What are gold and silver dollars?
The U.S. Government mints legal tender one ounce gold & silver coins denominated as fifty dollars (for gold) & one dollar (for silver). Therefore, one gold dollar is 1/50th of a one ounce gold coin from the mint.
How much does this service cost?
It depends. Every account includes the following three options below.
U.S Legal Tender Gold Coin accounts cost about a $4.00 per month membership fee (which includes your first two gold coins). Each additional gold coin costs about 40 cents. All fees are denominated in metal and change with the price of gold.
Silver accounts have no membership fee and cost about a penny per coin per month for vaulting and insurance. These fees are also denominated in silver.
Goldback accounts have no membership or vaulting fees.
What does the UPMA membership fee cover?
The membership fee covers commercial vaulting and insurance, as well as preparation of your online monthly statements and member support services. It also makes the business model viable with the 0% buy/sell spread.
Goldback and Silver accounts do not have a membership fee.
Are these accounts insured?
Yes, all gold & silver legal tender holdings are insured by Lloyd's of London against loss, theft, or damage. Paper dollars held in escrow or trust accounts with financial institutions are covered by federal credit insurance, such as the FDIC.
What are the choices?
At AlpineGold we only use U.S. legal tender Gold & Silver coins. These coins are official U.S. currency and may be circulated like any other dollar.
Goldbacks are also offered.
How can I use this account?
Our service is best used as a highly liquid, inexpensive, gold or silver based savings account. Our 0% buy/sell spread significantly reduces the penalty of owning metals.
Recently free Goldback accounts have been added. Members may have Goldbacks shipped, more information here.
Can I add a beneficiary or joint tenant?
Yes, simply have them create an account. Then you can link them to yours with whatever right you choose. You can link them in our website in the “My Account Info” tile.
How can I fund my account?
Funding by Wire or Check is best. Members may also ship precious metals or deliver cash to the office. Members can make auto-matic monthly deposits as well by ACH.
How do I take physical possession of my gold?
We can have your coins ready within 48 hours notice. You can pick them up in person at our office, or we can ship them to you. We require a copy of your photo ID, and we also require address verification for all shipments.
How do I know that the gold is really there?
We make audits publicly available upon request. Members with holdings worth at least $50,000 may request to participate in a regular physical audit. Our goal is to be one of the world's most transparent, and trusted vaulting services.
Is AlpineGold a bank?
No, banks loan out your money and are only required to keep a small percentage of it in reserve. We hold a 100% reserve for all deposits. Your gold & silver dollar holdings are never loaned to others unless you authorize it.
AlpineGold is a privately run repository in Utah.
May I deposit my own gold and silver?
Yes, gold and silver may be deposited in person at our office or by mail. More information here:
What are Goldbacks?
The Goldback is a local, voluntary, gold currency that is denominated in 1/1,000th of an ounce increments. Goldback accounts carry no vaulting or membership fees. Read more on Goldback.com in the FAQ section. more information here: