World Class Secure Vault Storage
When purchasing any Bullion Beast or bullion from our website, you will be given the option to take home delivery or to store your precious metals in one of our secure storage facilities. Storage fees are paid on a subscription basis in advance, with no lock-in period. You can withdraw any time and even visit your gold to reassure and remind yourself why you bought it in the first place!
For those who have purchased a Bullion Beast in the secondary market or have previously taken home delivery and now wish to use Vault Storage, we can collect from your home address or it can be dropped off at our head quarters in Hong Kong, by appointment. A verification fee will be charged to confirm an item is genuine, after which your Bullion or Beasts will be added to our Vault system for long term storage. Please contact us for more information on this option.
Full legal ownership
Legal ownership of items stored in our vaults remains your own property. Your Bullion Beasts or bullion cannot be sold, transferred or removed without your approval.
Regularly audited
Bullion Beast Vaults are independently audited.
Request delivery at anytime
Request delivery any time! Postage fees at cost + transparent withdrawal fees.
Fully segregated & uniquely numbered
Each Bullion Beast is uniquely numbered and tracked to owners accounts.
Goods are fully insured
All items in our vaults are 100% insured, providing you with protection and peace of mind.
Highest level of security
Metals are stored at specialist approved vaults with multi-layered security features, providing a far safer option than home storage.
Gold Bullion Storage and Withdrawal Fees
Duration | Insured | Location | Cost | withdrawal fee |
3 months | Yes | Hong Kong | 0.3% Metal value (billed every 3 months) | 0.2% metal fee + shipping if requested |
6 months | yes | Hong Kong | 0.5% Metal value (billed every 6 months) | 0.175% metal fee + shipping if requested |
12 months | yes | Hong Kong | 0.8% Metal Value (billed every 12months) | 0.15% metal fee + shipping if requested |
Additional Fees
- Shipping fees: Charged at cost. Please contact us for a quote. Global and armed car deliveries available at additional costs.
- Collect in person from our vaults: By appointment. Allow up to 3 business days for items in long-term storage.
- Re-authentication of Bullion Beasts: HKD 250 per item (can take up to 48 hours).
Visit Your Gold Bullion or Beasts
At Bullion Beasts, we pride ourselves on our transparency. For ultimate peace of mind you can visit your gold bullion and beasts, as often as you wish.
Appointments are required at least 3 days in advance to ensure your gold can be retrieved from long-term storage. Viewings will be supervised in a secure room with video surveillance to ensure safe custody.
- A fee of HKD 800 (approx. USD 100) applies for each visit during business hours.
- For visits outside business hours, the fee is HKD 3,000 (approx. USD 400).
Home Storage
We recommend secure vault storage for most customers, however, there can be some advantages to home storage.
Ease of Access: Storing your gold at home ensures you have immediate access whenever you need it, whether in emergencies requiring liquidation or simply to showcase your collection.
Private Wealth: Keeping your gold at home, without any records, allows you to maintain complete privacy and keep your wealth out of the financial system.
Cost Efficiency: Home storage can be more cost-effective than professional storage, though you should consider the costs of insurance and purchasing a secure safe.
Disadvantages of home storage
- Specialist Insurance: Regular home insurance likely won’t cover the full value of your gold, requiring additional, potentially costly, insurance.
- Space Requirements: As your investment grows, so does the need for storage space, especially for gold bars.
- Security Responsibility: You must manage the risk of theft and damage, including from visitors. Be cautious about who you inform about your gold.
- Inconvenience in Selling: Transporting gold back to a dealer for sale can be less convenient.
Safety Deposit box
There are two types of safety deposit boxes: those offered by retail banks and a select number of private facilities near city centers.
While storing your gold at the bank may seem like the safest option due to its security benefits, there are several considerations to keep in mind:
Access to Your Gold: You can only access your gold during the bank’s opening hours, and even then, only when someone is available to open your box. It’s crucial to choose a location with flexible access times that suit your needs.
Security Track Record: Safety deposit boxes are not completely impenetrable, especially if the facility is frequently targeted. Most people prefer renting a box from their bank due to the enhanced security measures banks typically provide.
Disadvantages of safety deposit box
- Access: Limited to the bank or facility’s opening hours, often excluding weekends and evenings. Urgent or frequent access may be inconvenient, and private facilities may be far from home.
- Availability: High demand for privacy and gold ownership has made it difficult to obtain a safety deposit box if you don’t already have one.
- Vulnerability: Banks can fail, as seen in 2008, potentially complicating the retrieval of your gold. Private facilities may not offer the same level of security as professional precious metals vaults.
Vault Storage
If you want to know that your bullion is fully insured and handled properly, then you should think about taking advantage of vaulted storage. You really can’t put a price on peace of mind.
Security: Top-tier storage facilities, like Malca-Amit, offer exceptional security for high-value items, trusted by many banks and institutions.
Optimal Conditions: Vault storage ensures your gold is kept in optimal condition, free from concerns about materials contamination, handling, or environmental factors that could affect your items value.
Fully Allocated & Segregated Storage: Your bullion is stored separately and securely, ensuring your investments are ring-fenced both literally and legally.
Full Ownership: Storing your gold in a vault will not compromise your ownership; you retain complete control even while using dealer facilities and services.
Full Insurance: Unlike banks, reputable gold dealers provide full insurance for your stored metals, eliminating the need for additional policies.
Disadvantages of Vault Storage
- Expense: While the most secure, this is also the most expensive option to store you gold.
- Access: Takes more time to access and/or withdrawal your items from the vault.