January 17, 2013 – The Royal Mint has announced the launch of its secure vault facility for the bullion market.
The Royal Mint’s Director of Bullion and Commemorative Coin, Shane Bissett, announces the Mint’s new bullion and bullion vault storage proposition at a reception in the Tower of London this week.
Over 150 people from businesses and organisations in the bullion industry attended the exclusive launch of The Royal Mint Vault concept from the world’s leading mint which was held on December 12, 2013 in the Tower of London.
Customers who purchase gold bullion coins from The Royal Mint can now store them in The Royal Mint Vault which is guarded 24/7, 365 days a year by the Ministry of Defence at the highly secure site.
Coins stored in The Royal Mint Vault will be taken from existing stocks and moved securely to the Vault. A Certificate of Allocation guarantees the purchaser 100% ownership of their coins and the ability to take delivery at any time. The Royal Mint Vault ensures Royal Mint bullion coins are fully segregated and stored in individual boxes which are protected with a tamper-evident security seal. The Royal Mint Vault can also be used to store LBMA Good Delivery Gold bars.
Shane Bissett, Director of Commemorative Coin and Bullion for The Royal Mint said, “We are delighted to launch The Royal Mint Vault, a unique storage option for the bullion market. As one of the most secure locations in the United Kingdom – and as an organisation trusted with British coinage for over 1,000 years – you can have complete confidence that when you store your bullion coins in The Royal Mint Vault, they will be protected in the best way possible.”