Perth Mint Monthly Sales

Discussion in 'General Precious Metals Discussion' started by goldpelican, Sep 18, 2012.

  1. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
  2. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    7,928
    Likes Received:
    6,517
    Trophy Points:
    113
    Location:
    Sydney
    I crunched the numbers. Close to $1B per annum.
     
  3. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere
     
  4. Silvermate

    Silvermate Member Silver Stacker

    Joined:
    May 8, 2012
    Messages:
    129
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    Some Where Over There
    +1 :)
     
  5. phynixbullion

    phynixbullion Member

    Joined:
    Sep 11, 2011
    Messages:
    306
    Likes Received:
    4
    Trophy Points:
    18
    Location:
    Melbourne , VIC
    They are quite expensive
     
  6. bordsilver

    bordsilver Well-Known Member Silver Stacker

    Joined:
    May 23, 2012
    Messages:
    8,717
    Likes Received:
    304
    Trophy Points:
    83
    Location:
    The rocks
    But are you still buying Perth Mint products (but just through other dealers)?
     
  7. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    quite ironic though IF you're still buying their product?
     
  8. metalzzz

    metalzzz Well-Known Member

    Joined:
    Sep 3, 2011
    Messages:
    1,977
    Likes Received:
    86
    Trophy Points:
    48
    Location:
    Australia
    Sometimes yes but 90% of the time no, because they are not the cheapest bullion by a long shot. Ugly bars, rounds and pre decimal is what I'm going for right now. But i can't stay away from all the perth mint coins though, that part is more of a hobby for me (collecting bullion coins)
     
  9. grinners

    grinners Active Member Silver Stacker

    Joined:
    Mar 19, 2011
    Messages:
    1,183
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia
    So with GSR at 50 to 1, there is 5 times as much money going into PM gold than PM silver?
     
  10. bron suchecki

    bron suchecki Active Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    1,239
    Likes Received:
    2
    Trophy Points:
    36
    Location:
    Perth, Western Australia
    That sales GSR is just reflecting mintage limits I think. It would be a different story if Depository sales were included.
     
  11. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
    Any reason Depository figures don't get released?
     
  12. hiho

    hiho Active Member Silver Stacker

    Joined:
    Apr 4, 2011
    Messages:
    7,816
    Likes Received:
    21
    Trophy Points:
    38
    Location:
    South Brisbane
    please explain?
     
  13. grinners

    grinners Active Member Silver Stacker

    Joined:
    Mar 19, 2011
    Messages:
    1,183
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia

    10 times as many silver ounces sold as compared to gold.

    A gold ounce is 50 times as expensive as silver.

    Therefore 5 times as much money going into gold mintages than silver.
     
  14. bron suchecki

    bron suchecki Active Member Silver Stacker

    Joined:
    Jul 10, 2009
    Messages:
    1,239
    Likes Received:
    2
    Trophy Points:
    36
    Location:
    Perth, Western Australia
    Deemed competitively sensitive information (not by me).
     
  15. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
    updated for September
     
  16. Ag47

    Ag47 Active Member Silver Stacker

    Joined:
    Apr 10, 2011
    Messages:
    243
    Likes Received:
    92
    Trophy Points:
    28
    Location:
    Sydney
    Wow, double for gold and nearly fourfold increase for silver
     
  17. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
    Updated for October. Looks like September was a hump likely driven by new releases such as Lunar, Kookaburra and Kangaroo coins - however looking at the GSR sales trend, gold sales as a percentage of volume are on a continuing increasing trend.

    I note that the mint has started putting similar graphs on their blog :p
     
  18. Willow

    Willow New Member

    Joined:
    Nov 28, 2010
    Messages:
    474
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Sydney
    can you get this to auto update from their site GP?
     
  19. goldpelican

    goldpelican Administrator Staff Member

    Joined:
    Jun 29, 2009
    Messages:
    17,648
    Likes Received:
    580
    Trophy Points:
    113
    Wow, afternoon project - didn't realise it had been so long.
     
  20. Alfred

    Alfred New Member

    Joined:
    Feb 24, 2013
    Messages:
    2
    Likes Received:
    0
    Trophy Points:
    0
    Location:
    Australia
    Can someone tell me where is a good place in Melbourne to get Perth Mint Kangaroos (for example) for a smaller premium than those on the Mint's webpages?

    http://www.perthmint.com.au/metalPrices.aspx
     

Share This Page