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15 Things to Know Before Buying Bullion

Table of Contents

We discovered this good short article at By: Adam Doolittle

These are both great reasons to purchase bullion, and for numerous people, financial investment in gold can be part of a well-balanced portfolio. Gold is liquid, since its cost can bounce around, and silver even more so, bullion is much better to hold onto long term. Since gold rates vary continuously, gold bullion costs will.
Counterfeit gold and silver ingots, as well as gold coins, are presently being sold out of China. Some gold financiers suggest an independent depository as an even safer method to store bullion.

, if you are thinking to purchase silver and gold bullion.. Here is an excellent post about the things you must know before purchasing gold and silver bullion.

Youve been believing about buying valuable metals. Its been on your radar for a while, but youre uncertain how to go about it. Fear not. Ive got 15 suggestions to share with you. These are things you ought to understand before you try to buy bullion. Bullion was when an investment that was limited to the wealthiest individuals. Now its something anyone can hold. And with the 24/7 availability of protected on-line markets, it has actually never ever been simpler to offer or purchase. Follow these ideas, and quickly youll be investing like a pro.
1. Gold is gold
Theres absolutely nothing like gold. Its a fundamental financial investment, not a piece of paper like a stock or bond that is a pledge of future payment. Rather, its something you can keep in your hands that have intrinsic worth. Banks might go bankrupt, governments may fall, but gold will hold its value. People were selling gold centuries earlier, and they will be trading in rare-earth elements thousands of years into the future. Your great-grandchildren can acquire your gold coins, and felt confident that the metal will not have declined. At the extremely least, the coins will deserve what you paid for them in regards to their buying power.
2. Let the buyer beware
Lack of knowledge is not bliss when it comes to trading in gold, silver, platinum, or palladium. These are costly financial investments to obtain, and regrettably, there are individuals out there who will attempt to cheat you. I flinch Whenever I hear some blowhard at Starbucks touting the virtues of gold coins to a starry-eyed mark. Education and understanding are key to spotting a fraud, and to avoiding the incorrect kind of investment. Do yourself a favor if you do not have the persistence to learn the basics. Dont bother.
3. Know yourself
These are both good reasons to purchase bullion, and for many individuals, investment in gold can be part of a well-balanced portfolio. Gold certificates are paper, and the whole point of getting into bullion for many is to prevent paper cash. Gold shares are a speculative, high-risk financial investment.
4. Know bullion
Gold bars begin at the one-ounce size and go up from there in weight and cost. Jewelry may also be worth more than its weight in gold, but thats not likely unless Louis Comfort Tiffany produced it. If you like it, and you want to use your gold coin as a locket, do so.
5. Consider your portfolio
Beginning out, I would suggest that you invest no greater than in between ten and fifteen percent of your general portfolio. Although gold is liquid, since its rate can bounce around, and silver even more so, bullion is much better to keep long term. Leave the day trading in valuable metals to the professionals.
6. Understand the investment
Realize that bullion is a financial investment that will not generate any earnings while you hold it; its not going to earn or pay dividends interest. Capital gains (or losses) only come into play when you sell.
7. How to buy rare coins
If youre purchasing numismatic, historical, or collector coins– they have superior worth for collectors over and above the melt worth. A warranty to purchase back the coin at the price you paid for it is a good indication. If you choose to invest in uncommon coins, as an amateur, it might be smart to pick one coin to become an authority on.
8. Understand how bullion is priced
The distinction between the buying rate and the selling price is the spread. The dealership pays a quote rate to get bullion or bullion coins. Because gold prices vary continuously, gold bullion costs will.
9. How to buy bullion and coins without numismatic value
You desire an affordable purchase, so you require to discover a private or business who charges a small commission on the area price. To vet any company you are considering doing service with, the Federal Trade Commission recommends to inspect with the proper customer defense firm– generally thats going to be the Better Business Bureau– in addition to the states lawyer generals workplace. Usually, the best price will come from an online business, one that does a high volume service; it keeps costs down. Other considerations to weigh are how long the company has been in organisation and their interaction style. When I have concerns, I desire answers, and I wager you do too.
10. Timing bullion purchases
Buy low, offer high. You may be better off smoothing out any price bumps by investing the very same sum once a month or when a quarter, perhaps a thousand at a time. Some valuable metals experts pooh-pooh the technique, saying would not you desire to be all in when theres a bull market raving, understanding that gold and silver are long term investments?
11. Know the lingo
Clarity, weight, and cut matter if you were buying diamonds. Gold is graded, coins are rated, and you require to know what you are buying, whether its a pure ingot or a centuries-old Spanish piece of eight salvaged from a shipwreck. Stick to high-grade, absolutely nothing graded downward, because that precious metal will hold its value best.
12. Counterfeit bullion
Counterfeit gold and silver ingots, as well as gold coins, are presently being sold out of China. Its definitely worth asking the question of somebody youre planning on doing company with: what kinds of tests do you do and what protocols do you have in place to guarantee youre not inadvertently offering phonies?
13. Storage
Gold is portable, and keeping it in your home is possible. An individual safe provides assurance. If the bullion or coins are very important, your insurance coverage service provider may firmly insist on a rider. Besides that insurance coverage representative, nobody should know that you keep gold in your house. Do not let your home become a theft target by displaying your beloved Chinese panda coins to everybody who strolls in the door. A safe-deposit box at the bank is another safe and secure method to keep the cache. Some gold financiers advise an independent depository as an even safer method to save bullion. If you have actually a lot invested in bullion, this is the method to go.
14. Avoid the deal of the day
If a deal is just good today, no matter how good it appears, walk away. Remember, as with any long-term financial investment, you ought to take your time choosing what is right for you.
15. The future of gold
Gold is limited. Much of the gold thats offered now is recycled, but not all of it can be. I hope this gives you sufficient details to enable you to begin investing in bullion, in a way that takes your investment objectives and your own situation into factor to consider.




Terms & Conditions

Trading in gold and other precious metals is risky because the market is volatile. Past performance is not indicative of future returns. This is why we encourage you to read Our Terms and Conditions carefully before making purchases, selling, or placing orders with BULLIONTRADING LLC. Refer to Safety Tips from the CFTC (Commodity Future Trading Commission). These terms and conditions apply to all orders, all purchases, and all sales made through our website, telephone, or other channels.

In the event you do not fully understand the terms of this agreement, BULLIONTRADING LLC strongly encourages you to consult with your own experts. BULLION TRADING enters into transactions with customers on the reliance and belief that clients are aware of, understand, and agree to these terms.

These terms and conditions are effective as of March 11, 2022, and are binding to all new and existing customers and users.


The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. The risk factors include political development, war, pandemics, demand, and supply. It is important to keep this in mind when transacting with BULLIONTRADING LLC.

The Ordering Process

BULLIONTRADING LLC. Does Not speculate on the prices of precious metals. This means that we don’t make profits by buying gold when the prices are low and selling when prices go up. BULLIONTRADING LLC generates revenue through premium spreads. This is the difference between what Bullion Trading LLC pays & sells these items for.

Orders and inquiries can be made through our website, phone, or other suitable channels. Contact Us for information.


Inquiries are made by customers who are not ready to transact immediately. Customers can contact us or go online at to get current market prices. The price quote and quantity available are subject to change. They can also contact us for guidance on buying and selling bullion coins and bars. You should note that the Price Quotations you receive when inquiring are Estimates because the prices of bullion coins and bars fluctuate daily, and the number of our stock changes all the time.

For example, The U.S Mint sets premium and minimum prices for American Eagles. Prices for American Eagles are determined by the current price of gold, silver, platinum, or palladium. The mint also charges a modest premium to cater to the cost of distribution and marketing. Consequently, the price of bullion coins and bars changes daily as the markets for gold, silver, platinum, and palladium fluctuates. Refer to the United States Mint’s Charges for Authorized Dealers.


Orders are made when customers are ready to transact immediately. The prices you get when ordering bullion coins and bars from us are an accurate reflection of the current market prices. Note that once you place an order, the prices are locked and are no longer subject to market conditions.

An order is placed when you finalized negotiations with our agents and an invoice is generated, not when the payment is made. Ordering and then bailing out or canceling after an invoice is generated makes BULLIONTRADING LLC incur losses. We incur losses because when you place an order, we consider the bullion coin or bar sold and will have hedged ourselves accordingly.

Disclaimer: To protect our company from losses, BULLIONTRADING LLC has implemented a Market Loss Policy.

Market Loss Policy Explained

An order starts when you finalize the deal with our agents, not when the payment is made. We generate an invoice immediately the deal is sealed either through our website or phone. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.

Customers who place orders, have invoices generated, and then cancel thereafter make us incur losses. To protect ourselves we have implemented a market loss policy. This means that you will incur penalties for ordering, having an invoice generated, and then bailing out. Once an order is placed, prices are locked and not subject to market conditions.

The moment you place an order an invoice is generated. If you cancel, and then gold prices decline you make us incur a loss. It is your responsibility to offset this loss if your order is canceled and your funds are returned. If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. This is our market loss policy.

To remain transparent and protect ourselves from risk we might require credit card information from every customer even if payment will be received through a different channel. We also will ask for immediate confirmation of the amount locked in. This gives us an avenue to compensate ourselves for losses in the event a customer places an order and then fails to pay.

However, if the price of bullion coins and bars stays the same, we usually don’t enforce our market loss policy because we don’t incur losses. If the price goes down we charge a market loss fee which is equal to the amount BULLIONTRADING LLC would have lost because of the unpaid order.


Bullion Trading LLC only accepts payments in the form of bank transfers, certified checks or personal checks. The method you use to pay us is determined by the number of bullion coins and bars you are willing to buy from us as follows:

  • Orders ranging from $1,000 to $5,500 should be paid via any option listed above and must be received within 2 business days from the time the order was made.
  • Orders ranging from $5,500.01 to $10,000 should be paid by bank wire, certified check, cashier’s check, money orders, or personal check, and must be received within 2 business days from the time the order was made.
  • Orders ranging from $10,000.01 to $25,000 should be paid by bank wire, certified check, and must be received within 2 business days from the time the order was placed.
  • Over $25,000.01 should be paid by bank wire and must be received within 1 business day from the time the order was placed.

If Using A Credit Card You Are Agreeing To The Following Terms:

  • I understand and agree that should I dispute the credit card charge through my credit card provider, I will have breached the contract as well as committed a credit card fraud.
  • I waive any charge-back rights. In the event of a dispute, and I request for a refund it must be made through the Bullion Trading LLC Arbitration Procedure described herein under Bullion Trading LLC.
  • Dispute resolution: I understand that all sales are final. There are NO EXCHANGES or REFUNDS.
  • I cannot receive a refund from Bullion Trading LLC, nor can I request the funds from my credit card company.
  • I also agree to waive any charge-back rights in the event of a dispute.


You agree that you have sufficient experience and knowledge to make informed decisions to purchase from and/or sell to BULLION TRADING LLC. You openly acknowledge that you are making all of your decisions in connection with purchases and/or sales. BULLION TRADING LLC is not making any decision on your behalf concerning purchases and sales.

You also openly acknowledge that you are subject to a variety of risks that are beyond the control of BULLION TRADING LLC. You openly acknowledge that BULLION TRADING LLC is not liable or responsible for the risks you incur while trading with us. Those risks include, without limitation, risks associated with the price volatility of bullion coins and bars. Market conditions or other disruptions such as technical problems may make it impossible for you to liquidate bullion coins and bars bought from us. You have the freedom to liquid the coins and bars at market prices acceptable to you.


All investments involve risk – bullion coins and bars are no exception. The value of bullion coins (e.g., American Eagles or Maple Leafs) is affected by many economic factors. The current market price of bullion coins and bars is determined by perceived scarcity and other factors. Some of these factors include quality, current demand, and general market sentiment.

The price of bullion coins and bars keeps on fluctuating and this means that they are not a suitable investment for everyone. Since all investments, including bullion coins and bars, can decline in value, you should make an informed decision. It is a good idea to have adequate cash reserves and disposable income before investing in bullion coins and bars.


You shall indemnify and absolve BULLION TRADING LLC and its affiliates, directors, officers, and shareholders collectively. You agree to compensate the indemnified parties for and against any costs, damages, expenses, liabilities, and obligations. They include without limitation to reasonable attorney fees that the Indemnified Parties may incur as a result of, or in connection with:

(a) Any breach of any representation or warranty made by you to BULLION TRADING LLC or,

(b) Failure to comply with these terms and conditions or the policies adopted by BULLION TRADING LLC.


You acknowledge that you are subject to the limitations of liability contained in these terms and conditions, the disclaimer, and other policies adopted by BULLION TRADING LLC.

If you suffer indirect, punitive, or speculative damages BULLION TRADING LLC is not liable to you. Any transaction between us and you pursuant to these terms and conditions, and any liability of BULLION TRADING LLC to you shall be limited to:

(a) The amount, if any, that you paid in such transaction or,

(b) $100 compensation. We are not, in any event, liable for any indirect, punitive, or speculative damages.


BULLION TRADING LLC has adopted a Privacy Policy that is included in these terms and conditions. Our privacy policy protects your identity and credit card information.

BULLION TRADING LLC privacy policies are found in the Disclaimer, Ordering Policy, and the protection of credit card information. These terms and conditions may be updated from time to time depending on the market forces and the legal landscape.


Upon any failure by you to comply with your obligations to BULLION TRADING LLC, the company shall pursue the rights and the remedies available to us. Either by law, through equity, or otherwise. It includes without limitation rights and remedies under these terms and conditions.

Breaching our rights may make BULLION TRADING LLC turn your account over to a collection agency, or a lawyer for collection. BULLION TRADING LLC will not fail in exercising any rights or pursuing any remedies in the case we suffer losses or damages.

Note: Failure by you to comply with these terms and conditions, may make BULLION TRADING LLC charge the credit card on which you have provided. This includes without limitation any and all market losses incurred by BULLION TRADING LLC, including cancellation fees, for ordering and then canceling at the last minute. You openly authorize BULLION TRADING LLC to charge your credit card for all losses caused by you violating our ordering policy.


BULLION TRADING LLC is an authorized dealer and a professional organization. We maintain a professional relationship with all our clients. We don’t enter into relationships such as agent-principal relationships, employee-employer relationships, franchisee-franchisor relationships, joint venture relationships, and partnership relationships with our clients.


You cannot forfeit these terms and conditions, your rights, or your obligations as they apply without the prior written consent from BULLION TRADING LLC. You may be granted permission to forfeit your rights or it may be withheld by BULLION TRADING LLC at its sole discretion. These terms and conditions shall be binding to all parties that trade with BULLION TRADING LLC.


If you violate these terms and conditions BULLION TRADING LLC will take action against you. It may include without limitation, turning your account over to a collection agency, or a lawyer for collection. You shall pay all of the costs and the expenses incurred by BULLION TRADING LLC, including without limitation to reasonable attorney’s fees.


BULLION TRADING LLC maintains professional relationships with clients. This is why we make sure that any grievances are resolved expeditiously. We agree that all disagreements and disputes with our clients should be resolved in accordance with the provisions below.

Because we value the relationship with our clients, we opt for arbitration or mediation as a channel for dispute resolution instead of going straight to state/federal courts. However, if arbitration or mediation fails, we may be forced to take legal action in state/federal courts in the State of New York.


These terms and conditions are governed by and interpreted in accordance with the laws of the State of New York. These terms and conditions do not take into consideration the possible violation of laws in other jurisdictions.




If BULLION TRADING LLC cannot perform any obligation hereunder as a result of any event that is beyond its control, the company shall be excused and shall not be liable for any damages as a result of, or in connection with, such delays, or such failures.


You shall sign and avail other documents, or take actions that assist BULLION TRADING LLC in enforcing the provisions of these terms and conditions.


Except as provided in these terms and conditions, all notices, and other communications to BULLION TRADING LLC shall be directed to it at 20 West 47th Street Lower Level #24, New York, NY 10036. All notices and other communications to you shall be sent by BULLION TRADING LLC, to the address that you provided to us at the time of your registration, or to the email address that you provided to us at the time of your registration.


BULLION TRADING LLC may record phone conversations between you and company agents or representatives. You consent to the recording of such phone conversations.


A decision or a failure by BULLION TRADING LLC to take action with respect to any non-compliance with these terms and conditions does not affect the ability of the company to enforce the terms and conditions with respect to other violations. Whether the violations are similar or dissimilar in nature.