Can APMEX Safely Store My Gold and Silver?
If you are investing in precious metals without a precious metal Individual Retirement Account (IRA) and you do not have a custodian to securely store your gold and silver. You may be wondering about the securest place to store your holdings.
Do you store gold in your home, in a safe deposit box, or vaulted in a bullion bank?
If you store your precious metals at home, you should know that most homeowners’ or renters’ insurance policies only offer minimal coverage for precious metals.
APMEX Offers Secure Precious Metal Storage
Citadel Global Depository Services, Inc., a wholly owned subsidiary of AMPEX, offers customers a first-in-class, secure storage solution. Brinks, one of the planet’s premier security companies, manages the domestic storage for Citadel.
When you use a safe deposit box to store precious metals, the bank does not insure the contents. With Citadel, your precious metals are fully protected against theft, loss, and damage.
There will be no chance of confusing your items with those belonging to another customer since all customer products are segregated and allocated to individual sub-accounts.
When you buy precious metals from APMEX, your newly purchased products can be sent directly to Citadel for safe storage.
Besides protecting your precious metals with state-of-the-art facilities and technologies, there are money-saving advantages to using Citadel.
Zero Shipping Costs: If you order over $500, your AMPEX order will be shipped to the facility for free.
Low Monthly Fees: Monthly storage fees start at only $15. The storage rate is only 0.55% of the portfolio value billed annually. You can estimate your storage costs by using our calculator.
Flat Fee Rate for Verification: For additional assurance, Citadel will verify one to 1,000 coins for $100 per storage request.
