BullionNow.com.au online store is LIVE! - But watch this video first...

Discussion in 'Commercial Trading (Public)' started by Bullion Now, Aug 22, 2019.

Page 2 of 2
  1. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    https://www.perthmint.com/documents/Brochures/2192 Perth Mint AR 2018.V4.no.sig.pdf

    Perth Mint has produced 818M ounces of silver since 1987. That's an average of 25M ounces a year, so 38,500 ounces would be only 0.15% of Perth Mints output, let alone the other producers like ABC bullion.
     
    SilverDJ, Aug 25, 2019
    #21
  2. alor

    alor Well-Known Member Silver Stacker

    Joined:
    Jun 16, 2011
    Messages:
    12,102
    Likes Received:
    3,877
    Trophy Points:
    113
    most likely he has to come back to collect them
    its just 38 bars :cool:
     
    alor, Aug 25, 2019
    #22
  3. shinymetal

    shinymetal Well-Known Member

    Joined:
    Oct 29, 2012
    Messages:
    1,815
    Likes Received:
    685
    Trophy Points:
    113
    Location:
    victoria
    Fair point, But I imagine a fair bit of that 25 million ounces goes to industrial uses or sold internationally, they also produce blanks for different mints all around the world. I wonder how much or it ends up in the Australian retail market?
     
    shinymetal, Aug 25, 2019
    #23
  4. SilverDJ

    SilverDJ Well-Known Member

    Joined:
    Nov 1, 2014
    Messages:
    3,935
    Likes Received:
    1,297
    Trophy Points:
    113
    Location:
    Australia
    That's just bullion and numismatic coins, but yes, includes international.
    I doubt you could buy 38,500 ounces off the shelf retail, but I'm sure Perth Mint would take your order and start the presses for you right away.
    I wonder if there any rich bastards who put in physical orders like this?
    If you had a few hundred mil you'd do it just for kicks

    [​IMG]
     
    SilverDJ, Aug 25, 2019
    #24
  5. Bullion Now

    Bullion Now Well-Known Member Commercial Member

    Joined:
    Jan 16, 2019
    Messages:
    459
    Likes Received:
    591
    Trophy Points:
    93
    Location:
    Level 6, 227 Collins St Melbourne
    Bullion Now, Sep 2, 2019
    #25
    JOHNLGALT and 66rounds like this.
Page 2 of 2

Share This Page