A Hundred Ounces, Poured Loose
The 100 oz .999 Silver Grain is one hundred troy ounces of .999 fine silver in loose shot: small beads and teardrops of silver that cooled where they fell rather than being struck or stamped. 3,110 grams of silver, a little under seven pounds, sold by weight with no design, no hallmark and no refiner’s name to pay for.
The Same Weight as a 100 oz Bar
A 100 oz bar and a 100 ounce lot of shot hold the same silver. The difference is what comes with it. A bar from a named refiner carries a hallmark and a shape every dealer recognizes, which makes it quick to sell back. Shot carries none of that, so the premium sits closer to the metal, and the trade-off arrives when you sell, because a buyer has to test loose shot rather than read a stamp.
Divide It Any Way You Like
A bar is one piece until you cut it. A hundred ounces of shot can be split into any amount a scale can measure: ten ounces for a casting job, a single ounce for a gift, or several smaller lots for later. Metalsmiths and jewelers use shot for that reason, since it melts quickly and measures easily, and mints use refined grain as the raw material for their own bullion. Weigh out what you need, and keep the rest together.
Who Buys It, and Who Should Not
Shot suits casters, jewelers and stackers who care about cost per ounce and are comfortable selling to a refiner or a dealer who buys by weight. It does not suit buyers who want a recognized, stamped product or a place in a retirement account. Not an IRA product: silver shot is generally not accepted in a precious metals IRA, even at .999 fine.
100 oz .999 Silver Grain Specifications
Each lot holds 100 troy ounces of .999 fine silver in loose grain, weighed to the stated amount. Grain size and shape vary within every lot. 100 troy ounces, .999 fine, sold by weight. Full details are on the Specifications tab above.
100 oz .999 Silver Grain FAQ
How much does 100 ounces of silver shot weigh?
100 troy ounces is about 3,110 grams, or just under seven pounds on a household scale.
Is 100 oz of shot cheaper than a 100 oz silver bar?
It usually carries a lower premium, because there is no die, design or hallmark involved. You give some of that back when you sell, since loose shot has to be tested and goes to refiners or dealers who buy by weight.
Can I split the lot?
Yes. Shot can be weighed out in any amount, which is one reason casters and jewelers buy it. Keep the remainder sealed and dry so the weight stays together.
Who makes the silver shot?
The refiner varies by lot and is not named, since shot carries no hallmark. What you are buying is the stated weight of .999 fine silver.
Is silver shot IRA eligible?
Generally, no. Even at .999 fine, loose shot is not usually accepted as an IRA product. If an IRA is the goal, a 100 oz bar from a recognized refiner is the better fit.
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