Yes, if issued by a government with an indicated face value. However, while rounds issued by private mints are not considered legal tender, they are still considered to be a primary store of value, as they are linked directly to the precious metals market and often viewed as a strong hedge against inflation. Furthermore, they are a highly liquid vehicle and can be easily transferred into cash. Additionally, gold and silver coins recognized as legal tender can vary by state just as Oklahoma, Utah, Texas, and Louisiana affirm them as legal tender in the payment of debts in their state.

To be “pure”, Silver has to be three nines FINE (.999% pure silver) and Gold has to be four nines fine (.9999% pure gold). Additionally, a “round” is any coin NOT minted by government.

Yes.  Typically, all silver and gold 1, ½, ¼, and 1/10^th Troy Ounce rounds come packaged in air-tite plastic tubes depending on volume.  The tubes are constructed with heavy-duty plastic, round on the inside and square on the outside, so they stack together neatly and will not roll around.   All gram gold rounds are sealed into air-tite laminated cards.

No. Legal tender can only be issued by governments, whether in coin or paper money form. However, our rounds are considered “industry standard” bullion rounds and are purchased by individuals, banks, corporations, coin dealers, etc., as they are considered a safe store of value, due to meeting strict weight and purity requirements. Furthermore, our products can often be purchased for a fraction of the premiums charged by governments for their silver and gold products, resulting in your ability to purchase higher volumes of gold and silver than if you had purchased government issued products. Finally, governments, such as the US Treasury, often purchase their bullion rounds (blanks) from private minting facilities, and then simply strike the round into its final form. Consequently, when buying privately minted bullion products, you are buying products often manufactured in the same facility as government coins, but at lower premiums.

Silver Eagles are U.S. Government legal tender and are labeled as “one dollar,” even though the value of the silver is many times that.  Because it is considered U.S. legal tender, you will pay a premium of, often, 200-500% more than a privately minted round…same amount of silver, just a higher price!  In times of emergency, the quantity of the silver itself and its utility is the important consideration, not whether it’s a government minted coin, regardless of whether that government is solvent.  Ironically, all U.S. Silver Eagle blanks are manufactured by the same private mints who issue privately minted silver rounds, using the exact same process.  The U.S. Mint only stamps the image onto the blank created by private industry, then charges a much higher premium than identically made private mint rounds.

No.  Those names are for “legal tender” junk coins minted by the U.S. Government.  “Junk coins,” because they are not pure, they are circulated and have no rarity value. Treasury Vault manufactures CERTIFIED PURE SILVER ROUNDS.  We sell them in one ounce, half ounce, quarter ounce, and tenth ounce sizes…all pure (.999 fine), just different sizes.

No. We are happy to sell any quantity you desire. However, minting fees incrementally become lower as the purchase quantities increase.

No. There is no maximum limit to purchasing Treasury Vault Bullion products unless an unforeseen event effects supply of the precious metals.

Every product produced by PCB has either a mint mark stamped into the product itself, or Mint-Master initials next to the certified criteria.  Typically, the bullion itself serves as the certificate of authenticity, as the mint mark, weight, and fineness are stamped directly onto it. PCB links each product we produce to a specific chemical analysis, known as an assay, which is completed by our LBMA approved refinery and ensures our stated purity standards.

No. However, from the period of 1933 to 1974, it was illegal for U.S. citizens to purchase gold without a license. In 1975, these laws were overturned and it is now completely legal to purchase and own gold without any governmental restrictions.

No. There are no gold ownership restrictions in the United States.

No. There are no Federal, State, or local laws which require you to declare your precious metals purchases.

Yes. Either long-term or short-term taxable gains may apply to profits from the sale of precious metals. Consult your financial advisor.

Our understanding is that they are if bullion purchases involve cash totaling $10,000, or more, but that no reporting is required on transactions involving bank wires or single checks. Currency laws involving cash amounts over $10,000 were specifically designed to impede illegal activities. Treasury Vault does not engage in any cash transactions of any amount for currencies or commodities.

Yes. Precious metals prices are relative and live. As market spot prices rise, prices are simply adjusted based upon how many dollars will buy an ounce of a particular precious metal at the then current market prices. Costs associated with striking particular rounds, current inventories, and other market conditions may effect buy back pricing.

No, as there is a term known as “spread,” which is the difference between what a dealer pays for the metal and what he sells it for. The spread is simply what allows a dealer to stay in business and is comparable to any manufacturer selling a product for more than what it costs them to produce. Do to the extremely competitive nature of the precious metals industry, this spread, or profit margin, is extremely small, in comparison to other industries. Treasury Vault is highly committed to keeping this spread as small as possible for our clients and, in turn, enabling them to buy more precious metals for their money. Moreover, spot prices fluctuate continually and therefore change market prices.

Yes you can. Click here to LEARN MORE 

The “Spot” price of any precious metal represents an arbitrary price at a specific moment in time for a specific quantity of raw metal in a paper “contract.” It is basically a market ‘gambling’ price and not an actual price for which a finished coin, round, ingot, or item of jewelry can be purchased. One of the main reasons for buying precious metals is for financial self-protection as a hedge against inflation. In that case, utility is far more valuable than the original cost. Learn more about the subject in our blog.