Product Details


 

Heraeus Silver Cast Bar - 1 Kg

Heraeus is a German-based precious metals refiner that has been in operation for over 150 years and is a member of the LBMA. Besides producing gold, platinum, and silver bars for investment, the Heraeus Group is also one of the largest precious metals refineries worldwide for recycling platinum group metals (PGM). The Heraeus Group is a FORTUNE Global 500 listed group with approximately 16,200 employees in 40 countries and is one of the top 10 family-owned companies in Germany.

 

Key Highlights:

  • Minted by Heraeus (Hong Kong/Germany)
  • Contains 1000 Grams of 999 Fine Silver
  • Various Condition
  • May Not Come with Assay Card
  • Eligible for S.T.A.R. Storage
  • Eligible for self-directed silver IRA
  • No GST

Specifications:

  • Cast Bar
  • Heraeus Brand Logo

 

Please do not hesitate to contact us here should you have any questions about our products, services, listings, and any other precious metals-related questions. 


Pricing Details:

Points computation: 1 bar = 32.15 points

Tier
Points required
Price
(SGD)
Price/Gram
(SGD)
Price/oz
(SGD)
Percentage
Over Spot(ASK PRICE)
Buy/Sell
Spread
1
-
1,438.48
1.438
44.74
7.06%
9.45%
3
3000.00
1,432.01
1.432
44.54
6.58%
9.04%
5
10000.00
1,425.54
1.426
44.34
6.10%
8.62%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (668.56 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 2.51 SGD)
    • 6-month loans at only 4.8% per annum (Interest: 15.88 SGD)
    • 12-month loans at only 5.0% per annum (Interest: 33.43 SGD)
    • 24-month loans at only 6.3% per annum (Interest: 83.57 SGD)


Storage Fees

Duration Storage Fee
Per Parcel
6 months 23.5127 SGD
12 months 47.0254 SGD
24 months 94.0507 SGD
36 months 141.0761 SGD
60 months 235.1268 SGD

Other Services:

Item Cost Per Bar
Transfer-in and testing 7.00 SGD

* Stored in multiples of 5 bars and can be collateralized. Any unused storage will be refunded upon sellback or delivery.