What it is
Unallocated storage is a solution where your precious metals are held as part of a pooled holding.
You have a claim to metal by weight, not to specific bars or coins.
We back the pooled holdings with physical bullion and manages the logistics and insurance.
Why choose it
Unallocated storage is designed to be:
Easy to start and add to
Fee-free on an ongoing basis – no annual storage fees
Fully insured
No redemption fee
Statement of Holdings available for audit purposes
Audited periodically
It suits customers who:
want exposure to bullion without worrying about bar/coin selection, and
prefer no ongoing storage fee, focusing instead on simple entry/exit, and
prefer no fee when redeeming.
Your options in the future
From unallocated storage you can:
Redeem to physical
Convert your unallocated balance into physical bars or coins. Free option available.
Sell
We buy back at our published buyback rates at the time you sell.
Your balance is reduced accordingly and proceeds are paid out.
Fees, limits & notice
Minimum per transaction: $5,000 (applies to buy, sell, or redeem).
Notice period for redemption: Allow 2 business days for us to process physical redemptions from unallocated storage.
Standard redemption: No fee if you accept bars of our choice. We generally use the largest available bar sizes and do not guarantee a specific brand.
Redemption in 1kg/1oz Ainslie bars: Bars are supplied as 1kg Ainslie silver bullion and/or 1oz Ainslie gold bullion.
Barring fees:
$35 per kilogram for silver
$15 per ounce for gold
We aim to facilitate these redemptions as quickly as possible. In some cases, repouring may be required, which can take up to 3 weeks, depending on the redemption size.
Redemption in other bars of your choice: You may request specific bar sizes or brands.
A custom barring fee applies (please enquire for pricing).
We aim to facilitate these redemptions as quickly as possible. In some cases, repouring may be required, which can take up to 3 weeks, depending on the redemption size.
Important notes
Requests for specific bars or products are always subject to availability and may require extra time to fulfil.