LONDON, 3 June 2015 – A new offer from UK state-owned coin factory the Royal Mint is less novel than it might seem, says a report in today's Times of London.
Reporting the Mint's launch of part-bar ownership, stored at its plant in Newport, South Wales, The Times names BullionVault – and lists its lower costs – as an established provider.
"The Royal Mint isn't the first dealer to enable you to part own bullion bars with other investors," says The Times.
"At BullionVault it costs a maximum of 0.5 per cent to buy and to sell. The storage charge for gold is 0.01 per cent monthly, with a $4 (£2.60) minimum."
Times subscribers can read the full story here:
Source:
The Times
