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<p>[QUOTE="gxseries, post: 1515372, member: 4373"]I don't know where you see Kookaburra coins close to near market prices. There's an additional 10% tax if it's bought locally in Australia. Just checked the Perth Mint and I don't see any silver coins close to 30 dollars / ounce available for sale. Cheapest I can see is the Koala coin, which is 57.50 + 10% tax. </p><p><br /></p><p><a href="http://www.perthmint.com.au" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.perthmint.com.au" rel="nofollow">http://www.perthmint.com.au</a></p><p><br /></p><p>Yes, you can potentially buy at secondary market at a cheaper price as well as in the US because of the taxes. </p><p><br /></p><p>Price is a reflection of supply versus demand as well as sustainability of a business. If you don't want to buy bullions at that price, it's not a problem. There are other buyers that are happy to pay such prices. Might as well apply to everyone else who wants to pay higher prices for 'luxury' goods that could be subtituted with something else such as hand watches, cars, jewellery, etc. </p><p><br /></p><p>If you reckon whinging will help to drop prices, please feel free to do it at your choice. I'm happier spend all that effort getting a better paid job which pays in the longer run. Or you may wish to share your experience complaining to the Perth Mint about their ridicious prices.[/QUOTE]</p><p><br /></p>
[QUOTE="gxseries, post: 1515372, member: 4373"]I don't know where you see Kookaburra coins close to near market prices. There's an additional 10% tax if it's bought locally in Australia. Just checked the Perth Mint and I don't see any silver coins close to 30 dollars / ounce available for sale. Cheapest I can see is the Koala coin, which is 57.50 + 10% tax. [url]http://www.perthmint.com.au[/url] Yes, you can potentially buy at secondary market at a cheaper price as well as in the US because of the taxes. Price is a reflection of supply versus demand as well as sustainability of a business. If you don't want to buy bullions at that price, it's not a problem. There are other buyers that are happy to pay such prices. Might as well apply to everyone else who wants to pay higher prices for 'luxury' goods that could be subtituted with something else such as hand watches, cars, jewellery, etc. If you reckon whinging will help to drop prices, please feel free to do it at your choice. I'm happier spend all that effort getting a better paid job which pays in the longer run. Or you may wish to share your experience complaining to the Perth Mint about their ridicious prices.[/QUOTE]
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