UPDATE: SCM BACK OFFICE IS NOW LIVE
We are pleased to announce that Silverchief is in a position to offer precious metals storage through the Knox Titanium Vaults in Killarney,Johannesburg. (Old US Embassy) With full cover and liability, why would you store your precious metals elsewhere? If you have no direct access to a private vault, and you are security conscious about storing your silver on your residential property, please read our terms and conditions below and find out the nature of the service we offer.
The silver will be stored with Knox Titanium Vaults, in Killarney , South Africa.
Yes, Silverchief Mint and the content held on the behalf of our clients is covered by Art Insure, who are underwritten by Hollard. Art Insure is a specialist insurance company that covers works of art, collectibles, and valuables (like coins and bullion).
Each safety deposit box is insured for R1 million rand & a total allocation of up to R500 Million Rand.
Customers - We cover all storage Costs for the first year* & or until your silver value surpasses R1 Million* - There after Vaulting fees will be applied as per usual Knox rates for customers.
Members - All Active IBR'S holding silver Under R1 Million Rand* will be able to continue to vault as long as they are active.
Yes. If you wish to store coins that you have previously purchased from us, you may courier them back to us for storage. The courier costs will vary depending on weight and value. Please contact us should you wish to discuss this further.
We do not offer storage services for metals purchased from another dealer. We also do not store other personal valuables.
There is no minimum storage time. However, customers payment towards precious metals storage after the first R1 million is for a 12-month period, paid upfront in full. At this time, we do not offer monthly debit order facilities. While clients may withdraw their precious metals any-time (except Saturdays,Sundays, and Public Holidays), funds will not be refunded pro-rate, should a withdrawal be made before the full 12-month period is realized.
At this time, the minimum number of ounces we are willing to store is
1gram of silver and 1 oz of gold.
You can request delivery of your stored goods at any time by simply Ticketing us in your back office. Please note that we require 5 working days’ notice that you wish to take possession of a portion or all your stored precious metals. This is to provide us sufficient time to organize secure collection from the vault. We will then courier the metals to you, door-to-door (fully insured) at a minimal cost (quote to be supplied). Courier services are usually overnight once collected from the vault.
The account holder & owner only.
At a later date we will allow a further nominee to be added)
If you store your silver and gold with Silverchief mint, selling your precious metals back to our suppliers would be hassle-free and safe. You simply tell us what quantity / type / amount of metal you wish to sell back to us, supplier offers spot price buy back, and if accepted, they make payment and we remove it from storage and deliver it to supplier. Should you sell only a portion of your silver or gold, the portion that is left in Knox vault it will continue to be covered for the remainder of the 12-month period.
we are building an application that will provide a ledger of your holdings in our vaults.
Alternatively submit a ticket in your back office.
Due to various security reasons, it is not possible to collect your precious metals from Knox Vaults directly, since non-permitted holders are not permitted into the vault area. Thus, delivery & shipment options are to be arranged between you and SCM