From my understanding they only need to record transactions over 5k for anti money laundering laws but I don't live in Perth so I cannot answer the question unequivocally
Perth Mint - Silver Bars Unavailable
- Thread starter SliderC
- Start date
Na, you were correct the first time ron.
At the moment, for a 1 kilogram bar from Perth to the East coast of Australia is $35 + $10.22 optional insurance
In addition for those folk who have not purchased before:
*Perth do not deliver to post office boxes.
*There is no return of bullion to Perth.
*You get what you are given.
*Delivery is taking up to 8 days from Perth to the East coast.
For 1 kilo yeah. But thats the 1 x (17.50) charge for bar itself + 1 x (17.50) for the 200g of packaging materials.
So the best value for money per se would be buying 4 x 1Kg bars as you would be paying for 4.8Kg dead weight.
I'm sure theres a higher cut off as i doubt they use 4 x 200g packages, they would use one box obviously, but untill either I or someone else orders 5 or 6 KG we will not know for sure
Well, here's some figures for those blokes who were asking. 
1Kg Perth Mint Silver Bar Price at 15:00hrs 08 July 2020 = $893.90
Delivery
1kg Perth Mint Silver Bar = $35 + $10.22 (optional insurance) = $45.22
2kg Perth Mint Silver Bar = $52.50 + $20.25 (optional insurance) = $72.75
3kg Perth Mint Silver Bar = $70 + 30.28 (optional insurance) = $100.28
4kg Perth Mint Silver Bar = $87.50 + $40.31 (optional insurance) = $127.81
5kg Perth Mint Silver Bar = $105 + $50.32 (optional insurance) = $155.32
Same goes for the Kilo coins, that's why new stackers get a shock when they see the price of some of the sales threads.
(They look at the retail price but forget the "real" cost)
To buy a lunar kilo coin atm costs, $951 + $35 + $10 = $996
1Kg Perth Mint Silver Bar Price at 15:00hrs 08 July 2020 = $893.90
Delivery
1kg Perth Mint Silver Bar = $35 + $10.22 (optional insurance) = $45.22
2kg Perth Mint Silver Bar = $52.50 + $20.25 (optional insurance) = $72.75
3kg Perth Mint Silver Bar = $70 + 30.28 (optional insurance) = $100.28
4kg Perth Mint Silver Bar = $87.50 + $40.31 (optional insurance) = $127.81
5kg Perth Mint Silver Bar = $105 + $50.32 (optional insurance) = $155.32
Same goes for the Kilo coins, that's why new stackers get a shock when they see the price of some of the sales threads.
(They look at the retail price but forget the "real" cost)
To buy a lunar kilo coin atm costs, $951 + $35 + $10 = $996
Well, here's some figures for those blokes who were asking.
1Kg Perth Mint Silver Bar Price at 15:00hrs 08 July 2020 = $893.90
Delivery
1kg Perth Mint Silver Bar = $35 + $10.22 (optional insurance) = $45.22
2kg Perth Mint Silver Bar = $52.50 + $20.25 (optional insurance) = $72.75
3kg Perth Mint Silver Bar = $70 + 30.28 (optional insurance) = $100.28
4kg Perth Mint Silver Bar = $87.50 + $40.31 (optional insurance) = $127.81
5kg Perth Mint Silver Bar = $105 + $50.32 (optional insurance) = $155.32
Same goes for the Kilo coins, that's why new stackers get a shock when they see the price of some of the sales threads.
(They look at the retail price but forget the "real" cost)
To buy a lunar kilo coin atm costs, $951 + $35 + $10 = $996
Ainslie just announced a hike in shipping but still sounds cheap compared to PM...
---
Can regular customers please note too that we have, after 6 years, today put our freight charges up as we can no longer wear the price increases from the carriers and also the cost of insurance has jumped as well. We are also employing a new calculation method which is as follows:
Gold & Platinum - $15 base charge plus 0.6% insurance on value
Silver - $8/kg base charge plus 0.6% insurance on value but not less than $17.
We also pass on the $10 extra we get charged for deliveries to PO Boxes.
We trust you understand we have held strong for an extraordinary amount of time and we have benchmarked our new rates to ensure we remain competitive with others too.
Ainslie just announced a hike in shipping but still sounds cheap compared to PM...
---
Can regular customers please note too that we have, after 6 years, today put our freight charges up as we can no longer wear the price increases from the carriers and also the cost of insurance has jumped as well. We are also employing a new calculation method which is as follows:
Gold & Platinum - $15 base charge plus 0.6% insurance on value
Silver - $8/kg base charge plus 0.6% insurance on value but not less than $17.
We also pass on the $10 extra we get charged for deliveries to PO Boxes.
We trust you understand we have held strong for an extraordinary amount of time and we have benchmarked our new rates to ensure we remain competitive with others too.
It does seem a lot to us because they are restricted to using couriers and freight companies as they ship bullion. Australia Post technically doesn't condone the shipping bullion
SilverDJ
Well-Known Member
Well, here's some figures for those blokes who were asking.
1Kg Perth Mint Silver Bar Price at 15:00hrs 08 July 2020 = $893.90
Delivery
1kg Perth Mint Silver Bar = $35 + $10.22 (optional insurance) = $45.22
2kg Perth Mint Silver Bar = $52.50 + $20.25 (optional insurance) = $72.75
3kg Perth Mint Silver Bar = $70 + 30.28 (optional insurance) = $100.28
4kg Perth Mint Silver Bar = $87.50 + $40.31 (optional insurance) = $127.81
5kg Perth Mint Silver Bar = $105 + $50.32 (optional insurance) = $155.32
Same goes for the Kilo coins, that's why new stackers get a shock when they see the price of some of the sales threads.
Australia post 5kg max Small satchel $9
Guys, Perth have deleted a few coins on the bullion site today.
Deleted lines are:
Silver
2oz Kookaburra Mother and Baby
2oz Welcome Stranger
1oz Brumby
1oz Pixiu
1oz Mouse and dragon privy
Not sure if this is temporary but it's maybe a signal that the coins have been sold-out and they are getting ready for the launch of the Ox.
Note, today, more than 33 2oz Welcome Stranger coins were available this morning but went very quick.
Deleted lines are:
Silver
2oz Kookaburra Mother and Baby
2oz Welcome Stranger
1oz Brumby
1oz Pixiu
1oz Mouse and dragon privy
Not sure if this is temporary but it's maybe a signal that the coins have been sold-out and they are getting ready for the launch of the Ox.
Note, today, more than 33 2oz Welcome Stranger coins were available this morning but went very quick.
Killerbala
Active Member
They have cleaned up the gold line up as well, both the double dragons gone.
And that is with what, maybe less than 1% of the population being active precious metal buyers?
Imagine what will happen when 5% or more of the sheeple suddenly awaken and start competing for whatever silver is available.
It will make the late 70s silver mania pale into insignificance.
Agreed. We already have deficits between global supply and demand most years. You don't even need to have an overall silver shortage to achieve a shortage in investment grade Bullion. The production capacity of the mints and refineries creates a bottleneck. There's little incentive to build new facilities or expand existing production lines unless demand is expected to be constant for the foreseeable future. The average demand for investment grade Bullion is approx. 200MOz's globally. Yet that number is very deceiving when assessing overall investment demand, as it only indicates newly minted coins, bars and rounds for that year and doesn't account for old coins, bars and rounds that are sold from previous years and recirculate back into the private market.
Regardless, it would be interesting to know how much of that silver is melted down and becomes a "scrap metal refining" statistic.
If investment demand increases beyond what it is today, we could very well see a greater divergence from the spot price in the form of widening premiums. It's an exciting time to be holding Silver, and an equally exciting time to be a part of this community.
Just a note on the 1oz silver coins.
The Kookaburras and Koalas at Perth are the same price.
As many of you know (not trying to tell you guys to suck eggs) the mintage of the Kookaburra
use to be 300,000 and then was increased to 500,000; the Koala use to be Mint To Order with an unlimited mintage
but it's now a limited mintage of 300,000 coins.
Kookaburra mintage details: https://www.perthmint.com/documents...ra Silver Bullion Coin Series 1990 - 2020.pdf
Koala mintage details: https://www.perthmint.com/documents...la Silver Bullion Coin Series 2007 - 2019.pdf
There may be a reason why the Kookaburra and Koala are being sold at the same price!
I've got a feeling the Koala is getting close to being sold-out and probably the Kook as well.
The Kookaburras and Koalas at Perth are the same price.
As many of you know (not trying to tell you guys to suck eggs) the mintage of the Kookaburra
use to be 300,000 and then was increased to 500,000; the Koala use to be Mint To Order with an unlimited mintage
but it's now a limited mintage of 300,000 coins.
Kookaburra mintage details: https://www.perthmint.com/documents...ra Silver Bullion Coin Series 1990 - 2020.pdf
Koala mintage details: https://www.perthmint.com/documents...la Silver Bullion Coin Series 2007 - 2019.pdf
There may be a reason why the Kookaburra and Koala are being sold at the same price!
I've got a feeling the Koala is getting close to being sold-out and probably the Kook as well.
SilverNGold
Well-Known Member
Geez....be careful you don't push the price too high.....
Just joshing
Happy stacking!
Just joshing
Happy stacking!