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Best Online Bullion Dealers In the US

Best Online Bullion Dealers In the US
By BullionMentor on August 10, 2023

If you are looking to buy precious metals bullion from the comfort of your home, several online dealers who are trusted and reputable in the market are available. Choose the famous and most suitable dealer as per your requirement and own physical gold, silver, or platinum bullion at the best prices.

Explore this article to discover the top-rated online bullion dealers for your bullion investments. The best choice of dealers may vary based on your preferences, needs, and geographic locations.

Top 10 Best Online Bullion Dealers In the US

  1. APMEX

    2. Since its establishment in 2000, APMEX has become a dominant force in the global precious metals industry. APMEX has a wide range of product inventory, a standard reputation, and a strong track record.

  2. JM Bullion

    3. JM Bullion offers a wide range of precious metals, transparent pricing, helpful customer support, and features that cater to investors.

  3. SD Bullion

    4. At SD Bullion, you can find many precious metals, such as gold, silver, platinum, copper, and palladium. SD Bullion is worth considering if you're looking for the best deal without any specific brand preference.

  4. Hero Bullion

    5. Hero Bullion is a precious metals dealer in Texas that offers a wide range of precious metals for private investment or collecting. The company began as a tiny, family-owned enterprise. They provide an easy platform to acquire valuable metals at the best prices.

  5. BOLD Precious Metal

    6. BOLD Precious Metal offers investors an exciting platform to purchase rare and unique bullion and investment-grade coins and bars. They differ from other dealers on the market by specialising in collector items. BOLD offers bullion products at comparatively the lowest premiums with customer satisfaction.

  6. Provident Metal

    7. Provident Metals is a reputed precious metals retailer offering investors and collectors a diverse selection of bullion items. They have a solid online profile and offer a streamlined buying procedure and safe delivery alternatives. Their collection comprises reputable mints gold, silver, platinum, and palladium coins, bars, and rounds.

  7. Silver.com

    8. Silver.com is renowned for purchasing genuine silver, gold bullion, and other precious metal items. The firm enables smart and independent investors to acquire valuable metals and deliver them to their homes. The company's primary strengths are competitive prices, a diverse product variety, trustworthy customer service, and a 24*7 safe shopping experiences.

  8. Bullion Exchanges

    9. Bullion Exchanges is a reputable Precious Metals Retailer in New York City's Diamond District. They have a diverse collection of bullion that appeals to both initial customers and long-term collectors.

  9. Silver Gold Bull.

    10. Silver Gold Bull US is a prominent bullion dealer in the USA. They provide gold coins, bars, silver coins, and precious metals. They offer a storage service with free delivery and the utmost level of protection for your valuable metals.

  10. Gainesville Coins

    11. Among its competitors, Gainesville Coins pays the highest buyback prices and is considered the top.

Best Online Gold Buyers:

  • Cash for Gold USA: The company is highly regarded among online gold buyers due to its straightforward process, competitive prices, and speedy payment procedure.

  • Express Gold Cash: This service provides a transparent and straightforward method of selling your gold items, free insured shipping, and prompt payment.

  • Worthy: The company specializes in purchasing and selling fine jewelry and diamonds, providing a trusted platform for selling your valuable gold items.

  • SellYourGold: It is a well-established online gold buyer with a simple process and competitive prices for various gold items.

  • Money for Old Jewellery: A good reputation has been earned for its friendly customer service and fair offers on gold items, including jewelry and coins.

Should I Purchase Precious Metals Online or from a Local Dealer?

Investors often need clarity when deciding whether to purchase precious metals online or through a local dealer.

  1. Local Dealers Personal Interaction and Security

    2. A local dealer can provide a personal touch that an online platform cannot match. Confident investors also favor having physical possession of precious metals before making a purchase.

  2. Shipping and Storage

    3. Online dealers offer a variety of options for shipping and storage. You can protect your investment by purchasing shipping services from a reputable dealer.

  3. Comparison in Prices and Products

    4. Thorough research should be conducted before making a purchase. You can compare the pricing, product offerings, and customer reviews of various online dealers easily compared to local dealers.

  4. Convenience and Accessibility

    • Online Purchase:Online purchases of precious metals offer unparalleled convenience. These online dealers provide you with a wide variety of products you can browse from the comfort of your home without needing to leave or observe store hours.

    • Local Dealer: You can benefit from a personal touch when you purchase from a local dealer. A physical inspection of the products is possible, as is a discussion of your requirements face-to-face, and your purchases can be accessed once they have been made.

  5. Product Variety

    • Online Purchase: A larger reach of online bullion dealers typically results in a more extensive inventory for online bullion dealers. A variety of products are available from numerous mints and refineries around the world.

    • Local Dealer: Local dealers may offer a limited selection compared to online retailers, but they may offer unique products readily available elsewhere.

  6. Pricing and Fees

    • Online Purchase: Dealers offering online services may offer competitive pricing due to lower overhead costs, saving customers money while shopping.

    • Local Dealer: A dealer's operating costs may be higher than that of an international dealer, which could lead to a slight increase in price. They may, however, be able to offer negotiating flexibility, especially for bulk purchases.

  7. Privacy

    • Online Purchase: There are several advantages to buying online, such as greater anonymity and discretion during the transaction, which can benefit some investors.

    • Local Dealer: Conducting an in-person transaction may require providing personal information, which may be undesirable for some individuals.

Physical Bullion Storage Options

There are 3 ways to store physical bullion:

  1. Home Storage
    2. Storing your precious metals bullion at home can give you easy access to your physical metal, you can have the ability to build your private wealth, and it will have significantly less storage cost compared to professional storage options.
  2. Storing Your Precious Metals in a Safety Deposit Box
    3. There are two safety deposit box types: storage at the banks in the safe and other private facilities for safety storage. This option provides security, insurance, and privacy, so only you can know what’s in the box.
  3. Third-party Storage of off-site Vaults.
    4. This storage option offers peace of mind with several safety benefits, including security, optimal storage conditions, separated allocated storage space, full ownership, and full insurance coverage.

Tips for Choosing the Right Online Bullion Dealer

  • Product Selection: You should ensure that the dealer offers a variety of precious metals, thus allowing you to diversify your holdings.

  • Transparent Pricing: A dealer with transparent pricing policies will help you avoid hidden fees.

  • Customer Support: You should choose a dealer offering excellent customer support to assist you during purchasing.

  • Shipping and Delivery: You should consider the shipping costs and the time it takes for delivery to ensure a satisfactory purchase experience.

Conclusion

Investments in precious metals are wise in today's financial landscape. Gold and silver investing have become more accessible due to the convenience of online bullion dealers. Before investing in these bullion products, finding a reputable dealer suitable for your purchase is essential. Bullion Mentor is here to help you with this tedious process.

At Bullion Mentor, you can find a list of reputable and reliable bullion dealers from which you can compare the prices and quality of your desired bullion. This can help you choose the best bullion dealer for your purchase requirements.

FAQs

  1. Are there tax implications when selling precious metals?

    2. The high value of precious metals makes them subject to taxation in most countries. The sale of precious metals at a profit is usually subject to capital gains tax in most countries. A value-added tax is also applied to precious metals in some countries.

  2. Can you buy bullion in an IRA?

    3. The investment of bullion through an IRA can be made. You can purchase physical gold and silver using retirement funds by setting up a self-directed gold IRA.

  3. Is Buying Gold Online Safe?

    4. Buying gold online is as safe as any other online transaction if you know you're dealing with a reputable company. As with any online transaction, conducting thorough research on these online sellers is your first and last security against fraudsters.

  4. Where Can You Buy the Best Gold?

    5. Several well-established bullion dealers online have earned recognition through selling high-quality precious metals products and providing exceptional customer service, including Jm Bullion, Apmex, and BOLD Precious metals. They also offer various options to meet the needs of investors and collectors.

  5. What factors should I consider when choosing an online bullion dealer?

    6. You can choose the ideal online gold dealer based on several factors, including online reputation, Trustpilot scores, the range of services available, competitive pricing, and secure transactions.

  6. Is it better to invest in coins or bars?

    7. Larger bars may provide the best value at the time of purchase. However, smaller bars and coins offer greater flexibility at the resale point. A first-time or small investor should consider coins and bars, identifying items with the lowest premiums within their budget.

  7. Can I sell other precious metals besides gold to online buyers?

    8. You should check the buyer's website or contact their customer support to confirm what metals they purchased.

  8. Can I sell my precious metals back to the dealer?

    9. Numerous reputable dealers offer buyback programs allowing you to sell back your precious metals at market prices.