Silver Stackers logo

Silver Stackers

Discussion forum for those
who love to stack precious metals

You are not logged in.

Announcement

Forum registration is closed. It will open again next Wednesday.

#1 2012-09-18 01:57:33

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Perth Mint Monthly Sales

October 2012 (needs updating)

5_pmgoldoct12.png5_pmsilveroct12.png5_pmgsroct12.png

  • Gold (Au):     54,242.76oz

  • Silver (Ag):    457,700.76oz

Source: http://www.perthmintbullion.com/Blog/au/Blog.aspx

Last edited by goldpelican (2012-11-15 19:44:32)


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

The following 7 users say thank you for this post: Bullion Baron, Eureka Moments, perthsilver, Dogmatix, bullionfrog, rbaggio, aleks

#2 2012-09-18 02:09:09

sammysilver
Silver Stacker
From: Sydney
Registered: 2011-04-07
Posts: 5,463
Trades :   189 
Website

Re: Perth Mint Monthly Sales

I crunched the numbers. Close to $1B per annum.


The price we pay for the good life is public servitude.

Offline

#3 2012-09-18 03:16:16

metalzzz
Member
From: Australia
Registered: 2011-09-03
Posts: 1,978

Re: Perth Mint Monthly Sales

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

Offline

The following 4 users say thank you for this post: bordsilver, boneyard, Holdfast, billybob888

#4 2012-09-18 03:18:20

Silvermate
Silver Stacker
From: Some Where Over There
Registered: 2012-05-08
Posts: 133
Trades :   39 

Re: Perth Mint Monthly Sales

metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

+1 smile

Offline

The following user says thank you for this post: billybob888

#5 2012-09-18 03:29:17

phynixbullion
Member
From: Melbourne , VIC
Registered: 2011-09-11
Posts: 306
Trades :   10 

Re: Perth Mint Monthly Sales

They are quite expensive

Offline

#6 2012-09-18 03:31:32

bordsilver
Silver Stacker
From: The rocks
Registered: 2012-05-23
Posts: 9,490
Trades :   36 

Re: Perth Mint Monthly Sales

metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

But are you still buying Perth Mint products (but just through other dealers)?


The only good tax is a repealed tax.

Offline

#7 2012-09-18 03:35:44

hiho
Silver Stacker
From: South Brisbane
Registered: 2011-04-04
Posts: 8,100
Trades :   270 

Re: Perth Mint Monthly Sales

metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

quite ironic though IF you're still buying their product?

Offline

#8 2012-09-18 04:10:06

metalzzz
Member
From: Australia
Registered: 2011-09-03
Posts: 1,978

Re: Perth Mint Monthly Sales

bordsilver wrote:
metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

But are you still buying Perth Mint products (but just through other dealers)?

Sometimes yes but 90% of the time no, because they are not the cheapest bullion by a long shot. Ugly bars, rounds and pre decimal is what I'm going for right now. But i can't stay away from all the perth mint coins though, that part is more of a hobby for me (collecting bullion coins)

Offline

#9 2012-09-18 05:44:38

grinners
Silver Stacker
From: Australia
Registered: 2011-03-19
Posts: 1,236

Re: Perth Mint Monthly Sales

So with GSR at 50 to 1, there is 5 times as much money going into PM gold than PM silver?

Offline

#10 2012-09-19 00:21:49

bron suchecki
Silver Stacker
From: Perth, Western Australia
Registered: 2009-07-09
Posts: 1,311
Website

Re: Perth Mint Monthly Sales

That sales GSR is just reflecting mintage limits I think. It would be a different story if Depository sales were included.


Disclosure: I work for the Perth Mint. What I say is done in a personal capacity and is not endorsed by the Mint.

Offline

#11 2012-09-19 00:24:39

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Re: Perth Mint Monthly Sales

Any reason Depository figures don't get released?


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

#12 2012-09-19 00:25:50

hiho
Silver Stacker
From: South Brisbane
Registered: 2011-04-04
Posts: 8,100
Trades :   270 

Re: Perth Mint Monthly Sales

grinners wrote:

So with GSR at 50 to 1, there is 5 times as much money going into PM gold than PM silver?

please explain?

Offline

#13 2012-09-20 20:18:16

grinners
Silver Stacker
From: Australia
Registered: 2011-03-19
Posts: 1,236

Re: Perth Mint Monthly Sales

hiho wrote:
grinners wrote:

So with GSR at 50 to 1, there is 5 times as much money going into PM gold than PM silver?

please explain?


10 times as many silver ounces sold as compared to gold.

A gold ounce is 50 times as expensive as silver.

Therefore 5 times as much money going into gold mintages than silver.

Offline

The following user says thank you for this post: dindu5585

#14 2012-09-20 22:39:39

bron suchecki
Silver Stacker
From: Perth, Western Australia
Registered: 2009-07-09
Posts: 1,311
Website

Re: Perth Mint Monthly Sales

goldpelican wrote:

Any reason Depository figures don't get released?

Deemed competitively sensitive information (not by me).


Disclosure: I work for the Perth Mint. What I say is done in a personal capacity and is not endorsed by the Mint.

Offline

The following 2 users say thank you for this post: boneyard, aleks

#15 2012-10-17 21:45:07

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Re: Perth Mint Monthly Sales

updated for September


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

The following user says thank you for this post: Bullion Baron

#16 2012-10-17 23:26:05

Ag47
Member
From: Sydney
Registered: 2011-04-10
Posts: 159
Trades :   51 

Re: Perth Mint Monthly Sales

Wow, double for gold and nearly fourfold increase for silver

Offline

#17 2012-11-15 19:46:06

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Re: Perth Mint Monthly Sales

Updated for October. Looks like September was a hump likely driven by new releases such as Lunar, Kookaburra and Kangaroo coins - however looking at the GSR sales trend, gold sales as a percentage of volume are on a continuing increasing trend.

I note that the mint has started putting similar graphs on their blog tongue


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

The following user says thank you for this post: Rad Dood

#18 2013-01-22 22:02:28

Willow
Member
From: Sydney
Registered: 2010-11-28
Posts: 498
Trades :   

Re: Perth Mint Monthly Sales

can you get this to auto update from their site GP?


X Do your own research and then you own your decisions.

Offline

#19 2013-01-22 22:06:18

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Re: Perth Mint Monthly Sales

Wow, afternoon project - didn't realise it had been so long.


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

The following user says thank you for this post: Willow

#20 2013-02-26 01:31:34

Alfred
New Member
From: Australia
Registered: 2013-02-24
Posts: 2
Trades :   

Re: Perth Mint Monthly Sales

metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

Can someone tell me where is a good place in Melbourne to get Perth Mint Kangaroos (for example) for a smaller premium than those on the Mint's webpages?

http://www.perthmint.com.au/metalPrices.aspx

Offline

#21 2013-02-26 01:42:25

Eureka Moments
Silver Stacker
From: bosis
Registered: 2011-10-31
Posts: 6,711
Trades :   62 

Re: Perth Mint Monthly Sales

Alfred wrote:
metalzzz wrote:

if their premiums went down a bit I'm sure sale would increase. Ive stopped buying from them, better deals elsewhere

Can someone tell me where is a good place in Melbourne to get Perth Mint Kangaroos (for example) for a smaller premium than those on the Mint's webpages?

http://www.perthmint.com.au/metalPrices.aspx

Try goldstackers in Melb.

http://www.goldstackers.com.au/store/gold-coins.html


Disclosure:  Sheep are silly baaaaastards. 

Offline

#22 2013-02-26 01:50:35

Alfred
New Member
From: Australia
Registered: 2013-02-24
Posts: 2
Trades :   

Re: Perth Mint Monthly Sales

That was quick. Thank you. smile

Offline

The following user says thank you for this post: Eureka Moments

#23 2013-03-31 05:15:02

Pirocco
Member
From: EUSSR
Registered: 2011-05-24
Posts: 4,813
Trades :   
Website

Re: Perth Mint Monthly Sales

To have an idea about gold/silver sales trend over there, I dwelled through the blog:

2012/04 207,109.91 17,575.640
2012/05 437,759.34 30,387.88
2012/06 523,663.46 44,619.05
2012/07 452,692.79 34,026.23
2012/08 338,945.22 37,196.86
2012/09 1,251,580.06 81,095.13
2012/10 457,700.76 54,242.76
2012/11 620,238.26 47,850.77
2012/12 449,529.58 49,581.81
2013/01 670,544.36 65,683.71
2013/02 426,319.29 44,048.62

Total silver sold over these 11 months: 5,836,083.03 so near to 6 Moz, equaling a 11/2=5-6 times less of US Mint.
The 2012/09 sales make clear that alot bought when the Comex side drove up the price. A real pity, that is.

Is there a source that provides older?

Last edited by Pirocco (2013-03-31 05:16:14)


Silver won't save you if you act as clueless and careless as with your bank account.
Get in- not disinformed. Last is easiest, visit www.zerohedge.com & Co and hurry to their bullion shops.
Futures: http://forums.silverstackers.com/topic- … ilver.html #9
Central Banks inflict you less gold and fiat: http://forums.silverstackers.com/topic- … tners.html #19

Offline

The following user says thank you for this post: Holdfast

#24 2013-03-31 05:26:39

goldpelican
Administrator
From: Aust/USA
Registered: 2009-06-29
Posts: 17,970
Trades :   153 
Website

Re: Perth Mint Monthly Sales

I will get around to updating these graphs soon. Didn't realise I had let it slide so long.


My posts on Silver Stackers are either personal opinion or acting in the capacity of site administrator. Opinions offered do not constitute professional or financial advice.

Offline

The following user says thank you for this post: Holdfast

#25 2013-04-19 07:32:53

VRS
Silver Stacker
From: Brisbane
Registered: 2011-10-03
Posts: 5,216
Trades :   290 
Website

Re: Perth Mint Monthly Sales

Can't wait to see the latest one - it'll be spectacleeyar!

Offline

The following user says thank you for this post: perthsilver

Board footer

Powered by FluxBB