The Perth Mint issues gold bars in various sizes, each with its own benefits to investors. The 10-gram bar features the swan logo of the Perth Mint inscribed on the obverse side along with the weight and gold content of the bar. The reverse shows a repeating pattern of kangaroo silhouettes migrating (a common site in West Australia) across the bar at a 45-degree angle.
Perth Mint’s 10-gram bars are of 99.99% purity or 0.9999 fine gold. Each one is sealed in an industry-leading, protective blister packet on an assay card. If the pack is breached, the card will display the word “VOID” around the edges. This tamper-evident packaging makes it easy to prove to would-be buyers that the bar within the packaging is in mint condition and the assay information is accurate, making appraisal a more straightforward process.
These bars have a lower premium to the spot price of gold than smaller weights like 1 gram and 5 gram bars. On the other hand, they’re smaller than heavier bars such as the 1 oz bar, allowing trade or barter in more precise amounts. Many gold buyers diversify their holdings across a broad range of gold bar weights for easier liquidation or trade (it’s hard to get change for a 1 oz gold bar).
Due to their high quality, 10-g gold bars from the Perth Mint are eligible for purchase within a precious metals IRA. They’re a popular choice among those investors saving for retirement with physical precious metals. Unlike digital, paper-based gold certificates, a physical gold investment grants you ownership rights over that tangible piece of gold. You may choose to store it personally for added privacy or simply to view, handle, and admire your own gold bar. Physical gold is simply not subject to the same risks as paper-based gold, such as hacking or erasure within a computer system. There are no concerns about contango or backwardation or tracking errors; physical gold’s simplicity as an asset is unmatched.
About the Perth Mint
The Perth Mint has been operational for well over 100 years, founded two years before the Federation of Australia, in 1899. The Perth Mint exports $18 billion Australian in gold, silver, and platinum to precious metals investors in over 100 different countries every year.
The Perth Mint is accredited as a Good Delivery List refiner for the London Bullion Market Association (LBMA). The LBMA is an influential group of bullion banks and refiners, and this accreditation is an internationally recognized quality standard. The LBMA plays a vital role in the pricing of gold and the standards set for gold bullion.
- An excellent balance between lower premiums and high flexibility
- Perth Mint is LBMA approved, appealing to investors looking for quality assurance
- 10 grams of 0.9999 fine gold housed in a tamper-evident blister pack with assay information
- Eligible for purchase in a precious metal IRA