GoldSilver.com offers the highest level of security available in the precious metals industry, known as "segregated" vault storage. Our partnership is with the global leader in the armored truck and security services; the specific branch is in Salt Lake City, UT. More importantly, this depository is not part of the banking system and does not fall under the same laws and jurisdiction as the banks. During the week of 911, the government shut down the banking system, but this depository kept doing business, and shipping and receiving gold and silver. In fact, it is open 364 days per year... they only close on Christmas day.
Once the funds are received for your order, your gold and silver will be counted once, and then counted again by a different auditor, both under the watchful eye of video surveillance. They both must agree, and then sign the inventory list. Your precious metals are then placed into a container(s), and sealed (with the exception of U.S. Mint cases of U.S. Eagle coins, which are already sealed). They are then tagged with your name, account number, the contents, and then securely stored in the vault. Then they will mail you a certificate of storage that lists the items.
With this level of security the actual bars and coins that you bought are stored separately, and not mixed with anyone else's. If you ever want your metals shipped to you, just call and it will be on its way within 48 hours (excluding weekends). Even if ten years have passed, you will receive the exact same bars and coins that you purchased. Another advantage is that when you want to sell it back it's already in the vault system so it doesn't need to be assayed (saving the associated charges). And lastly, it's liquid and it's quick. There's no time lost in transit because it's already in the vault. When you sell your check will usually be mailed or a bank wire transfer completed within 72 hours. Sometimes if you sell back to us in the early morning, funds can be wire transferred into your account and cleared (available to write a check against) in as little as 24 hours.
The holdings are allocated to you and are not carried as an asset on the GoldSilver.com's books. Should we change ownership, or close for any reason, your precious metals are still safe, and they are still yours.
For more information call us at: 1-888-319-8166
Current as of Saturday 13 March, 2010 |
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| SILVER ITEMS |
STORAGE FEES |
| U.S. Silver Eagle 500 oz Sealed Mint Case * |
$0.24 per 500 oz Box per Day |
| U.S. Silver Eagle 1 oz |
$0.24 per 500 oz Box per Day |
| Canadian Maple Leaf Silver 500 oz Case * |
$0.24 per 500 oz Box per Day |
| Austrian Philharmonic Silver 500 oz Case * |
$0.24 per 500 oz per Day |
| 10 oz Silver Bar * |
$0.001782 per Bar per Day |
| A-Mark Liberty Silver Round * |
$0.24 per 500 oz Box per Day |
| Johnson Matthey 100 Oz Silver Bar * |
$0.0357 per Bar per Day |
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| GOLD ITEMS |
STORAGE FEES |
| 1 Kilo Johnson Matthey Gold Bar * |
$0.0713 per Bar per Day |
| Credit Suisse 10 Oz Gold Bar * |
$0.0416 per Bar per Day |
| American Gold Eagles 1 oz * |
$0.5345 per 500 oz per Day |
| American Gold Eagles - No Minimum |
$0.5345 per 500 oz per Day |
| Canadian Gold Maple Leaf * |
$0.5345 per 500 oz per Day |
| Canadian Gold Maple Leaf - No Minimum * |
$0.5345 per 500 oz per Day |
| South African Krugerrand * |
$0.5345 per 500 oz per Day |
| Gold Austrian Philharmonic * |
$0.5345 per 500 oz per Day |
| 1 oz Gold Bar * |
$0.5345 per Container per Day |
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| *Minimum Monthly Charge |
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| SILVER MINIMUM MONTHLY STORAGE FEE |
| 0 to 10,000 ounces |
$25.00 / month |
| 10,000 to 20,000 ounces |
$50.00/ month |
| 20,000 to 40,000 ounces |
$75.00 / month |
| 40,000 to 50,000 ounces |
$100.00 / month |
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| GOLD MINIMUM MONTHLY STORAGE FEE |
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$15.00 per month minimum per category until quantity exceeds $15.00 per month based on storage rates. |
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