Gold Bullion International (GBI) Selected To Administer The Royal Mint Online Bullion Service
Agreement enables clients to purchase precious metals directly from Mint
NEW YORK, Oct. 2, 2014 /PRNewswire/ -- The Royal Mint, which for more than 1,000 years has been striking the coins of the United Kingdom, has selected Gold Bullion International (GBI) to administer its new bullion trading website www.royalmintbullion.com, which enables clients to buy, store and sell fine gold and silver bullion coins quickly, effortlessly and securely, 24 hours a day, 365 days per year.
The Royal Mint joins GBI's growing roster of blue chip clients, including some of the world's largest wealth management firms, Hard Assets Alliance and Ripple, among others.
The Royal Mint's new website aims to be the pre-eminent global platform for clients and collectors to purchase precious metals directly from a mint. Using GBI's proprietary technology and logistical expertise, the client can easily set up an account online and purchase newly minted Royal Mint Britannia, Sovereign and Lunar bullion coins linked to the current precious metal price. Clients may then choose to have the coins delivered to their home, or to store them in The Vault™, The Royal Mint's on-site precious metal storage facility protected by the Ministry of Defence.
"The Royal Mint has been visionary in enabling customers around the world to buy and store precious metals in the Royal Mint's own secure vault," said Steven Feldman, GBI's co-founder and CEO. "These coins are a very compelling choice for collectors and clients interested in gold. In addition to their sheer beauty and enduring value, the coins are also exempt from VAT and Capital Gains Tax (CGT) for residents of the United Kingdom."
"We are very gratified for our affiliation with the Royal Mint," said Savneet Singh, President and Co-Founder of GBI. "They conducted a global search for a company to help launch this program and selected GBI based on our unique technology and logistics platform as well as our successful track record in serving the precious metals needs for large institutions."
To open an account at the Royal Mint, click on www.royalmintbullion.com
About GBI
Gold Bullion International (GBI: www.bullioninternational.com) is the leading institutional precious metals provider to individual investors and the wealth management industry. GBI's technology and operations platform allows investors to acquire and manage their physical precious metals assets directly through GBI, or their existing wealth management account relationships. Precious metals are acquired through a competitive institutional dealer network and stored on behalf of investors in protected and insured vaults in New York, Salt Lake City, London, Zurich, Melbourne and Singapore. GBI also offers gold-backed debit cards and digital currency which enables clients to treat their physical gold balance as cash and to make payments conventionally or through the Bitcoin Payment Protocol. GBI, which has democratized ownership of gold and other metals, provides the easiest, safest and most reliable option for precious metals ownership.
ANDREW HOFFMAN
[email protected]
908.655.6798
SOURCE Gold Bullion International
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