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  • » Perth Mint 1oz Cast Blobs - Why no AU mark?

#1 2017-01-26 17:39:38

excalibur
Silver Stacker
From: Australia
Registered: 2013-06-24
Posts: 388
Trades :   68 

Perth Mint 1oz Cast Blobs - Why no AU mark?

Just out of curiosity, why aren"t these bars stamped "gold" or "AU"?
They just have "1oz 9999 Fine".
Link to Perth Mint product:
http://www.perthmintbullion.com/au/Buy- … oductId=18


"Never get so busy making a living ... that you forget to make a life"

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#2 2017-01-26 18:23:15

Soprano16
Member
From: Melbourne
Registered: 2016-12-28
Posts: 236
Trades :   26 

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

They have Pert Mint and the logo as well as "WA"

I would have thought that is enough?

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#3 2017-01-26 18:39:48

ozcopper
Administrator
From: Australia
Registered: 2009-07-16
Posts: 14,061
Website

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

I agree, prefer them saying gold on them. Still won't stop me stacking them.


I will be away from the forum from Sunday 9th - Saturday 15th April.

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#4 2017-01-26 18:52:29

Altima
Silver Stacker
From: Canada/Singapore
Registered: 2013-02-07
Posts: 4,122
Trades :   64 

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

Maybe it's not gold? tongue


"Two things define you. Your patience when you have nothing, and your attitude when you have everything."
WTS: 2oz .999 Fine Silver Destiny Series Coins (First in Series)

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#5 2017-01-26 19:39:59

excalibur
Silver Stacker
From: Australia
Registered: 2013-06-24
Posts: 388
Trades :   68 

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

Soprano16 wrote:

They have Pert Mint and the logo as well as "WA"

I would have thought that is enough?

If you are in the know ...


"Never get so busy making a living ... that you forget to make a life"

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#6 2017-01-26 21:11:12

Holdfast
Member
From: Australia
Registered: 2009-10-15
Posts: 8,292
Trades :   

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

Why aren"t these bars stamped?

It's an over-sight by The Perth Mint; if they had to change the "Stamping" they'd have to go through a mountain of paper-work, (LBMA) both hard copy and electronically to alter / add the words "Gold" or "Silver".

Do you think the management would do that? roll smile

Perhaps when the silver bullion bars go 9999 (Four Nines) they may take the initiative to include "Silver". There's no hope for the "Gold". sad

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#7 2017-01-26 23:03:19

GoldenEye
Silver Stacker
From: Melbourne, Australia
Registered: 2014-12-30
Posts: 592
Trades :   33 

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

I would have thought the LBMA regulations would require the bar to be stamped with the "Ag" or "Gold".

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#8 2017-01-26 23:32:52

ozcopper
Administrator
From: Australia
Registered: 2009-07-16
Posts: 14,061
Website

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

GoldenEye wrote:

I would have thought the LBMA regulations would require the bar to be stamped with the "Ag" or "Gold".

I thought it would have been a GST (free) requirement!


I will be away from the forum from Sunday 9th - Saturday 15th April.

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#9 2017-01-26 23:53:52

GoldenEye
Silver Stacker
From: Melbourne, Australia
Registered: 2014-12-30
Posts: 592
Trades :   33 

Re: Perth Mint 1oz Cast Blobs - Why no AU mark?

I've got a 1kg Perth mint gold coin that says it's gold, but it's actually plastic. So how can we be certain it's not 1oz of silver, with gold plating? I reckon they've made a mistake.

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