What is a delivery order?
A delivery order is a title document that evidences the ownership of a precise, serial number identified bar of silver or gold bullion as well as to specific gold, silver or platinum coins that are packaged and that are sealed and have container unit that is numbered. The owner has the choice of storing the coins either in Switzerland, Zurich or Wilmington, Delaware. The place that is decided on verifies the deposit by countersigning the order that is delivered. The delivery orders are nonnegotiable certificates that can be transferred and that explicitly classify the metals handed over to the order’s owner and their actual location. The person who owns the order has the right to sell, assign, or collateralize the gold but is guarded against theft or loss due to the fact that it is nonnegotiable. These metals are completely insured by Lloyds of London. The Mocatta Metals Group is a worldwide trading consortium that was founded in 1671 and that specializes in precious metals and has off
