Silver Kilo Bar (Royal Mint), Coin from United Kingdom - detailed information

Silver Kilo Bar (Royal Mint), Coin from United Kingdom
CoinSilver Kilo Bar (Royal Mint)

The Royal Mint of the United Kingdom, which makes the country's circulating coinage, is also very active in the bullion coinage space and issues many bullion coins which are legal tender.

Additionally, it also makes bullion which is not legal tender and is targeted at investors and not at coin collectors. Some of these products - like this one - have precious metal content of 1000 g (one kilogram, or 1kg) of silver.

These products are rectangular in shape and are known as "gold bars"; they are cast, as their size is not suitable for regular minting techniques.

The Royal Mint says about this product:
"This significant bar is the largest cast silver bar available from The Royal Mint Refinery (RMR), containing 1 kilo (1000 g) of 999.9 silver. They are imprinted with a unique serial number and the RMR logo. The kilo silver bar offers a higher-value purchase opportunity for investors and those who wish to own and trade larger amounts of silver.

Unlike minted bars, cast bars have less intricate designs and due to the manufacturing process there can be unevenness in the finish of the bar. This reduction in the manufacturing cost is then passed on to you, resulting in a lower premium. This finish is only aesthetic and does not affect the value."

MintRoyal Mint Mint MarkR.M.R Total Mintageunknown
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Obverse

Plain.

Obverse Inscription (none)
Reverse
United Kingdom / Silver Kilo Bar (Royal Mint) - reverse photo

The reverse shows on top the R.M.R marque in a circle, around which THE ROYAL MINT · REFINERY ·

On three lines below, the precious metal content: 1000 g 999.9 SILVER (one thousand grams of 99.99% silver; equal to 32.150 troy ounces).

Below that, a unique serial number.

Reverse Inscription R.M.R THE ROYAL MINT · REFINERY · 1000 g 999.9 SILVER [serial number]
EdgePlainEdge InscriptionNone
Notes

Royal Mint Product Code: RMRCSKB.

All (2) coins of type: Silver Kilo (1 kg), Private Bullion
Coin NameMintageLegend
Silver Kilo Bar (Royal Mint) unknown (none)
Silver Kilo Bar 2021 (Royal Mint) unknown (none)
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Silver Kilo Bar (Royal Mint): Details
CountryUnited Kingdom
Coin TypeSilver Kilo (1 kg), Private Bullion
Issued2015 - 2021
Mintageunknown
Material0.9999 Silver
TechnologyCast
ShapeRectangle
OrientationMedal Alignment (Axis 0)
Size 54 x 118 mm
Thickness15.000 mm
Mass1,000.000 g
OCC IDRMKG-OZAC-BYVR-ENXQ
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Silver Kilo Bar (Royal Mint): Photos
ImageDetails
1kg Silver Cast Bar Bullion | 999.9 fine silver
Copyright: Royal Mint
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