The Royal Mint Vault
On the 11th December 2012 the Royal Mint launched details of its new service offering ‘The Royal Mint Vault’ at their original home the Tower of London.
A small number of attendees were invited to the exclusive launch event at the New Amouries, where they gathered to witness a presentation introducing both the Royal Mint Vault service and also changes to 2013 Gold Britannia coin.
The Royal Mint Vault service offers ‘discreet bullion storage in one of the most secure locations in the UK’. The Royal Mint Vault also offers ‘the facility to own and store gold bullion privately and securely within the Royal Mint Vault. The Royal Mint Vault resides behind the gates of a secured facility, guarded 24/7, 365 days a year by the Ministry of Defense, offering unrivaled security and a service promising absolute confidence and discretion’.
Additional Services from the Royal Mint Vault
Royal Mint Vault Coin Ownership
Coins purchased for storage at the Royal Mint Vault are done so on a ‘fully allocated’ basis, meaning that individual coins are owned privately by the individual with the option to remove these bullion coins and take a delivery of the physical gold owned. Each purchase is accompanied by a certificate guaranteeing ownership for coins that the individual has bought to be stored in the Royal Mint Vault.
Royal Mint Vault Stored Coins Buy Back
Also offered is a ‘buy back’ service for new gold coins bought and stored in the Royal Mint Vault, giving customers the flexibility to be able to liquidise their asset on request.
LBMA Good Delivery Royal Mint Vault Storage
As well as gold bullion coins purchased from the Royal Mint, customers can also elect to have their LBMA Good Delivery bars stored at the Royal Mint Vault. At the time of writing this service has not been launched but we expect this to be available at the Royal Mint Vault from early 2013.
Hatton Garden Metals Services
Hatton Garden Metals are an authorised stockists of Royal Mint products and as such can supply the 2013 Gold Britannia and the 2013 Gold Sovereign as well as other products in the Royal Mint portfolio (subject to vailability and minimum order level). These coins have the benefit of being exempt from Capital Gains Tax and VAT due to their status as legal tender. We are currently awaiting further details and pricing of the new Royal Mint Vault service offering and will look at the possibility of offering services based on this later in 2013. For further details about the Royal Mint Vault service, or any other services from the Royal Mint please feel free to contact us where we will do our utmost to be of assistance.