Many of our clients choose to store their precious metals in a fireproof home or business safe. This is particularly popular for less bulky items such as gold bullion and rare coins, and where overall value is somewhat limited. It is not a great choice for storing silver, as it is both heavy and bulky. If you choose to store your holdings at home, consider insuring them against theft or damage.
Strengths: 24/7 access to your holdings, with easy withdrawal and transfer to others
Considerations: Least secure; not a good fit for large-dollar-value or bulk silver holdings
Bank Safe Deposit Box
Safe deposit boxes offer an affordable, secure and convenient method of storing your holdings. Most banks are not set up to handle large quantities of bulk silver, however. Safe deposit boxes are also not insured by the FDIC or most personal insurance, so you may want to consider insuring them separately.
Strengths: Safer from theft than a home safe; a better choice for high-value holdings
Considerations: Access is limited to bank hours, and if box holder passes away, holdings will be frozen by the IRS until estate is settled Secure and Private Domestic
International Storage: the Ultimate in Privacy and Professionalism
We partner with International Depository Services (IDS) of Canada, a full-service precious metals depository in Toronto. IDS stores tangible assets in an international personal custody account off depository balance sheets and beyond the reach of the U.S. government and regulatory agencies, with no data shared outside the facility. This gives you absolute control over who knows about your tangible assets. IDS also stores bulk silver.
Moving your precious metals to this private, non-U.S. facility outside the U.S. adds an extra layer of portfolio protection, reducing your exposure to the economic conditions of any single country. IDS securely ships holdings to any destination in the world served by Fed Ex or Brinks, including other depositories or financial institutions.
Strengths: Highest level of privacy and most professional suite of services on the market; a wise choice for non-U.S. residents and those looking to mitigate geopolitical risk
Considerations: Most expensive option for storage and insurance, but many investors see superior value in the comprehensiveness and professionalism of services provided
Call 1.312.854.7084 to speak to a knowledgeable investment professional.
Fair, Flexible Buyback Options
In addition to consulting you on how to buy gold, we also buy it back. We are constantly in the market offering fair prices to clients and non-clients alike for precious metals and investment grade gold coins they wish to sell.
With the CPME Buyback Guarantee, we’ll help you liquidate these holdings at the current bid rate, whenever you choose. We will also consider buying precious metals you acquired elsewhere. One of our knowledgeable representatives will walk you through every step.
Determining Current Value
The first step in selling is to determine the current market price of gold or other precious metal. A CPME representative can provide an instant price quote.
Selling Precious Metals Purchased from CPME
In some cases, we will need to physically examine precious metals before making a purchase offer. We will consider buying any actively traded bullion in any quantity. Your Blanchard representative will guide you through all buyback steps, including secure shipment and estimated payment arrival.
PLEASE NOTE: Your bullion and investment grade precious metal buyback price will not be locked in until after metals are received.