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All bulk holdings are fully segregated, sealed, annually audited, and 100% insured through an all-risk policy by Lloyd’s of London, the world’s leading insurer of specialized assets. Assets stored at Eureka 47-79 Corp., remain the property of the client, and independent of Eureka 47-79 Corp., balance sheet. In other words, client assets are held as bailment, not on deposit with the facility or as consignment. Unlike other facilities, client assets are never commingled.
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Except for items that are sold to Eureka 47-79 Corp. (which incur no shipping charge), all metal that is withdrawn from the depository ships within 2 business days of withdrawal request via UPS Next Day Air Shipping, fully insured. Shipping rates are discounted using TPMD’s corporate rates.
Account value is calculated on a nightly basis using London 2nd fix spot metals prices.
*Additional coverage: For non-metal related storage items, or for numismatic and collectible coins that derive significant value from rarity or other unique attributes, clients are given the option to insure the product at a designated value. For example, one might insure a rare book for $1,000 or a collectible silver coin for $500. We reserve the right to accept or refuse items for storage.
All inbound packages are opened under camera. We offer to provide a fully-insured shipping label for those clients shipping items to the depository.