Build Your Precious Metal Wealth Over Time

For generations, gold and silver have been trusted as tangible stores of wealth, valued for their ability to preserve purchasing power and provide a lasting form of ownership.

But buying physical bullion also means deciding how it will be stored, insured and eventually sold. Keeping it yourself brings security considerations, while third-party vaulting can add ongoing storage and insurance costs.


With Best Bullion Vault Held, you can purchase gold or silver by weight at the spot price, while Best Bullion securely stores and insures the bullion for you at no additional ongoing cost.

Your holding is recorded in your Best Bullion account and can be added to over time.

When you are ready, you can choose to continue adding to your holding, sell your balance back to Best Bullion, or redeem it towards eligible physical bullion products.

It is a simple way to build your gold and silver holdings while keeping the flexibility to decide what you want to do with them later.

When you buy a physical gold or silver bar or coin, the price will normally be higher than the value of the metal it contains.

That difference is known as the premium. It reflects costs associated with manufacturing, minting, supplying and distributing a particular physical product.

Instead of choosing a specific bar or coin when you buy, you purchase gold or silver by weight at the spot price, subject to the quantities currently available.

Your bullion then remains securely stored and insured by Best Bullion at no additional ongoing cost.

There is no need to arrange your own safe, private vault, insurance policy or insured transport each time you add to your holdings.

Every Vault Held balance is backed 1:1 by physical bullion held by Best Bullion. We do not operate the programme on a fractional reserve basis.

Your holding is recorded by weight rather than being assigned to a particular serial-numbered bar or coin, and your Best Bullion account records your purchases and the price paid.

Because Vault Held is recorded by weight rather than as a specific physical product, you can build your gold or silver holdings over time without needing to decide upfront which bar or coin you eventually want.

You might start with a small amount and add gradually, or make larger purchases when it suits you. Each purchase simply adds to your existing Vault Held balance.

Your bullion remains securely stored and insured while you build.

This gives you the flexibility to build the metal first and decide what you want to do with it later.

You can continue holding, add more whenever Vault Held stock is available, sell your balance back to Best Bullion, or redeem it towards physical bullion.

Sell Without Transporting Bullion Back to Us

One of the practical advantages of Vault Held becomes clear when you decide to sell.

If you hold physical bullion yourself, selling may involve bringing it into store or arranging secure and insured transport back to a bullion dealer.

With Vault Held, the bullion is already securely held by Best Bullion.

Best Bullion buys Vault Held Gold and Silver back at 3% below the spot price.

Simply contact our team during our buyback trading hours to confirm the sale and lock in your price. Funds are paid to your nominated bank account within 24 hours of confirmation.

There is nothing to package, transport or insure before you sell.

This can be particularly useful if you live outside Christchurch or are travelling overseas. Because your bullion is already held with Best Bullion, you can arrange the sale without physically bringing anything back to us.

Redeem Your Holdings Into Physical Bullion

Vault Held does not mean giving up the option of owning physical bullion.

If you decide you would like to take possession of your metal, you can redeem your Vault Held balance towards an eligible physical bullion product available from Best Bullion.

The redemption cost is the difference between the current value of the metal in your Vault Held balance and the current retail price of the physical product you choose.

Once arranged with our team, your physical bullion can be prepared for collection or dispatch.

Vault Held redemptions are arranged directly with Best Bullion rather than by placing the physical product through the normal online checkout.

One important point is that the unit of your Vault Held balance must match the physical product being redeemed.

Gram-based holdings are redeemed towards gram-based products, while ounce-based holdings are redeemed towards ounce-based products.

Redemptions are also subject to product availability. If the bullion you want is not currently available, our team can discuss the options with you and, where possible, arrange to source it.

Build Towards the Physical Bullion You Want

Another way to use Vault Held is to gradually build towards a larger physical bullion product.

For example, you may ultimately want to own a 10g gold bar, but prefer to build towards it over several purchases.

You could buy a number of smaller physical bars as you go, but smaller bullion products often carry a higher premium relative to the amount of metal they contain.

With Vault Held, you can instead accumulate gold by weight:

Once you have built the amount you want, you can redeem your Vault Held balance towards an eligible 10g physical product and pay the difference between the metal value and the current retail price of that product.

Premiums vary between products and over time, but the principle remains the same:

Build the metal first. Choose the physical product later.

This is only one way to use Vault Held. You can also continue holding your bullion or sell it back to Best Bullion without ever redeeming it into a physical product.

A Flexible Way to Build Gold & Silver Holdings

Vault Held is designed to make building a gold or silver holding simple.

You can buy at the spot price, have your bullion securely stored and insured at no additional ongoing cost, add to your holdings over time, sell back to Best Bullion without transporting bullion to us, or redeem towards eligible physical bullion when you choose.

Whether you are starting small or building a larger position over time, Vault Held gives you the flexibility to decide what comes next.

Buy the metal. Build your holdings. Hold, sell or redeem when it suits you.

Buy gold and silver at spot, securely stored and insured by Best Bullion, with the flexibility to build, sell or redeem into physical bullion.