1000 oz Comex Bar

The 1,000oz Silver COMEX Bar is an exceptional bullion piece that offers a significant amount of pure silver in a large, storable form. These bars meet the stringent requirements set forth by the COMEX exchange, ensuring their quality, authenticity, and wide recognition in the precious metals market.

Here's why the 1,000oz Silver COMEX Bar is a good product choice:

• Purity: Weighing in at approximately 1,000 troy ounces or 31,103 grams, each Silver COMEX bar is struck from .999 fine silver, ensuring a premium product that meets the highest industry standards.

• Requirements: To be classified as a COMEX-approved bar, the 1,000oz Silver COMEX Bar must meet the stringent requirements set by the exchange. These requirements include specific weight, purity, and dimensions, as well as markings that identify the refiner, the bar's serial number, and its weight and purity. Compliance with these standards ensures that the bars are readily accepted and easily traded on the global precious metals market.

• Collectability: The 1,000oz Silver COMEX Bar is a sizable bullion option, offering a significant amount of silver in a single piece. This size provides a substantial store of value, making it an attractive choice for collectors looking to make a larger commitment to silver bullion.

• Cost-Effective: Compared to smaller bars or coins, the 1,000oz Silver COMEX Bar often carries the lowest premium over the spot price of silver. This cost-effectiveness makes it an attractive choice for collectors seeking to maximize their purchase of silver bullion.

• Liquidity: As a COMEX-approved bar, the 1,000oz Silver COMEX Bar is produced by a select group of reputable mints and refineries, ensuring that collectors have a wide variety of options to choose from, including bars from various manufacturers with different designs and brand reputations.

How Much Does a 1000 oz Silver Bar Weight?

A 1000 oz Comex silver bar is exceptionally large, measuring about 335mm long by 124mm wide, similar in size to an extra large loaf of bread. This large bar is designed to store significant value and is typically about 95mm (nearly 4 inches) thick. 

In terms of weight, a 1000 oz silver bar can vary in size (either over or under 1,000 ounces) but will equate to roughly 67 to 70 pounds depending on the bar. Given its impressive size and considerable weight, the 1000 oz Comex silver bar can be an excellent, cost-effective part of a precious metal collection for those looking to make a sizable purchase.

What is COMEX?

COMEX stands for the Commodity Exchange, a division of the New York Mercantile Exchange (NYMEX). It's a marketplace where precious metals like gold, silver, copper, and platinum futures contracts are actively traded. COMEX sets global benchmarks for the pricing of these metals, influencing market prices worldwide. 

The term "COMEX bar" specifically refers to silver or gold bars produced to meet COMEX standards, in particular with respect to weight, purity, and dimensions, which makes them suitable for trading on commodity exchanges. Silver COMEX bars typically weigh about 1,000 troy ounces and are widely recognized as a store of commodity value.