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I have asked a couple of bullion dealers in the past about GST because they are quick to tell you it is chargeable on sovs. There is confusion as this extract from a thread from Goldpelican on 2010-07-08 shows: Thought it was time this was made a sticky for once and for all. This post does not...

Yep no GST because they are still currency. You can pick them up sometimes on this forum but thy are hot.

Yeah nerve racking dealing with that mob. Bullion coins includes any coin that trades for its content at spot plus the trading premium. So that includes junk 50s, pre decimal, sovereigns that aren't collectible, and the latest kooks, eagles etc. Some stackers value limited runs of bullion coins...

50's are traded for silver value by the kg so are called junk bullion. That is unless you have individual valuable uncirculated coins that trade at a premium to their silver content, they would be regarded as collectible. Otherwise they are bullion.

Won't need insurance if they are bullion coins.

I might do a bit more research to find out the legal position. 1. Is it legal to store PMs offshore under the super laws (I know you can't buy real estate overseas) 2. Issues with posting or taking as baggage PMs overseas. 3. Issues with landing in another jurisdiction with PMs. If (when)...

As a fund trustee I am responsible for the safekeeping of my fund assets. Australian banking legislation (if activated in financial crisis) would put my PM assets at risk of confiscation, a risk I am obliged to mitigate by superannuation law. Can anyone think of anything that is stopping me from...