[ApeTheRick]

On the FAQ:

Will an RMG® buyer be able to take physical possession of their gold?

Yes. One RMG represents ownership of 1g of 999.9 gold stored securely within The Royal Mint’s vault. RMG holders can request physical delivery of their gold . Fabrication fees apply to any gold bars if an investor requests delivery of gold in smaller quantities than London Good Delivery bars.

The cost of purchasing RMG does not include fabrication charges because it is more cost effective to own gold in the form of London Good Delivery bars (circa 400oz gold bars) than in smaller gold bars. If RMG holders choose to take physical delivery of smaller bars, they do need to pay the fabrication charge for those smaller bars prior to taking physical delivery.

Delivery fees do apply to all gold deliveries although The Royal Mint encourages RMG holders to arrange their own carriage/delivery.

[Canada]

I vouched this comment because it quotes relevant information from the RMG web site. My guess that the token is irredeemable is incorrect, though my general lack of enthusiasm for this offer remains.

What I would like to see is a token accepted by a wide network of gold dealers and depositories. It would be useful to be able to exchange the tokens for gold both ways and also be able to exchange the tokens for crypto and fiat currency at exchanges.

This provides no benefit whatsoever over the pooled gold options depositories using a centralized ledger that already exist, and is less attractive than an ETF for those who only way to trade the market.