Texas Precious Metals Depository
We offer long term storage solutions at Texas Precious Metals Depository for individual investors as well as IRA customers. Texas Precious Metals maintains class 2 and class 3 equivalent vaults in our high-security underground Texas facility which is fully insured by Lloyd’s of London.
Why the Texas Precious Metals Depository?
- No Setup Fees
- No Withdrawal Fees
- Low Monthly Rates
- 100% insured by lloyd's of london
- no outsourced security
- fully segregated storage
Account Setup Process
There is a simple 3-step setup process for securely purchasing and storing your precious metals. Click the button below to learn more.
LEARN MOREwhat are some of the advantages of storing at Texas Precious Metals Depository?
Storage of gold, silver, platinum and palladium is private, fully segregated and individually sealed. Metals are never commingled or allocated.
Our Lloyd’s of London Insurance policy covers the full value of metal contents in the facility and adjusts to prevailing market rates. Insurance protection covers external theft, employee theft, fire, flood, and other natural disasters. Storage contents are audited annually by San Antonio firm ADKF.
Our underground facility is outfitted with bulletproof doors, metal detection, man traps, truck traps, biometric access, armed security, 24/7 surveillance, and three layers of concentric protection. Facility operators employ best practices such as dual controls, segregation of duties, chain of custody monitoring, and 5S methodology. All security personnel are employees of TPMD (no outsourced security)! Facility alarms are tied directly to local and county law enforcement situated within one mile of the depository.
Frequently asked questions
Our facility and the assets it holds are 100% insured against all physical loss, theft, damage, or other liability by Lloyd's of London. We do not outsource any of our client storage. Therefore, we are able to certify at all times that you are receiving the highest quality protection.
No. The Texas Precious Metals Depository offers only segregated storage. From the moment your precious metals enter our facility, you can be certain your holdings remain segregated at all times.
Texas Precious Metals Depository provides an accounting statement at the end
of
each billing cycle. Additionally, each transaction is accompanied by a
certificate of receipt and an inventory update. If at any time you wish to
have
an account update sent to you, customer service will be happy to provide
that
information.
If you wish to inspect your holdings in person, you are free to make an
appointment to do so.
Texas Precious Metals Depository stores all types of gold, silver, platinum, and palladium coins, bars, or rounds. Additionally, we can store certain specialty items at a client-designated insured value. Please contact us for more information.
Clients must first contact customer service and complete the shipping request
document. We will gladly help you organize shipment to your desired location
or
prepare your metals for pick up at our facility.
Except for items that are sold to Texas Precious Metals (which incur no
shipping
charge), all metal that is withdrawn from the depository ships within 2
business
days of withdrawal request via UPS Next Day Air Shipping (or FedEx equivalent), fully insured.
Shipping rates are discounted using TPMD’s corporate rates.
For inquiries related to buying or selling precious metals, please contact Texas Precious Metals at 361-594-3624 (Option 5).