The Perth Mint Depository offers three options for storing precious metals , including allocated , pool allocated or unallocated metal .
BUT WHAT DOES THIS MEAN ?
Allocated storage
Allocated bars are available in gold and silver . When you buy allocated bars , we place them in The Perth Mint Depository vault with your title attached to those specific bars . They are removed from our working inventory and cannot be bought by other customers .
Cast bars are one of the most cost effective and convenient ways to buy precious metals . You can buy 99.99 % pure gold cast bars in weights ranging from 1oz to 50oz and 99.99 % pure silver from 10oz to 1,000oz through us . All cast bars feature our LBMA accredited stamp to ensure they are tradable internationally . These can be placed securely in our depository .
When buying allocated gold and silver , you pay for the ounces of precious metal , the fabrication fee for the cast bar and the ongoing storage fees .
This can be a good option if you are looking for lower ongoing storage fees and reduced fabrication costs . Clients can choose to convert their pool allocation to an allocated bar if they want to , subject to the fees associated with allocated storage .
Unallocated storage
With unallocated storage , you can choose to purchase ounces of silver , gold or platinum from our working inventory . When buying unallocated , you only pay for the precious metal as there are no fabrication or storage fees .
BUT WHAT DOES THIS MEAN ?
Here at The Perth Mint , we have a longstanding reputation for our quality products and our commitment to responsibly sourced precious metals . Not only that , we are owned by the Government of Western Australia , with all precious metals holdings backed by a government guarantee under WA legislation . This means we are one of the lowest risk preCious metals enterprises in the world .
Pool allocated storage ( silver only )
When opting for pool allocated storage , clients have the option to purchase 1,000 ounces of silver . Pool allocated storage does not allocate an actual bar to one particular person , rather you are purchasing the ounces in a pool of bars shared with other clients .
For more information visit perthmint . com / storage
| 14