Diamond State offers the following custody account types:
Commercial Accounts
Standard Custody Account – This account provides the services expected by most commercial customers, particularly the high volume bullion dealers, such as:
- Insured custody
- Daily account transaction confirmations
- Month-end inventory reports
- Personalized customer service
Demarcation Premium Custody Account – This account provides companies with additional labor-intensive services, beyond those offered through a Standard Custody Account. These include:
- Coin and Proof Set Inspections
- Mint Year Storage and Reporting
- Many Other “Value-Added” Tasks
Collateral Custody Account – This account is established using a special purpose three-way agreement between the Borrower who owns the Assets in storage, the Lender who has agreed to accept the Assets as collateral to a loan to the Borrower, and Diamond State. As a the third-party custodian of the collateral, Diamond State protects the interests of both the Lender and Borrower.
Note: Sub-accounting services are available for all commercial accounts.
Individual Accounts
Personal Custody Account – This account is especially tailored for individual investors who can select one of two storage options:
- The economical Standard Storage Option, where their metals are stored with those of other Diamond State personal storage customers, or
- The Segregated Storage Option, where, for an additional fee, their metals are stored separate and apart from the metals of Diamond State’s other Personal Custody customers.
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