I Bought a 100 oz Silver Bar!

[@mosilver1572]

Congratulations on the 100oz bar! I got one earlier this year, and will definitely get another one soon. Your video was great, it answered almost all of the questions that I was thinking, mostly on your ridiculous tax. 20% !!! That's exactly like buying 120 ounces, and the government saying, "Well, you did buy this with your own money, but we'll take 20 ounces from you for no reason." That would burn me up.

[@BackyardBullion]

Thanks my friend, I appreciate that feedback. Yeah, it's not great with the taxes added on, but I still think it's a great choice and a great bar.

[@rokinrandy]

That has burned me up every since I got out on my own. It’s a rat race. slavery is a fitting term. I see over 50% when it comes to taxation when you add it all up. I don’t accept it’s a part a life we can do better.

[@Hasher411]

You went with the 100 oz bar, nice! ... Just picked up a 100 oz. Silver towne bar myself today. It may be second hand, but I could not beat the $1.50 per oz. over spot price.

[@harryzero1566]

I'm collecting a 10oz silver three graces next week. I dont have an issue with 10oz silver bars, a bit annoyed that the QB completer was initially issued as 1kg, if I had known the 10oz equivalent was soon to follow, I would have waited

[@BackyardBullion]

I understand what you mean, it's nice to have the QB 10 Oz set with the 10 Oz version. I also got the kilos, but I love them so much.

[@weeklybullion]

Thanks for another great video. You’re spot on with your assessment on bars vs coins or rounds. I love the feel of a silver bar! Enjoying these pieces is so important!

[@BackyardBullion]

Thanks for watching!

[@mardler]

Yep, totally agree with your ‘bars vs. coins’ reasoning. I am also moving more towards 10oz or above bars for my stack strategy. That GM bar is pure gorgeousness too! I can only dream… 😂😂😂

[@jimzorn3853]

I recently heard that if the economy gets really bad, the government could confiscate bullion, particularly from a foreign mint. Apparently, only American silver coins would be safe from confiscation. Something like this happened before in American history. You might want to look into it.

[@BackyardBullion]

Great to hear!

[@SaintDuck]

Beautiful. I have a poured RCM 100oz that looks a lot like that that is probably my favorite piece. I have some rounds, but the majority of my stack is 10oz bars. All bought as close to spot as possible. Waiting for sales/specials is worth it sometimes.

[@BackyardBullion]

This is stunning and the RCM bars are equally as nice in my opinion.

[@stuartmcmahon8870]

Future video, 1000 Oz bar reveal ???

[@BackyardBullion]

Now that would be an amazing thing to buy!

[@BusyBeeCompany]

Loved my kilo and 100 oz bar by profit chance came along and gone, now premium new and old silver coin collecting...nice to move around as profit allows, you need to get one 100oz silver ingot once in your life even if you sell it later, to feel the heft, value in one item...it's a luxury which is more affordable here in the states but still something affordable for many of us collectors.

[@BackyardBullion]

That's the nature of silver bars, they can come and go!

[@mybad8805]

@@BackyardBullion I ruined nature. I bought a 15 kilo bar, great price somewhere around 21 bucks an ounce. The value is gonna kick out a mandatory tax form. How do you even melt a 33 pound bar?

[@johnwright6403]

That bar is beautiful!

[@M.RInvestorChannel]

Now that's a beautiful 100oz bar!!

[@SilverHeist]

The Long Bar format is quite nice!

[@BackyardBullion]

It's super cool

[@TiHerr74]

Would love a Germania 100 oz’r but I spent my discretionary funds on six 100 gram BYB art bars and like you, I have zero regrets!

[@BackyardBullion]

Thanks my friend!

[@ChiIeboy]

I _SOLD_ not one, but TWO of my 500oz American Silver Eagle monster boxes in May 2023 (still have six boxes left) and rec'd a grand total of *$30,565.18* for the two boxes. What did I do with the proceeds? Are you sitting down? I bought bitcoin-a total of 1.10584189 BTC to be exact. What is the value of that bitcoin today, seven months later? As of 15 DEC 2023, that 1.1 BTC is worth $47,130.98-an increase of $16,565.80 or 54%. The kicker is that I could turn around today and _repurchase_ two Silver Eagle monster boxes for _LESS_ than I was paid for those two back in May. Note: I won't edit this comment later, but it will be interesting to see what that 1.1 BTC will be worth in 2024. My prediction-again, this comment will not be edited-is that the 1.1 BTC will be worth $110,000 by the end of 2024. _Bitcoin is to gold/silver as the automobile was to the horse and buggy._

[@Fr.VeniceLAI]

If there is such an easy gain and huge profits awaiting ... in the World trading /selling/buying those Computer Digital Codes a.k.a. Bitcoin, in the invisible thin air of virtual reality cyberspace ... why are there actually billions of people going to work daily .....and millions of farmers planting corps. These ordinary fellows should all be sitting at home ... next to their Computers ...selling and buying Computer Codes. Or, be maintaining their array set-ups of Computers ... "mining" generating more computer codes to be sold. Wonder, why so many such stupid people going to work every day ..???

[@yotefan8286]

Germania Mint is the best in the business. Proud to collect everything Germania I can afford.

[@MrDead1975]

my biggest bar is a 5kg lump, that's a proper handful lol. bars make sense when you get them close to spot, paying coin premium prices on a bar doesn't make sense so much as you lose fractional flexibility, CGT benefits on legal tender etc.

[@BackyardBullion]

I also would love to own a 5kg bar.

[@JAVRTH]

Why silver is not reaching the price like palladium ?

[@david.9633]

Beautiful bar

[@williamrooth]

I enjoyed your video, but you seem to be trying to reassure yourself during the whole production that you were glad you did it, which you finally did at the end. Now that you have it, it will take a lot more for you to part with it, I would imagine! Well done, Sir!

[@BackyardBullion]

Not at all, I love it and I want more!

[@markfairfield1552]

That is a stunner mate :) but I think with silver gotta go used to avoid VAT

[@BackyardBullion]

Yeah, I don't disagree. But, sometimes you have to make a long term decision with your heart

[@John-ty8pq]

Is there a toll free number to the manufacturer to purchase?

[@BackyardBullion]

Maybe try googling it :-)

[@LatimusChadimus]

Planning on making 100 chances of profit on your rippled art ? Lovely chunky soft&smooth bar

[@BackyardBullion]

Ha, yeah maybe one day it would be melted down

[@Utility68]

Beautiful bar. EU tax treatment of gold vs. silver is criminal. I am blessed to pay no taxes whatsoever on metals in Ohio USA. Taxation is theft and most governments deserve to be overthrown.

[@losianoloveall]

that sucks you get taxed on silver

[@BackyardBullion]

Yes, yes it is!

[@Steezy76]

Congrats on the 100oz bar. My Germania Mint bar is my favorite. it's just feels and looks like a step above all others I have.

[@BackyardBullion]

Its very high quality and super cool

[@doc7497]

Just bought one… waiting for delivery!!

[@BackyardBullion]

Amazing, great to hear! Where did you buy it from in the end?

[@ceasarsalad119]

You have to pay vat tax when you buy and CGT when you sell. Bars are not exempt in uk

[@BackyardBullion]

You don't have to pay CGT unless you make a profit and that profit has to be more than £12000 per person (so £24000 if you are married) per year. So, CGT is almost irrelevant

[@BackyardBullion]

Also, you only pay VAT when you buy from a dealer that is VAT registered.

[@ceasarsalad119]

@@BackyardBullion I just buy RM coins and save myself the hassle. Silver is Silver whether its a bar or a coin. I don't like CGT since you are paying for not making anything. If you do a £100 investment in 2022 and it rises to £200 in a 10 year period on paper you've doubled your money but if inflation goes up by more than 100% in that time you've actually lost spending power. Then they want you to pay more just because.

[@BackyardBullion]

Silver and gold are not about making money like that though, they are the protection for your wealth. In the case you gave that is exactly what gold and silver are designed to do. Don't think of them as a traditional investment.

[@ceasarsalad119]

@@BackyardBullion I don't think of them as a traditional investment. i see them as wealth protection. If the money put into gold in 2022 has the same spending power 10 years later I struggle to see why we must pay CGT and reduce it to the point of loss. Just because its gone up in face value doesn't mean we've made anything from it. I see metals the same as you, I'm just questioning why we should pay CGT when we haven't made any gain from a spending power perspective. I know there's an allowance of 12k but I'm really talking about CGT in general.

[@StackingtheSouth]

Wow, that is so nice!!

[@BackyardBullion]

Certainly is!

[@rokinrandy]

Yea the market is going to implode. But aren’t we going to a gold backed system anyways. The whole world. It cost around $2300.00-2500.00. So What is the point is having all that silver. You can’t go to the store and by groceries. Is silver going to fly through the roof like Gold did ?

[@ookapelirekkars6156]

I'm in the rambler club. Lol

[@send2georgie_S2G]

Wow great score with that Germania bar! Gorgeous. Thanks for sharing BYB 👍🏻😊

[@womblestacker7993]

Wow

[@BackyardBullion]

Glad you like it buddy!

[@josefunez397]

Ilove those too Beautiful They make a stack look organized Wealthy Variety Like coins makes stacks look messy

[@BackyardBullion]

Totally right

[@whiskey_tango_foxtrot__]

Size matters?

[@BackyardBullion]

Apparently so!

[@johnfused8281]

How you use it

[@1betterthan]

This year i got the three graces 100 oz bar, was so impressed with it i got a 2nd one. I think these bars are amazing. Congrats on yours.

[@bign1667]

For comparison how many Oz of silver is in a 1kg silver bar?

[@BackyardBullion]

32.15 ozt

[@bign1667]

@@BackyardBullion wow 100 ozt is huge!

[@BackyardBullion]

Yes, yes it is!

[@hauntedhighway2166]

DUDE!! THAT is a beautiful 100 oz. bar!! CONGRATULATIONS!!

[@womblestacker7993]

When's next Tudor Beast2oz solver coin out anybody know

[@Tony-de4px]

nice nice nice .great looking bar good art work on it looks really legit 🙂👍👍👍👍

[@BackyardBullion]

Yeah, for sure it is amazing

[@LatimusChadimus]

Awe you're cool too! As is your outro jingle

[@BackyardBullion]

Thanks my friend, you are the epic cool rambler.

[@mykittenisagrandmaster4381]

Awesome bar love the fact that you can get certain bars in these presentation type boxes

[@judymichaud4081]

Just ordered the kilo bar from them I have a week to dream about it. love silver this is the biggest investment I can make this year. I had a silver town kilo bar before and had to sell it to survive when things got hard good thing to have when times get tuff you can sell it very easy and I made over 100 in profit when I had to sell. 100 OZ CONGRADULATIONS TO YOU.

[@tallthinkev]

Managed to get a note thing for this vid!

[@BackyardBullion]

Amazing! Silly old KZbin

[@LatimusChadimus]

🛎 🛎 🛎

[@mrssputnik7388]

That is a lovely piece of silver. Well done on procuring it for yourself. 👏

[@BackyardBullion]

Thank you kindly!

[@jimcatanzaro7808]

You paid tax on that lol 😂

[@arniebear]

Love poured bars! Those flow lines 👌💞

[@bornagainbullion3303]

Wow, that's a whopper! I'm definitely a bar guy too. It's great to be able to touch and hold silver and gold. You make it look so light in the video! I'm slightly surprised though (based on your philosophy from previous videos) that you didn't opt to use that budget on a slightly smaller gold bar. Maybe you were just seduced by the size of the thing!

[@austinluepkes5484]

“Slightly smaller” lol

[@ngf5077]

Do large bars ping? Or is it only small ones?

[@cryptomonkey6142]

Gorgeous bar, nothing like something long and hard with decent girth. 😛😉😆

[@BackyardBullion]

LOL!

[@thetahexhodlhands4550]

lol

[@buyystocks]

Almost bought at $2,150 now ,$2,350 us.

[@BackyardBullion]

That sounds like a nice return!

[@lewisoverfield5294]

Very nice grats on the bar, great video thx for sharing 👍

[@BackyardBullion]

Thanks my friend!

[@goldcic]

I buy both coins & bars & numis. First passion is numis. Spanish-American metal detected, slabbed FHs, & D. Bust 1795- 03. Needless to say, few and far between. I cut the 100ozs into quarters and melt them for jewelry. Same with near spot gold. Cut them to sterling or 18k for strength respectively & add gems,, or not. Also for color white, green, yellow or red. 100 bars are $2 over spot round here except antique Johnson - Mats & Englehards.

[@AhmedAbdi-jv1rb]

nice!

[@BackyardBullion]

Thank you! Cheers!

[@QuadTap]

that's one of the nicest bars on the market right now and usually pretty good deal too

[@oz3906]

What do you have in mind saying long term? just a range I mean

[@sesarssauce8698]

Beautiful bar...

[@BackyardBullion]

I think so too!!

[@mr.chainbluelightning9136]

Just to say I have been buying off eBay because they haven't been charging tax on silver and gold, I don't know if that's normal but I think it's awesome

[@shauncorless8965]

They are lovely ,,but it's a long term investment here in Scotland as we are taxed at 20% then there's the premium,s on top ,,100 coins v one bar ,,maybe coins if you need to sell u could sell 50 and still have some left 👍

[@thetahexhodlhands4550]

I just got my first ever silver purchase. Germania as well but i got the 10oz. I love it... Idk why people go crazy over RCM and stuff I get its premium or easy to sell but I just cant bring myself to pay that much extra. Maybe I am just a newb ^.^ I am really considering getting a 100oz if I see it at a good price

[@TacBlades]

What I learnt from this is no matter how bad a financial decision it is if you love it you will find a way to justify the purchase :) :)

[@adespade119]

100oz German Silver ??? oh no :)

[@BackyardBullion]

Ok, first off - what's wrong with German silver? Second - this isn't German, it's Germanic (referring to all the Germanic people of north eastern Europe. Maybe you should explain your a) slightly racist comment and b) learn geography/history?

[@richardslusserii7808]

That's an awesome bar and great video

[@BackyardBullion]

Glad to hear you think so!

[@MrSuperG]

Anyone know if A L Ghaith silver bars are good ?

[@BackyardBullion]

Never heard of them, sorry!

[@MrSuperG]

@@BackyardBullion made in the UAE from Dubai .

[@CoolCoinsandCollectibles]

BYB Rambler here.. I like that 100z bar. Germania Mint and Perth Mint are the best mints in the world for Coins & Bars as well as BYB Mint of course !

[@BackyardBullion]

Thanks for being a rambler!

[@stevenosborne5117]

I love all silver, of course you have to hold it to consider owning it.

[@BackyardBullion]

Totally agree.

[@QuadTap]

why do some of these bars have the ripples/waves and some don't.... wish they all did

[@Uncle.J.32]

The ripples happen if after the bar is poured you keep a flame on the bar for a few seconds after the pour and it creates a better top finish with the ripples

[@flipnap2112]

gorgeous. I love Germania mint bars. just something about them. keep it cool and dry my friend and congrats. my first was a 5 ounce bar and theres just something very visceral and real about holding a chunk of triple nines in your hand. it really makes you understand just how worthless paper fiat is. CBDC is coming so lock that value in before its stolen

[@JohnAdams-rm7zm]

What a beautiful bar ✊

[@BackyardBullion]

Sure is!

[@centsofhumor]

Those Germania bars are beautiful. I only have the 10 ounce ones so far. 🤩

[@machwind3266]

Their kilo bars are nice.

[@BackyardBullion]

Yes they are!

[@ScarletKnightmare]

I saw that for sale online and it immediately made my pants tight, but I didn't have the funds. Saving up now.

[@BackyardBullion]

Yeah, it's very good isn't it!

[@ScarletKnightmare]

@@BackyardBullion They're gorgeous. I have one of each Germania bar and when the 100oz came out I knew I had to have it. You're right, hefty bars are more fun than coins by far. Cheers!

[@davidmartin2957]

Could you not have poured a 100 oz for yourself. Just a thought

[@BackyardBullion]

One day maybe, for now a Kilo is as large as I want to go.

[@mybad8805]

It's a bar, polish it.

[@michaelangelobergeron5980]

10 ozT is my favorite size for silver bars (Scottsdale), 2.5 ozT for gold (Pamp)

[@averagestacker]

Geez, that's a lovely monster piece 😁.That is a dangerous piece, good for a defensive weapon for some 🤣.

[@BackyardBullion]

Could do some serious damage if used as a weapon!

[@Jerry-Parker]

That is an AWESOME bar ! 👍

[@BackyardBullion]

I think so too!

[@jaydubau8755]

Premium bar? Here in the US that is one of the cheapest bars available

[@BackyardBullion]

It's premium for me because of the tax involved. I have lower premium bars.

[@jaydubau8755]

@@BackyardBullion bummer sorry to hear that. Taxes are no bueno

[@Jesse_Dawg]

This is an awesome bar! Please make more videos

[@BackyardBullion]

Thanks, will do!

[@The_Argent]

"I like the fact that it is elongated, it feels great in the hand, you can get your hand around it and feel the real heft of it..."

[@BackyardBullion]

Sure does!

[@ximinghuang5068]

100oz is the business , love it !

[@richardakroyd6479]

All my buys are with the next 10/15 years in mind. Mine is for retirement instead of putting it in a private pension. I might sell some in 5 years time but I'd much rather add to it.

[@Fanta....]

Buy the type that most suits your goals. If you think the financial system is about to collapse and you want something to barter with, buy some coins. if you are just buying as much as you can for as cheap as you can and just going to dump it all after your goals are met, then by the lowest premium bars you can get your hands on. If you want to cover all possibilities, get a bunch of fractional, 1, 10 oz coins and bars and youre good to go. Also worthy of note, See what your local dealer will accept. some get a bit funny about buying large 100 oz bars, or will do so under spot to hedge their bets. Know your exit strategy.

[@robertkeating1899]

👍

[@BackyardBullion]

Thanks my friend!

[@welcometoplanetdirt709]

I WANT ONE.HOW MUCH V.A.T. 500 BOB PERHAPS 😫

[@BackyardBullion]

Youre looking at closer to £2200 with VAT mate!

[@kevinrowland4592]

I don't buy many bars but germania is one of my favorite mints

[@BackyardBullion]

Rightly so, they are super cool and high quality

[@nicecoinsnumismatica-th3jh]

E’ da tempo che desidero comprane uno da 100 Oz.Lo spero.Bellissimo nella sua lucentezza.

[@cryptoenthusiast8218]

Love Germainia Mint products! Nice bar

[@BackyardBullion]

Me too!

[@joebob7135]

tax on money that u've already been taxed on to buy real money. Good ol Government

[@BackyardBullion]

Yes and no, silver isnt money

[@joebob7135]

@@BackyardBullion The word Silver translates directly to money in several other languages, biblically silver is specifically mentioned as money (along with Gold), and prior to 1964 Silver was in Western Government Coinage before the modern day coin clipping occurred. Governments can briefly say it's not money today by fiat or decree but it still fits all criteria per below with the exception of mostly Western countries/culture not accepting it widely as payment since 1964 (likely to change in the next few decades reverting back to the historical norm as always) U probly knew the above already so what's your reason why it's not money? Fungible: its individual units must be capable of mutual substitution (i.e., interchangeability). Durable: able to withstand repeated use. Divisible: divisible to small units. Portable: easily carried and transported. Acceptable: everyone must accept the money as payment Limited in supply: its supply in circulation must be limited

[@j.daviddawson8779]

Working up to....

[@BackyardBullion]

Its worth working towards!

[@DarinRWagner]

This isn't your FIRST 100oz silver bar, if memory serves.

[@BackyardBullion]

No, it's not!

[@IgorGutman]

The 100 oz. bar is a weird awkward format. First of all, I hate the Imperial units, they are so retardedly complex. Second, it's just an awkward random size.

[@BackyardBullion]

Yeah, you're not wrong.

[@johninphx9360]

500 gram is as big as I own. Working up to s kilo.

[@voodooskratch]

Nice! Check out SAL'S silver stack video 🏴‍☠️👍

[@BackyardBullion]

I will check it out!

[@ssale21]

Big deal who cares

[@BackyardBullion]

Well, the nearly thousand people that have watched this video in a short space of time....and the 5000 - 7000 more that will watch it later

[@BackyardBullion]

Me thinks you are a troll

[@BackyardBullion]

Last words before being blocked and banned from commenting on my channel?

[@mergingbutterfly]

Is 100 oz silver the same as 1 kilo bar of silver?

[@JAVRTH]

No, it is 3 kilos in 1 bar

[@monotremata9892]

Maybe you should immigrate to Australia .100oz Perth mint silver bar £1,842.04 ( $3,146.60 AUD ) in Melbourne at a Bullion dealer . No tax , walk in , pay and walk out .Sob Sob Sob . Seriously how can you afford to stack silver in old blighty ? 🦘😎

[@BackyardBullion]

Yeah, that would be nice!