Service Fees

UPMA assesses its members fees to cover the cost of vaulting, insurance and member dues. Vaulted Gold Dollar accounts having a balance between one and 500 Gold Dollars (ten Gold ounces) are assessed a monthly fee of five basis points (0.05%). This would equate to $1.00 for a one ounce Gold coin at a $2,000/ounce exchange rate. For balances in excess of 500 Gold Dollars, the monthly fee drops to two basis points per month (0.02%), e.g., $0.40/month per ounce, assuming a $2,000/ounce exchange rate. A balance of less than one Gold Dollar is not assessed any fees, nor are fees assessed on leased Gold Dollars.