in situations where there is a risk of infection. Burn ointments contain silver that aid in the healing process. Surgery equipment in hospitals is likely be made of silver. The anti-bacterial properties of silver are also a major reason why silver is used in water purification systems.
Silver is used in many electronics because, as mentioned earlier, silver is highly conductive. If you own a television, computer, cell phone, camera, or clock then you own silver. The integral role that electronics now plays in our everyday lives means that silver is an essential precious metal for the 21st century. As the demand for electronics increases, the demand for silver is likely to increase as well.
Every time you admire yourself in a mirror it is thanks in large part to silver. Most mirrors use a silver coating to create the reflective surface. Silver is what makes you look so good.
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.