What is Bullion Storage?

Bullion storage is the process of storing precious metals such as gold or silver. When you purchase and invest in precious metals, you need to take special care to make sure to have safe storage for your investments. This storage can be done at home, at a bank, or at a third-party bullion storage facility. Each one of these storage methods comes with their own pros and cons. 

For example, the main advantage of storing your precious metals at home is that it’s free for you to do, and will give you instant access to your precious metals should you need to liquidate your positions quickly. The main disadvantage of storing bullion at home is the risk of theft and fire, so you’ll need to make sure to fully insure your metals against these risks.

Bullion storage is the ability to safely and securely hold your valuable investments without fear of loss or theft. Whether you want to store your precious metals at home, in a safe deposit box, or at a third-party depository, there are plenty of options to choose from.

The most obvious choice for many investors is a secure vaulted solution provided by a trusted and reputable provider, such as SilverBuillio. The most common form of this type of storage is a security vault that offers both physical and electronic protection for your gold bars, silver coins, platinum bullion and palladium.

However, you should consider a variety of different factors before making any decision about where to store your precious metals. For example, you’ll need to consider the size and value of your metals, as well as the location of your home and the level of safety and security available in your community. This will help you make the best choice of storage for your needs and budget.

How do you store it?

Whether it’s for investment or a collection, bullion metals need a place to live. There are a lot of options, from hiding it in your backyard to posh steel-lined vaults.

But before you buy a safe, make sure to consider your needs. Gold and silver take up a lot of space, so you might need a bigger safe than you think, and you might not even have enough space in your house to store all the metals you’ve purchased. 

You also need to decide if you want your coins or bars stored together, or separately. It’s better to store them in separate containers – especially for bars, which can be prone to tarnishing.

If you decide to store your bullion at home, avoid storing it in a plastic or PVC container, sleeve or bag, as these are known to release acidic gasses that can destroy your precious metals. Instead, use an encased or sealed container, such as a Mylar capsule or a box with silica gel in the bottom.

How do you get it out?

If you store your precious metals in a secure vault, you don’t have to worry about them escaping your care. The security measures in place at these places are often geared towards keeping your coins and bars safe from robbers.

Alternatively, you can choose to have your bullion stored with other investors’ metals in an “allocated” or segregated storage location. This is a good choice for people who want to keep their coins and bars in their names but not necessarily the exact same ones that they put into the vault.

This storage solution is a lot less expensive than a personalized bullion depository service, but it does come with some risks. For example, the company you use to store your metals may not be able to allocate your metals correctly. This can result in a loss of value and potentially cause you to lose the money you invested in the bullion. Additionally, the risk of theft is greater because of the lack of security measures in place at these facilities.

How do you get it back?

When you want to retrieve your bullion (or coins), there are a few ways that it can be done. The most common method is called segregated storage, and is essentially a safe deposit box for your precious metals. When it is time to take your gold out, a vault officer will pull it from the safe and deliver it to you.

While segregated storage is not for everyone, it is still a solid choice for those looking to protect their investment. The best way to do this is by choosing a trusted and reputable vault, which will provide you with the peace of mind that your precious metals are well taken care of. When you are comparing the many different options available, consider the type of service and the location of the vault. For example, if you are in the market for a secure vault near your home or office, it is best to choose a reputable and locally owned establishment.

There are many options for you to choose to safely store your bullion. Make sure to consider the options thoroughly and make the best choice for your unique situation.