Sorted by price only · no paid placement · checked 7:18 pm AEDT · prices can change at checkout · methodology
What this price means
The cheapest 5 oz Silver Minted Bar we can see today is A$410.31 at Bullion Now, which is A$2.64 per gram or A$82.06 per troy ounce. At the current silver spot price the metal in it is worth A$359.45, so this price is A$50.86 above metal value, a premium of 14.2%.
12 of the 31 dealers we track list this product. The dearest asks A$14.92 more than the cheapest (3.6%), for the same weight of metal.
The lowest premium across all sizes of this product is currently 7.3%, on the 10 oz size.
The highest published buyback for this product is A$360.75 from Bulk Bullion. Buying at the lowest price and selling straight back would cost A$49.56, so the metal would need to rise by about 13.7% before you broke even.
Other sizes
| Size | Best price | Per gram | Premium | Dealers |
|---|---|---|---|---|
| 93.31 g | A$250.20 | A$2.68 | 16.0% | 1 |
| 100 g | A$263.98 | A$2.64 | 14.2% | 2 |
| 5 oz | A$410.31 | A$2.64 | 14.2% | 12 |
| 250 g | A$644.27 | A$2.58 | 11.5% | 2 |
| 10 oz | A$771.73 | A$2.48 | 7.3% | 15 |
Same weight, other products
| Product | Best price | Premium | Dealers |
|---|---|---|---|
| 5 oz Silver Cast Bar | A$399.18 | 11.1% | 21 |
| 5 oz Silver Lunar Goat | A$425.50 | 18.4% | 7 |
| 5 oz Silver Lunar Horse | A$426.07 | 18.5% | 11 |
| 5 oz Silver Dragon | A$462.18 | 28.6% | 2 |
Specifications
- Type
- Minted bar
- Metal
- Silver
- Fineness
- 99.9% fine silver
- Weight
- 155.52 g
- Brands compared
- ABC Bullion, Ainslie, Heraeus, Intrinsic Tender +1
- GST
- GST-free (investment-grade silver, 99.9%+)
Why buyers choose it
- 99.9% pure silver, investment grade and accepted by dealers worldwide
- Available in standard sizes from 1 oz to 1 kg
- Lower per-gram premium than silver coins, making them more cost-efficient by weight
- Each bar includes an assay certificate from the mint
- GST-free in Australia as investment-grade silver (99.9%+), the same as gold
- Widely accepted by Australian bullion dealers for resale
Silver minted bars are precision-struck investment silver, available from 1 ounce to 1 kilogram. They offer an affordable entry point into precious metals and are a popular choice for investors who want to accumulate physical silver at low premiums over the spot price.
Silver and GST in Australia
Investment-grade silver (99.9% pure or better) is GST-free in Australia, just like investment gold. Minted silver bars from recognised refiners are stamped with their weight and fineness and meet that standard, so no GST is charged when you buy them from an Australian dealer. GST only applies to collectable, proof and numismatic pieces and to lower-purity silver.
When comparing silver bar prices, our table shows each dealer's current price, so the comparison is like for like. Some dealers add delivery and insurance charges at checkout, and these usually include GST, so check the final total before you buy.
Questions about minted silver bars
Do I pay GST on silver bars in Australia?
No. Silver bars of 99.9% purity or better are investment-grade silver, which is GST-free in Australia, just like investment gold. GST only applies to collectable, proof and numismatic pieces and to lower-purity silver, and usually to delivery charges.
Are silver bars cheaper than silver coins?
Generally yes. Silver bars typically carry a lower premium over spot than silver coins of the same weight. Coins often have a numismatic or collectible component that adds to the price. If your primary goal is to accumulate silver by weight at the lowest cost, bars are usually the better choice. Use our comparison table to check the actual price difference from Australian dealers right now.
Compare other bars
Nearby sizes in silver