With concerns about currency devaluation, inflation and a still unresolved financial crisis, it is not surprising that many investors are turning to the safety of precious metals. Due to the popularity of gold and silver with investors, there has been many new e-commerce websites entering the market in recent years.
You want to make sure when investing in coins and bullions that you are buying from a reputable precious metals dealer. In this review we will be looking at one of Canada’s best known online precious metals dealer Silver Gold Bull. Below you will find out whether Silver Gold Bull offers competitive prices for its coins and bullion, the quality of the company’s customer service and whether or not we recommend you shop with this site.
Pros of Silver Gold Bull
Up to date prices
Silver Gold Bull offer up to the minute spot prices on gold and silver. The spot prices are constantly streamed on the home page so you know that you are paying an accurate and fair price for your gold and silver.
Best price guarantee
One of the best reasons to purchase from Silver Gold Bull is their best price guarantee. This guarantee states that if you are able to find a better price on precious metals offered by an authorized Canadian dealer, Silver Gold Bull will match this price. That guarantee includes any applicable fees and the costs of shipping. In order to qualify for the guarantee the coins or bullion must be the exact same brand and model, it must also be new and in mint condition.
User friendly website with multiple payment options
Silver Gold Bull is very easy to navigate and is user friendly for newcomers to the site. It is very clear what coins or bullion you are purchasing and the price you will be paying. Each item on Silver Gold Bull is given a detailed description. There are also multiple payment options including Paypal, Bank bill payment, Direct deposit, Wire transfer, Mail payment, Interac e-transfer, and Interac Online. So no matter how you want to pay, Silver Gold Bull can accept your payment.
Excellent business history
Silver Gold Bull is an accredited member of the Canadian Better Business Bureau. Until recently it was rated as A+, which is determined by 16 different criteria. Recently it was downgraded to BBB, but this was on the basis of only a single complaint, which the owners of Silver Gold Bull were not able to resolve satisfactorily with the customer. Given the length of the trading history, the lack of issues shows how highly Silver Gold Bull values customer service.
Great delivery service
There is free delivery offered for orders over CA$4,999 and delivery orders between CA$2,999 and CA$4,999 are only charged half price. All deliveries require a signature and there is precious metals insurance coverage in place during shipping.
Not great for collectors
Silver Gold Bull is aimed at the investor market, rather than the collector market. This means that they don’t have the range of collector gold and silver coins that are available on some other sites. However they do keep a lot of stock of the items that they sell and so you don’t have to wait for items when you order.
Mixture of coins and bullion
When you click on the silver or gold tab you are presented with a mixture of both coins and bullion. This means that you need to sort through them depending on whether you are looking for coin or bullion. Separate categories for each might be a good improvement.
Silver Gold Bull is a reputable precious metals merchant with an excellent business history. With their price guarantee you can be assured that you are getting the best deal available for your gold and silver purchases. Great delivery options, excellent customer service and an extensive range of coins and bullion, mean that we have no problem recommending this site to any precious metals investor.