Allocated Storage
In allocated storage, specific bars or coins with individual serial numbers are assigned to you and kept physically separated from other clients' metal and the depository's own holdings.
Allocated vs. Unallocated Storage
| Allocated | Unallocated | |
|---|---|---|
| Ownership | Specific, serialized pieces | Claim on a pool |
| Counterparty risk | None | Yes — if custodian fails, you're an unsecured creditor |
| Storage fee | Higher (0.1–0.5%/yr) | Lower or free |
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