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All CollectionsFrequently Asked Questions (FAQ)Security and Safekeeping Mechanisms
How can my circulated bullion be assayed, verified or swapped?
How can my circulated bullion be assayed, verified or swapped?
Updated over 11 months ago

Our independent assayer, Singapore Assaying Office (SAO) certifies all circulated bullion in Singapore.


They use the destructive method where each and every bar/coin will be drilled for sampling via the fire assaying method.


Estimated cost is as follows (subject to final quantity):

3 Point Sampling (per piece)

USD 15.00

Assaying

USD 240.00

Certification Report

USD 50.00

Logistics/Insurance Fee

USD 500.00

Customs Permit Fee

USD 120.00

Service Charge

USD 100.00

Total fee amount is subject to 9% GST (Government Service Tax).

Alternatively, we can arrange for your bullion to be re-casted or swapped via internationally recognised mints. Kindly make your request at customerservice@sgpmx.com.

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