Tag: Bullion Storage

Protecting Valuables: Commercial Safe or Bank Safe Deposit Box?

Protecting Valuables: Commercial Safe or Bank Safe Deposit Box?

Richard Schwary – California Numismatic Investments Salt Lake City police investigate coin theft from residence / Burglars steal heavy gun safe containing $500,000-plus in coins: This headline along with the sad story was written by Paul Gilkes of Coin World (August 1, 2011). According to the published account the victims were away from their home […]

Class-action suit accuses UBS of Charging Storage Fees On “Phantom” Silver.

Class-action suit accuses UBS of Charging Storage Fees On “Phantom” Silver.

In 1984, Michigan resident Laurin Ramsey purchased 10 pieces of 100 ounce pure silver bars from the Swiss bank UBS or its Paine Webber subsidiary. Ever since, he had paid $25 per month for storage fees. A few years ago, he tired of paying the storage fees and contacted the bank to arrange delivery. Instead […]

By April 2, 2011 2 Comments Read More →
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