Home Storage vs. Depository for Gold IRA - A Platinum Investor's POV

• •My gold IRA portfolio is currently sitting at about $180k, all in physical gold, and I’m definitely seeing the tax advantages there.
• •I bought in heavily a couple years ago when things felt super shaky, and it’s been a solid anchor in my retirement planning.
• •The appeal of home storage is obvious, right?

Okay, so I'm an accountant here in Atlanta, and I've been kicking around the idea of a Platinum IRA for a bit now, specifically looking at the home storage option versus the traditional depository. My gold IRA portfolio is currently sitting at about $180k, all in physical gold, and I’m definitely seeing the tax advantages there. I bought in heavily a couple years ago when things felt super shaky, and it’s been a solid anchor in my retirement planning.

The appeal of home storage is obvious, right? Having direct physical access to my assets, not having to worry about a third-party, and just the sheer psychological comfort of knowing it's right there. I've got a decent safe already, and honestly, the thought of being able to touch and see my platinum is strangely appealing. I spend all day crunching numbers, so anything that feels more tangible is a win. However, the flip side is the security and insurance aspect. My homeowner's policy definitely wouldn't cover the full value of $180k+ in platinum, and getting a separate rider for that much seems like it would eat into the benefits pretty quickly. Plus, the whole self-custody rules for an IRA are a bit murky to me – I understand the basic concept of keeping it separate, but the nitty-gritty of IRS compliance for metals at home makes me somewhat nervous.

Then there's the depository option. On one hand, it's totally secure, fully insured, and designed specifically for this. It takes away all the headache of worrying about theft, fire, or accidental damage. I've heard good things about Brink's and Delaware Depository, and the peace of mind would be huge. But, and it's a big "but" for me, it feels like I'm giving up some control. What if I need to liquidate quickly? What are the fees like long-term, and do they erode too much of my gains? I'm already pretty conservative with my investments, so every percentage point counts. I also genuinely enjoy having something outside of the traditional financial system, and a depository still feels a bit too "part of the system" for my liking, even if it's the safest bet.

So, for those of you with significant physical precious metal IRAs, especially platinum, what have your experiences been? Did anyone here seriously consider home storage and then decide against it, or vice-versa? Are there any hidden pitfalls or benefits I'm not thinking of with either option, especially regarding IRS compliance for the self-directed part? Trying to weigh the security of a depository against the direct control and accessibility of home storage. Any insights would be appreciated!