Category Archives: Europe

List Of Offshore Private Vaults Updated

The list of private, non-bank vaults outside the United States (offering safe deposit boxes/lockers at a minimum) located on this blog’s sister site- Offshore Private Vaults- has just been updated.

Safe deposit facilities now open for business have been added under the following countries:

-Hong Kong (Smart Secured Storage)
-Liechtenstein (Liemeta AG, Triesen)
-United Kingdom (Swansea Safe Deposit, Swansea, Wales)

That’s it for now. Any new facilities I missed? I’d be grateful if you let me know about them. In the meantime, readers can view the updated list of offshore private vaults here.

Christopher E. Hill
Editor

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Next Degussa Numis Day To Take Place March 30, 31

Rare numismatic coins often find their way into safe deposit boxes.

And Degussa, a leading international player in the precious metals world which also offers safe deposit boxes (for customers) at branches in Germany, Singapore, Spain, and Switzerland, has posted information about the next Numis Day (first blogged about here) at their Geneva and Zurich showrooms. From their website:

The Next Numis Day

We appreciate and appraise your treasures- in Zurich and in Geneva

Coins tell of great civilisations; they bring history to life. And they are of enduring value. Do you wish to put a lovingly curated collection or individual items in the best of hands while benefiting from the extensive expertise of a renowned precious metals trading house? Then you have come to the right place. A simple phone call is all it takes to arrange an appointment at our next Numis day.

Location:
In our showroom in Quai du Mont-Blanc 5 in Geneva
Date:
On March 30, 2017 from 9 am to 5 pm.

Location:
In our showroom in Bleicherweg 41 in Zurich
Date:
On March 31, 2017 from 9 am to 5 pm.

We provide comprehensive advisory service.

Our coin expert Robert Eberlein will be there all day to evaluate your pieces and give you tips. He looks forward to discussing the finer points of numismatics with you.

You can rely on us to provide a fair market value determination, and, on top of that, to offer other marketing options: If you wish, you can sell directly to us at a fair price on Numis Day. Or we can consult with you and jointly determine the best marketplaces for your special treasures, for example, international coin auctions or prestigious Internet platforms.

Are you interested in coins as an investment? If so, our experts will also be happy to advise you on Numis Day. Numismatists have been collecting historical coins for centuries, and the popularity of this pursuit has not waned. If you wish, we can also represent you at auctions worldwide.

Do you wish to sell old gold?

Numis Day is all about historic coins.

Please arrange a separate appointment with us if you wish to evaluate and sell gold jewellery, old gold or silver.

For more information about Degussa’s next Numis Day or the company, visit their website here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Related Reading: Switzerland, Canada, United Kingdom Top U.S. News & World Report’s 2017 ‘Best Countries’ Rankings

Here’s an annual survey one might consider when selecting an offshore safe deposit box location.

U.S. News & World Report just released its “Best Countries” rankings for 2017. Kevin Drew reported Tuesday morning on the American media company’s website:

Switzerland is viewed as the No. 1 overall country, according to a survey of more than 21,000 people from 36 countries in all regions of the world. People regard the European country highly for its citizenship, being open for business, an environment that encourages entrepreneurship, the quality of life it provides its citizens and for its cultural influence.

Switzerland is one of 20 new countries evaluated this year, as the total number of nations assessed in the survey grew to 80.

Canada finished No. 2 overall and the United Kingdom No. 3, as both did last year. Germany fell from its top spot in 2016 to No. 4 this year, while Japan moved up two positions to No. 5 overall…

(Editor’s note: Bold added for emphasis)

As for the United States? It placed seventh, behind Sweden.

Head on over to the U.S. News & World Report site here to view the entire article and access the overall rankings.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: A qualified professional should be consulted prior to making a financial decision based on information found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Related Reading: London’s Sharps Pixley Spotlighted By The Spectator Magazine

Monday evening I read an interesting article about London, England-based precious metals showroom/safe deposit box service Sharps Pixley (first blogged about here). Margareta Pagano wrote on the website of The Spectator (UK) this past weekend:

When the going gets tough, the tough go shopping. And when the going is seriously tough- as it may be when Trump and Putin really start stirring global trouble- they shop for gold.

And where could be more convenient to do so than at Sharps Pixley in St James’s Street?…

You can go straight for the one-kilo bars, about the size of an iPhone, at £33,130 each. [Sharps Pixley CEO Ross] Norman gives me one to hold; it’s cold and heavy, its shininess like the golden wrapping of a chunky caramel chocolate bar. You see why the Egyptians called it the ‘breath of the gods’; there’s something primal about holding the bullion in your hands.

Some shoppers take the bars home in bags, but most store them in safe-deposit boxes in the shop’s vaults. There are more than 200 gold and silver products for sale here. Real roses dipped in pure 24 carat gold, from £100, are a bestseller…

(Editor’s note: Bold added for emphasis)


“Why Gold Is A Safe Haven Investment”
Sharps Pixley’s London facility featured (Feb. 2016)
YouTube Video

You can read the entire article here on The Spectator website. For more information about Sharps Pixley, head on over to their site here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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Related Reading: Harrods Safe Deposit Article On The Huffington Post Website

While putting together the list of offshore private vaults offering safe deposit boxes/lockers for this blog’s sister site, I learned that two of the best-known department stores in the world- Harrods and Selfridges in London, England- provided this service.

Yesterday, The Huffington Post website published a piece about Harrods Safe Deposit, which opened in 1896 and according to the store’s website:

…is a fully secure safe and strong room facility that guarantees complete safety and confidentiality. Personal safes can be rented at a yearly flat rate, from a small box right up to whole strong room.

Michael Levin wrote Wednesday in “What You Don’t Know About Harrods (But The Rich And Famous Do)”:

One of the most unique services the store offers is most likely unknown to all but a few of its shoppers.

I’m talking about the Safe Deposit at basement level where, since the current building’s creation in 1897, customers have kept safe deposit boxes and “strong rooms” where they keep money, collectibles, art, antiques, and other valuables as safe as in any bank.

The clientele for the service includes royals from around the world, VIPs, celebrities, movie stars, and the ultra-rich who have often passed their Harrods safe deposit boxes and strong rooms from one generation to the next…

Levin went on to talk about that private vault’s construction, it’s history, modern-day operations, and the head of the Safe Deposit Gary Parkins, who is set to retire in 2017 after forty years of service to Harrods (congratulations Mr. Parkins!)

An interesting piece, which you can read in its entirety here on The Huffington Post website. And for more information about Harrods Safe Deposit, head to its web page here.

By Christopher E. Hill
Offshore Safe Deposit Boxes (www.offshoresafedepositboxes.com)

(Editor’s note: The mention of entities marketing themselves as private vaults outside the U.S. offering safe deposit boxes/lockers at a minimum should not be construed as confirmation of services claimed to be provided or any sort of recommendation. A qualified professional should be consulted prior to making a financial decision based on material found in this weblog. If this recommended course of action is not pursued, then it must be understood that the decision is the reader’s and the reader’s alone. Christopher E. Hill, the creator/Editor of this blog, is not responsible for any personal liability, loss, or risk incurred as a consequence of the use and application, either directly or indirectly, of any information presented on the site.)

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