The Delaware Depository is an exchanged-approved facility that provides world-class storage for physical precious metals to financial institutions and individual investors. It is the nation’s largest depository of precious metals outside of New York City, and is licensed with the CME Group (COMEX and NYMEX Divisions) for the storage of gold, silver, platinum and palladium.
The depository is in full compliance with the Internal Revenue Service’s requirements for IRA custody and safekeeping of precious metals, meaning that customers of Birch Gold Group can use the facilities to store their metals within a Precious Metals IRA. Coins that can be stored for such purposes include American Eagle bullion and proofs, Gold American Buffalos and Canadian Maple Leafs. In addition, any bar or round that meet fineness minimums per IRS Code are eligible as well.
Birch Gold Group customers have the privilege of storing their precious metals in high-security vaults that are in compliance with the Bank Protection Act and UL standards. They also have the option of keeping their metals in either of the depository’s locations in Wilmington, Delaware or Boulder City, Nevada. In addition, the depository maintains $1 billion in “all-risk” insurance coverage from Lloyd’s of London, including a $100,000 per packaged shipping insurance coverage.
The Delaware Depository does not lend, pledge or encumber any bullion that is in its care; all metals are fully allocated and off balance sheet. This means that customers are recognized as the sole owners and title holders of the metals that are stored in the facilities.
To learn more about the Delaware Depository, please visit www.delawaredepository.com