Royal Canadian Mint manufactures every gold kilo bar sold by Vaulted and guarantees its weight and purity. Each gold bar has a unique serial number tracked by Vaulted and the Mint. Gold never leaves the Mint’s vault (unless you request physical delivery).
99.99% (.9999 pure) fine gold kilo bars, bearing the Royal Canadian Mint’s hallmark, as well as an imprint certifying weight and fineness.
Your gold comes from ethically sourced locations with chain of custody certified conflict-free from the mine or recycler through refining and minting. The Royal Canadian Mint, where your gold originates, participates in the Responsible Gold Certificate program.
Vaulted is a trade name and trademark of International Collectors Associates (ICA), 166 Turner Drive, Durango, CO 81303, USA.
ICA, a McAlvany Financial Group company, was established in 1972 and is the longest continuously operating full-service gold brokerage firm in the United States.
Each gold purchase is fully allocated to a specific bar (or bars) of gold. All allocated ounces are your collateral guaranteeing your gold can be delivered to you. Neither Vaulted nor the Mint can sell, lease, or pledge gold allocated to you to any other party. You can find the serial number of each whole kilo bar allocated to you in the app and on your quarterly statement. We can help coordinate a visit to the Royal Canadian Mint for a fee if you would like to inspect it yourself. You may take delivery of any fully allocated bar. It will be shipped via FedEx and should arrive within about one week for a small shipping and handling cost.
If you are a U.S. taxpayer, the only time you have to make a report to the IRS related to your Vaulted account is when filing your tax return, if you have sold gold. By February following each year, we will provide you with a tax statement of all sell transactions in the prior calendar year. Your tax statement will show any potentially taxable gains or losses, which you may be able to use to offset gains outside your Vaulted account.
If you never took delivery of your gold purchase and sell it at a gain at least one year following your purchase date, you may be able to benefit from substantially reduced tax rates.
Importantly, you are not required to report your Vaulted account to the IRS/FinCEN as a “foreign financial account” on FinCEN Form 114 (the “FBAR”), as your account is maintained by a company in the United States of America.
This answer is not tax advice; please consult your tax advisor for advice on your specific situation.
You can conveniently buy a digital gift card within the Vaulted application by clicking on “Gift Card” from the main menu and follow the instructions. To purchase a physical gift card, contact your advisor.
There is a one-time 1.8% fee included in all buy transactions. This fee is added to the wholesale price of gold at the time of your buy transaction. On the buy page of the Vaulted app we clearly show the current wholesale price, as well as your buy price.
There is a one-time fee of 1.8% included in all sell transactions. The fee is subtracted from the wholesale price of gold at the time of your sell transaction. On the sell page of the Vaulted app we clearly show the current wholesale price, as well as your sell price, which is 1.8% lower than the wholesale spot price.
There is an annual maintenance fee of 0.4%, or 40 basis points, based on the average value of the net cumulative gold purchases in your account. This maintenance fee covers our costs to operate Vaulted, which include:
The maintenance fee is charged semi-annually which means half of the annual fee is billed to the client each July and the second half is billed each January of the following year.
Maintenance fees are generally subtracted from the cash balance in your Vaulted account. Alternatively, fees will be automatically deducted from your gold balance if a cash balance is not made available to cover the fees within 30 days of invoicing.
Simply click on Sell Gold from the Overview page or the menu and place an order at any time. Orders are processed during the New York Stock Exchange (NYSE) opening hours. If you prefer, you may also call Vaulted to speak with an advisor who can assist you with the transaction.
Only if you tell them. Gold purchases through U.S. institutions such as Vaulted/ICA aren’t generally reportable to tax authorities or financial regulators. There is one caveat: while there is no reporting for gold purchases, the dollar amount of how much you sell is reportable to the IRS: Vaulted is compliant with IRS regulations requiring all U.S. brokerage companies to report gold sales on a standard form 1099-B. These forms are issued in the month of January immediately following the year in which you completed sell transactions.
Vaulted is currently available as a web browser application (https://vaulted.com) and is not in any app store. It is optimized for ease of use on mobile devices. To add the web app to your phone, go to Settings within your browser, and Add to Home Screen.
You can use either the Google Authenticator or Authy app for two-factor authentication to add additional protection to your login. You can also arrange for call-back verification before any cash transfers out of Vaulted. To activate either of these options, contact your advisor.
We follow industry-leading best practices, including encrypting all data in transit and at rest, multiple forms of data backup, and strict data access policies. Our engineering team is led by former Google software engineers and our platform is vetted by multiple external 3rd-party vendors, including PricewaterhouseCoopers to review the cybersecurity of our application.
Easily fund your account within the US by setting up your linked bank account, log in to your Vaulted account and navigate to the Transfers tab. Vaulted uses Plaid to link your checking account with your Vaulted account to process ACH cash deposits and withdrawals. Plaid is a third party company making it easy to securely connect your bank to the apps you want to use. Please note, savings accounts may not be a linked bank account within Vaulted.
Alternatively, within the US you may fund your account by sending a domestic wire transfer from your bank, using the domestic wire transfer instructions located on the Transfers tab when logged into your account.
Are you outside of the US and want to fund your Vaulted account?
Option 1: You can send a wire transfer internationally, by going to your bank and using the International Wire Instructions below. Rates will vary depending on your bank and country of origin.
Option 2: Alternatively, Wise (formerly TransferWise) is a more affordable, faster way to send money abroad. Creating an account is free! Wise serves as an easy-to-use, borderless account which allows you to quickly convert your currency into USD (or any other currency) at the real exchange rate and send that money to anyone in the world. To use with Vaulted, we recommend exploring the current exchange and transfer rate via Wise's transparent and easy-to-use tool. If you determine you would like to utilize a free Wise account to fund your cash balance in Vaulted, follow the steps below to setup an account and send your first transfer.
Download the Steps to Start with Wise & Send Transfer PDF.
If you funded your Vaulted account by ACH transfer from a linked checking account the funds may only be available for withdrawal after 60 days from when they are deposited. You can make a withdrawal request to a linked bank account from the Transfers tab.
If you funded your Vaulted account by wire transfer the funds are available for withdrawal immediately. You can contact your advisor to request a wire transfer of the funds to your bank. Or you can make a withdrawal request to a linked bank account from the Transfers tab.
Disclosure: Vaulted is a participant in the Wise Affiliate Partner Program which allows partners to earn commission on referrals for using the Wise service.
Wise is a third-party solution, so Vaulted does not provide customer service when using their service nor do we ensure the transfer while it is in transit with Wise. To contact Wise, please visit their Help Centre.
Funds are available within 2-3 business days on wire transfers. Physical delivery can be requested after that time. In the case of gold funded via ACH transfers the funds must be on account for 60 days before any cash out or physical delivery requests can be processed.
If you take delivery of gold outside of the Royal Canadian Mint, Vaulted passes on the Mint’s and FedEx’s (or other carrier’s) shipping and handling costs to you. However, we do not charge any additional Vaulted fees when you request physical delivery.
Currently, the shipping and handling costs we have negotiated are as follows:
All gold in transit is insured by Vaulted, so if anything happens to it, our insurance carrier will compensate us, and we will compensate you for the loss.
Vaulted currently uses the Royal Canadian Mint to store all gold on behalf of customers. The Mint is owned by Canada’s AAA-rated federal government, and Canada is one of the most geopolitically stable countries in the world, with a centuries-old track record of respecting property rights. Furthermore, the Royal Canadian Mint is exceptionally secure. All holdings are counted on a quarterly basis, and the Mint is audited annually by the Government of Canada’s Office of the Auditor General. Every gold bar is physically stored in state-of-the-art vaults owned and operated by the Mint. Furthermore, the Mint insures its gold holdings via Lloyds of London. The Mint is trusted by major ETFs, governments, and institutions to store billions of dollars in gold.
Even in the worst case, all customer gold is stored in world-class vaulting facilities, and multiple secure, redundant copies of transaction history are maintained separately from the core Vaulted systems to ensure that your account and your gold is kept safe.
Vaulted is designed from the ground up with a foundation of security combined with a simple, powerful user experience. Vaulted:
All records are stored redundantly, and we regularly make backup copies offline so that in the event of a catastrophic event we have a record of all transactions and ownership.
Vaulted is owned and operated by McAlvany Financial Group and International Collectors Associates LLC, founded in 1972. Our history has enabled us to build a robust business that you can trust. Even in the unlikely event that McAlvany Financial Group/ICA were to go out of business, the gold you have purchased cannot be used to pay other ICA creditors, and you have a legal right to sell or take delivery of the gold purchased by you.
The Royal Canadian Mint is a Crown corporation 100% owned by the AAA-rated government of Canada. In addition to being an exceptionally secure vault, the Mint physically stores all gold allocated to Vaulted customers as a custodian. In other words, the gold allocated to you is never on the Mint’s balance sheet. Even in case of a bankruptcy or liquidation, gold allocated to you cannot legally be used by the Mint or its creditors. The agreement between us and the Mint requires that gold allocated to you must be segregated from the Mint’s own assets.
The Royal Canadian Mint insures the gold that it stores through Lloyds of London and has agreed with Vaulted to provide full compensation for or to replace any gold that is lost, stolen, or damaged while in its custody and control. In the unlikely event of such a loss, the compensation or replacement gold provided by the Mint will become your collateral securing our obligations to you. As soon as the Mint is ready to deliver the compensation or replacement gold, we will allocate it to you, aiming to restore your Vaulted account to normal operation. Please see the Vaulted End User Agreement for key details.
VaultPlan is an automatic gold savings plan. The tool allows you to initiate automatic gold purchases monthly, or every two weeks. You can change your VaultPlan amount and frequency at any time.
VaultPlan makes it easy to dollar-cost average into the gold market. Dollar-cost averaging is a strategy in which investors divide an investment into multiple asset purchases over time, rather than investing the entire lump sum all at once. Dollar-cost averaging is a long-term strategy that takes the guesswork out of "timing the market." VaultPlan also makes it easy to meet a savings goal. Just specify the amount you want to save from each paycheck, and the funds will be automatically transferred!
Step 1: Enter an amount. This value will be automatically transfered from your linked checking account to your Vaulted account.
Step 2: Enter a frequency and start date. The VaultPlan will begin on the date you specify, and initiate a transfer every month or two weeks after that.
Step 3: Submit. After you lock in your VaultPlan, funds will automatically start moving to your gold balance during market hours at your selected frequency.