Hotline: 1300 722 337

Monthly Archives: November 2015

  • Upgraded Website!

    New-Website-for-Blog-ImageWE HAVE A NEW WEBSITE.
    This is mostly (99.9%) fantastic news. Our site is:
    - More secure
    - More reliable
    - Easier to use
    - AND has some features coming up that we think you will absolutely love!

    The bad news (for a little bit) is your unallocated and stored holdings has not been transferred to your new account dashboard. DON'T PANIC! We are aware of this issue and all your holdings will be available in your account by 25/11/2015.
    However, if you have an existing account with us already - you will need to reset your password (you can change it to your current password if you like). This is because it is impossible for us to move your old password across to the new system (because we don't know it!).
    To make this process as easy as possible we have listed the step by step instructions below for you. If you have any trouble what-so-ever we are HERE TO HELP. So please don't hesitate to send us an email or give us a call on 1300 722 337
    We truly hope you like the new website and welcome any feedback - good, bad or otherwise.

    How to Reset Your Password

    1. Click here to reset your password
    2. Enter your email address and click 'SUBMIT'
    3. You should receive a message: If there is an account associated with sample@sample.com you will receive an email with a link to reset your password.
    4. Check your email account (dont forget to check spam folder) for the password reset email from our "Customer Support" team.
    5. Open this email and click the 'Reset Password' button in blue
    6. It should take you to the Bullion Money website and you will now have the option to choose a new password.
  • The new metric 2016 Panda Silver & Gold Coins

    Last year the Chinese Panda coins were absent of a weight inscriptions on both silver and gold coins. The coins remained the same purity, weight and denomination as precious years. The removal of the weights from the coins was a big move in the bullion coin market. This year the Chinese mints have taken it 1 step further and are abandoning the the Troy oz measurement.

    The new 2016 silver panda coins will now be a round 30 grams instead of 31.10 (1 troy oz) The smallest gold Panda coins will now be 1 gram instead of 1/20 oz

    2016silverpanda

    2016 Vs Previous Year Weight Comparison

    Prior Pandas in OZ Prior Panda in G 2016 Pandas in OZ 2016 Pandas in G
    Gold Pandas  
    5 Yuan 0.05 1.55 0.0322 1
    10 Yuan 0.10 3.110 0.0965 3
    25 Yuan 0.25 7.77 0.2572 8
    50 Yuan 0.50 15.55 0.4823 15
    100 Yuan 1.00 31.1035 0.9645 30
    Silver Pandas
    10 Yuan 1.00 31.1035 0.9645 30

     

     

    With 1.35 billion people, China has the world’s largest population. Its gold reserves are the fifth highest in the world and are currently valued at around £39.9 billion – a 60% increase since 2009. There’s no doubt that there is a healthy appetite for gold within the country, therefore it makes sense for them to go after the national market rather than concentrate on international sales.

    The majority of the English-speaking world, including the US, Australia and the UK, use troy ounces when calculating precious metal prices. The UK’s A.M. and P.M. gold fixes are provided by the London Bullion Market Association, who also use the measurement. Furthermore, most bullion coins are issued in multiples or fractions of troy ounces as a standard. You could say the modern market is built around the troy ounce.

    By altering the weight of the coins the pandas will no longer be in direct competition with those from the world’s leading mints, such as Britannias, maples, eagles or krugerrands. Whilst converting into troy ounces or grams isn’t a hard task (here at Chard we’re used to dividing or multiplying everything by 31.1035 – those six digits are all but branded into our brains) it could potentially put customers off. It requires some knowledge on converting the spot price into grams (or the coin into troy ounces) which the average investor may find off putting – people didn’t like changing from imperial to metric after all!

    On the other side of the argument, are troy ounces outdated? When it comes to bars, or larger coins, we tend to use grams and kilos anyway. Sovereigns weigh 7.98g and contain just under quarter of a troy ounce (0.235oz) of gold. The weight doesn’t discourage customers, in fact, they’re probably our most popular gold bullion coin. What sets sovereigns apart from pandas though is the rich numismatic history which precedes modern standards.

  • Buy & Pay with USD

    Buy from Bullion Money in USD (US Dollars)

    At BulScreen Shot 2015-11-21 at 7.44.51 PMlion Money we have customers all around the world. International clients have asked us if they can make payment in US dollars into a US Bank account. This is certainly possible! To create your order in USD, make sure to click the "USD" button located on the top right of the website. (see image) All prices shown on our website will be converted to US Dollars. Simply follow the normal checkout procedure and the order total will be in USD and our US Bank details will be provided. If you have any queries please contact us via email or phone.

    US BANK DETAILS:

    Citibank
    3990, South Maryland Parkway
    Las Vegas, 89119, Las Vegas
    Account Name: Bullion Money, LLC
    Routing #: 322 271 724
    Account #: 000205555832

3 Item(s)

PRICE REFRESH