What size Gold Bars are in most SMSF

Discussion in 'Gold' started by Kawa, Jul 14, 2012.

  1. Kawa

    Kawa New Member

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    Keen to understand the size of Gold Bar that most here have in their SMSF and what % it would be of total SMSF funds?
     
    Kawa, Jul 14, 2012
    #1
  2. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    10 oz are quite popular.
     
    Captain Kookaburra, Jul 14, 2012
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  3. rbaggio

    rbaggio Active Member Silver Stacker

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    Some have 1oz PM certicards, and approx 25% of SMSF worth.
     
    rbaggio, Jul 14, 2012
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  4. wrcmad

    wrcmad Well-Known Member Silver Stacker

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    25% dollar value gold.
     
    wrcmad, Jul 14, 2012
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  5. Kawa

    Kawa New Member

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    Any bar you would recommend Captain?
     
    Kawa, Jul 14, 2012
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  6. Captain Kookaburra

    Captain Kookaburra Well-Known Member Silver Stacker

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    10oz Perth Mint cast or 1oz or 100gram Certicards
     
    Captain Kookaburra, Jul 14, 2012
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  7. Kawa

    Kawa New Member

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    Thankyou.
     
    Kawa, Jul 14, 2012
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  8. goldpelican

    goldpelican Administrator Staff Member

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    Had a stack of 100gm Certicards the other day (destined for super funds), they make a nice gold block when you stack them together. Chunky.

    Concur with the 10oz cast bar - best seller for super funds we see, followed by 1oz Certicards. Have also sold 1kg and 50oz bars into them.

    Personally I use unallocated, but I'm slightly biased in that regard.
     
    goldpelican, Jul 14, 2012
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  9. Kawa

    Kawa New Member

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    GP...who makes the 1 Kg Bars?
     
    Kawa, Jul 14, 2012
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  10. goldpelican

    goldpelican Administrator Staff Member

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    Mix of Perth Mint and another.

    PM kilo bars are a pain in the butt to get - Wholesale doesn't carry them normally, they are a special order item to get, and because of the value, either need to be shipped uninsured with a waiver (putting a loss risk onto the dealer) or via armoured carrier which adds ~$480 to the cost. Looks like we've lined up a cheaper alternative that's in the works for people looking to source them, but nothing to announce just yet.
     
    goldpelican, Jul 14, 2012
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  11. nonrecourse

    nonrecourse Well-Known Member

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    We are aiming for 5% in bullion. I like 1,2,5 and 10 ounce cast waffers

    Kind Regard
    non recourse
     
    nonrecourse, Jul 14, 2012
    #11

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