Product Details

These bars are used in settlements in the London Metal Exchange and other exchanges and are very heavy compared to smaller bullion bars. Although metal purity is standardized these bars vary greatly in shape, manufacturer (brand) and mass which can vary between 750 and 1,100 oz although the vast majority of the bars will be between 950 and 1030 oz. Find out more on Good Delivery Bars

The variation in mass in particular greatly complicates transaction as each bar will have a unique weight that is unknown upon ordering. THE PRICE WILL ONLY BE CONFIRMED WHEN WE SEND THE ORDER CONFIRMATION PDF.

Be aware of the following characteristics:

Disadvantages compared to 100 oz bars

• Mass varies greatly - e.g. -100 oz to +50 oz - complicating transactions as the exact mass might not be known upon ordering or transferring.
• These heavy bars (31Kg+) will normally take two persons to carry and are difficult to lift.
• The manufacturer can be any LBMA member refinery so often you will not know in advance what brand you will receive.
• Aesthetically these bars could be heavily tarnished and not uniform.
• Liquidity in the secondary (retail) markets is not very good as the bars are not as easily tradable among smaller investors.

Advantages over 100 oz bars

• Good delivery bars are normally readily available in large quantities.
• Premiums per oz are lower and these bars always come with a serial number.

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 be 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 photo and a DUX inspection on each bar 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. 

Please Note: Design may vary from the image shown.

Pricing Details:

Points computation: 1 bar = 1,000.00 points