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Pallion designs, manufactures, and distributes precious metal products and related services. It is the largest precious metal services group in Australasia. [1] [2] Pallion is the result of the merger in 2014 [3] [4] of the ABC Bullion and Palloys Group of companies founded in 1972 and 1951 respectively.
This list of bullion dealers includes notable companies and organizations that deal in precious metals, such as gold and silver. This list is incomplete ; you can help by adding missing items . ( September 2014 )
In 2016, ABC Bullion, a Pallion company, was awarded the rights to make the Melbourne Cup. The winning trophy contains 1.65 kg of 18-carat gold estimated at over $200,000. The cup is produced by W. J. Sanders, a sister division within Pallion and takes over 250 hours to produce. W. J.
The sizes of bullion coins range from 0.1 to 2 troy ounces (3.1 to 62.2 g), with the 1 troy ounce (31 g) size being most popular and readily available. [citation needed] The Krugerrand is the most widely held gold bullion coin, with 46 million troy
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 27.4 lb) nominal weight. However, its precise gold content is permitted to vary between 350 ozt (10.9 kg; 24.0 lb) and 430 ozt (13.4 kg; 29.5 lb).
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