Description

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The price for LBMA Good Delivery Large Silver Bar is indicative and is based on 1000oz, the weight varies from 750oz to 1100oz.

The LBMA standards, recognised throughout the world, ensure that accredited refiners continue to maintain the high standards necessary for the London Good Delivery List.

Minimum silver content: 750 troy ounces (approximately 23 kilograms)
Maximum silver content: 1100 troy ounces (approximately 34 kilograms)

However, it is recommended that ideally refiners should aim to produce bars within the following weight range:

Minimum silver content: 900 troy ounces (approximately29 kilograms)
Maximum silver content: 1050 troy ounces (approximately 33 kilograms)

The gross weight of a bar should be expressed in troy ounces in multiples of 0.10, rounded down to the nearest 0.10 of a troy ounce.

Dimensions
The recommended dimensions for a Good Delivery silver bar are approximately:
Length (Top): 300 mm +/- 50 mm. Undercut:* 5-15 degrees
Width (Top): 130mm +/- 20 mm. Undercut:* 5-15 degrees
Height: 80 mm +/- 20

The undercut refers to the degree of slope on the side and ends of the bar and is calculated using the following formula: 90 degrees (ATAN(H/((T-B) 0.5))), where H=Height, T= Top, and B=Bottom dimensions of the bar, the bottom dimension being measured to the theoretical sharp edges.

Fineness
The minimum acceptable fineness is 999.0 parts per thousand silver.