Australian Government regulations, Superannuation Industry (Supervision) Regulations 1993 and Superannuation Industry (Supervision) Act 1993, sanction the acquisition of rare coins and banknotes in Self Managed Superannuation Funds.
To ensure that your Fund is fully compliant with Australian Government Legislation, Coinworks provides the following services, at no charge:
Secure bank vault storage.
Insurance of your rare currency asset, arranged through Lloyds of London that is fully compliant with Australian Government Regulations for Self-managed Superannuation Funds.
It is the responsibility of the SMSF Trustee to determine the suitability of numismatic investment relative to the fund's goals. Coinworks can assist in the formulation of a Numismatic Investment Strategy.