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Dillon Gage Offers Full-Service Metals Storage at IDS of Canada

IDS Is the Only Depository in Canada Servicing All Metals Market Segments


dillon Gage Canada
dillon Gage Canada
PRLog (Press Release) - Dec. 10, 2013 - TORONTO, Canada -- TORONTO, CANADA (December 4, 2013)… In the past, many investors have looked to Zurich as the primary target for precious metals storage outside of the United States. Today they should consider a location a little closer to home. International Depository Services of Canada (http://www.idsofcanada.com/), or IDS, is a privately owned, full-service precious metals depository located outside Toronto, Ontario. IDS is solely owned by Dallas-based international dealers, Dillon Gage Metals (http://www.dillongage.com/metals), and was custom-built to serve the unique needs of the entire physical precious metals industry.

“We recognized the need for institutional entities and private investors to be able to geographically diversify their precious metals holdings. With the constant concerns of storing in the target-rich environment of New York City, we wanted to provide a logistically safe location as well as a convenient one,” says Terry Hanlon, President of Dillon Gage Metals. IDS is located near Toronto’s bustling financial district, just a two-hour flight from New York. It operates out of a highly secure facility with 24-hour security under dual-control systems.

Never before has there been a storage option such as this. “Canada has several custody services serving parts of the metals industry. IDS is the only facility with a fully trained staff and technology systems solely dedicated to the precious metals industry,” Hanlon explains.

Clients include metals dealers, brokerage houses, banks, refineries, mining operations, national mints and individuals. IDS is also equipped to ship bullion bars and coins to any allowable country in the world.

IDS of Canada provides customers with secure vault and warehouse space in a convenient, state-of-the-art facility. The depository offers a wide range of services, including segregated custody accounts, and is structured to safely receive and store metals products in a multi-redundant, Underwriters Laboratories of Canada-rated system. IDS offers:

·         Segregated storage, insured through Lloyds of London

·         Electronic data transmission for all transactions and collateral holding reports

·         Distribution and fulfillment services for commercial accounts

·         International shipments of precious metals

·         Customs clearance assistance

·         Collateral custody accounts serving lenders and borrowers

As an added benefit to clients, precious metals stored at IDS are held off of its balance sheet, meaning that their titles aren't subject to any claims beyond those of the owner.

Hanlon notes that IDS of Canada has plenty of room to store silver, which is bulkier than gold and platinum. Silver items that typically require storage include 100-ounce and 1,000-ounce bars, along with boxes of Canadian Silver Maple Leafs and American Silver Eagles. A 1,000-ounce silver bar is 13 inches long and weighs 70 pounds.

IDS is supported by decades of professionalism and storage experience at Dillon Gage Metals and its independently-operated subsidiary Diamond State Depository in Delaware, states Hanlon.

The facility is located at 3300 Caroga Drive, Mississauga, Ontario L4V 1L4. For more information on IDS, go to www.IDSofCanada.com or call toll free: 855-362-2431.

Dillon Gage Metals offers bullion trading, online trading of physical metal, jewelry trading and liquidation, refining services, and rare coins and estate liquidations.

For more information on Dillon Gage Metals, please visit www.dillongage.com/metals or phone 800-375-4653. Follow Dillon Gage on Twitter @DillonGage, on Facebook at http://www.facebook.com/dillongage or the Dillon Gage Metals Blog: http://dillongageblog.com/. For the Dillon Gage Metals Smartphone App, visit the iTunes store (https://itunes.apple.com/us/app/dillon-gage-metals/id586486914) or Google Play (https://play.google.com/store/apps/details?id=com.dillongage.metals).

About Dillon Gage Metals

Dillon Gage Inc. of Dallas (www.DillonGage.com) was founded in 1976, and its companies include:

·         Dillon Gage Metals, www.DillonGage.com/Metals, is one of the largest precious metals dealers in the U.S. (www.DillonGage.com/Metals) 800.375.4653

·         FizTrade Online Trading, (www.FizTrade.com) offers real-time trading for bid and ask markets for gold, silver platinum and palladium. 800.375.4653

·         Diamond State Depository LLC, (www.DiamondStateDepository.com) is a secure and insured precious metals and certified coin depository outside Wilmington, DE. 888-322-6150

·         International Depository Services of Canada Inc., (www.IDSofCanada.com) is a secure and insured precious metals and certified coin storage facility near Toronto. 855-362-2431

·         Digital Metals,(www.DigitalMetals.com) is responsible for delivering advanced tools and technologies that enable dealers to be more successful in their businesses. The company offers cloud-based solutions for physical precious metals built upon the Digital Metals Platform.

Media Relations Contact:

Jo Trizila


O: 972-247-1369

C: 214-232-0078

Jo Trizila


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Source:International Depository Services of Canada
City/Town:Toronto - Ontario - Canada
Industry:Business, Security
Tags:silver storage, precious metals, depository, bullion, Canada storage
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