Do I need ID to purchase precious metals?
We do not require any identification for purchases less than $5000
Do I need ID to sell/loan precious metals?
Are you looking to sell/loan your precious metals? As a registered gold dealer and pawnbroker in the state of Western Australia the gold dealers and pawnbroking act requires all registered dealers to obtain valid identification of customers that are conducting transactions with the registered dealer. In order to protect and verify your identity, customers are required to provide documents that demonstrate:
It is important to transact in Western Australia only with registered and licensed precious metal dealers as they have been vetted by the Western Australia Police Force. A registered and licensed precious metal dealer will have the licensee details displayed on the outside of it’s premises.
Your full name;
Your current residential address;
Your date of birth;
Your signature.
The primary identification and secondary identification at minimum must equal 100 points.
We require 1 x Primary Documentation (Must be valid and must have a photo)
Identification Type | Points Value |
---|---|
Australian Drivers License | 75 Points |
Australian Passport | 75 Points |
WA Proof Of Age Card | 75 Points |
We require 1 x secondary documentation (Further details below)
Identification Type | Points Value |
---|---|
Council/Shire rates | 25 Points |
Telephone/Internet bill | 25 Points |
Gas/Water/Power bill | 25 Points |
Bank or income statement | 25 Points |
Employee wage slip | 25 Points |
Insurance policy | 25 Points |
The documentation must be issued in the last 90 days, and must include your full name, your residential address and the date of issue of the document.