Perth Mint & postal charges

G

goldpanner

New Member
Hi

I was thinking of buying some silver bullion from the Perth Mint and asked about the postal charges - they told me $17.50 a kg for air express and 1.1% insurance.
I worked it out and it adds $10 to each 10 oz bar - no matter what quantity you purchase! Would this be correct? You would think that over a certain quantity there would be a reduction or even free post ? I am too far away to walk in and purchase over the counter.
 
Are you sure it's per kg?

I thought it was standard $17.5 AAE shipping up until a certain amount and that insurance is optional?
 
They told me a month ago that there was a 3 month wait for any bullion bars so make sure you are NOT going to pay and wait which they said I could do and wait and wait and wait. If you are looking for PM 1kgs or 20oz I can do a few at PM retail prices and Platinum Post is only $16 for 3 KG.
PM me if interested.
Typhoon
 
I phoned them again and it is 17.50 per kg but insurance is optional. I asked how many 10 oz bars would fit in a one kg bag and she said only 2 x 10 oz bars so there is a lot of packaging, probably not so bad for a larger amount.. I asked time for delivery and she said July.
 
Sorry - message got up twice by accident - I am on satellite broadband and having trouble with getting on the internet today.
 
goldpanner said:
Hi

I was thinking of buying some silver bullion from the Perth Mint and asked about the postal charges - they told me $17.50 a kg for air express and 1.1% insurance.
I worked it out and it adds $10 to each 10 oz bar - no matter what quantity you purchase! Would this be correct? You would think that over a certain quantity there would be a reduction or even free post ? I am too far away to walk in and purchase over the counter.
Click to expand...

That's why i've never bought from them and never will ...
 
goldpanner said:
Hi

I was thinking of buying some silver bullion from the Perth Mint and asked about the postal charges - they told me $17.50 a kg for air express and 1.1% insurance.
Click to expand...

This, along with the fact they changed their policy to not accept direct deposits, is why I never bought from them too.
 
They are hard to deal with....Call up, make an order, they sent a contract, you have sign it and email it back within 1hr. I don't have a scanner so it means going to post office and using the fax. Then making payment and on top of that massive waiting times!

I have just registered for their online orders which cuts out most of the process. The problem is that because they have no stock with bars when I went to make an order it said to phone them to make a back order! Crazyness!!! Only a govt backed business could operate like this :)
 
BBQ said:
This, along with the fact they changed their policy to not accept direct deposits, is why I never bought from them too.
Click to expand...

My last order for the Perth Mint (last week) I paid via direct deposit, and the order before that? Unless the changed the policy in the past few days??
 
hungry_jono said:
BBQ said:
This, along with the fact they changed their policy to not accept direct deposits, is why I never bought from them too.
Click to expand...

My last order for the Perth Mint (last week) I paid via direct deposit, and the order before that? Unless the changed the policy in the past few days??
Click to expand...

All of mine I have payed by the same method.
 
hungry_jono said:
My last order for the Perth Mint (last week) I paid via direct deposit, and the order before that? Unless the changed the policy in the past few days??
Click to expand...

When they brought online their bullion store (last year), a credit card was required to register yourself on the form and to purchase. If no credit card, no ability to register to make purchase.

I don't use credit cards so I was excluded from registering this way.

Before this I was told direct deposits were possible.
 
Seems from all the feedback that a lot of people are not happy with the way The Perth Mint does business.

Could the complicated procedures to buy bullion be a legacy from that great gold robbery of 1982 - The Perth Mint Swindle? What an incredible story and it has never been solved.

Something like that could only happen in WA!
 
goldpanner said:
Could the complicated procedures to buy bullion be a legacy from that great gold robbery of 1982 - The Perth Mint Swindle? What an incredible story and it has never been solved.
Click to expand...

Short answer: yes.
 
bron suchecki said:
goldpanner said:
Could the complicated procedures to buy bullion be a legacy from that great gold robbery of 1982 - The Perth Mint Swindle? What an incredible story and it has never been solved.
Click to expand...

Short answer: yes.
Click to expand...

Wow just wikipedia'd that...pretty epic story!

Also reminded me of something called.... cheques.. a relic of the past ;)
 
fishball said:
bron suchecki said:
goldpanner said:
Could the complicated procedures to buy bullion be a legacy from that great gold robbery of 1982 - The Perth Mint Swindle? What an incredible story and it has never been solved.
Click to expand...

Short answer: yes.
Click to expand...

Wow just wikipedia'd that...pretty epic story!

Also reminded me of something called.... cheques.. a relic of the past ;)
Click to expand...

How are cheques a relic of the past? Someone pulled virtually the same scam about 4 months ago.
 
Big A.D I've written like 2 cheques my entire life and the last one was 5 years+ ago so they're a relic of the past for me ;)

Maybe not relics of the past for the general populace I guess.

Reminds me of that movie with that dude pulling off good scams by social engineering and it had something to do with Pan Am..hmmm.
 
Heh, same here. I can't remember the last time I wrote out a cheque but they're still used at lot in some backwards countries (*ahem* the U.S.)

The UK is officially going to phase them out in 2018.
 
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