what happened to Perth Bullion's silver and gold etc?

Discussion in 'Silver' started by toorak13, Dec 12, 2019.

  1. toorak13

    toorak13 Member

    Joined:
    Oct 15, 2013
    Messages:
    186
    Likes Received:
    7
    Trophy Points:
    18
    Location:
    Australia
    did the government took it all ?
    or the liquidator sold them all at spot ?
    or was there no stock left?

    just wondering
     
  2. 66rounds

    66rounds Well-Known Member Silver Stacker

    Joined:
    Jun 22, 2019
    Messages:
    1,188
    Likes Received:
    1,105
    Trophy Points:
    113
    Location:
    Melbourne
    liquidator is currently auctioning off stock online, believe there was a link to a greys auction somewhere on this forum
     
  3. mongrelmaple

    mongrelmaple Well-Known Member Silver Stacker

    Joined:
    May 19, 2018
    Messages:
    372
    Likes Received:
    362
    Trophy Points:
    63
    Location:
    Brisbane
    Only the numismatic, “less desirable” bullion that the creditors aren’t interested in, is what’s available to the public

    I made a couple of enquiries regarding if any non-numismatic bullion would be available to purchase if it wasn’t claimed/excess supply. Was told by the creditors that all bullion in that catergory is being withheld from sale to the public in order to meet outstanding debts from PBC. Shame, because I really would’ve been all over that like a fat kid at a candy shop :D
     
    66rounds likes this.
  4. SteelHand

    SteelHand Active Member Silver Stacker

    Joined:
    Aug 26, 2019
    Messages:
    223
    Likes Received:
    172
    Trophy Points:
    43
    Location:
    Perth, WA
    Yeah, the crap Greys was auctioning off was at retail prices + 22% buyers premium
     
    66rounds likes this.
  5. dollars

    dollars Member Silver Stacker

    Joined:
    Aug 31, 2010
    Messages:
    723
    Likes Received:
    23
    Trophy Points:
    18
    Location:
    Silver Stackers
    Interesting to see if this sold . Any creditors involved could ask at the next creditors meeting.
    I personally doubt that much of the stock was actually sold at The auctions!
     
    Last edited: Dec 14, 2019
  6. toorak13

    toorak13 Member

    Joined:
    Oct 15, 2013
    Messages:
    186
    Likes Received:
    7
    Trophy Points:
    18
    Location:
    Australia
    what happened to all the bullions?
     
  7. toorak13

    toorak13 Member

    Joined:
    Oct 15, 2013
    Messages:
    186
    Likes Received:
    7
    Trophy Points:
    18
    Location:
    Australia
    "creditors that all bullion in that catergory is being withheld from sale to the public in order to meet outstanding debts from PBC"

    so the creditors do NOT want to cash in....... ?
     

Share This Page