Precious metals are a popular investment choice for people wishing to buy a tangible asset that retains its value over time and specifically in times of inflation and political uncertainties. In particular, gold and silver generally maintain their value even when the stock market faces major financial fluctuations. Below is a list of 19 online sellers of gold and silver along with the features of each for your review and consideration:
- Gainesville Coins
- has been in business for more than 10 years
- has an A+ rating from the Better Business Bureau and a 5-star rating from the National Inflation Association — the only bullion dealer to receive such a distinction
- sells a wide selection of gold, silver, platinum, copper, palladium, rhodium and pre-1933 gold
- shipping is based on your zip code and number of items placed in your cart
- only Florida residents pay sales tax on their purchases
- MoneyMetals.com
- has an A+ rating from the BBB
- sells a wide range of products including gold, silver, rhodium, palladium, and platinum
- can help you set up an IRA for your physical metals
- Silver Gold Bull
- provides a suite of services for their customers:
- buying and selling through the company’s website,
- storing in their secure facilities,
- an automated spot alert that provides up-to-the-minute data on where prices are throughout the day and buys product for you when it hits your target price
- sells a wide range of gold, silver, platinum, palladium, copper, and collectibles online and over the phone
- provides a suite of services for their customers:
- Golden State Mint
- has been in business for over 40 years
- are a manufacturer so nothing they sell has ever been in public circulation
- sells a slew of products that fully meet the IRS guidelines
- can help you set up an IRA for your physical metals
- GoldCo
- founded in 2006
- known for offering precious metals IRAs:
- you open an IRA and then purchase the coins from GoldCo to fund the account
- the minimum purchase order is $25,000 and
- you have to pay annual storage fees and account maintenance fees
- Provident Metals
- offers an extensive selection of gold, silver, copper, platinum, and palladium coins, rounds, and bullion bars, as well as U.S. and foreign coins, wholesale products, and IRA bullion products
- if you order $99 or more, shipping is free; otherwise, it costs just $5.95 to ship
- Scottsdale Mint
- sell gold and silver in coins, bullion bars, and rounds, with a particular premium set on artistic minting
- a minimum purchase of $500 is necessary to qualify for free shipping with insurance This may seem steep compared to some of the other companies providing free shipping at $99 but much of the allure of Scottsdale Silver comes from the company’s creative minting process
- APMEX
- as one of the largest online dealers in the world, APMEX is able to pass on savings to customers because of the sheer volume of business it does each day.
- offers a huge selection of silver, gold, and other metals products, along with historic gold coins, “elite” coins, old banknotes, foreign coins and an extensive offering of collectibles (rare coins and currency) from around the world
- allows you to trade from your current holdings
- JM Bullion
- sell physical bullion only
- provide free shipping on all orders
- accept many forms of payment (Visa, MasterCard, PayPal, PayPal Credit, bank wires, paper checks, and bitcoin)
- offers customer support either via phone or 24-hour Live Chat
- Kitco
- sells a wide array of precious metal types, including gold, silver, palladium, platinum, and rhodium
- provides a slew of data and news to help you with your portfolio decisions. You can even download apps for your smartphone for gold news, market alerts, and scrap value calculations.
- GoldSilver
- sells gold bars, coins, and jewelry, silver bars and coins and ancillary products such as safes and storage containers
- has a flat rate shipping fee of $25 for any order under $500, otherwise, shipping, handling, and insurance is free.
- accepts PayPal in addition to traditional payment options
- you can create an account to sell back your gold bullion, gold coins, and silver bars through the website
- Silver.com
- sells a variety of silver, gold, platinum, and copper products from government, private domestic and foreign mints
- has a tiered shipping/insurance rate ranging from $4.95 on orders up to $299 to $9.95 for orders from $1,000 to $2,999 with free shipping at $3,000 and up
- SDBullion.com
- sells silver, gold, platinum, and copper with coins, bars, and rounds from around the world
- also sells lead based ammo, vaults, survival food and herbal medicine
- currently has a promotion for all orders shipped at just $7.77
- Texas Precious Metals
- sells a selection of gold coins, gold bars, silver coins, and silver bars, as well as pre-1933 gold
- provides the ability to automatically place a standing order should gold or silver reach your desired value
- all orders ship for free using UPS Next Day Air and all orders ship within three business days of payment
- Golden Eagle Coin
- offers an absolutely huge assortment of products so it is a great site for investors and collectors alike
- Prices vary moment by moment because they are based on the commodities exchange, so their site is a great site to go if you are researching when to buy
- shipping is free on orders $99 and over
- Gold Dealer
- offers free, insured shipping
- offers a complimentary newsletter written by industry masterminds Ken Edwards and Richard Schwary
- Monarch Precious Metals
- established in 2008
- all products are custom hand-poured and marked in the old way, giving their metals a unique, old-fashioned look
- accept all methods of payment except PayPal, and every order is properly insured
- CMI
- an A+ Accredited Business
- its president, Bill Haynes, has a blog in which regularly updates his audience on all of the world factors affecting the prices of metals, and educates the public about the dangers and benefits of buying gold and silver
- offers solid prices, IRAs, and a plethora of educational material to read and, as such, CMI should be a website you routinely check if you are a serious investor
- BGASC
- an A+ BBB accredited business
- sells just about every type of US coin ever made, as well as a large selection of mints from other countries, such as China, Mexico, and Canada
- offers free shipping on orders $99 and up, and every order is insured while in transit
- ships your order the next business day
Related Articles from the munKNEE Vault
1. These Sites Are the BEST Places to Buy Gold & Silver Online – Here’s Why (+35K Views)
Our review of the best places to buy gold online are dependent on what your goal with the gold is — amassing physical bullion for financial security or to speculate on gold prices. Below are strategies and recommended dealers for each approach.
Editor’s Note: The original article has been edited ([ ]) and abridged (…) above for the sake of clarity and brevity to ensure a fast and easy read. The authors’ views and conclusions are unaltered and no personal comments have been included to maintain the integrity of the original article. Furthermore, the views, conclusions and any recommendations offered in this article are not to be construed as an endorsement of such by the editor. Also note that this complete paragraph must be included in any re-posting to avoid copyright infringement.
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One place to buy gold is ebay.com. Prices tend to be higher than at some very competitive online dealers. However, bargains can be found on ebay occasionally. The other issue is sales taxes. All larger dealers as well as ebay are forced to collect sale taxes if you live in a state charging sales taxes on the purchase of precious metals. Smaller dealers are not bound by that rule.