Minted silver bars
Best buyback price per size
Cast silver bars
Best buyback price per size
Compare live buyback prices for silver bars from Australian dealers. Use the weight selector above to see prices for your bar size. Silver buyback prices move with the silver spot price throughout the trading day.
How Silver Bar Buybacks Work in Australia
Selling silver bars follows the same process as selling silver coins: contact a dealer to confirm the current buyback price for your bar size and refiner, then arrange delivery by insured registered post or visit a physical store. Payment is made by bank transfer on receipt and verification of the bars.
The buyback rate for silver bars is generally higher per gram than for silver coins, because bars carry a lower original premium and are more efficiently re-traded by dealers. If you are selling a mix of coins and bars, check the rates for each separately using the tabs on this page and our sell silver coins page.
Most Australian dealers accept silver bars from Perth Mint, ABC Bullion, PAMP Suisse, and other recognised refiners. The 1kg bar is the most liquid size for silver in Australia and is actively bought by all major dealers. Smaller 1oz and 10oz bars are also accepted, though some dealers prefer the efficiency of larger lots. Check the current silver price in AUD to understand the base spot value before comparing buyback rates.
What Affects Silver Bar Buyback Prices
The silver spot price is the primary driver of all silver buyback prices, moving throughout the trading day. The table above shows current pricing from each dealer.
Bar size affects liquidity. The 1kg silver bar is the standard trading size in Australia and attracts the most competitive buyback rates from the largest number of dealers. Smaller bars are less efficient for dealers to process and may attract a slightly lower rate per gram. For investors planning to sell, accumulating larger bar sizes can make the eventual sale more straightforward.
Bar brand matters significantly for silver. Perth Mint and ABC Bullion branded bars are the easiest to sell in Australia. Bars from internationally recognised refiners such as PAMP and Valcambi are also widely accepted. For bars from less familiar refiners, contact the dealer before sending to confirm they will accept your specific product without requiring an assay.
Like gold, investment-grade silver is GST-free both when you buy it and when you sell it. Our GST on silver guide explains which silver products qualify.
Tax When Selling Silver Bars in Australia
Selling silver bars at a profit can create a capital gain. For eligible individuals and trusts, the existing discount can apply before 1 July 2027. Gains accruing from that date fall under the new indexation and minimum-tax rules, with transitional treatment for bars already owned.
The cost base generally starts with the purchase price and eligible transaction costs. GST treatment is a separate question: qualifying investment-grade silver may be GST-free, while collectable or lower-purity products can differ.
Read the CGT changes article and confirm the treatment with a registered tax agent.
Questions about selling silver bars
Is there GST when selling silver bars?
No. Selling investment-grade silver bars (99.9 percent pure or better) as a private individual does not attract GST, and you receive the full buyback price shown. Because investment silver is GST-free when you buy it too, there is no GST to recover.
Which silver bar size is easiest to sell in Australia?
The 1kg silver bar is the most liquid size in the Australian market and is actively bought by all major dealers. 10oz bars are also widely accepted. Smaller 1oz bars are less efficient for dealers to process in bulk and may attract fewer competing offers.
Are silver bars from overseas refiners accepted by Australian dealers?
Most dealers accept bars from major international refiners such as PAMP Suisse and Valcambi alongside Australian brands Perth Mint and ABC Bullion. Less familiar refiners may require assay testing before a dealer will make an offer. Always confirm with the dealer before sending bars from non-standard refiners.
How do I sell silver bars in Australia?
Contact a bullion dealer to confirm the current buyback price for your bar size and brand. You can then send the bars by insured registered post or deliver them in person. Payment is made by bank transfer on verification, typically within one to two business days of the dealer receiving the bars.
Before you sell
- Buyback prices move with the spot price. Confirm the price with the dealer before you post or bring your silver.
- Dealers ask for photo ID when they buy from you. Keep original packaging and certificates; some dealers pay less without them.
- Private sellers do not charge GST on investment gold and silver.
Tax when you sell
A profit on bullion can be subject to capital gains tax. How much depends on how long you held it and on your circumstances; general information only, not tax advice.