Your precious metals assets deserve storage from a trusted source providing complete documentation, ease of access and delivery when you need it. When you buy precious metals products from APMEX, you can choose to have them delivered directly to a high-security, private storage facility, managed by one of the world’s leading security companies, through Citadel Global Depository Services. – Open an account here: http://po.st/y2EnJ9
Law Exempts Precious Metals Purchases if they Meet Other Requirement
For Immediate Release
Contact: Andrew Duffle (405)595-2100 X 265
Oklahoma City, OK, May 15, 2012: Residents of Oklahoma can legally purchase Gold and Silver coins, bars and rounds from Oklahoma precious metal dealers without paying any sales taxes on that purchase.
A recent law was enacted by the Oklahoma legislature that allows residents of Oklahoma to purchase Gold or Silver coins, rounds or bars, in any amount, from an Oklahoma precious metal dealer without paying any state sales tax, with one important provision. In order to comply with this law, the precious metal products must be stored in a non-bank Depository for safekeeping. The bill specifically does not apply to the purchase of gold or silver items used as jewelry or for artistic or ornamental use. House Bill 3166 passed the 2010 Oklahoma Legislature, with bi-partisan support, and was signed by the Governor. The intent of the bill was to help Oklahomans buy precious metals as they do other investments, without any sales taxes being levied on the purchase.
“We were very pleased to see that the Oklahoma Legislature passed this important measure that leveled the playing field for Oklahoma investors. Now investors don’t have to buy their precious metal products from out-of-state dealers, nor are they subjected to paying more than 8% of sales tax on an investment-type asset, “said Michael Haynes, CEO of APMEX, Inc., of Oklahoma City (www.APMEX.com). APMEX is one of the nation’s largest online precious metals dealers. “In order to help Oklahomans comply with this law, APMEX has created a wholly-owned subsidiary called Citadel Global Depository Services, Inc., (www.cgdsi.com) which secures storage services from one of the most trusted names in the storage of valuable assets,” Haynes concluded.
“Citadel was created to help investors safely and securely store their precious metal products in a high security location. Through our exclusive arrangement with one of the oldest names in the transportation and storage of precious metals, we can provide safe, secure and economical storage for all Oklahoma investors, “ said Mike Garofalo, President of Citadel. “Citadel customers have online access to their holdings 24/7 and the value of their holdings is updated daily. In that way you always know what your Gold and Silver products are worth, whether you own a thousand dollars or ten million dollars worth of precious metals, “Garofalo stated.
About APMEX, Inc.
APMEX is one of the nation’s largest online precious metal; retailers. Located in Oklahoma City, OK, APMEX serves their customers worldwide through their website (www.apmex.com). APMEX offers over 5,000 different types of precious metal products for every investment need.
About Citadel Global Depository Services, Inc.
Citadel provides storage services for precious metal buyers worldwide. Located in Oklahoma City, Citadel’s services and benefits can be viewed online at their website (www.cgdsi.com). With highly competitive storage rates, very low minimums, 24/7 access to viewing your holdings and an exclusive arrangement with a global leader in security, Citadel provides an unparalleled storage option. A Citadel account may be opened without any obligation until product is deposited for safekeeping.
High Security, Private Storage of your Precious Metals
Your precious metals assets deserve storage from a trusted source providing complete documentation, ease of access and delivery when you need it. When you buy precious metals products from APMEX, you can choose to have them delivered directly to a high-security, private storage facility, managed by one of the world’s leading security companies, through Citadel Global Depository Services.
Introducing Citadel Global Depository Services, Inc., a wholly owned subsidiary of APMEX. Citadel is a precious metals depository services company that provides maximum security for your precious metals.
Open An Account Now to Win a ½ oz 2012 Gold American Eagle
For a limited time, you will be entered in a monthly drawing1 to win a ½ oz 2012 Gold American Eagle when you open your Citadel account. 1 Opening an account is easy, and there’s no cost to open an account and no obligation to use the account. Once you’ve opened your account, you simply choose the Citadel storage option when you make your future purchases from APMEX. Open your Citadel account today and be entered to win. But hurry, this introductory offer expires July 15, 2012. If you open your account before June 12th, 2012, you will have two chances to win a free ½ oz 2012 Gold American Eagle to be deposited to your new Citadel account.
Citadel Offers High Security, Third Party, Vault Storage Solutions for APMEX Customers
- Unparalleled security under an agreement between Citadel and one of the world’s most prestigious private vault services
- Free account set-up, no fees until a deposit is made; Free shipping to storage
- For a limited time customers making new purchases from APMEX will receive first three months of storage Free
- Easy, one click to place APMEX purchases into private and secure third party storage
OKLAHOMA CITY, March 6, 2012– APMEX, Inc., one of the largest online retailers of Gold, Silver and other precious metals, today announced the launch of Citadel Global Depository Services, Inc., a wholly owned subsidiary. Through a proprietary agreement with one of the world’s largest secure vault services, Citadel customers will have the opportunity to safely store their Gold, Silver and other precious metals in a high and private security storage facility. Details of the arrangement are found at http://www.cgdsi.com/.
Michael Haynes, CEO of APMEX, Inc., said, “The launch of Citadel complements the services of APMEX in that a customer can decide either to take direct physical delivery by courier or instruct Citadel to deposit the products into the internationally recognized secure storage facility with a fully segregated and fully allocated account, identified by number.” Haynes continued, “We believe this is one of the most significant advancements in the acquisition of physical Gold, Silver and other precious metals, in that a purchase can be completed on the Internet with a click, followed by independent, third party secure storage with a click. Our customers receive a transaction and monthly statement of their holdings.”
Citadel has the ability to store all types of Gold, Silver and other precious metal coins, bars and rounds that are sold by APMEX. At the APMEX checkout, Citadel customers will have the option to send their APMEX purchases directly to a high security storage facility at no cost for shipping. All holdings stored through Citadel are fully protected against physical loss, damage or theft. All of the Gold, Silver and other precious metals are fully allocated and completely segregated for each individual customer, and are housed in an individual location, separate from those of other customers. In addition, customers can review current holdings and transaction details at any time by visiting the Citadel website. Customers can create a new account on Citadel’s website at http://www.cgdsi.com/.
“We are very excited to offer a service that will provide our customers with detailed reporting, protection against loss or damage, highly-competitive pricing, fully segregated storage, and complete confidentiality,” said Michael Garofalo, President of Citadel. “We believe that our agreement with a major international, third party storage service offers reassurance to our customers that their products are safe and secure, and that sets us apart from our competitors.”
About Citadel Global Depository Services, Inc.
Citadel Global Depository Services, Inc. is a wholly-owned subsidiary of APMEX, Inc. Citadel provides customers with a safe and secure vault storage solution for their precious metal holdings. For additional information visit http://www.cgdsi.com/ or call 1-888-518-7596.
About APMEX, Inc.
APMEX, Inc. is one of the largest online retailers of Gold, Silver and other precious metal products and offers one of the world’s largest retail selections including all U.S. Mint bullion products such as Gold, Silver and Platinum American Eagle Bullion coins. In addition, APMEX also sells all types of Royal Canadian Mint Products including Gold, Silver, Platinum and Palladium Maple Leaf coins as well as Krugerrand gold coins of South Africa. APMEX is also a member of the American Numismatic Association, the International Precious Metals Institute and the Industry Council for Tangible Assets. For additional information visit http://www.APMEX.com/ or call 1-800-375-9006
- Getting Started With Precious Metals Investing (apmex.wordpress.com)