Shipping to Oz

Silver91

Member
I'm still learning about this and I thought this may be helpful to others as well. I thought we could come up with a collective list of Dealers, where they are based, what they specialise in, how to register being in Australia (eg. Perth Mint needs 2 days and you need to send them ID proof etc.) and their shipping charges to Australia.

I have never bought from APMEX or Provident or the Mexican or British mint for fear that shipping would be to expensive to Oz. However, I'd be curious to know people's purchasing experiences and shipping figures if they have any.

Cheers
 
I have only ever joined in on the group buys, that way the cost of postage to Australia is shared.

You still end up paying the cost within Australia and that is never cheap.

I have bought from Silber.de in Germany in 2012, at the time I had to do an international bank transfer and all the documentation was in German, not sure if that has changed but it was a bit of a hassle. Most problematic was getting all the required details for the bank transfer as I didn't want the money dissapearing into the wrong bank account. It would probably be easier to do it again but I have never needed to.

All in all it was not that difficult and it wasn't too expensive postage wise either. I will see if I can find the paperwork.
 
I sent a few coins express to Australia $54 US but believe the most inexpensive rate was $17 US with a delivery time of 10-20 days. If you aren't in a big hurry, not too bad for shipping
 
If you are buying from overseas then shipping charges vary depending on the bulk and weight of the item, how it is packed and what service you choose if there is a choice. Best bet I have found is to wait until you want quite a few items, or organise a group buy (even just splitting the postage with one other will save you a lot). Next short list a few places via internet searches that cover what you want AND ship to Australia then do a dummy run on their system to work out how much the postage is.

Don't forget that if you are buying from a country that imposes VAT or a similar tax on bullion you may well be able to get that amount taken off the price. This should happen once you have registered on the companies website and put in your Australian shipping address. If it doesn't happen automatically you might want to contact the company BEFORE placing your order.

Now the next problem is paying them. Do they take Pay Pal or require a money transfer? Either way you will probably have to cover the fees and if it is a money transfer you might want to head off to oz forex and start up an account (actually better if you do this BEFORE locking in your order!) Oz forex transfer from an account in the country you are sending the money to in most cases. This cuts out the recipients fees from having money transferred from an out of country bank. They also have rates that get better the more you transfer. Next you will need to get the full banking details of the place you are buying from, lock in the payment and then transfer the money to oz forex and on to the seller, or just wear the extra cost of Pay Pal if they take it.

So did you order over $1000 (cannot remember if this is with or without shipping charges added in)? If so ....... now comes customs!!

Yep if you have over $1000 AUD declared on the package then good old "poor people don't have cars" Hockey will want his bit UNLESS you are ready for him that is. Now if you are over the GST limit ($1000 AUD) two things might happen. Firstly if your item is traveling via Fedex, DSL or a similar company then they may just phone you up and ask you to tell them what is in the package and possibly send them documentation to prove this. What you need is an invoice from the seller showing that your items are 99.99 pure gold or silver in investment form (bars or bullion coins but not jewellery or numismatic coins). Again best if you have this organised well before your items hit Australia.

If the items are not coming by one of the bigger shippers then you will probably get a note in the mail or an email saying you have so many days to either pay the 10% or fill in a form "import declaration (N10) - Post". This will cost you around $52 to lodge, or you could use a broker who will still need your invoice and will charge you a bit more. Oh and don't do this in the month or so around Christmas as the delays can be quite long.

So after working out the cost of the coins including crappy exchange rates, bank fees/Pay Pal fees, shipping and customs charges and GST (numismatics) you will probably decide it is both less hassle and cheaper to go to the forum and put up a "Want to Buy" thread or head over to Perth Bullion or Gold Stackers and buy the items there!

P.S. If things do go pear shaped it can also be quite "painful" and sometimes even "impossible" to sort things out from half a world away.

Cheers.

Danny
 
danman49 said:
Don't forget that if you are buying from a country that imposes VAT or a similar tax on bullion you may well be able to get that amount taken off the price. This should happen once you have registered on the companies website and put in your Australian shipping address. If it doesn't happen automatically you might want to contact the company BEFORE placing your order.
What are the legal obligations of a seller (assuming VAT registered company) in his country, when exporting?
If such a foreign customer has to call in order to have the sellers countries domestic VAT NOT applied, doesn't that imply an ambiguity?
Suppose the customer doesn't call, and the company applies the VAT, so it appears on the invoice, then the company has to pay the VAT to its domestic government.
If not, then the domestic government receives nothing.
A difference, purely based whether or not a customer calls for no VAT.
I'm not sure about the legal side of the story here heh.
 
hey danny,

so if as per below and we do get an invoice showing 99.99 pure gold / silver, would we be exempt from paying GST?
moreover, is it a combined package of $1000 even if there are multiple items less than $1000?


"What you need is an invoice from the seller showing that your items are 99.99 pure gold or silver in investment form (bars or bullion coins but not jewellery or numismatic coins). Again best if you have this organised well before your items hit Australia."
 
Hi Silver91,

the exemption is not automatic, you have to apply for it and customs then decides if you qualify or not. http://www.customs.gov.au/site/page5350.asp#e946 is the relevant exemption and you ask for an exemption under section 40-100 - precious metals. Exemption code LPM on your form BK374. At least that was what was current around October last year.

It is the total value of the package and if you split an order from the same company so that you have multiple orders under $1000 customs can decide to treat them as one order, if they catch on that is (not to mention it increases your postage).

Hi Pirocco,

thanks for the input but as a buyer I am not really worried about the legal side of the story or who gets the tax. I am only worried about not paying it :) So I was pointing out that in some countries you can get the VAT, GST or similar taxes removed from your purchase price and that in most cases this will be done automatically on the website when you put in your Australian shipping address. If this does not happen it may just be the website is not set up to cover overseas buyers and you may be able to fix the problem with a quick email before ordering. But if you order and then try to fix the problem you may find out that company does not refund the tax. Whether it is a legal reason is of no real consequence as to get the goods you will have to send them the money they ask for.
 
just got this from apmex

Good Morning,

Thank you for your inquiry. Yes, APMEX does ship to Australia. Minimum for an international order to Australia is $1500. Shipping costs to Australia are $49.95 USD plus an additional $0.25 USD per troy ounce weight surcharge. Currently, all of our shipments are shipped FedEx International Economy or UPS Worldwide Expedited and must be shipped to a physical address. We do not accept orders from international customers using freight forwarding services such as Vpost addresses. Please click the link below and select Australia for further details.

http://www.apmex.com/international

Please feel free to contact us if you have any further questions or concerns.

Thank you and have a great day.
 
Back
Top