1 Kilo ABC Refinery Silver Bar

The 1 Kilo ABC Refinery Silver Bar

The 1 Kilo ABC Refinery silver bar is produced by Australia's only independent LBMA-accredited gold and silver refinery, based in Sydney. ABC Refinery (part of the Pallion group) has operated since 1978 and holds accreditation from the LBMA, COMEX, and the Shanghai Gold Exchange, placing their products at the highest tier of internationally recognised bullion. The bar is refined to 999.5 millesimal fineness, exceeding the standard .999 purity offered by most competitors at this weight.

This is a cast bar, produced by pouring molten silver into a mould rather than stamping from rolled sheets. The casting process gives each bar a slightly unique surface texture and organic appearance characteristic of poured bars, while keeping manufacturing costs below those of minted (stamped) bars. The ABC Bullion swan logo, weight, purity, and serial number are stamped into the solidified surface.

For Australian buyers, ABC Refinery bars represent the domestic benchmark for investment-grade silver. The bars are GST-free when purchased in investment form (meeting the 99.9%+ purity threshold for precious metals exemption), available through ABC Bullion's own retail stores in Sydney, Melbourne, and Brisbane, and widely accepted by every Australian dealer for buyback. The LBMA accreditation ensures the bars are equally liquid in international markets.

ABC Refinery 1 Kilo Cast Silver Bar Specifications

ABC Refinery's laboratories hold NATA (National Association of Testing Authorities) and ISO accreditation for assaying, providing independent verification of their purity stamps. The .9995 fineness slightly exceeds the .999 minimum required for LBMA silver bar standards and for investment precious metals tax exemptions in Australia, Canada, New Zealand, and Singapore.

The Pallion group (ABC Refinery's parent) traces its origins to the 1950s as Palloys, established by Felix Parry. Today it operates as Australia's largest independent precious metals services company, with ABC Refinery handling the refining operations and ABC Bullion serving as the retail and investor-facing brand.

Tax Treatment by Country

The ABC Refinery 1 Kilo silver bar benefits from strong tax positioning in several key markets due to its high purity (.9995) and LBMA accreditation. It is not legal tender and carries no CGT exemptions based on legal tender status in any jurisdiction.

• Australia (home market): GST-free. Investment-grade precious metals at 99.9%+ purity in a form commonly traded on commodity markets are exempt from the 10% GST. ABC Refinery's .9995 silver bars meet this threshold. Capital gains on disposal are assessable; Australia has no equivalent of the UK's legal tender CGT exemption for bullion. The 50% CGT discount applies if held for more than 12 months.
• United Kingdom: 20% VAT on purchase. Not CGT-exempt. Silver bars of any origin are treated identically for UK tax purposes.
• United States: No federal sales tax. State-level varies (~35 states exempt bullion). The LBMA accreditation and .9995 purity (exceeding the .999 IRA threshold) make this bar eligible for inclusion in a precious metals IRA through an approved custodian.
• Canada: GST/HST exempt for silver at 99.9%+ purity in bar form.
• Singapore: GST-exempt under the Investment Precious Metals scheme. Silver at 99.9%+ purity from LBMA-accredited refiners qualifies. ABC Bullion maintains a Singapore presence. No capital gains tax.
• Hong Kong: No sales tax, no import duty, no capital gains tax. ABC Refinery's Tael-weight variants target this market specifically.
• New Zealand: GST-exempt for silver at 99.9%+ purity in bar form. No formal capital gains tax.
• South Africa: 15% VAT applies to all silver bullion regardless of purity or refiner accreditation.

ABC Refinery vs Other 1 Kilo Silver Bars

The LBMA-accredited kilo silver bar market includes producers from Switzerland, Germany, Canada, and Australia. ABC Refinery competes at the top tier alongside names like PAMP Suisse, Valcambi, and Heraeus, with a particular strength in the Australasian market.

vs. Perth Mint 1 Kilo: Perth Mint is Australia's other major bullion producer, government-owned by the Government of Western Australia and LBMA-accredited since 1957. Perth Mint has greater international brand recognition, particularly in North American and European markets. ABC Refinery is independently owned (Pallion group), which some buyers prefer. Both produce high-purity bars accepted by Australian dealers; the choice often comes down to which dealer offers the better premium on the day.

vs. PAMP Suisse 1 Kilo: PAMP is the Swiss benchmark with arguably the strongest global brand recognition for minted bars. Their kilo silver bars are typically minted rather than cast, giving a more polished appearance at a slightly higher premium. ABC's cast bars are rougher in finish but may be priced lower. Both carry equivalent LBMA accreditation; the choice is aesthetic preference and price.

vs. Valcambi 1 Kilo: Another LBMA-accredited Swiss refiner offering kilo bars with clean, minimalist presentation. Valcambi bars have broad global distribution and recognition. ABC Refinery's advantage is primarily domestic: Australian buyers avoid any import chain and benefit from direct refinery-to-retail supply through ABC Bullion stores.

vs. ABC Refinery Cast Bar 1 Kilo: ABC produces both a standard kilo bar and a variant specifically branded under the "ABC Cast Bar" series name. The underlying product (weight, purity, origin, accreditation) is the same; the distinction is branding and potentially the specific mould used. Both carry full ABC Refinery assurance.