Author Box
Articles Categories
All Categories
Articles Resources

Storage Options For Your Precious Metals

February 18, 2012 | Comments: 0 | Views: 157

Keeping your silver and or gold precious metals safe from theft will of course be the most important reason for obtaining secured storage when you're buying precious metal. Let's review what storage options for physical precious metals are available in detail.

Safety Deposit Boxes

Here is one way an investor might think they're getting the best deal in town as rental fees for safety deposit boxes are inexpensive on an annual basis. However you should never store any precious metals inside safety deposit boxes that are located within a bank vault for the following two reasons.

1. Contents stored inside safety deposit boxes are usually never insured, no one but the owner knows its contents.

2. In the event your bank fails due to another financial or economic crisis (highly likely if the dollar goes bust) the banks doors will be locked, it could be months before you have a chance to get into your safety deposit box. At this time, it is also likely nothing will be left in your box due to reason number one.

Home Storage Option - Safe's

Many people want to keep their precious metal purchases at home for any number of reasons. If you choose this storage option it is wise and important to select a high quality, high security - burglary /fire rated safe of an appropriate size to meet your personal storage requirements. Most of these safes will have anchor down holes pre-drilled so they can be anchored into the floor. It is wise to choose an appropriate place for your safe to be placed and anchor it down. Don't expect some safe on sale at a local home center from $200.00 to $500.00 to guarantee the safety and security of your precious metals stored within them.

It is also highly advised to consult with your insurance company first, to see if you can obtain fire and theft coverage. It would not be a wise idea to store your investment in your home uninsured, but the ultimate decision of course would be yours and yours alone. Never let anyone know your storing precious metals in your home.

Precious Metal Depositories

These are private vaults operated by companies where you can have your coin or bullion stored either on a monthly basis or long term on an annual basis. These vaults are 100 percent secure and will include insurance to cover against theft, fire or other natural disasters. You will find depositories located in the United States as well as other countries such as Zurich Switzerland, Hong Kong or London. Two well known precious metal depositories are Brinks and Via Mat. There are three different types of storage options available that include non-segregated storage, non-segregated allocated storage and fully segregated storage.


Segregate - (v) to separate or set apart from others of the general mass, to isolate or divide. Segregated Vault Storage - (n) type of vault account where one's holdings are separate, excluded, and apart from others.

Non-Segregated Storage

Non-segregated storage means your gold or silver coin or bullion will actually be stored along with other people's gold and silver in the same vault in the same place. For example your investment might be a fraction of one 400 ounce gold bar. Someone else might own the rest of that bar or a group of other people will own portions of that same bar. Your investment is not clearly defined by a certificate of ownership. Although this is the cheapest storage option for insured vault storage available, it is not a recommended choice because you really do not want your metals mixed with other people's metals.

Non-Segregated Storage/Allocated

This means that while your metals are stored with other people's metals the metal you own, is only in your name. You are issued a certificate of ownership. This clearly states where your metal is located and by serial number what portions of a bullion bar or bars is yours. Therefore your metal investment is clearly defined. If you cannot get allocated storage do not use this type of storage. On the other hand if it is allocated then you will have the benefit of safe, secure, insured storage but at a reduced storage price. Do understand however you're sharing your space with other people's investments. This is a very good option for someone looking to save money in storage fees but still have a very high level of safety and security for their investments.

Fully Segregated Storage

With Segregated Storage your gold or silver coin or bullion will be stored in an individual section or area of the vault and your gold or silver separate from or not mixed with precious metal owned by anyone else. You will have a certificate of ownership designating you as the owner of the metals stored in a specific location. This is the best option for precious metals storage available, however at a higher cost.

Tom Genot

For information, news, articles and videos to invest in gold and silver and where the best places are to buy it. You will also find information for preparing and protecting you, your family and your assets from the pending economic crises and destruction of the US. Dollar. Author Tom Genot provides information and resources helpful to everyone. Insure your prepared beforehand, check us out at

Source: EzineArticles
Was this Helpful ?

Rate this Article

Article Tags:



Precious Metals










Private Vaults


Segregated Storage


Economic Crisis

Forex dealing is dealing in currency trading and basically includes dealing in foreign exchange while the stock market dealing is the dealing of stock in a standard market market. The two types of

By: Anil Mali l Investing > Stocks l October 25, 2012 lViews: 243

Investments in silver metal can be done by several ways. The article talks about the best ways of silver investments. Silver, the precious metal has always attracted investors for several reasons.

By: Kyles Humphrey l Investing > Gold Silver l August 17, 2012 lViews: 304

The article offers reasonable reasons for high oil prices. Crude is indispensable and it is a great source of energy. The prices on oil keep on altering, sometimes it is too high and sometimes it

By: Kyles Humphrey l Investing > Stocks l August 17, 2012 lViews: 286

Many investors are unaware of new tax that will be levied as part of the Supreme Court’s decision to uphold President Obama’s health care reform. The investment tax, as it is being referenced,

By: Ben Esget l Investing > Retirement Planning l July 17, 2012 lViews: 405

A few months ago, I was at Starbucks talking to someone about stocks and bonds, he and his wife had worked hard and were worried about the stock market. They wanted something much less risky. He

By: Lance Winslow l Investing > Stocks l July 11, 2012 lViews: 433

The first step in the risk management process is to acknowledge the reality of risk. Denial is a common tactic that substitutes deliberate ignorance for thoughtful planning.

By: Lawrence Tepper l Investing > Retirement Planning l July 10, 2012 lViews: 240

Investments in silver metal can be done by several ways. The article talks about the best ways of silver investments. Silver, the precious metal has always attracted investors for several reasons.

By: Kyles Humphreyl Investing > Gold Silverl August 17, 2012 lViews: 304

Gold investment is basically the use of the mineral gold as a form of investment. In most cases it would be acquiring gold bars, coins, certificates, accounts and other forms to which it would grow

By: Samantha Linl Investing > Gold Silverl July 10, 2012 lViews: 338

In 2010, the hottest metal investment around was gold, but that changed in 2011 when silver once again came into the spotlight. At the beginning of 2012, silver emerged as the early favorite to

By: Philip Albert Edmonds-Huntl Investing > Gold Silverl July 10, 2012 lViews: 313

One of the world's most popular silver bullion coins, the Silver Maple Leaf has been minted by the Royal Canadian Mint since 1988. It is one of the purest silver bullion coins on the market - 1 ounce

By: Les Kendalll Investing > Gold Silverl July 09, 2012 lViews: 223

There are three primary ways to sell gold. Your ultimate satisfaction with the transaction depends on which method you personally find most comfortable.

By: Aaliyah Arthurl Investing > Gold Silverl July 06, 2012 lViews: 209

Gold as a metal has unique properties - did you know that you can beat gold leaf out so thin that it's almost transparent? Also, gold can withstand strong acids that would erode other precious

By: Mike Francisl Investing > Gold Silverl July 05, 2012 lViews: 201

Defining inflation is the slow and on-going price increase of commodities, goods and services observed over a long period of time that reflects rising annual costs for manufactures and consumers.

By: Tom Genotl News & Society > Economicsl April 21, 2012 lViews: 298

Inflation is a serious problem that will affect any society over time. Serious monetary stresses are created that will affect the most basic of needs such as food for your family to eat, fuel for

By: Tom Genotl News & Society > Economicsl April 07, 2012 lViews: 161

The Federal Reserve is one of the largest problems facing America today. The one question many people ask is what does a Federal Government Bank have to do with our nation's problems? For starters it

By: Tom Genotl News & Society > Economicsl March 30, 2012 lViews: 182

For decades now, the world has been partying wildly, while drinking from the proverbial punch bowl of good times. Ever since the gold window was closed by President Nixon in 1971 governments have

By: Tom Genotl News & Society > Economicsl February 25, 2012 lViews: 157