Frequently Asked Questions


  1. DO I PAY GST ON GOLD OR SILVER BULLION?

    No.  Most high-purity bullion investment is GST-free (sales tax free) because the Australian government has classified gold, silver and platinum bullion as an investment form.

    The exception is palladium and coins under 99.99% purity (gold, platinum) and 99.9% (silver). In these cases, GST of 10% is applicable to your purchase.

     


  2. WHEN DO I GET PAID FOR MY ITEMS?

    You are paid straight away! No waiting for cheques to clear or money to appear in your bank account, you get paid instantly!


  3. CRITERIA FOR BUYING GOLD OR SILVER ITEMS

     

    Other Companies criteria;

    The more value an item has, the larger the loan you are eligible to apply for, and value is determined by a number of factors including:

    • the age of the product,
    • the demand that there is for a product and;
    • the condition of the product.

    SA Gold Diggers criteria;

    Gold is gold and silver is silver and no matter what condition it is in, it still weighs the same, so your items are literally ‘worth their weight in gold’

    Factors that do NOT affect how much we pay you:

    • the age of the product
    • the demand that there is for a product and;
    • the condition of the product