Online Bullion Dealers

Discussion in 'Bullion Investing' started by CoinBlazer, Mar 7, 2019.

  1. CoinBlazer

    CoinBlazer Professional Teenager

    I wanted ya'lls opinions on the major Digital Bullion Dealers. JM, Provident, Apmex and whoever else is out there. I am looking to buy some high premium collectible silver bullion for some gifts. (and a few for me of course)
    I rarely do online purchases so I'm not familiar with the dealers. Whatcha thinking?
     
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  3. myownprivy

    myownprivy Well-Known Member

    All you mentioned are good and safe, but JmBullion is best in terms of price and quality of goods. Provident will be a tad cheaper but quality is not always as good. Both are reliable. If you are still interested in buying bullion, it would be a good time to also buy a starter kit and get 10 ounce of silver at spot. I think JMbullion is also best for that because they offer more recognizable silver rounds.

    Apmex is overpriced.
     
    masterswimmer, JCKTJK and Legomaster1 like this.
  4. Lil Penny

    Lil Penny New Member

    Flex all those coins you buy online be a real g one squared
     
  5. cpm9ball

    cpm9ball Cannot Re-Member

    Have you ever looked through the offerings from Northwest Territorial Mint? They can even customize silver bullion for you.

    https://store.nwtmint.com/

    Chris
     
  6. cpm9ball

    cpm9ball Cannot Re-Member

    You know better! Do not go to the lower levels.
     
    Last edited by a moderator: Mar 7, 2019
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  7. Clawcoins

    Clawcoins Well-Known Member

    I don't know whether to just laugh or report that LOL
     
    Last edited by a moderator: Mar 7, 2019
  8. cpm9ball

    cpm9ball Cannot Re-Member

    If you knew some of the history of Las Vegas, you might recognize this as part of the exterior façade of the old Riviera Hotel & Casino. Their stage production of "Crazy Girls" ran forever and ever.

    Chris
     
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  9. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Jm Bullion, is excellent, i would recommend them, never an issue with
    Quality or shipping time.
     
    masterswimmer likes this.
  10. SLACKACTION

    SLACKACTION UNION REPRESENTATIVE

    Your gonna get in trouble 9 BALL..
     
  11. crazyd

    crazyd Member

    I have had good luck with Provident and Liberty Coin :D

    However I had a very bad experience with bullion exchanges.:mad:
     
  12. T-roy W

    T-roy W New Member

    I have bought from provident, apmex, and JM Bullion plus a few others and have had nothing but success and very quick delivery times.

    I buy from JM Bullion and Provident the most and both ship in unmarked packages...the name of the return address is something like provident bearing co... or something like that so the bullion is shipped very discretely.
     
  13. Collecting Nut

    Collecting Nut Borderline Hoarder

    Like everything else, some are good, some are terrible, some are high priced while others are lower in price. I have several online dealers that are far better than any of the LCS in my area.
     
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Important, look at the reviews before you buy ")
     
  15. masterswimmer

    masterswimmer Well-Known Member

    I've been buying bullion for years online. I've used both JM and Apmex. I'm in NY, so Apmex charges sales tax. JM is tax free (at this time) in NY. So they are my go to exchange.

    I've had nothing but great experiences with JM. I highly recommend them.
     
    mpcusa likes this.
  16. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Here,here !!
     
  17. myownprivy

    myownprivy Well-Known Member

    Absolutely crazy! Bullion should never be taxed, but NY has very strange rules for what is not considered bullion. However, if you were to buy an ounce of gold (total price over $1000) you would not be charged sales tax.
     
  18. masterswimmer

    masterswimmer Well-Known Member

    I was told by Apmex directly when I called them to discuss the sales tax, 'we have Apmex offices in NY and are required to collect sales tax for the state'. I didn't argue. I took my business elsewhere. JM was the my landing spot. Couldn't be happier with the product and service.
     
  19. myownprivy

    myownprivy Well-Known Member

    It's not that now. It's because online businesses, regardless of whether they have a physical presence in a state, have to collect sales tax. (For many years businesses were required to collect sales tax only if they had a physical presence in the state) https://www.cnbc.com/2018/06/21/heres-what-that-supreme-court-sales-tax-decision-means-for-you.html

    Apmex has been doing this longer than JMbullion, but as of 3/1 Jmbullion will now be collecting sales tax on purchases mailed to NY. https://www.jmbullion.com/tax/new-york/
     
    Last edited: Mar 9, 2019
  20. masterswimmer

    masterswimmer Well-Known Member

    Just got my last order in under the wire. Delivered in January. However, your enlightenment is a definite buzz kill. Just about 90% of my orders fall under the exemption though. Lucky me.
     
  21. abuckmaster147

    abuckmaster147 Well-Known Member

    I have used J M, Provident, and Silvertown, I liked silver town for years . I liked some of there free ship coins I would rather pay an extra 2.50 say on a good coin than $6. + ship at some , But I switched all my business to provident about 5 years ago and have been very satisfied since.
     
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