Australia

October 19, 2011 at 14:56

truthing

-

<< All Countries

PerthMint 5.0 26
ABC 4.5 22
Gold DeRoyale 9.0 32
Gold Bullion ?? ??
Ainslie Bullion 5.0 30

Online Purchase means you’re able to submit an order based on online prices. When this feature is not checked, any published prices are indicative only. Orders can only be placed after obtaining a quoted price by phone, email, fax or over the counter.

Premium Over Spot is an estimate of lowest premium charged for a 1 oz gold & silver coin based on online prices. See “Premiums” section of Reviews for premiums of other products. Vendors may alter these premiums in response to market conditions. Check their websites for latest pricing.

Reviews

-

Perth Mint Bullion

Products2011 Australian Kangaroo 1 oz Gold Bullion Coin

Gold coins: Perth Mint Lunar & Kangaroo (from 1/20oz to 1kg)

Gold bars: Perth Mint cast & minted (from 5g to 50oz)

Silver coins: Perth Mint Lunar & Koala (from 1/2oz to 10kg)

Silver bars: Perth Mint (10oz to 100oz)

Pricing & Ordering

Publishes realtime prices, but online purchase can only be done during business hours (8.30am to 4.30pm Monday – Friday). Purchases may also be made through telephone or over the counter. Orders of AUD100,000 or more must be transacted in person or by telephone. When ordering by phone, buyers are asked to sign and return sales contract within one hour.

Online registration and account approval has to be completed before you are able to place any online orders. Verification involves sending in certified/notarized copies of your identification documents. This process could take a while, so if you’re planning to buy from them, it’ll be better to create your account way in advance.

Payment & Delivery

According to their Terms & Conditions full payment is due within 2 business days of placing an order in which the metal priced has been fixed. For orders of AUD100,000 or more, a 10% deposit in cleared funds must be received prior to placing an order which fixes the metal price. For orders of AUD2,000,000 or more full payment in cleared funds must be received prior to placing an order which fixes the metal price. Acceptable mode of payment includes wire transfers, RTGS, Direct Bank Account Deposit, Cheque/Money Order and BPay.

Deliveries within Australia are made through AAE courier door-to-door or by Armoured Carrier, depending on value of order. Bullion are normally despatched the day after receipt of full payment in cleared funds.

Currencies

Prices are quoted in AUD & USD (If you are not logged in, USD prices will be displayed)

Premiums (Note: Dealers may change their premiums according to supply & demand conditions)

Based on random online quoted prices, here’s a picture of their premiums range.

  • 1oz gold Kangaroo coin – about 5% over spot
  • 1kg gold Cast bar – about 0.3% over spot
  • 1oz silver Koala coin – about 26% over spot (17% for 500 pcs)
  • 1kg silver bar – about 3% over spot

Storage

Storage services available through Perth Mint Certificate Program & Perth Mint Depository Services Account

Buy Back

Buy-back prices are quoted alongside Mint Sell prices.

< Back to Top

-

Australian Bullion Company

ProductsABC 1 oz Gold Bar

Gold coins: Australian Lunar & Kangaroo, British Sovereign, S. African Krugerrand

Gold bars: ABC, PAMP Suisse, minted & cast bars (from 1g to 1kg)

Silver coins: Australian Koala

Silver bars: ABC, PAMP Suisse, minted & cast bars (from 1oz to 5kg)

Platinum & Palladium: Range of PAMP bars

Pricing & Ordering

Publishes realtime prices and orders can be initiated and completed 100% online, up to a daily limit of $75,000. Orders may also be placed by phone or over the counter. All orders are automatically assigned an expiry date unless otherwise specified by you at the time of placing an order. This expiry date is 4:00pm (East) of the Business day which the order was placed.

Account registration and account approval has to be completed before you are able to place any online orders. Verification involves sending in certified/notarized copies of your identification documents.

Payment & Delivery

Same day payment is required for all transactions via cash or direct deposit into ABC’s account. Bullion will be delivered or personal pick up can be arranged.

Currencies

Prices are quoted in AUD

Premiums (Note: Dealers may change their premiums according to supply & demand conditions)

Based on a random check for some common products, here’s a picture of their premiums range.

  • 1oz gold Kangaroo coin – about 4.5% over spot
  • 1kg gold ABC cast bar – about 1% over spot
  • 1oz silver Koala coin – about 22% over spot
  • 1kg silver bar – 5% over spot

Storage

Storage service is available, from premium to Allocated and free Unallocated.

Allocated storage fees: $12.50 per oz Gold and $16.00 per kg Silver per annum (includes gst).

Buy Back

Buy back prices are published online alongside the selling price for every product.

< Back to Top

-

Gold De Royale

ProductsMS70 American Gold Eagle Coin

Gold coins: Canadian Maple Leaf, American Eagle, MS70 Gold Eagle, Austrian Philharmonic, Chinese Panda, S. African Krugerrand

Gold bars: PAMP Suisse, Valcambi Swiss, Argor-Heraeus, UBS (from 1g to 1kg)

Silver coins: Canadian Maple Leaf, American Eagle

Silver bars: Johnson Matthey, PAMP Suisse (from 1oz to 3kg)

Platinum & Palladium: Range of PAMP bars

Pricing & Ordering

According to their very user-friendly FAQ section, online orders can be done 24×7 based on their published online realtime prices. They take orders via email as well, but not by phone or over the counter transactions.

There are 2 ways to place an online order using 2 different shopping carts.

(1) Clicking on the Gold, Silver, palladium or Platinum Bullion button will display all products in the selected category together with prices and description. Products selected will be placed in a shopping cart to be paid by credit card during check out. Orders limited to a maximum of $5,000.

(2) Clicking on the Payment via wire transfer link at the top of the page will display an order form listing all products in one page. Products selected will be placed in a separate shopping cart to be paid by bank wire transfer during check out. This method may only be used from Monday to Friday (excludes all public holidays) from 9:00 AM to 3:00 PM QLD Time.

Payment & Delivery

Account registration is fast and easy. Customer identification documents required by the Australian Transaction Reports and Analysis Centre (AUSTRAC) have to be submitted separately.

Payments by credit or charge cards are subject to a surcharge of 2.69% and 3.89% respectively, which will be displayed in the check out page. However, this is slightly different from the figures listed in the Transaction Terms and Conditions. When ordering by wire transfer, 5% of order value has to be paid within 1 hour of submitting the order and the balance within 24 hours, according to instructions at the check out page.

Shipping and insurance costs will be computed at the check out page. There’s a choice of registered post or courier for local shipments while international orders will be shipped by insured FedEx.

Currencies

Prices are quoted in AUD only

Premiums (Note: Dealers may change their premiums according to supply & demand conditions)

Based on a random check for some common products, here’s a picture of their premiums range.

  • 1oz gold Austrian Philharmonic coin – about 9.0% over spot
  • 1kg gold PAMP Cast bar – about 0.8% over spot
  • 1oz silver Maple Leaf coin – about 32% over spot
  • 1kg silver PAMP Suisse bar – 5% over spot

Storage

Provides secure storage facilities at the Reserve Vault, Brisbane, Queensland.

Buy Back

No buy back offered

< Back to Top

-

Gold Bullion Australia

Products

Gold coins: Australian Kangaroo

Gold bars: GBA and other cast bars (1oz to 10oz)

Silver coins: Australian Kookaburra

Silver bars: Cast bars (5kg-16kg)

Pricing & Ordering

Publishes indicative dollar value premiums above spot for each product but no realtime prices. No online shopping, need to call or email for quotation. Website features rather limited, with no specifications or pictures of products

Payment & Delivery

Payment within same day of order by cash, personal or bank cheque or electronic funds transfer.

Currencies

Appears to deal in AUD only.

Premiums (Note: Dealers may change their premiums according to supply & demand conditions)

As no prices are published, we list their advertised premiums for selected products.

  • 1oz gold coin – No prices or premiums indicated
  • 10oz gold bar – “as low as $18/oz over spot”) – which works out to be about 1.3%
  • 1oz Australian Kookaburra silver coin – No prices or premiums indicated
  • 1Kg silver bar – “As low as $1.24/oz over spot” – which works out to be about 3.5%

Storage

No storage services offered.

Buy Back

You may sell back to them through phone, but no rates are published.

< Back to Top

-

Ainslie Bullion

Products

Gold coins: Australian Kangaroo & Lunar, S. African Krugerrand

Gold bars: Assorted bars (1oz to 1kg)

Silver coins: Australian Kookaburra

Silver bars: Cast bars (10oz-16kg)

Pricing & Ordering

Realtime prices are available in the order page and according to their homepage, it’s ” a safe secure way to purchase gold and silver bullion instantly online”. Apparently no account registration is required. Alternatively, you may download a price list with indicative pricing and call them to make an order.

Website features rather limited, with no specifications or pictures of products

Payment & Delivery

When ordering online, 10% deposit payable by Visa or Mastercard (with no surcharge), with details to make full payment sent via email once your deposit is made.

Delivery options include secure storage, pick up or ship to address.

Currencies

Prices are quoted in AUD

Premiums (Note: Dealers may change their premiums according to supply & demand conditions)

Based on a random check for some common products, here’s a picture of their premiums range.

  • 1oz gold Kangaroo coin – about 5% over spot
  • 1kg gold bar – about 0.9% over spot
  • 1 oz silver Koala coin – about 30% over spot
  • 1kg silver Ainslie bar – 5% over spot

Storage

Offers storage service through Pooled (unallocated) accounts. PoliticalMetals recommends storing your bullion in Allocated Accounts to minimize counter-party risks. Read about storage options here.

Buy Back

Buy back prices are published in the downloadable price list document.

< Back to Top

-

June 2011

Disclaimer

The above information is provided on a best-effort basis. It’s accuracy is not guaranteed, and may not reflect the most recent changes made by the service providers. Please perform your own due diligence and verify the information from their respective websites before making any decisions. The reviews are the personal opinion of the author and does not constitute any endorsement or recommendation.