Five Ounces from an Indiana Mint
This bar holds five troy ounces of .999 fine silver, struck by SilverTowne, a private mint that has operated in Indiana since 1949. It arrives new, with a landing eagle on the face and SilverTowne’s prospector-and-donkey hallmark on the back. It is silver in bar form, not a coin.
The Landing Eagle
The face shows a bald eagle at the moment of landing, wings thrown up and talons reaching for a bare branch that runs the width of the bar. The feather detail carries through each wingtip, and raised block lettering below reads .999 FINE SILVER and FIVE TROY OUNCES. A raised border frames the design and takes the wear in storage. The reverse is a diamond crosshatch that runs edge to edge, which hides contact marks and doubles as a light anti-counterfeit texture, with the prospector and his pack donkey set into the lower field.
What a Private Bar Is
Say it plainly: this is a privately struck bar, not a coin. It has no face value, it is not legal tender, and there is no mintage limit, so SilverTowne strikes more as demand calls for it. What you get for that is a low premium over the silver price, close to a plain bar, with a design and a mint mark that dealers know.
The Trade-Off of the 5 oz Size
A 5 ounce bar costs less per ounce than five separate 1 ounce pieces, and it stores in a fraction of the space. The catch is that you sell it as one 5 ounce unit, not ounce by ounce, and 1 ounce rounds and government coins are the more common resale unit, so a 5 ounce private bar can be a little slower to move. It also ships without an assay card, so it is checked by weight and recognition rather than a sealed certificate.
Specifications
The bar is five troy ounces of .999 fine silver, 61.4 mm wide, 36.4 mm tall and 7.6 mm thick, with a smooth edge, and it ships new. See the Specifications tab for current packaging.
SilverTowne Eagle 5 oz Bar FAQ
Is this a coin?
No. It is a bar from a private mint, so it carries no denomination and is not legal tender. The value is in the five ounces of .999 silver and the recognized SilverTowne name, not in any government backing.
Why buy a 5 oz bar instead of five 1 oz bars?
Mostly for the lower premium and the smaller footprint. One 5 ounce bar costs less over the silver than five singles and takes up less room. The tradeoff is that you cannot sell part of it, and 1 ounce pieces trade a little more readily.
What is the prospector-and-donkey mark?
It is SilverTowne’s hallmark, a prospector leading a pack donkey, a nod to American mining history. The mint has stamped it on its silver for decades, and dealers use it to recognize a SilverTowne product on sight.
Is it real .999 silver, and is it IRA eligible?
Yes on the silver: five full troy ounces of .999 fine, stamped into the bar. Hero Bullion lists it as IRA eligible at that fineness, though some custodians are choosier about private bars than sovereign coins, so confirm yours before it goes into an account.
What condition will it arrive in?
New. These bars are struck to a clean bullion finish and ship unblemished, and the diamond crosshatch reverse is designed to keep light handling from showing. Silver can tone over years, so store it dry and away from air if you want it bright.
Stacking silver in 5 ounce units? The rest of our sit together, from private mints across the country.
Put five ounces of the eagle in your stack. Add the SilverTowne Eagle 5 oz Silver Bar to your cart.