Frequently asked Questions
1. How difficult is the Perth Mint Certificate to sell?
The Perth Mint Certificate is extremely easy to sell. Through Jaggards the Perth Mint will buy back the certificate from you at any time based on the current market price of the metals. Alternatively, the owner can take physical delivery at the Perth Mint or arrange for physical delivery at additional costs.
2. Can I sell portions of 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. There is a AUD $10 re-issuance fee.
3. Do I have to make a purchase as soon as the money has cleared?
Even after you have deposited money into our account you are not obliged to make a purchase straight away. If you feel like waiting for a correction in the market then you may hold off until you feel it’s the right time to make a purchase.
4. What’s the minimum purchase?
The minimum purchase is AUD $5,000 for Australian and New Zealand residence. International clients have a minimum initial purchase of USD $10,000 after which point certificates can be purchased for $5,000.
5. Who sets the buying and selling price?
The Perth mint set these prices which are based on live metal market quotes.
6. What fees are associated with buying a certificate and selling the certificate?
A trading fee of 2% is deducted from the total amount when making a certificate purchase, as well as $10 (USD $50 for international clients) for the certificate the client receives. A trading fee of 1% applies when selling your Perth Mint Certificate, which is deducted from the total amount.
7. How soon before I can make a purchase?
You are only eligible to trade once your account has been setup and the money deposited into our account has cleared. We will not make a purchase until the money has clear.
