Note: Minimum silver purchase at Goldsilver.com is 20 oz (about $650) for US citizens, and 100 oz (about $3000) for international investors. For smaller investments, we recommend JM Bullion. (Read our review here)
Investing in silver bullion, or gold, through the internet is a trend that is quickly catching up. GoldSilver.com is one of the many online bullion exchanges through which you can invest in precious metals today. Gold Silver is owned and managed by Mike Maloney, who is a precious metals expert and also the author of a book called ‘Guide to Investing in Gold and Silver’. The online bullion exchange is based in south of California and offers secure and reliable services for individual investors. The company boasts of having the best team of industry experts and specializes in providing the necessary education for investing in gold and silver.
Gold Silver also offers secure storage facility for the precious metal products you purchase on the site. While the site allows you to purchase any amount of silver bullion, it is considered best for big investors who purchase in bulk, owing to the minimum order values and the shipping charges involved.
Products and services
The services offered by GoldSilver.com include purchasing and selling, storage and shipping of gold and silver. Through this online bullion exchange, you can buy gold and silver in the form of bullion bars, coins and rounds. When it comes to bullion products, Gold Silver has some attractive options you can select from. While the choice of gold coins you can buy here is more or less the same as what other sites offer, the variety of silver coins is bigger and better.
Buy and sell silver online – Gold Silver is one of the best online bullion dealers for purchasing silver online. The silver bullion products you can invest through this site include –
- American Silver Eagles 1 oz coins
- Canadian Silver Maple Leaf 1 oz coins
- Austrian silver Philharmonic 1 oz coins, offered in bulk
- Johnson Matthey 100 oz silver bars
- investment grade silver rounds and bars – 10 oz silver bar and 1 oz Liberty silver round
Compared to several other online bullion dealers, Gold Silver has a silver bullion collection that is much better. While some of the silver coins and bars can be purchased individually, many are offered only in cases of 500, which can be very expensive for a moderate investor. The minimum quantity you can buy differs from one product to another. Once sold, you wont be able to return or exchange the product. However, Gold Silver will buy back the silver bullion you purchase from it, at current market prices.
Bullion storage – While the primary function of GoldSilver.com is to help you buy and sell gold and silver, it also offers bullion storage facilities at its secure vaults. Gold Silver has separate storage vaults to store its customers’ gold and silver bullion cost-effectively. The vaults are located in Hong Kong, Canada, Germany and Salt Lake City and Miami in the US. While the storage and transportation activities are handled by VIA MAT International in Germany and Miami, they are handled by Cube Global Storage Ltd in Canada.
Knowledge Center – One of the unique features of GoldSilver.com is the Knowledge Center, which provides detailed information about various aspects of gold and silver. The knowledge center also helps you stay updated with industry related news and spot price charts. The site gives easy access to books about investing in silver and gold. If precious metal investment is a new area for you, the knowledge center at GoldSilver.com can be of great help.
GoldSilver.com ships its products across the US and internationally. The products are delivered through registered mail of the US Postal Service, FedEx or UPS. The mode of delivery, the time taken to deliver and the charges all depend on where you are located. The shipping charges, however, are also dependent on the quantity of metal you purchase. International shipping of GoldSilver’s products is offered for investors in most of the European and American nations, and select countries in the Middle East and Asia-Pacific. International investors are required to make a minimum purchase of 100 oz in case of silver and 1 oz in case of gold.
Buy silver at Gold Silver
The first step to investing in silver through GoldSilver.com is to create an account with it. Once you do, you can select the ‘order’ option and choose products of your choice. Payment for the products and services can be made through bank wire transfer or through verified credit cards by MasterCard and Visa. Once you make the payment, the products will be delivered to your chosen address or to one of the secure storage vaults of Gold Silver, as per your request.