A 20 oz silver bar sits between the popular 10 oz bar and the 50 oz or 100 oz bars that larger buyers use. It holds twenty troy ounces (622.07 g) of .999 fine silver in one piece. This page compares what US dealers charge for a standard 20 oz silver bar right now, so you can see the cheapest offer and the premium over spot in one table.<\/p>\n
A 20 oz silver bar is a poured or minted bar stamped with its weight, fineness and the refiner’s mark. It is a less common size than 10 oz or 100 oz, so fewer refiners make it. US dealers usually sell it in three ways:<\/p>\n
Every version carries the same amount of fine silver. What changes is the finish, the brand and the premium you pay above the silver price.<\/p>\n
Why would you choose 20 oz instead of a more common size? It works well if you:<\/p>\n
If you want an even smaller unit, look at the 10 oz silver bar<\/a> or the 5 oz silver bar<\/a>. If the lowest cost per ounce matters most, compare the 100 oz silver bar<\/a>. All sizes are listed in the silver bars<\/a> category.<\/p>\n Is there sales tax on a silver bar? It depends on your state. Many states exempt bullion, others charge sales tax on part or all of a purchase, so check the rule where the bar is delivered.<\/p>\n When you sell, the IRS treats silver bullion as a collectible. A long-term gain on a collectible can be taxed at a higher maximum rate than a gain on stocks. Our guide to tax on gold and silver<\/a> explains the rules in more detail. If you want to hold silver in a retirement account, read about IRA eligible gold and silver<\/a> first.<\/p>\n Not sure which suits you? Our article on silver bars vs coins<\/a> compares both in detail.<\/p>\nWhat to check before you buy<\/h2>\n
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Tax on silver bars in the US<\/h2>\n
20 oz silver bar or other sizes?<\/h2>\n
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Storing a 20 oz bar<\/h2>\n