Perth Mint Price

Amanda - if the idea of blood diamond does not disturb you, I have nothing further to say. We do not speak the same language or have any common value. A human's life is priceless and should never be described as "better fish to fry"

SilverforLife - I would watch saying that if I were you. It's no good making "suggestions" if you don't know what you are talking about.

Here's why:
1) Different agencies and roles. Perth Mint is owned by the Western Australia government whereas Austria Mint is a subsidary of National Bank of Austria. Austria Mint has room to make money elsewhere in producing national coinage, planchets besides bullions. Perth Mint on the other hand ONLY specializes in bullions and refinery. Big difference there.
2) Import tax, tax subsidy, all other forms of taxes / subsidies.
3) Nationalism of buying 'locally' produced goods. I don't know where you are at but you cannot just bluntly tell business to close up because they are too expensive, fire their employees and expect them to do fine with no support. You or I could be in that very business.

I don't know what kind of life you live in but it seems it's ok to for you to tell others that goods are too expensive. Fair enough. On the other hand, have you never been told that you are too expensive to run in someone's business??? You would call that insulting, wouldn't you?

Why don't you even attempt to find out what makes goods expensive before making obnoxious suggestions in "how to improve"?

 

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Austrialia is 4th largest World Silver (mine production). Austria is not even a know producer. Just looking at these raw facts below on the link.

http://minerals.usgs.gov/minerals/pubs/commodity/silver/mcs-2012-silve.pdf

Economy of scale (business term) should point out that Austria's silver bullon should be expensive as they don't have it. China, Peru, Mexico, and Australia are the big four Silver Nations. The Australian military is a highly efficient and effective force and I have great respect for them.:hail: I do not see the same efficiency in the Australian silver mining or mint based on its silver bullion prices. That being said I do like the Perth Mint bullion coins that I do own. I always look to buy more

 

I understand your feeling passionate about the abuse of miners in third world countries, but I don't see how this relates to the spot price of silver on the market. If Australia can not mine its silver at market prices from the ground, then I commend them for leaving it in the ground.

Amanda