Tokenized Silver in Practice: Storage, Insurance, and More
Here, we outline the practical details of TAS Silver Tokens: including how silver is stored and insured, what ownership rights token holders have, how prices are determined, and important considerations for investors.
If you'd like to understand what tokenized silver is, please check this article.
Where is the silver stored and insured?
Silver is held in insured, audited vaults in Sydney, operated by ABC Bullion. Insurance is held at the vault level.
Do I legally own the silver?
Yes. You legally own unallocated physical silver held in trust. Metals are not owned by Wealth99 — they are held in trust, providing an added layer of security. Ownership, custody, and redemption rights are detailed in the TAS Silver Token whitepaper. Total token supply is independently verified on a regular basis to ensure issued tokens are fully backed by metals held in custody.
Is the silver allocated?
Silver is held unallocated, standard for institutional bullion storage. Allocated storage is impractical for tokenisation due to cost and complexity.
Can I redeem physical silver?
Yes. Physical redemption is available, subject to minimums and fees outlined in the whitepaper.
How are prices determined?
Prices are secured at the time of order placement, based on live market rates plus a small transaction spread. Published “spot prices” are indicative only — silver can move several percent within minutes.
Understanding Silver Volatility
Silver is known for its volatility, particularly during periods of rapid price appreciation. Daily price moves of 5–10% are common, with occasional sharp corrections. Long-term investors should be prepared for this volatility.
How do I sell my silver?
Tokens can be sold directly within your Wealth99 account.
What is the whitepaper?
The TAS Silver Token whitepaper details ownership, custody, token issuance, and redemption rights: View Whitepaper
What happens if Wealth99 becomes insolvent?
Metals are held by the trustee, not Wealth99. In the event of insolvency, metals would be sold and proceeds returned to token holders, as outlined in the whitepaper.
Can I invest via my SMSF?
Yes. SMSF investments are supported, and our team can assist with the process.
How long should I hold silver?
Silver is best viewed as a multi-year investment. Many investors rebalance periodically, taking profits as prices rise and reallocating capital. Wealth99 does not provide financial advice — investors should seek professional guidance if unsure.
Are there risks?
All investments carry risk:
- Silver prices are volatile, with sharp short-term movements possible (e.g., a 25% intraday drop on 30 Jan 2026, despite 60% gains over 30 days).
- Compared with crypto and equities, silver trading risk is generally lower due to its size, industrial demand, and structural supply dynamics.
- Physical silver carries additional risks in transport, storage, and liquidity.
Long-term strategic holding, coupled with dollar-cost averaging, is generally recommended for managing risk.