Insurance and Security for Vaulted Gold and Silver

THE SHORT ANSWER

Metal stored in SECURE is segregated: your specific pieces are recorded by serial number, weight and photograph at intake, and are never pooled, lent or substituted. It is insured at declared value against theft, robbery, fire and natural disaster while it is in custody at our Atlanta facility, and it stays your property in every circumstance.

WHOSE METAL IS IT

Yours, always. Metal in SECURE is never on our balance sheet, never available to our creditors, and never part of a bankruptcy claim against the firm. The Storage Services Agreement includes successor-trustee provisions, so custody continues without interruption if something happens to Alex Lexington.

The Maple Leaf you deposit is the Maple Leaf you withdraw. We do not commingle, pool, lend or substitute client metal.

WHAT IS INSURED

• Insured at declared value. All client holdings are insured at the value you declare.
• What the coverage applies to. Theft, robbery, fire and natural disaster while the metal is in custody at our Atlanta facility.
• The current policy. A Jewelers Block program, with a planned move to Lloyd's of London specie placement as our aggregate book matures.

The policy sets the exact terms, limits and exclusions. Ask us how coverage applies to your holdings and we will walk you through it before you deposit anything.

WHO CAN TOUCH YOUR METAL

Access to the vault is dual-control. Each account holds only the pieces deposited by that client, recorded at intake by serial number, weight and photograph, so what is in your account can be matched to your own record at any time.

SEEING AND WITHDRAWING YOUR METAL

• Viewing in person. Clients schedule appointments at no charge. We bring your holdings to a private viewing room, you check them against your account record, and we return them to your segregated storage. It typically takes 30 to 45 minutes.
• Pickup. Withdrawal in person by appointment carries no fee, and is same-day or next-day depending on the schedule.
• Shipment. An insured outbound shipment is available at cost, with delivery confirmation and a signature required.

WHAT TO ASK ANY STORAGE PROVIDER

• Is my metal segregated, or is it a share of a pool?
• What exactly is insured, to what value, and against what?
• What happens to my metal if the provider fails or closes?
• Can I see my holdings in person, and what does it cost?
• How do I get my metal out, and how long does it take?

QUESTIONS PEOPLE ASK

Is my metal pooled with other clients' metal?
No. It is segregated and recorded by serial number, weight and photograph.

What if Alex Lexington fails or closes?
Your metal remains your property and is never available to our creditors. Successor-trustee provisions in the Storage Services Agreement keep custody going.

What is covered, and for how much?
Your declared value, against theft, robbery, fire and natural disaster while in custody at our Atlanta facility.

Can I see my metal?
Yes, by appointment at no charge, in a private viewing room.

WHERE THIS APPLIES

SECURE vault storage is where this applies, with current pricing published on that page. See also what segregated storage means, whether a safe deposit box is insured, safe deposit box alternatives, or book a SECURE consultation.

RELATED TERMS

Allocated vs Unallocated Storage | Custodial Storage | Home Safe vs Vault | Vault

DISCLOSURE

Alex Lexington provides this content for educational purposes only. This is not investment advice. Precious metals prices fluctuate and past performance does not guarantee future results. Consult a qualified financial advisor before making investment decisions. Alex Lexington is a licensed precious metals dealer, not a registered investment advisor.