The Royal Canadian Mint started making silver bars in 1908. Both the intrinsic value and the visual appeal of the RCM 10 oz Silver Bar, which often features famous Canadian iconography, attract investors. Therefore, the RCM 10 oz Silver Bar is an enduring and intelligent option, providing the ideal blend of craftsmanship and value whether you are looking to diversify your investment portfolio or add a precious item to your collection.
Characteristics of RCM’s 10 oz Silver Bars
Fine silver .9999 troy ounces
As one of the purest forms of silver, each bar contains 10 troy ounces.
Produced by the Royal Mint of Canada
Reliable and experienced in the production of premium bullion items, the RCM mint has been around for quite some time.
Personal identification number for safety
You can verify the bar’s authenticity and trace its origins thanks to the unique serial number etched on it.
Protected against scratches with individual packaging
Each bar comes in its own plastic bag to prevent breakage during shipping.
Punctured or Ridged Surface
To help in authentication and prevent manipulation, the bars’ edges have serrations/reeds.
Distinct RCM Gold Polish
The distinctive RCM bullion finish is a hallmark of high quality and excellence in the precious metals industry, and it is present in every bar.
The Design of the Front
It has the RCM emblem prominently adorned with a maple leaf, a symbol of Canada. The weight and purity are shown by the presence of the Mint’s name in both English and French.
Details of a Maple Leaf
The purity stamp is flanked by maple leaves, which further emphasize the bar’s Canadian character.
Reverse Pattern
As an eye-catching design element, the silver bar’s back side showcases a horizontal repeating pattern of maple leaves.
Secure One-Time Password Protection
One measure used to prevent theft and counterfeiting is the engraving of unique serial numbers on them.
Excessively Valuable Asset
They are simple to purchase and sell on the secondary market since they are well-known and accepted by bullion dealers and investors across the globe.
Inflation protection
Protecting one’s wealth against inflation has been a long-standing practice using silver. The reason is, when fiat currencies lose value, the value of silver tends to rise.
Material possession
You have complete command over silver bars since they are a tangible possession. In politically or economically unstable times, this might be crucial.
Tips for Storing and Caring for Your Items
Keep reading because we’ve split the storage portion into three sections!
The best place to keep silver bars
A home safe, a secure location like a climate-controlled storage facility, or even a safe deposit box might be the ideal spot to keep silver bars.
Silver bar storage instructions
It is recommended to keep silver bars in separate containers for their protection, including plastic bags, capsules, or tubes. They will be more protected from scratches and other harm if you do this.
Things to keep in mind when not to store silver bars
Because skin oils and acids may tarnish silver, it is best to avoid touching the metal with bare hands.
A few things to keep in mind while handling your RCM 10 oz silver bar:
- To keep your silver bar from tarnishing, keep it away from wet areas and bright sunshine.
- Watch over your silver bar on a frequent basis. Get rid of any tarnish or damage as soon as you see it.
- To clean the bar, use a sponge or towel dampened with a gentle soap and water mixture; thereafter, give it a good rinsing in cold water.
- To preserve silver against harm, do not expose it to strong chemicals or abrasive materials.
- Clean the bar by rinsing it well with water.
Summing it Up
Owning silver bars from RCM is a terrific way to diversify your portfolio, safeguard your cash, and be ready for any emergency. You can buy the RCM 10 oz silver bar from any of the reputed sellers and rest assured about your profitable decision.