Afternoon everyone…..
This might not pertain to everyone, it depends what you choose to stack. Over the last several months I have been reading posts with purchases from specific on line dealers. Not all bullion dealers are created equal…..
I will explain…..
Some of the on line dealers that I am about to tell you aren’t the best to buy from I swore by years ago. But the industry has changed and so have those dealers.
A-Mark Precious Metals has been buying up large percentages of many of the dealers which used to be my favorite to buy from. They are trying to monopolize the market pricing. In case you didn’t know they own large percentages of the following bullion dealers. JM Bullion, Provident Metals, Silver.com, SilverGoldBull, Silvertowne, BSAG, Silver.org and Gold.org. I might be missing a couple since the last time I checked was months ago. All of these dealers have the same exact price on everything they sell.
Another on line dealer that has higher pricing is APMEX, my nickname for them is Rapex. They are always on the high side and all of the above dealers are very difficult to get a hold of if your order isn’t right or is damaged.
The following dealers are my go to on line dealers. They have very good pricing, great customer service and are still privately owned. In order….
Monument Metals: they are a dealer in Maryland who are typically the lowest price on everything I am pricing to buy.
Bold Precious Metals: they are a dealer in Texas. They have a huge variety of bullion and coins and are typically very close to Monument Metals on pricing and sometimes have a slightly better price.
Bullion Exchanges: they are a dealer in New York City. Very competitive pricing and run specials often.
Over ninety percent of my purchases on line are done with these three dealers. There are some exclusive rounds or coins that I am forced to buy from others, but that will be all I order from them.
Here is a deal currently available from Monument Metals.
