Wall Street Mint Silver Bars

Despite no longer being in business, Wall Street Mint bars are still highly collectible. There are several reasons for this. The mint was very well-known before it closed its doors, and was respected as a high-quality mint which turned out a pure product.

As with any company which is no longer in business, demand has gone up for Wall Street Mint bars since 2002. This was the last year of production, during which they turned out only a limited number of bars designed to honor those who lost their lives during the tragedy of September 11th. These bars are very popular among collectors and investors alike. They are the same .999 pure silver quality as any of the Wall Street Mint’s bars, and have the added collectible appeal of honoring those lost during the tragedy.

Another very popular design from the Wall Street Mint is a 10 ounce bar which depicts the New York City skyline in breathtaking detail, having been struck to form a raised pattern. These bars are also of the highest quality, .999 fine silver, the industry standard. On the back, they feature the Wall Street Mint’s logo…the letters WSM…in a repeating, slanting pattern. These bars are highly sought-after by collectors simply because it’s hard to find NYC memorabilia with the Twin Towers still standing. These bars were minted before the September 11th tragedy.

For collectors or investors who don’t care much for commemorative designs, Wall Street Mint bars are still a wonderful investment. They are available in 10- and 100-ounces sizes. The more “standard” looking bars are very plain in appearance, featuring only the name of the mint itself, the grade of the silver (.999) and the weight (100 or 10 troy ounces). While they may not be the prettiest bars on the market, these substantial pieces of fine silver are excellent investment pieces. The 100-ounce bars are usually more popular among serious investors, since they generally have a lower mark-up percentage than smaller sizes.

Nervousness and mistrust surrounding Wall Street itself in recent years has led to some misguided avoidance of Wall Street Mint bars. There is no need to worry. A purchase of a Wall Street Mint silver bar does not support Wall Street itself in any way. The mint is no longer operating, and so all sales of Wall Street Mint bars are secondary. Your purchase is only financing the seller, not Wall Street.

As with any silver investment, it only makes sense to protect your wealth. Collectors who are just starting out will want to consider purchasing or installing a small (but high-quality) home safe to keep their investments protected. Those with larger collections may want to store their silver at home, in which case a larger home safe is recommended. Be sure to research weight limits, fire safety and general safety ratings before purchasing a safe; your silver is heavy, and some safes may buckle and become compromised under its weight. Another option for larger collections is a safety deposit box at your bank.

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