Disclosure: Some of the links you’ll encounter are unique links. Click and buy something and I’ll earn some money, at zero expense to you. Thank you!
The Texas Bullion Depository, launched in 2018 in Leander, Texas, is the first state-administered precious metals storage facility in the United States.
Operated by Lone Star Tangible Assets under oversight of the Texas Comptroller, it offers secure storage for gold, silver, platinum, palladium, and rhodium, both within IRA accounts (except for rhodium) and as standalone bullion holdings.
The facility spans over 40,000 square feet with reinforced vaults, advanced security systems, and is insured through Lloyd’s of London.
Clients benefit from segregated storage, real-time online account access, and state-level oversight. Its primary vault can hold up to 12 million ounces of precious metals, though exact customer holdings are confidential.
A notable feature is its Debit Card program, which allows account holders to spend their metal holdings in everyday transactions by converting assets to dollars at the point of sale, blending traditional finance with precious metal ownership.
What is the Texas Bullion Depository? Is it Legit What are this Depository’s Features?
The Texas Bullion Depository is the first state-administered precious metals depository in the U.S. It was launched in 2018 in Leander, Texas and is operated by Lone Star Tangible Assets under the oversight of the Texas Comptroller.
Texas Bullion Depository was created to give investors secure, high-security storage for gold, silver, and other precious metals
This precious metal depository offers both personal and corporate storage, allowing individuals to hold they physical assets within Texas, protected by state-level security.
Feature of Texas Bullion Depository are:
- High-security infrastructure. The facility is a 40,000+ square-foot, purpose-built facility featuring reinforced concrete, hardened vaults, multiple controlled access points, and advanced intrusion detection systems.
- State oversight and auditing. The facility is authorized by the state of Texas and administered under the Texas Comptroller of Public Accounts.
- Segregated storage. Metals aren’t commingled. Each client’s assets are fully segregated and held under their own title.
- Account access and security. Provides real-time online account access with photographic verification of deposits, protected by at least 256-bit encryption.
- Asset protection. All-risk insurance is provided through Lloyd’s of London.
- Services. Texas Bullion Depository offers IRA storage, bullion storage, and estate planning services.
What are the Fees for Storing Precious Metal in Texas Bullion Depository?
Here’re the fees for storing precious metals in the Texas Bullion Depository.
| Average Daily Value From | To | Annual rate |
|---|---|---|
| $0.01 | $499,999.99 | 0.49%* |
| $500,000.00 | $999,999.99 | 0.44% |
| $1,000,000.00 | $2,499,999.99 | 0.39% |
| $2,500,000.00 | $4,999,999.99 | 0.34% |
| $5,000,000.00+ | / | / |
Does Texas Bullion Depository Store Gold? How Much Gold is Stored There?
Yes, Texas Bullion Depository stores gold. Their facilities can hold up to 12 million ounces of precious metals in their primary vault.
The amount of gold currently stored in Texas Bullion Depository is confidential and not disclosed to the public.
Note: Texas Bullion Depository stores both gold as part of IRA accounts and gold bullion (coins, bars and ingots) outside of retirement accounts.
Does Texas Bullion Depository Store Silver? How Much Silver is Stored There?
Yes, Texas Bullion Depository stores silver. Their facilities can hold up to 12 million ounces of precious metals in their primary vault.
The amount of silver currently stored in Texas Bullion Depository is confidential and not disclosed to the public.
Note: Texas Bullion Depository stores both silver as part of IRA accounts and silver bullion (coins, bars and rounds) outside of retirement accounts.
Does Texas Bullion Depository Store Platinum? How Much Platinum is Stored There?
Yes, Texas Bullion Depository stores platinum. Their facilities can hold up to 12 million ounces of precious metals in their primary vault.
The amount of platinum currently stored in Texas Bullion Depository is confidential and not disclosed to the public.
Note: Texas Bullion Depository stores both platinum as part of IRA accounts and platinum bullion (coins and bars) outside of retirement accounts.
Does Texas Bullion Depository Store Palladium? How Much Palladium is Stored There?
Yes, Texas Bullion Depository stores palladium. Their facilities can hold up to 12 million ounces of precious metals in their primary vault.
The amount of palladium currently stored in Texas Bullion Depository is confidential and not disclosed to the public.
Note: Texas Bullion Depository stores both palladium as part of IRA accounts and palladium bullion (coins and bars) outside of retirement accounts.
Does Texas Bullion Depository Store Rhodium? How Much Rhodium is Stored There?
Yes, Texas Bullion Depository stores rhodium. Their facilities can hold up to 12 million ounces of precious metals in their primary vault.
The amount of rhodium currently stored in Texas Bullion Depository is confidential and not disclosed to the public.
Note: Rhodium coins and bars aren’t IRA-approved so you can only store rhodium bullion outside of your gold IRA account in the Texas Bullion Depository.
Does Texas Bullion Depository Store Osmium?
No, Texas Bullion doesn’t store osmium. Osmium coins and bars are rare on the market and there’s no demand for osmium storage in the U.S..
Does Texas Bullion Depository Store Ruthenium?
No, Texas Bullion doesn’t store ruthenium. Ruthenium coins and bars are rare on the market and there’s no demand for ruthenium storage in the U.S..
Does Texas Bullion Depository Store Iridium?
No, Texas Bullion doesn’t store iridium. Iridium coins and bars are rare on the market and there’s no demand for iridium storage in the U.S..
What is the Texas Bullion Depository Debit Card?
The Texas Bullion Depository Debit Card is a digital payment system that enables users to spend gold or silver holdings directly from their Texas Bullion Depository account for daily purchases.
This card converts user’s precious metal holdings into dollar amounts at the point of sale, offering a way to use “sound money” in everyday transactions.
This novel debit card works like a standard debit card or mobile application. It allows U.S. citizens to convert their metal holdings into fiat currency for immediate transactions.
Think of this debit card as a way for people who deposited valuables in Texas Bullion Depository to bypass inflation by holding assets in precious metals while maintaining the liquidity of a traditional debit card.
What is the Texas Bullion Depository? Is it Legit? Conclusion
The Texas Bullion Depository, launched in 2018 in Leander, Texas, is the first state-administered precious metals storage facility in the U.S. Operated by Lone Star Tangible Assets under the Texas Comptroller’s oversight, it stores gold, silver, platinum, palladium, and rhodium in a 40,000+ square-foot vault capable of holding up to 12 million ounces.
It offers segregated storage, Lloyd’s of London insurance, and real-time online account access. Both individual and corporate clients can store metals inside or outside IRA accounts. A unique Debit Card feature also allows account holders to spend their precious metal holdings in everyday transactions.
Nikola Roza
Nikola Roza is the owner of Nikola Roza- Everything You Can Learn About Precious Metals. He writes for people who love precious metals and jewelry and who're interested in adding gold, silver platinum and palladium to their retirement portfolios. Nikola is passionate about gold IRAs and investing in multiple asset types for a safer financial future. He also runs a successful online jewelry store where you can buy precious metal jewelry and various replicas of famous coins and bars. Learn about Nikola here.
