Anonymous Storage of Gold and Silver

 

You would not like to store your precious metals at home for reasons of space or safety or you are looking for an additional storage location? And preferably, the whole thing should proceed anonymously, in order that your e.g. goods purchased anonymously over the counter stay anonymous further on during the storage?

Starting from an order volume of 5,000 EUR, we offer you a custody service for your physical gold and silver.

 

 

How it works

New order through our online shop: Please choose 'insured custody' during the order process. All further information and the contract conditions are then sent to you by e-mail.

New purchase over the counter: Would you also like to store any goods, that you buy newly from us, (anonymously) at our premises? Please communicate this to us in advance then, in order that we can schedule a correspondingly large time frame for the appointment.
 
Storage of previously purchased goods: Would you like to store any goods, that you have purchased previously from us or from somewhere else, (anonymously) at our premises? Please communicate this to us in advance then, in order that we can schedule a correspondingly large time frame for the appointment.

 

 

Completely insured custody: storage of gold and silver

Thereby, your precious metals are stored in stable safes outside of the banking system. Storage location is Freiburg im Breisgau. The precious metals stored for you at our premises are fully insured!

You can take out your precious metals - even partly - at any time, have them shipped insured at your premises, or resell them to us.

Once a year, you receive a statement of your stored precious metals.

 

 

Anonymized data

'What the eye does not see, the heart does not grieve over' - According to this principle, many customers from Freiburg, Southern Baden, Northwestern Swizerland, and Alsace use the opportunity to purchase gold and silver anonymously over the counter from Edelmetalle direkt in Freiburg.

Precisely for anonymity and a maximum of discretion are that important to our customers, we offer the anonymization of the personal data as an additional option also for the custody service.

Thereby, each storage customer obtains his own storage customer number. The complete original contracts with all the personal data are outsourced to a contract lawyer, who stores them securely in his safes. Only a stock list from every storage contract with the corresponding storage customer number remains at Edelmetalle direkt, from which the personal data cannot be taken out, but where the goods that correspond to this storage customer number are stated.

The goods stored in our safes are labelled as well with the storage customer number.

Since there are absolutely no clues to be found at our premises about with whom the respective storage customer number is associated, your anonymity is perfectly guaranteed.

This means for you that, e.g. in the case of a robbery, the thief could admittedly steal your goods, if he overcomes the extensive safety arrangements, but he does not know afterwards where he could possibly take away more. This protects you possibly against undesirable visits of thiefs who know that you own precious metals. And your goods stolen at Edelmetalle direkt are indeed insured! 

Without an anonymization, like it is usually the case for most of the other suppliers of custody schemes or for banks, it is sufficient for the observer to simply take a look in the stock list to know who is owner of precious metals and, in case of an appropriate criminal energy, where he can take something away.
 
Concrete example: If there is only 1 black sheep under 100 storage customers, which the authorities would like to trace with good reason and therefore ask for an insight into the stock lists, beside the data of the 'black sheep', the authorities also receive automatically the data of the other 99 legal owners of precious metals when controlling the stock lists. What this data is used for is a matter of speculation. In each case, the previously desired and guaranteed anonymity is gone.
 
Not with Edelmetalle direkt! Only if there is the suspicion of a crime, the authorities can naturally make inquiries. Therefore, however, they have to proceed specifically. Our contract lawyer only provides the data, if a judicial decision exists. Namely, only the data for which the judicial decision exists, not automatically together with the ones from all the other storage customers.
 
With the anonymization of your data, it is consequently guaranteed that nobody gets to know without your permission if and possibly how many precious metals you own.

 

 

Outside of the banking system

Many of our customers 'park' a more or less large part of their savings in precious metals, because they do not unconditionally trust the currency, the politicians, and the banks anymore.
 
There are already plans laying in the drawer of the IMF, the EU, and the Federal Government for the compulsory expropriation of the savers. Legally, in this respect, everything is 'cut and dried' and it is only a matter of time when the so-called 'Bail In' comes. Cyprus sends its regards and is considered as a test run.
 
Insofar, it is paradoxical if on the one hand I mistrust the banking system with good reason and therefore also invest in physical precious metals, but on the other hand I store exactly this 'safe-haven currency' with exactly those banks.
 
Please also consider that you possibly have to wait longtime in the case of a potential bankruptcy of your bank until the insolvency administrator offers you an appointment for vacating your lock box. During the waiting time, you have no access to the precious metals. The vacating of the lock box possibly takes place in the presence of a tax officer.
 
An officially ordered, compulsory inventory of your lock box content can also not be ruled out and is already discussed in politics.
 
In this sense, it is logically consequent if one stores his precious metals outside of the banking system.
 
Edelmetalle direkt offers the fully insured and anonymized custody of gold and silver outside of the banking system.

 

 

Storage and inspection

If you would like to use our custody service for gold and silver, the goods are stored in safes at our premises, which are secured according to the insurance specifications.
 
On entry into storage, the goods are inspected for authenticity and state of preservation in a multi-stage procedure. The quantity, as well as the sort and, if necessary, the age group of the coins or the number of bars and obviously the current value at the time of entry into storage are registered in the stock list with your storage customer number.
 
The fee for the custody service is calculated from the value and the chosen sort of custody. With the payment of the storage fee for the first year, the stored goods are fully insured up to this amount until the end of the storage year. Our storage year begins on 1 July and ends on 30 June of the following year. If you enter during a storage year, you pay the storage fee proportionally in full months. Example: You store the goods on 20 October. In this case, you pay the custody fee proportionally for 9 months until the end of June of the following year.
 
On request, you can also pay the calculated fee for the custody in cash and - provided the amount does not exceed 9,999 EUR - as well anonymously! You therefore receive an invoice document with your storage customer number without further personal data.

 

 

Removal from storage and partial removal

During the storage year, you can arrange for your precious metals stored at our premises to be removed from storage at any time - in consideration of our opening hours and the contractual agreements. A partial removal is possible too.
 
You simply arrange an appointment with us and collect the desired goods directly at our premises. Alternatively, the person authorized by you can undertake this step for you.
 
A refund of the custody fee already paid in advance in the case of removal from storage or partial removal before the end of the current storage year (30 June) is unfortunately not possible.

 

 

Duration and increase of the insured amount

Our storage year begins on 01 July and ends on 30 June of the following year. If you enter during a storage year, you pay the storage fee proportionally in full months.
 
Example: You store the goods on 20 October. In this case, you pay the custody fee proportionally for 9 months until the end of June of the following year.
 
The insurance coverage starts with the entry into storage and the payment of the 1. fee.
 
The insurance coverage is principally limited to the value of the stored precious metals at the time of their entry into storage. This is documented in the stock list.
 
If the value increases in the course of the storage year, you can adjust the insurance coverage upwards according to our fee list at any time.
 
By the end of the old storage year, you receive an updated inventory list. You can then adjust the insurance coverage upwards or downwards, if necessary.

 

 

Collective custody

We offer the custody service in 2 different versions.
 
In the case of the lower priced collective custody, you reacquire the goods stored by you by quantity and sort. However, it may be the case that they are not exactly the same pieces, but e.g. that they date back to a different age group.
 
Example: You store 5 x 1oz Krugerrand gold coins and 500 x 1oz Maple Leaf silver coins at our premises. You then also finally get back 5 x 1oz Krugerrand coins and 500 x 1oz Maple Leaf silver coins, but possibly of other age groups.
 
With the collective custody, you allow us, if necessary, to use your coins as an intermediate buffer for a short time, if, for once, we do not have a sufficient quantity in stock. Naturally, the used coins are reordered immediately from the wholesale.

 

 

Single custody

In the case of the single custody, you reacquire exactly the same coins or bars that you have given to us. We are explicitly not allowed to use these coins for buffering stock shortages for a short time.
 
Single custody is especially advisable for collectors' coins, collectors' items or pieces with an additional ideational value - beside the absolute precious metal value.

 

 

Fees and payment

Collective custody is lower priced than single custody.
 
Our storage year begins on 1 July and ends on 30 June of the following year. If you enter during a storage year, you pay the storage fee proportionally in full months.
 
Example: You store the goods on 20 October. In this case, you pay the custody fee proportionally for 9 months until the end of June of the following year, so 9/12.
 
For the option 'anonymization', you pay 30 EUR plus VAT per year, irrespectively of the value of the stored goods and the time of entry into storage.
 

SORT OF CUSTODY	FIXED CUSTODY RATE
Collective custody	1.0 % of the storage value p.a. plus VAT
Single custody	1.5 % of the storage value p.a. plus VAT
Anonymization (optional)	30.00 € once p.a. plus VAT