Bullion comes in two basic types Certified and Uncertified.
Certified bullion is easily recognised throughout the world and is traded without question. For example, Perth mint products and PAMP Suisse products are Certified.
Uncertified bullion is bullion made by private mints within Australia and whilst recognised amongst the trade in Australia it may not be recognised overseas.
There are two ways to buy bullion:
1. Visit our buying and trading office located at Suite 423-38 Gawler place, Adelaide and pay over the counter with cash.
2. Transfer funds via bank transfer into SA Gold Traders business account, you then contact us by phone or email letting us know that you have wired funds, once the funds have cleared we will contact you and place the order that day. Any left over funds will be credited back to your account.
The Australian Taxation Office classes Bullion of 99.5% pure and above as investment grade and therefore has no GST.
To put it simply, they make money and commissions from stocks and bonds and exchange traded funds it’s therefore not in there best interest to tell you.
Minted Bullion is pressed from sheet and stamped with a die similar to making a coin. They are usually of a very high standard and usually command a slightly higher price.
Cast bars are poured into a mould after the bars have cooled they are stamped and depending on the maker individually serial numbered.
SA Gold Traders will go out of our way to help you source the bullion for your exact needs. As a general rule larger bars are cheaper to buy because of their lower production costs, however if your view is to use your investment as a transactional basis (say during a financial collapse) then having some smaller ingots would be a wise move.
With this in mind you could spread your investment with large and small bars.
Depending on stock levels you can walk away with bullion on the day you visit us. If the certain bullion you are after is out of stock you can pre order by paying for the bullion on the day at a locked in price. When it arrives we will contact you to arrange pick up from our trading office. Please contact us for availability.
SA Gold Traders have been apart of the precious metal industry since 1988 and deal with some of Australia’s leading precious metal vaults.
SA Gold Traders are authorised Perth Mint Distributors, because we passed the rigorous selection process. You can trust the Perth Mint Logo on display.
Yes Self Managed Super funds (SMSF) are able to purchase Bullion.
The process is the same as a private purchase except the invoice is made out to the superfund. You may be required to take out extra insurance to cover your purchase. Check with your insurance company and Trustee.
Contact Adelaide gold buyers, SA Gold Traders, if you need further clarification on anything.