Delaware Depository Service Company, LLC (DDSC) is a precious metals custody and distribution center located in Wilmington, Delaware providing vaulting and shipping services for financial institutions, industrial companies, and investors worldwide.

It is a licensed precious metals depository of regulated commodities exchanges Nymex, Comex, and NYSE Liffe. It stores gold, silver, platinum, and palladium. DDSC owns all of its buildings and equipment; they are not rented, leased, or shared. A number of the gold IRA companies we have reviewed on this site, use Delaware Depository for their gold storage for your IRA.

Its vaults are physically fortified, feature timed locks and automatic re-locking devices, and are under extensive 24/7 security monitoring which can detect motion, sound, and vibration.

Delaware Depository was founded in 1999 and offers bullion and coin custody, shipping, and account administration. It is the largest American precious metal depository outside of New York City. It is particularly attractive to investors due to the state of Delaware’s flexible tax laws. Wilmington, DE is also geographically separated from major political and financial centers such as New York City or Washington, D.C., as the area rarely experiences natural disasters.

About the author 

Nathan Tarrant

Nathan has worked in financial services, marketing, and strategic business growth for over 30 years, as well as working in internet marketing since 1998.

In 2008 after the financial crash, Nathan operated as a financial & investment advisor to delegates of the United Nations, the World Health Organization, and senior managers of Fortune 500 companies in Geneva, Switzerland.

He started Gold Trends as he enjoys working with alternative investments, having advised on them in the past.

Please note: Nathan is no longer a financial or investment advisor. The information he shares on this site is purely for education and information purposes only. You can read more on the About page.

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