Product Details

OPM Pressed


 

Ohio Precious Metals (OPM) Silver Bars - 100 oz

Ohio Precious Metals was considered to be one of America's most popular brands of LBMA good-delivery refiners in the US. Originally, the company secured precious metals by simply reclaiming metals stripped for telephone equipment and melted it down for resale as bullion bars. In 2003 when the company changed ownership and underwent an expansion that made it the largest good delivery refinery in the US. 

Key Highlights:

  • Minted by Ohio Precious Metals (USA)
  • Contains 100 Troy oz of 999 Fine Silver
  • Various Condition
  • Does Not Come with Assay Card
  • Eligible for S.T.A.R. Storage
  • Eligible for self-directed silver IRA
  • No GST

Specifications:

  • Pressed Bar
  • OPM 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 = 100.00 points

Tier 1 3 5
Points required - 3,000 10,000
Price 4,400.04 SGD 4,379.77 SGD 4,359.50 SGD
Price/Gram 1.41 SGD 1.41 SGD 1.40 SGD
Price/oz 44.00 SGD 43.80 SGD 43.60 SGD
Percentage Over Spot (ASK PRICE) 5.17% 4.68% 4.20%
Buy/Sell Spread 7.98% 7.56% 7.13%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (2,081.78 SGD) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.5% per annum (Interest: 7.81 SGD)
    • 6-month loans at only 4.5% per annum (Interest: 46.84 SGD)
    • 12-month loans at only 4.8% per annum (Interest: 98.88 SGD)
    • 24-month loans at only 5.5% per annum (Interest: 229.00 SGD)


Storage Fees: 0.7%*

Duration Storage Fee Per Parcel
6 months 73.22 SGD
12 months 146.43 SGD
24 months 292.87 SGD
36 months 439.30 SGD
60 months 732.17 SGD

Other Services

Item Cost Per Bar
Transfer-in and testing 16.00 SGD

* Percentages represent annual storage charges, based on the locked-in spot metal price at the time of order submission. You can lock-in storage charges for up to 5 years. See full S.T.A.R. Storage Fees here.