Before You Choose a Precious Metal Company

The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by the economy and geopolitical trends that will most likely place impact on your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.   

Choosing the right precious metal source is paramount. It is important to consider these points when choosing a precious metal company to purchase and sell precious metal coins.

Only Consider Dealers That Provide Online Product Pricing

When choosing a precious metal company, only consider companies that offer transparency by posting their online product pricing. Most precious metal companies refuse to offer online product pricing. If you must ask to confirm the price of a precious metal product, you’re talking to the wrong company. Common sense should be utilized when choosing a precious metal source and hearsay today is unenforceable in a court of law tomorrow. If a company offers competitive pricing, they will openly promote and advertise their product pricing online. If a company refuses to post their online product pricing, then that company has made a conscious decision to hide their inflated product pricing from the consumer.

Research And Confirm Before Moving Forward

When it comes to precious metal companies, reputation is everything. A dealer’s reputation should reflect a track record of performance, honesty, and customer satisfaction. Before you buy or sell precious metals, take the time to research the dealer’s background. Remember to gather feedback from other investors’ experiences. You can look for online customer reviews and ratings on trusted platforms such as Retirement Living, Consumer Affairs, Trustpilot, Google reviews, and the BBB to gain insights into a dealer’s business practices. A non-biased and trusted review site will provide their physical address in the US, a valid US phone number, and offer a platform for customers to post their personal experiences.

You Pay for Celebrity Endorsements

Celebrity endorsements are commonly used in the precious metal industry. These endorsements are extremely costly. To offset the cost of a celebrity endorsement, a company will simply raise the cost of the products they sell to you. This simply means you will receive less metal for your money, and less money for your metal. The cost of a celebrity endorsement will equivalate to a higher cost at purchase and a lower value received at liquidation. To receive more metal for your money, and more money for your metal, consider companies that focus less on costly celebrity endorsements and focus more on customer satisfaction and value.

When Choosing a Precious Metal Company

Before choosing a gold investment company, consider factors such as reputation, track record, and transparency in product pricing. Look for companies with a solid history, clear pricing structures, and reliable customer service. When reviewing a company through the Better Business Bureau (BBB), carefully review the customer complaints to confirm the company’s performance and business patterns.

The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by the economy and geopolitical trends that will most likely place impact on your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.

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