1 Kilogram Platinum Bar
One kilogram (32.1507 troy oz) of 999.5 fine platinum from ABC Bullion — Australia's largest privately-owned bullion dealer and LBMA-accredited refinery. Individually serial-numbered (AA000421) and CHI Essayeur Fondeur certified. Platinum's industrial demand fundamentals and relative rarity versus gold make it a compelling portfolio diversifier at a fraction of the gold price.
The ABC Bullion 1 Kilogram Platinum Bar is a precision-minted bar produced at ABC Bullion's Sydney refinery. Each bar is individually serial-numbered (AA000421 shown) and CHI Essayeur Fondeur certified, confirming 999.5 fine platinum content. The reverse features the ABC logo repeating motif — a hallmark of the ABC Bullion minted product range.
At 1kg, this is the largest single platinum bar available at retail in Australia. It is suited to investors seeking significant platinum exposure in a single, identifiable, LBMA-accredited bar that can be stored allocated or delivered directly.
This is the most important difference between platinum and investment gold. Under Australian GST law, investment-grade gold (≥99.5% pure gold) is exempt from GST as a financial supply. Platinum does not qualify for this exemption — all platinum bars, regardless of purity, attract 10% GST.
What this means for you:
- Buy price: Includes 10% GST. The price shown on this page is the GST-inclusive price you will pay.
- Sell price: When you sell platinum back to us, you will receive spot minus premium (ex-GST). If you are registered for GST, you may be able to claim input tax credits — consult your tax adviser.
- SMSF: Platinum held in an SMSF as a "collectible" (rather than as a direct investment) may have different rules. Seek independent advice before purchasing platinum in an SMSF.
- CGT: Selling platinum is a CGT event. If held more than 12 months, the 50% CGT discount applies to individuals.
A detailed GST tax invoice is provided with every platinum purchase. Retain this for your records.
Platinum and gold are fundamentally different markets. Key considerations:
- Rarity: Platinum is significantly rarer than gold — approximately 30 times less is mined annually. All platinum ever mined would fit in an average living room.
- Industrial demand: Approximately 40% of platinum demand comes from the automotive industry (catalytic converters), with growing use in hydrogen fuel cells. Gold's industrial use is modest by comparison. This makes platinum price more responsive to industrial cycles.
- Price relationship: Historically, platinum has often traded at a premium to gold. The current period of platinum trading at a discount to gold is historically unusual and viewed by some as an opportunity.
- Volatility: Platinum is more volatile than gold due to concentrated supply (South Africa and Russia produce ~90% of global supply) and industrial demand sensitivity.
Platinum is best considered as a complement to a gold position rather than a substitute — adding a different commodity exposure with its own supply-demand dynamics.
Your platinum bar 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 (identified by serial number AA000421) is ring-fenced in our vault and insured at full replacement value through Lloyd's of London. Storage fee: 0.15% per annum of holding value. Sell at any time without taking delivery.
We recommend calling ahead on 1300 000 000 for orders of this size. Delivery by specialist high-value insured courier with full replacement-value insurance from dispatch to signed receipt. Discreet packaging — no contents indication on outer packaging.
In-person collection at our Sydney (Level 10, 1 Martin Place) or Melbourne (Level 8, 360 Collins Street) offices is always available at no cost. For orders above $250,000, additional security arrangements may apply.
