Frequently Asked Questions

Who is The Perth Mint?

The Perth Mint is a division of Gold Corporation, wholly owned by the Western Australia Government. Originally opened in 1899, The Perth Mint was established to turn the gold from the Western Australian gold rush into sovereigns for the British Empire. Through its legal tender Bullion Coins, The Perth Mint has established a formidable reputation as a leader in international precious metal investment.

Why should I store my gold in Perth?

Perth is situated on the west coast of Australia, one of the most politically and economically stable of the continents. As a result, The Perth Mint offers one of the most secure locations for hard asset storage world-wide. Additionally, Western Australia is a major source of gold, producing 240 tonnes annually, about 10 percent of world mine output. The Perth Mint, through its joint venture with Golden West, refines the majority of this mine output.

How do I purchase a Perth Mint Certificate?

The Perth Mint Certificate is made available to individual investors through Approved Dealers, much like the purchase of physical precious metals for delivery.

How difficult is the Perth Mint Certificate to liquidate?

The Perth Mint Certificate is extremely easy to liquidate. The owner can simply sell the Certificate back to an Approved Dealer. Alternatively, the owner can take physical delivery at the Perth Mint or arrange for physical delivery at a variety of locations world-wide.

What if I only wish to surrender a portion of the precious metals on the Certificate?

You can surrender any portion of the Certificate, as long as you continue to meet the account minimum, and a new Certificate will be issued for the remainder of your precious metals.

What are the fees associated with the purchase of a Perth Mint Certificate?

In addition to the purchase of the precious metals and payment of fabrication charges, there is a U.S. $50.00 certificate fee regardless of the size of the certificate. The only other fee is the Approved Dealers commission.

What if I lose my Perth Mint Certificate, or it gets destroyed?

Certificates are replaced by filing a Lost Certificate Declaration Form and paying a re-issuance fee.

Are there any taxes associated with holding precious metals or with taking delivery of precious metals in Australia?

There are no Australian taxes or duties on the import, export or domestic purchase and sale of high purity precious metal bars or bullion coins. No Australian tax is generally payable by an international client on his/her deposit. You should consult your taxation advisor for specific taxation advice in your jurisdiction.

Return to the main Perth page.