Hi all,
Thanks to all the OzBargain members who've registered with us during previous sales and specials, and thanks also for all the questions. We hope we've been able to offer a bit of insight into the world of bullion.
Our annual Shipping Shutdown Sale is running from mid-December until mid-January. The task of shipping lots of high value parcels around while the Christmas rush is on is a tough and sometimes nerve-wracking one and nobody wants to spend more time than they have to in the Post Office at this time of year either. We stop shipping, slash our prices and pick up again in the new year when all the craziness is over and everyone is back from holidays.
We'll be adding new items to the sale over the next four weeks, but we're kicking it off with 1kg PAMP silver cast bars that we've acquired on the secondary market. All these come with certificates of authenticity, (possibly) a few dents and scratches from being in circulation and are listed at a very nice discount to the brand new bars we get from the mint.
As trade-ins, supply is limited to stock on hand.
Everything we have on sale at any given time is listed here: https://www.bullionlist.com.au/browse/-specials-
and we'll be going as low as 80% off the regular premiums on some items during the course of the sale (or possibly even lower).
We also have a range of Chinese Lunar themed bullion if you're looking for gift ideas for Chinese New Year:
https://www.bullionlist.com.au/browse/gold-lunar
https://www.bullionlist.com.au/browse/silver-lunar
For those who are new to precious metals, we're dealers and we buy and sell investment grade gold and silver bars and coins. Our prices are based on the "spot price" which is the current market price for each type of metal on the international wholesale market. Precious metals are traded all over the world, 24 hours a day and the price changes all the time according to supply and demand.
Retail bullion products trade on a "spot plus premium" basis. The "premium" represents the manufacturing, packaging, transport and logistics costs of melting these very large bars down to make smaller sized bars and coins. We make a (very) small profit on the trade as well, but this can easily be as low as 0.5% of the value of the item. To make up for the small profit, we trade large volumes in Australia and through Asia as well.
You can order as many times as you like during our Shipping Shutdown Sale and use the Combined Shipping option at the checkout to bundle all your orders together for delivery next year. Shipping rates are calculated dynamically during checkout based on the weight of your items and you can check the final price by loading up your shopping cart and taking it through to the last stage of the checkout process.
Cheers,
Joey
tldr;