Precious Metals FAQs
A safe-haven asset is a financial instrument that is expected to retain, or even gain value during periods of economic downturn. These assets are uncorrelated or negatively correlated with the economy as a whole, which means that they could appreciate in the event of a recession or market crash.
Bring the excitement of precious metals home with Gold, Silver, Platinum and Palladium! Available in a variety of options from various mints from around the world and in forms of coins, bars, rounds and proofs.
Coins are minted by a sovereign government, are legal tender, and have a minimum face value in addition to a melt value.
Rounds are produced by private mints, have no face value, and generally have only melt value. But because they are not restricted by government, often come in a broad variety of options.
A proof coin is a specially minted coin with a highly polished planchet (blank) and dies, resulting in a mirror-like finish and sharp, detailed engravings. These coins are produced using a meticulous minting process, often involving multiple strikes to ensure a flawless appearance. Proof coins are primarily created for collectors and numismatists, showcasing the craftsmanship of the mint and often packaged in protective cases to preserve their pristine condition.
Storage & Delivery FAQs
Orders over $199 are eligible for free shipping!!
A signature is required on all orders over $349 in value. All shipments, regardless of size, are covered by our insurance policy. In the event your shipment is lost, per the contract terms we will refund your money or re-ship your items at our discretion. See Premium Shipping for the best protection we can offer.
If your item is lost in transit, you must contact us immediately. For incorrect orders, we must be notified within two (2) business days of delivery. Shipping Policy.
Premium Insured Shipping is offered for $12.99 and provides you with peace of mind, because in the event of a loss during transit you will receive 100% reimbursement of the total purchase price plus an additional inconvenience coupon redeemable as a one-time $50 discount on your next purchase over $999 made with us.
To clarify, when we say your entire purchase price, that includes any dealer premiums.
This is part of our commitment to your excellent experience when shopping with Safe Haven Metal.
Since everyone has a different sense of what security means, we can only note some options our clients employ. Such includes: a safety deposit box; at home: buried (like treasure); inside a huge locked safe; but others use their large safe as a decoy, keeping hidden safes in walls behind objects or under the floor; or in safes that look like common items, like a book.
(Fun Fact: a million dollars in gold can easily fit in a shoe box. We did the exact math, testing it by computer dimensions layout. The average adult male shoe box is 13.25x10x5″ a 10 oz bar is 1.3×2.25x.3″ laying them out and filling in the side spaces, that box holds 716 of the 10 oz bars at $3990/oz that holds $28,568,400 in a shoe box.)
The IRS mandates when purchasing precious metals with IRA funds, that you must store them in an approved third party facility or depository.
We work with Delaware Depository, because they carry a $1,000,000,000 (1 Billion) all risk insurance policy, per account, through London underwriters. You will receive all the details and paperwork for you to access the assets any time you want.
For your convenience you have the option of two locations: Las Vegas or Delaware. Storage option must be chosen at the time of application, other wise the Delaware location will be used by default.
All shipments are packaged inconspicuously and will never reference our company name or anything referring to items of value, such as gold, silver, bullion, etc.
You will receive a tracking number once your order has shipped. Please allow 2-7 business days for delivery. If you have not received your order after 7 days, please call our customer service team. Some products take longer to ship than others. Your order may be shipped in one or more packages and all packages may not ship at the same time.
Retirement Accounts FAQs
All retirement accounts offer IRA tax advantages, but not all accounts are equal in their offerings. Among the various types of Individual Retirement Accounts, there exists a self-directed option known as the physical gold variety. This particular IRA empowers you with ownership of tangible precious metals, providing a distinct level of protection and assets. Gone are the days of fretting over volatile stocks and bonds.
More Retirement accounts are Gold IRA rollover eligible than you may think.
- 401(k)*
- 403(b)*
- 457(b)*
- IRA (Traditional, Roth, Simple, SEP)
- Pension plan
- Tax-sheltered annuity
- Thrift Savings Plan (TSP)*
Precious Metals must satisfy the IRS purity standards of:
- Gold .995 or better
- American Eagle Gold Coins .9167
- Palladium .9995
- Platinum .9995
- Silver .999
Browse our selection of IRA-Eligible Metals.
General FAQs
For transactions with delivery to you, we accept Wire Transfers, Paper Checks, and Credit Cards as payment. Yet, when purchasing with IRA, 401k, pensions, and many other retirement accounts those shipments go to a third party depository and we can accept those to fund the asset.
Wire & Check Payments
To secure your orders when selecting the wire or check option during checkout, a credit/debit card is required, and a 15% authorization hold will be placed to lock-in your pricing. Your card will not be charged if payment in good funds is received within 3 days. Read more about credit card authorizations in our cancellation and market loss policy.
If you purchased your precious metals from Safe Haven Metal, then you know your contract says we are fully committed to being available to re-purchase them, please refer to your contract or see the contract available on our website for the specific instructions.
We also purchase precious metals from the public, please refer to our sell to us page.
When Purchasing Precious Metals:
When purchasing precious metals from SHM, sales tax is determined by the state to which your order is shipped. Since tax laws vary significantly between states—with some applying sales tax to precious metals and others offering exemptions—it is essential to review our sales tax page to understand if and how taxes may apply to your specific purchase.
When Selling Precious Metals:
When selling your precious metals, capital gains tax may apply based on the profit realized from the sale. We strongly recommend consulting with a qualified CPA or tax professional to navigate the specific tax implications associated with your transactions, ensuring you remain compliant with all applicable tax laws.
At Safe Haven Metal, we get that everyone is unique and has their own way of doing things, that is what sets us apart from the industry, we do it the right way.
Some people prefer to learn at their own speed, and that is what the site’s articles are for; others want to talk and learn, that is what the phone lines are for; still others want action, that is what the online store is for. We aim to please.
Call us, email us, buy from us… how ever we can help your current situation improve is our focus.
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