It often seems obvious to coin and bullion holders to store their belongings safely in a safe deposit box at the bank. However, there is an alternative form of safekeeping that offers at least the same level of security, but with many more advantages: renting a safe outside the banking system, from a company that specialises in providing private safes for private individuals and businesses.

This is particularly interesting for the storage of your precious metals.

It can be tricky to store your gold and silver coins and bars at home. Also, even if it can be interesting to store your precious metals in countries considered very stable on the geopolitical level: Switzerland, United Kingdom, Singapore, USA, etc..., your assets remain far from home and will not be easily recoverable in case of crisis.

Our partner Coffre Fort Privé offers its customers safes, outside the banking system, of various sizes at the best prices to suit every need.

Here are three good reasons to use their services.

Protection and ultra-security

Gold deposited in a bank is subject to the risk of bankruptcy of the financial institution or government confiscation. Both of these possibilities, although exceptional, have occurred in the past, as in Argentina in 2001, when the bankrupt government confiscated more than $70 million from bank vaults.

Specialised storage companies protect your gold from these situations and guarantee the availability of your assets, in case they have to stop their activity.

Flexibility of use

Another advantage is the flexibility and simplicity of managing your assets. Your precious metals remain available at all times and you can go to the safekeeping company to check your safe; you also have the possibility of organising your resales very easily and at rates that are much more competitive than bank rates.

Preservation and discretion

Professional safekeeping units offer optimal conditions for the preservation of your belongings, especially your precious metals.

 

If you would like to know more about our partner Coffre Fort Privé, please visit their website or contact them directly.