That's ridiculous. Australia Post literally gives bullion dealers commercial accounts. Re insurance, it's covered through what's known as a Jeweller's Block policy, and is part of "sendings". The insurance companies know what they're covering. Australia Post insurance is not usable.
There must be some kind of exemption that Aust Post has that allows them to grant a waiver to companies that can meet some set of standards.
If you read their terms and conditions, they do allow coins made of precious metals as long as it is in registered post or parcel services with maximum face value of $200.
Seriously..one parcel out of how many thousands over the past few years of bullion shipped just from this site alone gets pulled up and we need two threads for it? Hush childrens
There’s probably a lot of bullion being posted back and forth at the moment with all the high demand. Seems like someone has decided to crack down on it.
One off is hardly a trend. This is akin to chicken licken yelling out "the sky is falling" after being hit by an acorn Move along...nothing to see here.
They let me send my 2 yearly bowel screening poo in the mail but not bullion. Australia Post is out of touch.
I just clicked through to the Australia Post website to their > collectables > coins and banknotes section and placed a bullion coin into my cart. Took it all the way to checkout and delivery was by Australia Post. So how is it they can send bullion and we can't? Talk about misleading, confusing and double standards. https://auspost.com.au/shop/collect...=1&@Sort.UUID=0&PageSize=30&SortingAttribute=
Sounds a little like the double standards of our governments/central banks. It’s illegal for us individuals to print money, but they can print as much as money as they like!
For me its not just the metals. When mailing something I should have a reasonable expectation of privacy. To my knowledge Australia Post (and employees) have no right to open and inspect my mail. If they felt it was dangerous or prohibited as per terms of carriage they can refuse to deliver it and return it unopened. If they felt it was illegal it should have been referred to the AFP or Border Force. Some random at BNE shouldn’t be pawing through my stuff.