What is the best way to store bullion?
For anyone new to bullion, the question of how and where to store precious metal bullion coins and bars can be a perplexing one. When making this decision, buyers should consider the following three factors: size, security and liquidity. Size Bullion products come in a variety of sizes and weights, which often determines their suitability for certain storage locations. Some precious metal bars, for example, can weigh up to 70 pounds. For practical reasons, those interested in purchasing bulk quantities of bullion will probably want to enlist the services of a registered precious metal storage facility. Those looking to keep their purchase closer at hand may want to consider purchasing smaller sized precious metal bars or bullion coins, which can be stored and transported more easily. Security If a buyer’s greatest concern is security, registered storage facilities, as well as many banks, offer vaults devoted exclusively to safeguarding bullion commodities. Typically, these facilities o