Discussion in 'General Precious Metals Discussion' started by aelmsu, Mar 18, 2020.
Are there any bullion dealers in Aus that accept USD as payment?
I assume most would . Abc does and so dors Perth mint
Interesting, I did not know that...
Me neither, wow, I'm surprised. I assumed it would be too much hassle.
EDIT: Seems not:
It says in store....best call them tomorrow and ask if they will accept a USD FX transfer as payment and i bet they say yes.
Perth Mint Goldpass asks when you setup your account if you want AUD or USD , which cannot be changed after setup. So they obviously allow it.
I do not handle much cash, its not a big deal to me but do a lot of FX because of my work so am used to handling it and its what my reply was based on.
I'm looking at their 'Depository Online' option right now which asks the same question about currency... I think it could be a good alternative to buying physical with USD. It allows 24 hour buying which would have also let me take advantage of the dip the other night...
The PM website FAQ says: "Unallocated metal does not attract a fabrication fee."
I don't know if I'm understanding that correctly -- Can I switch to physical at any time with no fab fee and just pay the delivery charges?
No physical implies you pay the fab fee
No, you pay the fab fee when you "convert" from un-allocated to allocated. Perth Mint delivery charges are very high, beware. Delivery should be a last resort.
BTW, I just checked, and now it's only 1000oz bars available for physical allocated conversion. Wasn't like that yesterday.
Nice, just get one of those plus the 2 100g gold bars listed on the forum and your stack is complete
Yeah, I thought that must be the case. So the conversion to physical is basically unallocated->allocated... which makes sense. Thanks for the
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