Swiss Gold Safe Review

Swiss Gold Safe
Swiss Gold Safe - by,April 1, 2011
4/ 5stars
on
Swiss Gold Safe
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (4/5)
  • Very Good
Review Summary :

Swiss Gold Safe was founded in 2006, with the goal of helping retirement investors invest in precious metals and now digital currencies using secure methods. Find out if its the right provider for you.

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Pros:

  • The firm specializes in segregated, insured, private storage in Switzerland and Liechtenstein
  • Their prices are reasonable
  • They do offer gold and silver bullion buying and selling through an affiliate
  • Swiss Gold Safe allows you to store other party sourced bullion, gemstones, artwork, securities, and more

Cons:

  • Their affiliate has the poorest selection of precious metals we have seen
Quick Facts about Swiss Gold Safe
Year Founded:2006
Supports 401(k)?:No
Supports Roth IRA?:No
Crypto Offered?:Yes. Bitcoin, Bitcoin Cash, Ether, Litecoin, Bitcoin Gold, all ERC20/223 tokens.
Assets Offered:Gold, Silver, Palladium
Offers Other Assets?:Yes
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Swiss Gold Safe Company Info & Background

Among the more unique propositions for offshore gold storage is a Swiss- and Liechtenstein-based firm called Swiss Gold Safe Limited. This private company is headquartered in Aldorf UR in Switzerland. Founded back in 2006, the corporation decided to also open a Liechtenstein subsidiary and storage option in 2016 in an expansionary move. Today it provides services for safe bullion storage to the people of Liechtenstein as well.

What sets this company completely apart from its handful of global rivals is that it does not actually sell or buy any precious metals bullion of any kind whatsoever. In fact, the company solely exists to securely and privately store everything from precious metals to securities, gems, art, and other collectible valuables. Their entire purpose is to offer you medium-term to longer-term storage for all of your various valuables in their high-security private vaults found in both Switzerland and the Principality of Liechtenstein. These two places have been well-regarded as among the safest valuables storage jurisdictions in the world for centuries now.

All of their stored materials are kept 100 percent independent of any banking system and fully insured. The security protocols at the facilities are best in class for the world. The company prides itself on its long-standing reputation of trust from and complete discretion for its clients. Through a partner company, they do offer you the ability to purchase gold and silver bullion with no VAT tax, which they then store in their entirely bonded warehouse facilities within the vaults.

 

Swiss Gold Safe Management Team

Chairman and Chief Executive Officer 

In keeping with the secrecy of this company, which after all lacks a great deal of transparency, the only thing we know about their management team and board of directors are their names. The board at Swiss Gold Safe is comprised of:

 

  • Chairman and CEO Hans Maurer –  The chairman and CEO has received recognition in Switzerland and beyond as a specialist, particularly in the realm of precious metals and their storage
  • Hans Wirth
  • Ludwig Karl

 

Neither additional information about the board members or even pictures of them are provided by the company’s website nor found anywhere else online. You have to take the company on trust and the fact that it has successfully been in business for over ten years when you do business with them.

 

Swiss Gold Safe Custodian and Storage

One thing that Swiss Gold Safe does well is to convince you of the safety and prudence of storing your valuables and precious metals with them in Switzerland and Liechtenstein. Here are the many points they are pushing to recommend this action to you:

 

  • Their vaults are privately held and highly secured; they also offer a bonded warehouse
  • All storage of personal property is done according to the Swiss article 404 of their Swiss Code of Obligations
  • Every piece of personal property is stored completely segregated from the others’ property in safe deposit boxes (or large pallets) which are fully dedicated, completely in the name of the client holder
  • Lloyds of London is the revered insurance provider against any form of loss for the precious metals from theft, fraud, robbery, water damage, fire, or any other natural or man made disaster
  • All stored clients’ valuables are kept off-balance sheet from Swiss Gold Safe Limited and therefore free of any counter party defaulting risk
  • Their private and physical storage offers 100 percent protections from any potential confiscation, unlike with banks, metal accounts, or safe deposit boxes found in banks
  • Swiss institutional clients are able to store bank notes in their vault as well to avoid the negative interest rate policies in Europe
  • Clients can purchase and sell precious metals utilizing Swiss Gold Safe’s esteemed broker-partner Echtgeld Limited of Switzerland

 

Swiss Gold Safe Products

Swiss Gold Safe remains true to its name. The firm is a safe storage place for bullion and other valuables kept entirely independently of the global banking systems. It does not dabble in the sale or purchase of gold, silver, platinum, or palladium for any of its clients or itself. Swiss Gold Safe is different from most of its storage rivals in that it does not directly sell any gold or silver bullion coins or bars whatsoever. They have a partner based in Switzerland which sells bullion bars and ingots. This company is Echtgeld AG, founded back in May of 2010.

Echtgeld AG became established at the start of the decade, and it is headquartered in Giswil, Switzerland. The company also has an affiliate location based in Bern, Switzerland. One of its Board of Directors members, Johannes Muller, has run his coin trading company at this address for more than 25 years. He guarantees perfectionist management of all the gold and silver bullion sales as an active gold trader with several decades of practical experience in this field.

Yet a weakness of this affiliate gold trader is that their inventory is the smallest we have seen in the offshore gold storage industry. For gold, they carry Swiss gold-produced ingots at .9999 purity. Argor-Heraeus of Mendrisio, Switzerland mints them. They offer the Helvetia Gold 2.9 with their 2.9 grams of fine gold, the Helvetia Gold 5.8 grams, and the Helvetia Gold 31.1 grams sized ingots.

In silver, they provide only a 31.1 grams Helvetia Silver 31.1 (equivalent to one ounce of fine silver). One advantage that Swiss Gold Safe offers (which is practically unique in the offshore gold storage world) is that it does not mandate that you must store only gold or other precious metals which you purchased from their affiliate in your fully segregated storage area. In fact, you can also store art work, gems stones, security certificates, cash, and other valuables here.

In practice, this makes their fully insured, segregated, and entirely private storage option much like the old safe deposit box concept which many banks provide (without the private and counter party risk weakness of the bank safe deposit boxes, of course).

 

Swiss Gold Safe Fees for Services and Products

Swiss Gold Safe specializes in only storing your precious metals products and other valuables. This would mean you expect them to be not only good at it, but also cost-effective at the same time. They deliver on reasonably priced bullion storage. Here are their rates for gold and silver storage in their fully secured, segregated, private, and insured vault facilities in Switzerland and the Principality of Liechtenstein:

 

Gold Storage Rates

Up to 100,000 CHF: .75 percent

One to Five Million CHF: .65 percent

Five to Ten Million CHF: .5 percent

Ten to Twenty-five Million CHF: .4 percent

25 to 50 Million CHF: .35 percent

50 to 100 Million CHF: .3 percent

Over 100 Million CHF: .25 percent

 

Silver Storage Rates

The silver storage fees are also sliding scale-oriented and based on the value of the stored silver in the segregated account, as follows:

Up to 100,000 CHF: one percent

One to Five Million CHF: .9 percent

Five to Ten Million CHF: .8 percent

10 to 25 Million CHF: .7 percent

25 to 50 Million CHF: .65 percent

50 to 100 Million CHF: .55 percent

Over 100 Million CHF: .45 percent

 

Swiss Gold Safe Contact Information

  • Address: Swiss Gold Safe Ltd., Kapuzinerweg 16, 6460 Altdorf UR, Switzerland
  • Phone: +41 (0)41 884 04 04
  • Website: www.SwissGoldSafe.com
  • Established: 2006

 

Key Pages from Swiss Gold Safe’s Website

Here are the most important pages from Swiss Gold Safe’s website. You can read this information to better understand the company.

 

Swiss Gold Safe
Swiss Gold Safe - by,April 1, 2011
4/ 5stars
on
Swiss Gold Safe
  • Global Rating
  • Our Global Rating (GR) is Math-Based. (Learn how it works)
    (4/5)
  • Very Good
Review Summary :

Swiss Gold Safe was founded in 2006, with the goal of helping retirement investors invest in precious metals and now digital currencies using secure methods. Find out if its the right provider for you.

Get Info Kit Now
Have you purchased products from Swiss Gold Safe? Leave a review!

Leave your rating

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Field is Required

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