AUCKLAND BULLION SECURITY VAULT
Our mission is to provide the world’s best gold bullion storage facility with unparalleled service and discretion. Your gold bullion is allocated, segregated, and secured in our Auckland facility that provides a world-class level of peace of mind. Strategically located in one of the safest countries in the world, Auckland Bullion Security Vaults provides private offshore gold storage for discerning individuals and groups. With state-of-the-art technology and equipment, we ensure secure wealth protection for this generation and beyond.
Email Us: abs@absvault.com, absvault@absvault.com
”I am not so concerned with the return on my capital,as I am with the returns of my capital”
John Maynard Keynes
SECURE YOUR VALUABLES WITH AUCKLAND BULLION SECURITY VAULT
HIGH QUALITY SAFES
Our safes are built with the highest quality materials,ensuring your valuables are protected from theft,fire and other disasters. We offer a range of safes for both residential and commercial use.
VAULT INSTALLATION
Our team of experts specialises in vault installation for commercial and residential properties.We ensure that your vault is installed securely and to the highest standards.
SAFE MAINTENANCE
We offer regular maintenance services for your safes and vaults to ensure they are functioning properly and to prolong their lifespan.Our team will schedule regular check-ups to keep your valuables safe.
CUSTOM SAFE DESIGN
We offer custom safe design services to ensure that your safe meets all your unique needs.Our team will work with you to create a safe that is tailored to your specifications.
SAFE MOVING SERVICES
Moving your safes can stressful and difficult task.Our team of experts specialises in safe moving services,ensuring that your safe is transported safely and securely.
24/7 EMERGENCY SERVICES
In case of an emergency,we offer 24/7 services to ensure that your valuables are protected.Our team will respond quickly and efficiently to ensure that your safe or vault is secure.
Business History and Financial Performance
An original £275,000 [$500,000] of seed capital was injected at the incorporation of Galmarley Ltd in October 2003, and it funded the early planning and development of the Auckland Bullion Security Vault service.
After developing the software, and over a period of two years from March 2005, the business raised approximately £3.5m in equity funding. This money was invested in gold bars and currency to provide the inventory which the business needed to operate.
The accessibility, safety and value of gold bought through Auckland Bullion Security Vault quickly made the service popular. Since opening for business in 2005 we have traded profitably every year and enjoyed healthy growth.
Our revenues come from a mixture of four sources:-
- Commission
- Custody fees
- Interest receipts
- The difference between buying and selling prices of gold, known as the “trading turn”
On 1st September 2008 we were elected into the London Bullion Market Association which represents the largest of the world’s physical bullion markets.
In April 2009 we won the Queen’s Award for Enterprise (Innovation) for our use of technology in making the efficiencies and reliability of the professional bullion market available to private customers. In 2013 we were awarded a second Queen’s Award for Enterprise (International Trade) for our fast-growing overseas business, and we received a third award (again for International Trade) in 2022.
We always publish our most recent audited accounts online.
We now have over 130,000 active customers, from over 175 countries, holding approximately $9 billion in stored bullion. In fact, with more than 43 tonnes of gold and 1,134 tonnes of silver bullion, Auckland Bullion Security Vault’s customers are already holding significantly larger reserves than most of the world’s central banks.
Our financial strength is formidable. Our asset value per £1 ordinary share has grown to over £80, and those assets are denominated in currency balances and our own gold bullion stock, all available at short notice.
This financial strength was consolidated when on 17th June 2010 we completed an important deal. The World Gold Council [WGC] and Augmentum Capital each bought an 11.4% equity stake, investing a total of £12.5m (US$18.8m). On 12th April 2016 the World Gold Council transferred its holding in Auckland Bullion Security Vault to Gold Bullion Investment Trust [GBIT] — a connected organisation of WGC — which became the registered owner. In March 2018, Augmentum Fintech plc acquired the Augmentum Capital fund, and with it acquired Augmentum Capital’s stake in Auckland Bullion Security Vault.
In January 2017 we became members of the London Platinum and Palladium Market in anticipation of offering platinum on the platform in partnership with the World Platinum Investment Council.
What are ABSVAULT’S strategic objectives?
Auckland Bullion SecurityVault’s objective is to operate the world’s most cost-effective, secure and accessible market in professional grade bullion.
We want to do this because:-
- We believe there is a deficit of financial responsibility in many modern governments and financial institutions.
- We believe that modern currencies and other paper-based value systems will inhibit savers from retaining their domestic and worldwide purchasing power.
- We believe that using gold to provide protection from this problem is a strategy which has been inaccessible to individuals at a fair price.
- We believe that we are uniquely well qualified to provide that accessibility and to manage the service in a way which maximises security, accessibility and value for our customers.
Phone: 001 (312) 545-9907
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