Track metal across several storage locations

Short answer: Give every piece a storage location in your records, keep one master list, and review it yearly so you always know what is where.

Name your locations

Use clear, short names for each place you store metal, such as home safe, bank box or vault, and use the same names every time.

  • Home safe
  • Safe deposit box
  • Custodian vault, allocated or unallocated

Record the location with each piece

When you add a purchase, note where it will be kept. When you move a piece, update the location the same day.

Keep one master list

A single list that shows what is at each location lets you check totals quickly and gives your family one place to look.

Think about access

Note who can open each location and how, so the metal can be reached if something happens to you.

Questions

Is it wise to split metal across locations?+

Many people do, because it spreads risk. It also makes records more important, because you have more places to keep track of.

How do I handle metal held by a custodian?+

Record the custodian, whether the storage is allocated, and keep their statements with your records.

Your metal is worth knowing about.

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