Where do you buy your precious metals?
Goldders
Posts: 28 ✭
Is there a to-go site where you purchase silver and gold from or do you get it there on forum?
Never stop stacking
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BST, Provident, APMEX, Bullion Direct, no more eBay, MCM - non alphabetical.
Why no more eBay? Sales tax?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Personal contacts, FB, IG, PM Boards, and occasionally Ebay
Mint (in past years), BST, ebay, Apmex....private deals - When I was working, often people would bring in some PM's for fast cash.....Cheers, RickO
Mostly local coin shops, occasionally ebay.
My YouTube Channel
National bullion dealers mentioned by MW, which also includes JM * SDbullion. Whover has the lowest cost over spot & that includes the big boys on ebay, especially when they have a sale or are listed in the wrong category during an ebay bucks promo. However, I try to avoid those that charge state sales taxes. There are still a few left that don't..
some fleabay, coin shows and a company out in california
eBay. Idaho does not tax bullion, so when I can buy a AGE for $20 over using my credit card, I am at spot or slightly under. I will add that I stay with known sellers.
eBay deals on occasion. Mostly from BST, Reddit and from my employer...
Ebay bonus bucks baby!
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I think we may look back at the 2H 2018, as the best Ebay bucks era ever.
Find it on the BST
Liberty: Parent of Science & Industry
Locally from people who call me !!!
Thanks for your reply! I'm suspicious about ebay, have heard many incidents that people bought fake bullion.
Thanks for your reply! I'm suspicious about ebay, have heard many incidents that people bought fake bullion.
That's a valid observation. The advantage in purchasing through a high profile bullion dealer is that they generally want to stay in business. As this market rises, you will see all kinds of new operations popping up. Be wary.
I knew it would happen.
That's why you should concentrate of the big boys with your purchases or sellers that you've dealt before & trust. All the big boys have ebay stores.
When buying PM's...caveat emptor...& if the price is to good to be true....walk away....most likely it is.
JMB and my LCS.
My advice: No matter what, develop a good relationship with an LCS that has the proper testing equipment. Don't be a haggler and buy from them enough to develop a repoire even if they aren't the absolute cheapest. That way you can always go in there and have them test anything for your own peace of mind.
Edited for punctuation
wherever I can find it cheap
CMG mint emails me with upcoming bars.
If I like them I usually just email back and say take my money
His new one coming up I like.
wow looks awesome!
IMO as you should be but most of the big boys have ebay stores or post regular specials that are some times hard to beat.Last cycle I scored an Oz incuse Gold ML. for -$120 with Ebay bucks.
Good hunting.
where do you get it from?
CMG mint rte592 said
Remember, even with a no seller's fee promo on ebay you have to give 3% to paypal.
Collector, occasional seller
CME.
Knowledge is the enemy of fear
but you get back 2% if you use a rebate cc + you earn ebay bucks if listed in the non bullion category.
Ebay bonus bucks baby!> @ChrisH821 said:
the seller gives paypal 3%. If he's smart he gets it from you.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yeah, for some reason I thought I saw a post about selling when there is a no fee special, I might be losing my mind or mixed up threads in my distraction.
Collector, occasional seller
the cheapest selling promo I ever got was a 10 flat rate for any value. they usually limit this to 5 sales
I have been pleasantly surprised by a local jewelry store with a buying gold and silver sign out front. Both the products and the prices. He had a few dollars worth of junk silver yesterday I bought for 10x face. Only takes a minute to look.
Back around 2005 I used to purchase junk silver from grocery store cashiers. Those were the days, and they were always happy to sell.
Never on a computer or with a card, only in hand purchases with cash. If you can and they are fair or with in reason support the local shops the big guys have enough.
Local coin stores can be good, but quite a few operate more like pawn shop philosophies. I think this this collectors forum is a good place to buy and sell and certainly enables you to buy at lower prices than places like APMEX, Liberty, etc. and also on the flip side, enables you to sell at prices well above spot. Metals.com is also a good option. For Exotic/alternative super rare metals, I like Rare World Metals Mint who recently started selling more traditional stuff and sometimes at really good prices on these items - www.rwmmint.com
thanks for the resources, I'll check them out!
Why would you buy from anyone other than a big bullion seller on eBay? Chances are that if it's prior year stuff they likely bought it from folks like you and authenticated it so that they weren't getting screwed.
Maybe a no eBay fee special. Why would PP have any interest in giving the APMEXes et al a break on fees?
I get an occasional "max ebay final valuation fee of $20 on up to five items sold," but never on by ebay store account. And it usually excludes coins but not collectibles.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
It's been a long time since I got one.
Collector, occasional seller
APMEX and my local coin shop
My YouTube Channel
My Instagram Gallery
Not the fake bullion you should worry about, but the prices. Dealers have overhead, but the lower bullion spreads are something they can offer they Ebay sellers cannot.
APMEX and JM Bullion
"A dog breaks your heart only one time and that is when they pass on". Unknown
I get mine at a coin shop.
https://acoinshop.com/main.sc
Knowledge is the enemy of fear
Here once in a while, Ebay, mostly at local auctions.
Local and semi local shops, Craigslist, local auctions Da Bay: (Apmex, MCM, Bullion Exchange, TexasGSE,, JM Bullion, hundreds of individual sellers). A little here, there, everywhere
MCM and never a problem. Some others show best pictures and not worse case. That is backwards. You should always get as seen or better. Just my 2 cents.
Best place to buy !
Bronze Associate member
When I sell items online I always describe the item worse than it really is.