Sunshine Minting, Inc. 10 Troy oz. .999 Fine Silver Bar
This Sunshine Minting 10 Troy oz. Silver Bar comes from one of the world’s most highly respected private mints. It features a simple yet elegant design and offers an easy way for stackers to add to their collections. There are few more efficient options for investing in silver than this.
Design of the Sunshine Minting 10 Troy oz. Silver Bar
The obverse of this Sunshine Minting 10 Troy oz. Silver Bar features the company’s logo at the top. That logo features an eagle with its wings spread positioned as though it is about to grab something with its talons, which are outstretched to the lower left. The eagle partially obscures the sun, which is shining behind it. Emitting from the sun is a pattern of rays that vary in length. The word “SUNSHINE” arches over the eagle while “MINTING” arches under it, both along the rims of the circle that frames the image. Below the logo, the signs purity and weight are listed, “.999 FINE SILVER; 10 OUNCES,” respectively.
The reverse features diagonal lines rising to the right. Emerging from those lines are rising suns, which, like the company’s logo, have rays patterned at different lengths. One unique feature that each bar has is the Sunshine Mint’s trademarked MintMark SI feature at the center. The Mint sells decoders that, when held over this security feature, reveal the word “VALID.”
Why add this Sunshine Minting 10 Troy oz. Silver Bar to your collection?
This Sunshine Minting 10 oz. silver bar offers stackers the chance to add ten oz. to their stacks without paying the types of premiums often associated with government bullion. Those who have the Mint’s decoder may find the security feature especially appealing, and it can definitely be a conversation starter even when owners are talking with those who are not especially interested in collecting precious metals. Each of these bars measures 6.7 mm thick, providing a heftier feel than coins, which many stackers like. The bars are 51.9 mm wide and 90 mm high. What some collectors may find especially appealing is that these bars are all minted in the United States.
|Weight in Grams:||311 g|
|Weight in Ounces:||10 oz|
Let me share why I’m not a big fan of Gold or Silver mining stocks. Why would I? I'm a bullion guy.
In the meantime, we witness a slightly stronger dollar this morning putting a little pressure on the price of gold. Silver also feeling like she’s coming down with something, as the fun days when she was over 20 seems to be fading fast.
All this news giving Gold and Silver the boost we all were hoping for.
Some financial advisors report clients have been rotating out of metals and back into equities as the momentum shifts with better returns seen in the short term with dividend paying stocks.
What I find amazing are the almost daily increases in the gold ETFs, now sitting at a new 2016 high of 59,849,362 ounces.
Some traders believe the pressure will be on from some FED governors to convince Ms. Yellen to raise rates at the next FED meeting, giving traders the fuel they are looking for.
Profit taking also seen in the gold ETF overnight as seen in strong outflows in the gold fund position. Interesting though silver ETFs enjoys new highs as retail investors seem to be more attracted to silver over gold.
Well today, another Fed chairman emerges from behind the curtain to add his two cents: Richmond Fed Chairman Jeffery Lacker. I guess he felt left out, or Janet just told him it’s his turn to comment on future Fed rate hikes.
Walter Pehowich is on vacation today, so our commentary comes from Stephen W. Miller, CEO of Dillon Gage Companies.
Silver holding her head above water, rallying to $14.495 overnight in the March contract. With the lack of available one thousand oz. bars on the street, we have seen premiums increasing. The question remains, is this a indication of things to come as CME warehouse stocks continue to decline?