In 2022, online sales comprised over 20% (and growing) of the broad retail sector, and that trend is leaning upward.
That doesn't mean the days of handshake deals are gone, but the shift towards digital platforms is becoming difficult to ignore.
Brick & mortar has the same-day advantage and ease of returns but includes a list of its own drawbacks. Selections are usually limited, pricing may be less competitive, and the task is a real chore in many cases.
The convenience of online shopping is undeniable, but e-commerce presents a unique set of obstacles that vary by industry. When dealing in online bullion, these include demonstrating trustworthiness and maintaining reliable fulfillment.
Purchasing investment-grade metal is a serious decision, and you must know that you're getting the real deal. You also need the metal to actually reach your hands.
Today we'll cover the items everyone should consider when interested in investing in gold & silver bullion online.
Ok, let's get started.
Things to Consider:
1. Does your dealer work with reputable suppliers? Where do they source their material?
In 2022, procuring authentic product is the most critical piece of your precious metals journey, as fakes and counterfeits are more prevalent than ever.
To combat this threat, PIMBEX deals exclusively within a network of US Mint Authorized Purchasers (AP), world sovereign mints, and choice private mints. Every product that moves through our facilities is guaranteed for weight and content purity, and we confidently stand behind every ounce sold.
2. Does your bullion dealer have an ample selection?
We carry a focused selection of investment-grade retail products and offer a full catalog of sovereign mint staples and a deep assortment of private mint bullion. We are constantly working on expanding our showcase while still keeping our prices fair.
3. Is their pricing transparent?
Any reputable, high-volume dealer clearly labels their prices using a transparent pricing matrix, PIMBEX included. Additionally, price adjustments are up-to-minute, so you can confidently trade with the market.
The shopping cart should provide the final extended price (before applicable sales tax & shipping charges) to make dealer-to-dealer comparisons easy.
4. Do they offer convenient and secure payment methods?
PIMBEX provides three avenues for electronic payment, including ACH/Plaid, Wire Transfer, and Credit Card. We utilize Plaid software to facilitate convenient and secure ACH transfers and make that service available for up to $10,000 per transaction. ACH provides the best discount too!
5. How do they package and ship my order?
We offer one level of shipping, the absolute best. FedEx 2-Day, adult signature required provides near-absolute assurance that you will receive your metal. The saying goes, "if you don't hold it, you don't own it," and any package thief can just as easily "hold" your metal if shipped improperly.
All packages are fully insured until signed for by the recipient and marked delivered for total peace of mind.
6. Is their website secure?
PIMBEX secures the website with 256-bit encryption via Extended Validation (EV) SSL Certificate.
7. Who are you really dealing with?
PIMBEX is a family operation, not part of a larger metals conglomerate.
Every order is important to us, and we strive to offer industry-leading customer service and support. Your satisfaction is priority number one.
We are precious metals advocates who share your passion for tangible investments and sound money principles.
Online shopping is becoming an integral part of our daily lives. Ignoring the benefit robs us of the best access possible to the broadest selection of bullion with the lowest prices.
And while we're on the topic of access, we shouldn't discount our local precious metals options either.
Establishing local connections can be essential to your precious metals journey, and we encourage you to explore your area's local coin shop (LCS). Remember that experiences may vary, but you'll meet like-minded individuals and build relationships with industry folks in your neck of the woods.
At the end of the day, you'll be empowered to make the best decision for achieving your precious metal goals.
And while you're here, we encourage you to shop our trusted selection today!