Is Perth Mint safe?

With more than 120 years of precious metal minting experience and the world’s only government guarantee of weight and purity for our gold, silver and platinum coins and bars, we are trusted by investors around the globe. In addition, our location in Western Australia is considered geopolitically safe.

What does the Perth Mint do?

About The Perth Mint We are Australia’s largest fully integrated, innovative precious metals enterprise, providing premium gold, silver and platinum products and services to markets throughout the world.

Can you buy gold directly from the Perth Mint?

Invest in gold and silver at The Perth Mint The Perth Mint’s suite of investment products means you can buy gold and silver when and how you want to.

What do you mean by bullion?

Bullion refers to physical gold and silver of high purity that is often kept in the form of bars, ingots, or coins. Bullion can sometimes be considered legal tender, and is often held as reserves by central banks or held by institutional investors.

Is Perth Mint government owned?

Owned by the Government of Western Australian and run by Gold Corporation, The Perth Mint operates under a guarantee enshrined in the Gold Corporation Act 1987.

Do banks sell bullion?

Some U.S. banks do sell gold bars and coins as well as silver coins, but the vast majority of U.S. banks do not make gold or silver available to the public. Banks usually avoid selling precious metals because of their price fluctuations.

Can gold be purchased anonymously?

Be Compliant with All Laws When Buying Gold If you buy a few coins per year, you can buy them privately. This is a definite positive. When you buy small denominations, you can buy anonymously – you don’t have to identify yourself or disclose any personal information. And it is fully legal.

Why are gold bars more expensive than gold?

It all boils down to production costs. Gold coins can be more expensive to produce than gold bars due to their intricate design, emphasis on condition and appearance, and thus greater labor and machining costs. Plus, the price of a gold bar is primarily based on its weight.