How to store silver bars?

Spartcom5 · January 7, 2019 8:59PM

How do you guys store your silver bars? I would really like to get a nice antique vault of sorts to store mine in. For the meantime however what should I do? Should I seek to prevent tarnish or does that not matter as much with hand poured bars? Any ideas are greatly appreciated!!

derryb · January 7, 2019 9:02PM

hand poured bars look better when they are not all shiny. Good gun safe makes good storage.

ricko · January 8, 2019 8:26AM

A gun safe or a coin cabinet.... I used to see coin cabinets on ebay years ago - actually bought a couple that I still use. On bars, it seems tarnish does not detract or really add much to value. If a bar becomes tarnished to the black stage, it can be dipped with no issues. Rinse well though. Cheers, RickO

1630Boston · January 8, 2019 8:59AM

I just stack them up in my basement

MsMorrisine · January 8, 2019 10:31AM

do not worry about tarnish. tarnish will protect the silver from tarnishing further. a good dip will remove it before selling.

antique safes can be easier to get into than some modern safes. antique safes are cool looking though. just be sure that the weight of the floor can handle the psi from the safe's weight.

asheland · January 8, 2019 10:38AM

I like stacking them in ammo boxes, then they can be put in a safe or carried with you.
If the bar is scarce or just really nice and you don't want scratches, put in a zip-lock type bag.

johnny9434 · January 8, 2019 10:58AM

@1630Boston said:
I just stack them up in my basement

make one wonder what the gold area looks like

Downtown1974 · January 8, 2019 11:29AM

I use these heavy duty plastic APMEX boxes. They fit nicely in my safe and they’re solid as a rock.

AUandAG · January 8, 2019 5:33PM

Dangerous there @1630Boston, I just stack mine on the floor and I prefer just one "brand" and one size. Makes for real easy stacking.
bob

Smudge · January 8, 2019 7:09PM

Sort of depends on the quantity.

LukeMarshall · January 9, 2019 5:28AM

@Smudge said:
Sort of depends on the quantity.

Size as well.
There are a couple novelty storage options for bars. Airtight makes 1oz bar acrillic cases for individual bars and a box of twenty.

Pamp Suisse has a box for 15 kilo bars. And I'm pretty sure Geiger has wooden boxes for their bars.

Ide imagine a bunch of silver is stored in ammo cans too.

LukeMarshall · January 9, 2019 5:31AM

@asheland said:
I like stacking them in ammo boxes, then they can be put in a safe or carried with you.
If the bar is scarce or just really nice and you don't want scratches, put in a zip-lock type bag.

@LukeMarshall said:

@Smudge said:
Sort of depends on the quantity.

Ide imagine a bunch of silver is stored in ammo cans too.

Bingo

tneig · January 11, 2019 5:07PM

As I started collecting I realized a lot of silver is heavy, real heavy.
I put some in boxes in my dressers. Then as it got heavier, under the dressers.
Now it was getting to be in so many boxes I bought some expensive pelican boxes and now heavier.
I got some clear cheap camping boxes from Walmart, but now I was collecting boxes too.
Oh and the ammo box pin broke open and spilled the stuff all over.
Then I buried 3 staches out in the woods in 3in pcv tubes. Then after 2 yrs I dug them up. Or was it 4 tubes?
Then I got a short safe. It was so heavy. I even put lead in it to make it heavier. Then I found out my wife was sliding it back and forth to clean around it. Doah! PS. There was no room for the ammo, which is now under my dresser.
Then I got a safe deposit box. The attendant couldn't lift it out. It bent.
I hid a pvc tube full in the rafters in the basement. Turns out the furnace repair guy could see it. Yikes.
Then silver went down faster than Brazil.
Now I store it in other peoples houses. I charge them spot +1 and they can store it all wherever they wish.
I have two to-go silver boxes I can manage, but they still need to be lighter. All the gold can fit in one pocket.
My wife wants to know; why the safe is lighter, and if I have a Will in there.

blitzdude · January 11, 2019 5:16PM

Yup lets get back into the 30-40 GSR range, more than ready to swap the heavy for the Au.

asheland · January 14, 2019 10:43AM

Indeed when it gets that heavy, it's time to do yellow metal!

blackhorse360 · February 12, 2019 9:28PM

I love Silver but that’s why I’m primarily into gold. It gets so heavy in Large amounts that it becomes very difficult to manage. Imagine 10,000 oz in 100oz bars that’s 100 of those. Can you imagine having to move that!

Timbuk3 · February 12, 2019 9:47PM

Swap them for gold, then put it in a SDB !!!

asheland · February 13, 2019 7:26AM

@blackhorse360 said:
I love Silver but that’s why I’m primarily into gold. It gets so heavy in Large amounts that it becomes very difficult to manage. Imagine 10,000 oz in 100oz bars that’s 100 of those. Can you imagine having to move that!

That's a problem I wouldn't mind having!

JohnnyCache · February 13, 2019 8:34AM

tneig, great story, had a good laugh. Though I assume it's written tongue in cheek, I still find it so relatable.

metalmeister · February 13, 2019 9:04AM

What Ricko said. Also Silver has a better investment potential than Gold IMHO.

TwoSides2aCoin · February 13, 2019 10:39AM

One of my customers says he uses the 100 oz bars as door stops. "This prevents the door knobs from damaging the walls." So he states.

blackhorse360 · February 13, 2019 8:15PM

@asheland said:

@blackhorse360 said:
I love Silver but that’s why I’m primarily into gold. It gets so heavy in Large amounts that it becomes very difficult to manage. Imagine 10,000 oz in 100oz bars that’s 100 of those. Can you imagine having to move that!

That's a problem I wouldn't mind having!

You have a point there!

How to store silver bars?

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