The Perth Mint Certificate Program (PMCP) enables you to invest precious metal without the inconvenience and risk of personal storage. The Perth Mint issues a Certificate to you confirming your purchase, which is stored at the Mint on your behalf.
The Perth Mint Certificate gives you legal title to precious metals held by The Perth Mint on either a segregated (allocated) or unsegregated (unallocated) basis. The Certificate is in your name and identified by a Certificate number. The PMCP is also the only Government Guaranteed certificate program in the world, making it one of the safest ways to own precious metals.
The Program offers investors a unique range of precious metal storage options on attractive terms:
- Account opening minimum: USD 10,000 (AUD 5,000 for Australian/New Zealand residents)
- Minimum subsequent purchases or sales: USD 5,000 (AUD 5,000)
- Products include Perth Mint allocated coins and bars and unallocated bullion.
- Certificates are purchased through a reputable international Approved Dealer network.
- Certificates are transferable, non-negotiable, and have no fixed size.
The PMCP is especially suitable for investors seeking confidentiality, flexibility and low cost secure storage for their precious metal assets. No sales tax is levied on purchases and sales of precious metals in Australia and there are no restrictions on the movement of precious metal in and out of Australia.
If you seek further information on the PMCP or are interested in opening a PMCP storage account, please contact your nearest Approved Dealer. The dealer will provide you with the PMCP Operating Procedures and Terms and Conditions. Australian/New Zealand residents can Contact Us.
Please be advised that The Perth Mint Depository offers investment programmes and does not offer retail sales. Should you wish to purchase bullion bars or coins for immediate delivery, please contact The Perth Mint Shop. All bullion bars and coins purchased through Perth Mint Depository will attract a minimum six month storage fee. Please contact Depository staff should you have any further queries.
Please be advised that the purchase of unallocated silver currently attracts a levy. Please contact our office for further information.
Payment Methods
Please be advised that Perth Mint Depository is no longer able to accept payment by cheque for investment into PMDS and PMCP accounts. This is due to internal policies regarding the time taken for cheques to clear and correlation to the volatility of metal prices. Payment can now only be made by electronic transfer.
Fabrication Price Increase
Please be advised that fabrication prices increased for Depository Services from 1 February 2009. New pricing information is available upon request or in the information packs for each particular investment programme.
Availability is subject to demand and production scheduling.
Changes in Storage Period
The Perth Mint is currently implementing new procedures to streamline administrative processes such as invoicing. As such, the storage period for metal held at The Mint will change from yearly to six monthly. To assist with this transition and bring our client base in line, from 5 May 2010, all new storage products will be invoiced in advance to 31 December 2010. Thereafter, storage will be charged in 6 month blocks from either 30 June or 31 December. The upfront fee will remain non refundable and will still be based on your purchase price and our current storage rates. All other features remain unchanged.