There are two different ways of purchasing and storing bullion with BullionStar:
1) Bullion Products - Specific allocated bullion products under direct legal ownership
Specific allocated bullion refers to your ownership of specific bullion items such as bullion coins and bullion bars which are stored with BullionStar under your direct legal ownership, and where BullionStar is merely acting as your storage provider.
When you buy uniquely identifiable bullion products from BullionStar and store this bullion in BullionStar's vault, you retain full ownership and legal title to the products that you have purchased. For example, if you buy two 100 gram gold bars for storage, you maintain full legal title to two identifiable serial-numbered 100 gram gold bars.
The bullion products you own are inspected, photographed and stored under your legal ownership at BullionStar's vaults. With BullionStar's Vault Storage Solution, you can buy, sell or request physical withdrawal of your precious metals at anytime.
BullionStar employs five different audit methods, including bi-annual audit by LBMA approved auditor Bureau Veritas.
With Account Dashboard, you can view, analyze and value your bullion portfolio online, in a number of different currencies.
2) Bullion Savings Program (BSP) - Save or trade physically backed grams of gold, silver and platinum at a low premium and low spread!
BullionStar's Bullion Savings Program is a unique savings and trading solution for physically backed gold, silver and platinum. BSP Grams are fully backed by BullionStar’s stock inventory of physical precious metals.
A daily report of the gold, silver and platinum backing each of the three BSP programs is available to view each day here.
BSP Grams can be converted into physical bullion bars produced by LBMA refineries without any charge, or sold back to BullionStar at any time.
There are no fees for buying, selling or converting BSP grams into physical bullion bars.
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