1 Kilo Southern Cross Silver Bar

Australia's LBMA-Accredited Refinery Meets Coin-Quality Design

The 1 Kilo ABC Refinery Southern Cross Silver Bar comes from ABC Refinery, Australia's largest gold refinery and the only LBMA-accredited refiner in the country. ABC Refinery is part of the Pallion group, which also encompasses ABC Mint, the division responsible for producing the Southern Cross coin collection launched in June 2025.

The Southern Cross name references Australia's most iconic constellation (Crux), which appears on the national flag and has served as a navigational symbol in the Southern Hemisphere for centuries. The bar carries .999 fine silver, produced from Australian-mined precious metals refined domestically by ABC Refinery, offering a complete Australian provenance chain from mine to finished product.

For Australian buyers specifically, the ABC Refinery brand carries significant weight. As the country's only LBMA-accredited refiner, their products are recognised globally for trade and resale, while also qualifying for GST-free treatment as investment-grade bullion. The 1 kilo format is the international standard for large-format retail silver, and ABC Refinery's LBMA accreditation means their kilo bars are accepted by dealers and vaults worldwide, not just domestically.

1 Kilo Southern Cross Silver Bar Specifications

ABC Refinery (a division of Pallion) is Australia's largest gold refinery and holds LBMA Good Delivery accreditation, placing it among the world's most trusted refiners. The Southern Cross silver bar carries the same refinery credentials as their standard bar programme, with the addition of the Southern Cross branding and design elements drawn from the coin collection launched in 2025.

The related Southern Cross coin collection (produced by ABC Mint, the sister division) features .9999 fine silver coins struck as Niue legal tender. The bar format uses .999 fine silver, following standard industry practice for silver bars. Both products use Australian-mined metal refined by ABC Refinery, maintaining the domestic provenance chain that is a key selling point for Australian investors.

Tax Position for Australian-Refined Silver Bars

As an LBMA-accredited Australian refiner product at .999 purity, the Southern Cross kilo bar has clear investment-grade status in its home market and internationally.

• Australia: GST-free for investment-grade silver at 99.9%+ purity from accredited refiners. ABC Refinery's LBMA accreditation and .999 purity meet this criteria. Capital gains subject to CGT with a 50% discount for holdings over 12 months. No CGT exemption exists for bullion bars in Australia.
• New Zealand: GST-exempt for silver at 99.9%+ purity. The ABC Refinery bar meets this threshold. ABC Bullion products are available through NZ dealers.
• Singapore: GST-exempt under the Investment Precious Metals scheme for silver at 99.9%+ purity from LBMA-accredited refiners. ABC Refinery's accreditation qualifies.
• Hong Kong: No sales tax, no import duty, no capital gains tax.
• United Kingdom: 20% VAT on all silver bullion. No CGT exemption for bars. ABC Refinery products are less common in the UK market but are recognised through LBMA channels.
• United States: No federal tax. State exemptions apply. IRA eligibility likely given LBMA accreditation and .999+ purity, though confirm with your custodian.
• Canada: GST/HST exempt for silver at 99.9%+ purity.

The LBMA accreditation is particularly relevant for tax purposes in jurisdictions that specify "investment-grade" criteria based on refiner recognition. In Australia, the Tax Office has clear guidelines on what constitutes investment-grade precious metals, and LBMA-accredited refiner products are unambiguously included.