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Posted

GoldMoney introduces small bar ownership registration and delivery - 100g gold bars (~5,113 USD), 1 kilo silver bars (~926 USD).

Previously, segregated storage was not available. Segregated storage means individually owned bars, as opposed to allocated but unsegregated storage, which is partial ownership of a collection of metal. Unallocated means that the metal is fractionally reserved, or lent out.

Delivery was always available for very large LBMA good delivery bars (400 oz gold, 1,000 oz silver) and the smaller 100g gold bars, but the option for 1 kilo silver bars is new.

http://www.goldmoney.com/lower-fees-overview

  • 4 months later...
Guest NateC
Posted

Have you used this service?  I have about $1500 in an account and thinking about withdrawing that amount, buying some gold, and keeping the gold on my person.

Posted

Have you used this service?  I have about $1500 in an account and thinking about withdrawing that amount, buying some gold, and keeping the gold on my person.

I dont think this service is for you. They specialize in holding gold. They deliver only for large orders. You should be able to find a physical dealer nearby or even a bank that sells coins.

Guest NateC
Posted

I dont think this service is for you. They specialize in holding gold. They deliver only for large orders. You should be able to find a physical dealer nearby or even a bank that sells coins.

 

Ah, ok. Thanks.

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