Storage is part of the purchase
Direct ownership means the place where the metal lives matters. Access, insurance, theft risk, audit trail, tax treatment, and retrieval terms are all part of the decision.
A buyer may keep a small direct-delivery position at home and place a larger holding in an insured depository. IRA metals follow a stricter route: approved custodian and approved depository.
- Home storage gives access but puts security on the owner
- Bank boxes may lack insurance and have limited access
- Depositories provide insurance, audits, and professional custody
- IRA metals cannot be stored at home
The outline should name the vault
Before payment is arranged, the written outline should name the storage option, the depository if one is used, whether the arrangement is allocated, the annual cost, insurance posture, and retrieval terms.
If a detail is not on the paper, it is not part of the agreement.