There are many different websites that offer to sell silver bullion. For the novice investor, or even for collectors who are knew to making a silver purchase online, it can be quite difficult to decide exactly where to buy silver. The best silver companies will have a handful of characteristics in common. First and foremost, any good silver company will have a strong reputation in the industry.
While scams and shady business practices are not that common in the world of metals, they do exist. If the company you are considering buying from has a tainted past or in any way looks untrustworthy, it would be a major mistake to buy from them. Aside from the fact that it makes little to no sense to buy from a brand that is not well known, there are so many options available that settling for less is unnecessary.
There are Many Options
When deciding which place to buy silver online is the best, you will need to realize that there are many different sites out there available to you. The easiest way to find the most optimal company for you is to determine what you value in a silver seller.
It should go without saying that customer service needs to be a primary concern when you are deciding where to order silver from. Everyone is going to have an email listed and maybe even a phone number, but this doesn’t necessarily mean anything. Don’t be afraid to give a silver website a call and ask some questions over the phone. You will get a good feel for how a company operates by speaking to them and seeing how they handle your requests. If they can’t be bothered with your call or just don’t want to take the time to help you out, you can safely eliminate them from the list of companies that you might ever buy from.
Pricing is an important element when buying silver. This is the single most powerful element in ordering silver because it will affect your bottom line in the most straightforward way. The things to check with the prices of silver are plenty. First, you will want to compare overall pricing. If the general range of pricing seems in line, you can move onto the other areas. Almost all silver websites are going to offer pricing that varies by quantity ordered (with discounts going to bulk orders) and varied prices based on payment methods used. If one website has low prices but tacks a lot on for the use of a credit card, any benefits that you derived from the low prices will be negated by the added fees. Likewise, if a company gives you a decent cut off your final total for a big order, they will be more than worth buying from. There is always more to silver prices than meets the eyes when it comes to actually purchasing online.
Variety in Silver Options is an Important Characteristic
Any website that you are buying silver from should have many different types available. If you are at a website that only has bars or only has American Eagles for sale, you may want to continue looking. Not only is this just bad for you as a buyer, but it is not a good sign for the overall credibility of the site as a whole. Almost every legitimate silver dealer will carry a variety of bars, a few rounds, and a number of different silver coins.
If you plan on making one silver website the one place that you continually to order from, a solid selection of items to choose from becomes that much more important. If you want to buy coins later on, a shop that only has bars available isn’t going to be of much use. A wide selection of silver items for sale is just one of many indicators of a great place to buy from.
Safe and Timely Orders
As someone who is spending their money on the internet, you should always be precautious about where you are putting your information. While most sites these days are going to be very secure and safe to use, there is always a chance that you are giving out information to people who are not the most trustworthy. There are a few ways to ensure that the place you buy from is credible, trustworthy, and safe.
First, make sure that the checkout pages are encrypted. The way that you can do this is to look at the toolbar and see that the URL is written as “https,” with the important thing being the “S” that follows http. This means that the page is secure. Secure pages are not able to be viewed by anyone but the user (you), so you will not actually be providing address or financial information to anyone but your bank and the payment processor. This is the the very best way to make sure that a silver dealer uses safe and secure processing.
Timely delivery of silver should near the top of your priorities when buying online. The best places to order from are going to have your orders delivered in under a month. You might think that reasonable delivery would be closer to one week or less as it is with most items ordered online, but silver is an exception to this. Because of the high volatility and value in silver, dealers need to make daily orders from the mints themselves. The result of this will often times be a delay in time from order till when it is actually shipped to you.
Since instant or very quick silver delivery is out of the door for even the best of silver websites, the only thing you can really do is make sure that your order is being tracked at all steps mailing. The place you are buying from should tell you whether their packages are tracked. Beyond tracking, insurance is also important. Insured orders will give you peace of mind because they prevent against damaged, lost, or stolen items during shipment. If you have both tracking and insurance included with every order, you will know that you are buying from a great silver site.