Vault Account Conversions

Vault Account owners are investors in the Gold Vault Account, Silver Vault Account or PMC Ounce. These accounts are backed 100% by physical bullion in the form of LBMA approved bullion bars. Vault Account owners can convert their holdings to physical bullion for delivery. Conversion for delivery for certain bars are done with no premium paid while a request to convert to generally smaller bars and/or bullion coins carry small premiums. The following schedule illustrates the conversion options by metal type and any per ounce conversion premium that may be associated with bullion fabricated in a specific type and form. Note that delivery and/or other special handling charges related to a customer request are separate from the conversion fees and are the responsibility of the customer.

Metal Type and Fabricated Form Per oz Premium
Gold
Kilo Bar LBMA Approved .9999 No Charge
10 oz Bar LBMA Approved .9999 $7.50
1 oz Bar LBMA Approved .9999 $10.00
1 oz US Eagle or Maple Leaf Call
Other Bullion Coins Call
Silver
1000 oz Bar LBMA Approved .999 No Charge
100 oz Bar LBMA Approved .999 $0.35
10 oz Bar .999 $0.55
1 oz Rounds .999 $0.70
1 oz US Eagle or Maple Leaf Call
Other Bullion Coins Call
Platinum
10 oz Bar LBMA Approved .995 No Charge
1 oz Bar LBMA Approved .995 $12.00
1 oz Coins Call
Palladium
10 oz Bar LBMA Approved .995 No Charge
1 oz Bar LBMA Approved .995 $8.00
1 oz Coins Call

Fractional ounces owned can be liquidated for cash or bought-up to equal a round ounce and converted. The brand of LBMA approved bars to be delivered is the choice of Neptune Global. Requests for conversion to bullion coins or a specific type bar are subject to market conditions and availability. Please call Neptune Global for details.