frequently asked questions

faq

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Investment precious metals are gold and silver stored in a third party vault for a period of three months in the following forms, as; (a) legal tender gold and silver bullion coins; and (b) gold bullion rounds and bars (in an investment form) of at least 99.5% fineness; and (c) silver bullion rounds and bars (in an investment form) of at least 99.9% fineness.
An investor, is defined as a private individual who purchases investment precious metals to secure his wealth in Israel, only for investment purposes. ie. not for business.
There are no reporting requirements in Israel or the United States of precious metals held personally for investment (outside the banking system) to any government institution.
iGold is the first and only Company in Israel able to sell physical investment gold and silver at 0% VAT to investors in Israel.
For tax purposes we cannot import a customers private gold into Israel. We can only import through one of our approved suppliers; Pamp Suisse, APMEX and Perth Mint.
For investment – minimum order of $30,000. For private or business – minimum order of $10,000.
All our products are imported from the largest Retailer, Refineries and Government Mints in the world. Our products are all brand new (in brilliant un-circulated condition). Most of our products are purchased direct from the US/Canadian Government Mint. Every product we import is fully assayed and comes in its original tamper proof packaging and full documentation.
Gold +-8% above spot and silver +-$5/oz above spot.
All our shipments are fully insured for 100% of the value of the precious metals. Should anything happen while your package is in transit, your order is covered 100% by our insurance policy. Precious metals stored with our vault provider are insured for the precious metal content (ie. spot price).
iGold is a private Israeli company, managed by precious metal tax and import specialists established in Jerusalem in 2012. Our Company is managed by an auditor and Israeli Certified Public Accountant out of offices in Eilat and Jerusalem. Importing precious metals into Israel requires technical knowledge of Israel’s Customs and Tax laws; iGold are specialists and provide highly secure and discreet services to clients.

Other Questions

No. If we do not have your products in stock and we must order from our suppliers; once we lock in a price, it is very difficult to change the order quantities. We will try our best to accommodate you but as a rule we cannot change your order quantities once you have agreed to the order details.
Our Company (Israel Gold and Silver Coins Ltd) acts as the custodian of your gold stored at A-Team Security Solutions Ltd. The gold fully belongs to our clients.
You have no counterparty risk towards iGold. The gold you purchase is stored from day 1 in your name and therefore failure of our Company does not affect your gold ownership.
Bank transfer only, or cash if below $10,000
The pricing on our website are not final, it is determined by the size of your order, the products you are purchasing and the shipping method we choose. iGold will send you a final quote which will include any shipping, insurance and storage costs after you sign our purchase agreement.
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