Sell bullion in-person
Cash in in your The Perth Mint-branded gold, silver, platinum and palladium coins and medallions, gold and silver legal tender coins, gold and silver bars and ingots and natural gold nuggets.
We provide expert assessments, competitive rates and live pricing. If all conditions are met, you will be paid directly into your nominated bank account and, if you wish, you can then buy new investment bars or coins with your proceeds.
What we pay for gold and silver
Plan ahead for Diwali
Diwali is a period of high demand for our gold products, this year from 29 October-1 November. Please note our onboarding processes for buying bullion.
Four steps to receiving payment
Identification
Download a due diligence form and transaction form and get your ID ready.
Account set up
Bring in your ID and register account to use in-store.
Assessment
Visit us in the bullion trading room and have your metal assessed.
Payment
Receive funds if accepted.
What you need to know before you visit
Prepare for your visit by reading the information below and having the appropriate identification documents with you. If all conditions are met, you will be paid directly into your nominated bank account.
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Do I need an account?
Yes. You do need an account to buy and sell precious metals at The Perth Mint. See below for more details.
Note: Online accounts cannot be used for in-store purchasing. Find out more about buying bullion online.
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What is the transaction form?
We require a completed transaction form as part of the process and so that you can receive payment.
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Do I need to make an appointment before coming in?
Individuals
Individual customers and existing account holders generally do not need to make an appointment. All account holders will be required to undergo renewed ID verifications as part of our legal compliance requirements.
Non-individuals
It is recommended that non individuals who have not traded previously make an appointment as the account set-up process can take up to two hours.
View the Account and ID requirements for more information about individual and non-individual account types.
Customer Operations
For new accounts, changes to existing accounts and verification.Available 7.30am-5pm weekdays AWST -
What ID do I need to bring?
Required identification documents vary depending on the account type. Visit the Account and ID requirements page and download a customer due diligence form for the specific details.
If selling gold jewellery, a bank statement issued within the last three months stating the customer's name and residential address is also required.
- Terms and conditions
What to expect when you arrive
Before you can trade bullion, you are required to visit the bullion registration desk to create an account/review your existing account.
We must meet certain legislative requirements as part of this process and this may require additional time as we take steps to verify your identify. We thank you for your patience.
Account requirements
You will need to have your identity verified and provide us with certain information and documents. Requirements will vary depending on account type. See Account and ID requirements for full details.
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First visit
Step 1
Create an account at the bullion registration desk. Requirements vary depending on the type of account and the amount of bullion you wish to trade. These are outlined on the Account and ID page.
You will receive a card with your customer account number. Bring this each time you visit.
Step 2
Once you have a customer account number card, you can then buy and sell precious metals.
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Subsequent visits
Bring your customer account number card as evidence of registration. This will allow you to trade without needing to re-register. Remember, photo identification is required each visit.
Please be aware that due to ongoing customer due diligence requirements, you may need to update your personal identification details at the bullion registration desk to allow you to continue trading.
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Forms and identification requirements
In accordance with Australian Anti-Money Laundering and Counter-Terrorism Financing regulations, The Perth Mint requires certain information about customers who wish to transact in the bullion trading room.
Requirements will vary depending on the type of customer and transaction amounts. Please visit the Account and ID requirements page for more information.
Trading hours
Monday to Friday
Saturday
Sunday
Public holidays
Bullion trading room
9am-5pm (arrive by 4pm to allow time for processing).
9am-5pm (arrive by 4pm to allow time for processing).
Closed
Closed
Contact us
If you have questions about bullion trading, products and gold jewellery buybacks, please contact the team below:
If you have account-related questions, please contact the team below:
Customer Operations
FAQS
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What precious metals products do you buy?
Perth Mint precious metal coins and medallions
Includes gold, silver, platinum and palladium. No premium offered for proof/numismatic coin issues.
Other precious metal coins
Recognised legal tender gold and silver issues only. No coins in current circulation. No premium offered for numismatic issues.
Gold and silver bars and ingots
We accept bars made by most LBMA accredited refiners such as The Perth Mint. Non-accredited bars are accepted at our discretion.
Natural gold nuggets
We buy clean (rock-free) natural gold nuggets of all sizes. Exceptional pieces may attract a premium over the spot buy price. Please call in advance for advice.
Gold jewellery
Please visit the Sell your gold jewellery page for more information.
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What are your payment conditions and processing times?
Payments
We will only pay funds into an Australian bank account in the name of the customer or legal entity whose name appears on the contract. View terms and conditions for full information on payments for selling bullion and selling jewellery.
Processing times
Our standard payment processing times for bullion and jewellery are listed below.
Transaction type
Minimum settlement period
Bullion and nuggets under AUD 100,000
One business day
Bullion and nuggets over AUD 100,000
Two business days
Jewellery under AUD 5,000
One business day
Jewellery over AUD 5,000
Five business days
We try to process payments to your nominated bank account as quickly as possible. However, factors out of our control such as providing incorrect bank details, public holidays and bank system downtime may delay payments.
Payments will be made to the bank account of the registered customer. No third-party accounts are accepted.