Product Details


Heraeus Silver Cast Bar - 15 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
  • Contains 15 Kilos of 999 Fine Silver
  • Various Condition
  • Does Not Come with Assay Card
  • Eligible for S.T.A.R. Storage
  • No GST

Specifications:

  • Cast Bar
  • Heraeus Brand Logo
  • Random Serial Numbers

 

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 = 482.26 points

Tier 1 3 5
Points required - 3,000 10,000
Price SGD 20,818.83 SGD 20,719.83 SGD 20,620.84
Price/Gram SGD 1.39 SGD 1.38 SGD 1.37
Price/oz SGD 43.17 SGD 42.96 SGD 42.76
Percentage Over Spot (ASK PRICE) 4.30% 3.80% 3.31%
Buy/Sell Spread 6.50% 6.05% 5.60%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (SGD 9,930.93) of its value
  • Current best rates for borrowing
    • 1 month loan at only 4.3% per annum (Interest: SGD 35.17)
    • 6-month loans at only 5.0% per annum (Interest: SGD 248.27)
    • 12-month loans at only 5.3% per annum (Interest: SGD 521.37)
    • 24-month loans at only 5.8% per annum (Interest: SGD 1,142.06)


Storage Fees: 0.7%*

Duration Storage Fee Per Parcel
6 months SGD 69.86
12 months SGD 139.73
24 months SGD 279.45
36 months SGD 419.18
60 months SGD 698.63

Other Services

Item Cost Per Bar
Transfer-in and testing SGD 68.00

* 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.