Where to Buy Silver

So you have decided it is time to finally invest in silver and now you are asking the question as to where to buy silver. There are many options out there as you have probably noticed and now you are doing research and maybe finding yourself a littl

Phoenix, AZ (I-Newswire) January 5, 2013 - So you have decided it is time to finally invest in silver and now you are asking the question as to where to buy silver. There are many options out there as you have probably noticed and now you are doing research and maybe finding yourself a little confused. The confusion totally depends on how many dealers you have spoken to, the more you have spoken to the more you are probably confused.

The key to figuring out where to buy silver lies in a couple of factors:

1. Find a reputable dealer that will deliver the products you order
2. Make sure you are getting a good price
3. Ensure they take the form of payment you are comfortable with
4. Confirm that the dealer guarantees delivery/insures the products

Don’t get bogged down by sales pitches for certain products that the dealer wants you to buy. If you know that you want silver the easiest way to buy it is online. The products and prices are right there on screen without any hidden fees. You don’t even need to speak to anyone to process your order. But how do you know that you are dealing with a reputable company? I am glad you asked.

Reputable Online Silver Dealers

When buying silver online there are a few things to look for. First is the site secured by a third party like VeriSign powered by Norton. This insures that the site has been verified and is secured by an SSL which protects your information. The second thing to look for is third party grading firm certifications like PCGS, NGC and ANA. In order to receive a certification the dealer will need to have been in business for at least one year and will need to provide three business references. The BBB accreditation is another great one to look for as they also do a background check and you have to be in business for at least a year. If you find all of these on a dealers site check to make sure they link to the accreditation firm’s website, if it does you are dealing with a reputable dealer. Also make sure to do a Google search for any complaints on the dealer.

Silver Prices

It is pretty easy to compare prices online as any reputable dealer will post them on their site. You shouldn’t have to call to get pricing on bullion items, rare coins will be a different story. Pricing is not just a function of the product price. You will want to confirm shipping costs and any other additional fees. The product plus fees will give you the total price, and that is what you want to compare.

Payment Methods

Every dealer will take personal checks, bank checks and wires, but do they take credit cards and ACH payment forms? Sometimes a customer may want to try out a site with a small credit card order to insure they receive the products and there is nothing wrong with that. Be aware that the price you pay will usually be higher for credit card orders as the dealer will have to pay around 3% to the credit card processors.

Delivery

The last thing to confirm is does the dealer guarantee delivery, most do, and most dealers will either self-insure the package or pay for insurance with the carrier. As long as you are not responsible for the package before you sign for it then you are good to go.

It is good practice to make sure to take a look at the purchase/order policies to understand what you are agreeing to before confirming an order. Good luck. To buy gold online and see special offers for gold and silver visit www.goldandsilveronline.com.