Product Details

LBMA Good Delivery* - ID 194


LBMA Good Delivery silver bars are wholesale market bars used in settlements on the London Bullion Market, COMEX, and other international exchanges, and while there is a minimum metal purity, their shape, manufacturer branding, and mass can vary significantly, typically ranging between 750 and 1,100 troy ounces.

Each bar has a unique weight within the permitted LBMA range and will differ from bar to bar.

These silver bars are produced by reputable LBMA accredited precious metal refiners and are usually not sold to the retail market. LBMA Good Delivery silver bars offer the lowest premium for investors keen to buy silver. 

Pricing and Adjustment Mechanism

The website price is based on a reference weight of 1,000 oz. This reference is used for ease of quotation and to determine the per-ounce price at the time of reservation.

In-Stock Bar Selection: where a specific bar is available in stock and its actual weight is displayed at the point of purchase, the total price will be calculated directly based on that displayed weight.

Pre-Order or Non-Specific Allocation: where a specific bar is not yet available, including pre-orders or non-specific allocation, the 1,000 oz reference weight is used to lock in the prevailing silver price. This benefits customers by allowing them to secure pricing even before the actual bars arrive.

The final total payable will then be adjusted based on the actual weight of the bar allocated once available.

THE FINAL PRICE WILL ONLY BE CONFIRMED WHEN THE BARS HAVE ARRIVED AND WE KNOW THEIR ACTUAL WEIGHTS.

Allocation and Assignment

Bars are allocated based on availability. THE BARS WILL BE ASSIGNED WITH THEIR ACTUAL WEIGHTS ONCE WE HAVE RECEIVED PAYMENT FOR THE ORDER.

Unless a specific in-stock bar has been selected at the point of purchase, selection of individual bars is not permitted. SELECTION OF BARS IS NOT ALLOWED AND COMES IN VARIOUS CONDITIONS.

Allocated bars may vary in surface condition, refinery markings, year of manufacture, and cosmetic appearance. Such variations do not affect LBMA Good Delivery status.

Conditions of Order

By placing an order for LBMA Good Delivery silver bars, the customer acknowledges and agrees that:

  • The 1,000 oz figure is a pricing reference unless a specific in-stock bar with a known weight is selected.
  • LBMA Good Delivery bars have weight variability and may weigh below or above 1,000 oz.
  • For non-specific allocation or pre-orders, the final payable amount will be adjusted strictly according to the actual allocated weight.
  • No refunds, rebates, free metal, or additional discounts will be provided due to differences between the 1,000 oz reference and the allocated weight.
  • Orders are placed subject to allocation availability.

Silver plays a pivotal role in the evolving industrial market. Read our newest report on the rising solar photovoltaic (PV) demand for silver here.

1,000 oz bars are available as a Transfer-In Storage option and when we have in-stock availability. Storage costs for these bars are prorated based on their individual weight so a 1048.15 oz bar will have a proportionally higher storage fee compared to a 937.06 oz bar.

Bar(s) available in S.T.A.R. Storage by weight:

These bars are tax-free in Singapore and you will receive a photograph.

For bars that are shipped to our vault as initiated from a customer's previous vaulting location (whether purchased from us originally or not), a DUX inspection on each bar will be conducted as we do with our standard parcel transfer-ins. However, they will not be packed in parcels as the transparent parcels are not strong enough to withstand the weight. Instead, the bars will be identified by a manufacturer code and serial number and will have a DUX Tamper Proof Label on the bar that links to the online DUX Inspection Results.

S.T.A.R. Storage silver is stored in 450 kg pallet cages inside our Main Silver Vault (MSV), located within our fully owned facility, The Reserve, in Singapore: 


LBMA good delivery bars are stored in our fully owned vault in Singapore, capable of holding 320 million ounces of silver.

The Main Silver Vault (MSV) can hold up to 320 million troy ounces silver, representing over 30% of global annual silver supply.  


Pricing Details:

Points computation: 1 bar = 1,000.00 points

Tier 1 3 5
Points required - 3,000 10,000
Price SGD 113,996.12 SGD 113,868.31 SGD 113,740.50
Price/Gram SGD 3.67 SGD 3.66 SGD 3.66
Price/oz SGD 114.00 SGD 113.87 SGD 113.74
Percentage Over Spot (ASK PRICE) 7.15% 7.03% 6.91%
Buy/Sell Spread 6.84% 6.73% 6.63%

Unlock capital from your bullion with our Secured P2P Loans

  • Use this product as collateral to borrow 50.0% (SGD 53,100.58) of its value
  • Current best rates for borrowing
    • 1 month loan at only 5.5% per annum (Interest: SGD 243.38)
    • 6-month loans at only 5.8% per annum (Interest: SGD 1,526.64)
    • 12-month loans at only 3.8% per annum (Interest: SGD 1,991.27)
    • 24-month loans at only 7.5% per annum (Interest: SGD 7,965.09)


Storage Fees: 0.7%*

Duration Storage Fee Per Parcel
6 months SGD 372.38
12 months SGD 744.75
24 months SGD 1,489.50
36 months SGD 2,234.25
60 months SGD 3,723.75

Other Services

Item Cost Per Bar
Transfer-in and testing SGD 140.00

* 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.

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