Discussion in 'General Precious Metals Discussion' started by nighttrader, Jul 9, 2019.
was referring to purity of that side
The figures on the far right relate to perthmintbullion.com (aka Perth Mint). It is showing that Perth Mint is selling their coins for a higher premium than the limit that was applied in calculating what was owing by Bullion Bourse (aka Perth Bullion).
I agree the table is a bit confusing, it would have been better with just 1 or 2 lines highlighting common weights.
From the table, the ATO is using $57 over spot as a premium limit (for 1oz gold), where Perth Mint are selling their gold coins for more than $100 over spot e.g.
thanks, I understand it much better now
Bullion Bourse had the lowest premiums at the time, I was buying bars at about $25 over spot and a coin was $40 or less. there was a reason they destroyed this Business but we will never be privy to that.
Anyone know what happend to people who owned Unallocated, Did they get any PM or the value in cash or just become a unsecured creditor?
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