Custodian Experiences for Silver Coins - Who are you guys
- •I've been stacking silver for years now, mostly physical, but also a good chunk through my Gold IRA.
- •Based here in Scottsdale, and honestly, the physical stuff is a no-brainer for me, especially with the crazy money printing lately.
- •But with the IRA portion, I'm always trying to optimize the custodian relationship.
I've been stacking silver for years now, mostly physical, but also a good chunk through my Gold IRA. Based here in Scottsdale, and honestly, the physical stuff is a no-brainer for me, especially with the crazy money printing lately. But with the IRA portion, I'm always trying to optimize the custodian relationship. I've got a decent sized portfolio, north of $5M overall, and probably a third of that is in precious metals, a good chunk of which is silver coins within the IRA.
Currently with Equity Trust for the IRA, and they've been... fine. No major complaints, but also nothing that really wows me. Fees are acceptable for the size of the account, and their reporting is decent, but sometimes getting someone on the phone who actually understands the nuances of physical silver storage versus just generic funds can be a bit of a pain. My main concern is ease of scaling and potential for more personalized service as this part of my portfolio grows. I’m thinking about diversification a bit here, not just in assets but in custodians too, especially as I consider adding more large silver coin purchases over the next few years.
So, for those of you with significant precious metals IRAs, especially silver, who are you using as your custodian? Any real standout experiences? Or horror stories to avoid? I’m particularly interested in custodians who are proactive, understand the unique aspects of physical silver (like specific coin types, proof vs. bullion, etc.), and have good communication channels beyond just automated systems. Accessibility to your physical assets is also a big one for me, should the need arise. What’s your take?