The Perth Mint 20g gold bar from the Kangaroo minted bar range is a small, sealed bar of 99.99% pure gold made in Western Australia. It holds 0.643 troy ounces of fine gold and is sold by several Australian bullion dealers. This page puts their offers in one table, so you can compare the final price for the same bar before you buy.<\/p>\n
The Perth Mint has refined and struck precious metals since 1899 and is owned by the Government of Western Australia. Its Kangaroo minted bars come in eight sizes, and the 20g bar is one of them. According to the Perth Mint, each bar shows:<\/p>\n
Every bar comes in tamper-evident packaging with a serial number. The blister shows the word VOID around the edge if someone has prised the card open, so you can see at a glance whether the seal is intact.<\/p>\n
Not sure how grams relate to ounces? Our guide to the troy ounce<\/a> explains the difference.<\/p>\n Is a 20g bar the right size for you? It tends to suit:<\/p>\n Keep in mind that small bars cost more per gram than large ones. Minting, packaging and handling cost roughly the same for a small bar as for a bigger one, so that cost is spread over less gold.<\/p>\n How much are you paying above the value of the gold itself? The price per bar is only part of the answer:<\/p>\n Gold of at least 99.5% fineness in investment form counts as a precious metal for GST purposes, so a private buyer pays no GST on this bar. When you sell, any gain is generally a capital gain, and Australian residents who held the metal for at least 12 months can usually apply the 50% CGT discount. Our page on tax on gold in Australia<\/a> explains the ATO rules. Check your own case with a tax adviser.<\/p>\n The same weight is also made by Swiss refiners. Compare the 20g Gold Bar PAMP Fortuna<\/a> and the 20g Gold Bar Valcambi<\/a>, which hold the same amount of gold. You can see all of them in the 20 gram gold bars<\/a> category.<\/p>\n The Perth Mint bar is a local product. Some buyers prefer it when they plan to sell back to an Australian dealer, as the brand is well known across the country. Would a different size suit you better? Compare the 10g Gold Bar PAMP Fortuna<\/a> and the 1oz Gold Bar Perth Mint<\/a>, or browse all gold bars<\/a>.<\/p>\nWho is this bar for?<\/h2>\n
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What to check before you buy<\/h2>\n
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GST and tax in Australia<\/h2>\n
Perth Mint Kangaroo bar or another 20g gold bar?<\/h2>\n