Precious Metals Depository

Self-Directed Precious Metals

Choosing a Precious Metals Depository

Account-owned precious metals must be stored at a third-party depository, where they will be safely locked away and insured.

It’s important to select the right depository for your investment. 

Why You Need a Depository

Depositories play a large role in your self-directed precious metals investment. The Internal Revenue Code states that metals owned by an IRA must be physically held by a non-bank trustee or a depository that meets IRS regulations. There are many things to consider when choosing a depository for your IRA-held metals, including geographical location, type of storage options, and annual fees.

Types of Depositories

Most depositories offer commingled and/or segregated storage. Commingled storage refers to a general vault that holds metals owned by multiple owners. The bullion bars or coins removed from a commingled vault should be the same item as the ones deposited, but they may not be the exact bars or coins initially deposited. Segregated storage involves an individual locker or storage unit for your account holdings only, so you are the sole owner of the exact metals inside.

Depositories assess their own annual fees for commingled or segregated storage, which are separate from NDTCO fees. Please feel free to contact us if you have any questions regarding the fee information for any depository listed below.

Choose a Depository

Since your tax-advantaged precious metals must be stored in a depository, we have made it easy for you to choose your depository from the list below.  

Please note that New Direction Trust Company does not recommend or endorse any specific depository. Please confer with your metals source to see if there is a specific depository they prefer and to do your due diligence while making your selection. Once you have selected your depository, all depository interactions must go through NDTCO.

If you have any questions on your depository options, please reach out to NDTCO or your metals source for additional information. 

A-M Global Logistics/ Loomis International

  • Location: Las Vegas, NV
  • www.amark.com
  • Fees for Commingled Storage: <$50K investment = $100; $50K – $150K investment = $125; $150K – $500K investment = $150; >$500K = $1.50 per $1,000 (15 basis pts)
  • Fees for Segregated Storage: $1.00 per $1,000 (10 basis pts)/$150 minimum
  • Ready to select A-M Global/Loomis International as your precious metals depository? Complete the A-M Global Depository Election Form now. 

CNT Depository

  • Location: Bridgewater, MA
  • Phone number: 508-697-9600
  • www.cnt.us
  • Fees for Segregated Storage: $1.20 per $1,000 investment (12 basis pts)/$200 minimum billed quarterly in arrears 
  • Ready to select CNT Depository as your precious metals depository? Complete the CNT Depository Election Form now. 

Dakota Depository Company, LLC

  • Location: Fargo, ND
  • Phone number: 855-532-5682
  • www.dakotadepository.com
  • Fees for Segregated Storage: $3.70 per $1,000 (37 basis pts.)/$205 minimum billed quarterly in arrears
  • Ready to select Dakota Depository Company, LLC as your precious metals depository? Complete the Dakota Depository Company Election Form now. 

Delaware Depository (DDSC)

  • Location: Wilmington, DE
  • Phone number: 302-765-3889
  • www.delawaredepository.com
  • Fees for Commingled Storage: $1.00 per $1,000 investment (10 basis pts)/$125 minimum
  • Fees for Segregated Storage: $1.80 per $1,000 investment (18 basis pts)/$220 minimum
  • Ready to select Delaware Depository as your precious metals depository? Complete the Delaware Depository Company Election Form now. 

International Depository Services Group

  • Location: New Castle, DE; Dallas, TX; Mississauga, ON
  • www.internationaldepositoryservices.com
  • Fees for Segregated Storage in Delaware & Ontario: $1.70 per $1,000 investment (17 basis pts)/$120 minimum
  • Fees for Segregated Storage in Texas: ≤$150K investments = $175 Flat Rate; >$150K investment = $225 Flat Rate
  • Ready to select International Depository Services as your precious metals depository? Complete the International Depository Services (IDS) Election Form now. 

Money Metals Depository

  • Location: Eagle, ID
  • Fees for Segregated Storage: $1.70 per $1,000 investment (17 basis pts)/$110 minimum
  • Ready to select Money Metals Depository as your precious metals depository? Complete the Money Metals Depository Election Form now.