Cheapest 1 oz silver coin, by dealer
Checked at 7:18 pm AEDT · dealers from WA marked
Cheapest 1 kg silver bar, by dealer
Any brand, minted or cast
Buying silver in Perth
Perth investors have a distinct advantage in the silver market: the city is home to the Perth Mint, which strikes the Silver Kangaroo and Silver Kookaburra and sells them directly from its East Perth retail store. For buyers who want to purchase from the source, the Mint's retail shop is open during business hours at 310 Hay Street.
Swan Bullion also serves Perth buyers with competitive pricing on silver coins and bars. National online dealers ship to Perth, typically within two to four business days, and sometimes offer lower premiums than in-store retail pricing.
The Silver Kangaroo is the most popular silver coin in Perth, followed by the Silver Kookaburra. Both are struck at the Perth Mint at 99.99 percent purity. Silver bars in 1oz, 10oz, and 1kg sizes are available from most dealers.
Investment-grade silver (99.9% pure or better) is GST-free in Australia, just like investment gold. GST only applies to collectable, proof and numismatic pieces, such as the proof and coloured coins also sold at the Perth Mint shop, and to lower-purity silver. Read our GST on silver guide for more detail on which products qualify.
For Perth investors considering silver as part of a broader portfolio alongside gold, our silver price page shows the live AUD silver price and a full breakdown by weight. The gold and silver calculator can help you compare the value of different sized holdings.
Questions about buying silver in Perth
Can I buy silver at the Perth Mint?
Yes. The Perth Mint retail store at 310 Hay Street, East Perth, sells silver coins and bars. The Silver Kangaroo and Silver Kookaburra are available in person. The Mint also sells online. Compare Mint prices against dealer prices in the table above to find the best deal.
Is silver GST-free in Perth?
Yes, if it is investment-grade. Silver of 99.9% purity or better in bar or bullion coin form is GST-free across Australia, including Perth, just like investment gold. GST only applies to collectable, proof and numismatic pieces and to lower-purity silver.
What is the cheapest silver to buy in Perth?
The cheapest silver in Perth at any given time depends on current dealer stock. The Silver Kangaroo tends to carry a lower premium than the Silver Kookaburra. The live price table above shows the current cheapest option from all dealers serving Perth.
Does Perth Mint offer storage for silver?
Yes. Perth Mint offers unallocated and allocated silver storage through its depository service. Investment-grade silver bought this way is GST-free, just like gold, although storage fees are a service and generally attract GST. SMSF trustees should check that silver fits the fund's investment strategy before buying.
Lowest price per dealer from A$76.21. Shipping and in-store availability vary; confirm with the dealer.