Delivery Information
Shipments and returns
Your Metal Shipment
Packages are generally dispatched within 24 hours after receipt of payment and are shipped directly from the Vault with tracking and delivery to any address in Australia. Internationally we are working on a delivery system that will shift the value of the GOLD to a Bullion Dealer near you and it can be shipped or picked up from there. In the event that it is shipped, it is always shipped with insurance for full replacement value..
Shipping fees are a seperate product so the customer can convert to Solid Metal Bars at their convenience. We suggest you have a plan on where to store your metal or how you use it BEFORE converting to Barred Metal and taking delivery.
What
is Pool Gold or Silver?
When Gold or Silver is purchased from AU4U, it is
stored in bulk with everyone else’s Gold and Silver, fully insured until you
either want to sell it or have it delivered to a place of your choice. Because
many people’s gold is bulk-stored together ie pooled, it is called Pool Gold or
Silver.
This is a safe, convenient way to have small
amounts of your precious metal stored. You will always own your portion of the
precious metal that you have purchased. You will receive a tax invoice and
statement for your portion or ‘share’. You can choose to have your precious
metal taken out of the Pool and poured into a bullion bar for a small fee.
There is no minimum amount of precious metal
required to qualify for your Gold to be pooled. This means you can buy small
amounts of gold at a time/ interval and amount of your choice. It will be added
into the Pool and stored and insured for you for free. You then have the option
to keep adding to your share of the Pool Gold or have your precious metal
poured into a bullion bar and delivered to you.
Each ‘share’ you buy is managed, stored and
tracked by AU4U.
This provides:
A cost-effective option to buy and store your
precious metal in Australia
Secure storage in our custom-built vaulting
facility on your behalf
No shipment costs or risks
Regular reporting showing the current value of
your holdings and transaction history
A suitable option for SMSF with regular
auditing, reporting, insurance, and compliant off-site storage
100% backed by physical metal
Fully insured for replacement value by Lloyds
of London
You also have:
A sell-back option at any time, cash
transferred into your nominated account once the price is agreed upon
High liquidity, the fastest way to buy and sell
Easy trading for those who want to buy and sell
quickly and regularly
When you want your precious metal poured into a
particular bar size, the Barring Fees are:
Precious
Metal |
Size of
Bar |
Cost |
Gold |
½ oz |
$25 |
|
1 oz |
$25 |
|
2 oz |
$30 |
|
100 g |
$35 |
|
5 oz |
$45 |
|
250 g |
$55 |
|
10 oz |
$65 |
|
500 g |
$75 |
|
1000 g |
$100 |
Silver |
10 oz |
$35 |
|
500 g |
$35 |
|
1 kg |
$40 |
|
100 oz |
$80 |
|
5 kg |
$110 |
Your barred precious metal can then be
collected, or shipped fully insured for a delivery fee.
In summary:
Gold
storage fees |
Free |
Silver
storage fees |
Free |
Full replacement
insurance |
Yes |
Minimum
purchase requirement |
Nil |
Sell-back
option |
Yes |
Barring Fee |
Yes |
Bullion
bars |
Ownership
as part of the larger pool |
Documentation
|
Tax
invoice and statement |