1 Troy Oz Platinum Bar
One troy ounce (31.1035g) of 999.5 fine platinum from ABC Bullion — Australia's largest privately-owned bullion dealer and LBMA-accredited refinery. Supplied in a tamper-evident assay card with a unique serial number (D09718) and CHI Essayeur Fondeur certification. The entry point for platinum investment — available at the same accessible price-per-bar as the 1oz gold Kangaroo, but in a metal that is 30 times rarer.
The ABC Bullion 1 Troy Oz Platinum Minted Bar is supplied in a tamper-evident assay card bearing the ABC Bullion logo, "1 oz PLATINUM 999.5," and CHI Essayeur Fondeur certification. Each bar is individually serial-numbered (D09718 shown). The assay card reverse confirms: AUSTRALIA / abcbullion.com / Metal Fineness 999.9 (platinum equivalent) / Metal Weight 1oz / Certified assayer: CHI Essayeur Fondeur.
The 1oz platinum bar from ABC Bullion is the most accessible entry point for platinum investment in Australia. At a similar price to the 1oz gold bar — depending on prevailing platinum/gold price ratios — it offers exposure to a metal with fundamentally different supply and demand dynamics. As an authorised ABC Bullion dealer, we supply every bar directly from the refinery with full provenance.
Investment-grade gold (≥99.5% Au) is exempt from GST under Australian law. Platinum does not qualify for this exemption — all platinum bars attract 10% GST. Key implications:
- Buy price: The price shown includes 10% GST. A full GST tax invoice is provided with every purchase.
- Sell price: When selling platinum back to us, you receive the ex-GST price (spot minus premium). GST-registered businesses may be able to claim input tax credits — consult your tax adviser.
- CGT: Selling platinum is a CGT event. If held more than 12 months, the 50% CGT discount applies to individuals.
- SMSF: Platinum in an SMSF may be treated as a "collectible." Independent advice is strongly recommended before purchasing platinum in an SMSF.
At current market prices, 1oz platinum may cost significantly less than 1oz gold — a historically unusual reversal from platinum's traditional premium. This makes the 1oz platinum bar an accessible entry to a genuinely rare industrial metal.
- Gold: GST-free. Stronger global brand recognition. Primary monetary metal. Larger and more liquid market. Lower volatility. Better for capital preservation.
- Platinum: 10% GST applies. Rarer — ~30× less annual production than gold. Significant industrial demand (automotive, hydrogen fuel cells). More volatile. Better for speculative exposure to industrial demand growth.
The GST on platinum is a material cost factor — it effectively adds a ~10% floor to the buy-sell spread compared to gold. For most investors, a gold allocation should be established first; platinum is best as a diversifying complement rather than a primary holding.
Your purchase can be collected in person at our Sydney or Melbourne offices, delivered by fully insured specialist courier, or placed into our allocated vault storage — free for the first 3 months with every purchase.
Allocated storage: your specific bar (serial D09718) is ring-fenced in our vault and insured at full replacement value through Lloyd's of London. Storage fee: 0.15% per annum. Sell at any time without taking delivery.
All deliveries use specialist insured couriers with full replacement-value coverage from dispatch to signed delivery. Discreet packaging — no markings indicate contents. Delivery: Sydney/Melbourne next business day; other metro 1–2 days; regional 2–5 days.
Returns accepted only for materially incorrect or defective products. No returns based on price movement after confirmed purchase. Contact us within 5 business days if a return is warranted.
