Taking Physical Possession
ABC Bullion will provide free storage for your Gold Saver holdings for as long as you like, as well as buy your Gold Saver holdings back from you at any time. ABC Bullion will also happily assist those who wish to convert their Gold Saver holdings into specific physical gold and silver bars, coins and tablets, including the ABC Bullion Cast Bar Range (see more detail below).
Additional documentation, including bank account statements and photographic identification may be required to facilitate conversions from the ABC Bullion Gold Saver into bars, coins and tablets.
ABC Cast Bar Range
Manufactured since 1972, the ABC Bullion brand of precious metals is recognised globally. As Australia’s leading independent gold trader, the ABC Bullion trademark is accepted globally, guaranteeing you maximum liquidity on your purchase, so you can trade exactly when you need to.
ABC Bullion refines and manufactures our precious metals right here in Australia, so our clients can be assured of both quality and reputation.
Each of our bars, regardless of size, is stamped with its purity alongside our very own ABC Bullion hallmark, with our entire cast bar range produced at the LBMA, SGE and CME Group accredited ABC Refinery.
What does it cost to take possession of the metal?
There are no additional fees charged for taking possession of physical metal from your Gold Saver account, other than a delivery fee (if applicable), and a ‘barring charge’.
The barring charge covers the cost of turning your Gold Saver holding into the actual physical bar, coin or tablet (s) you wish to take personal possession of.
How do barring charges work?
The barring charge is very simple calculation. Assume you have 1 troy ounce of gold bullion in your ABC Bullion Gold Saver account, worth AUD $2,500. Assume that at the same time, ABC Bullion is selling a physical 1 troy ounce gold cast bar, for AUD $2,530. In this case, the differential between your holdings, and the physical cast bar itself, is AUD $30.
If you wanted to take possession of your ABC Bullion Gold Saver holdings in an actual physical bar, then the fee you would pay would simply be AUD $30.