Purchase investment grade precious metals safely, securely and discreetly through us. We source gold, silver, platinum and palladium bullion and coins from members and associates from the London Bullion Market Association (LBMA) and the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them directly to the preferred storage facility, office or home. Because we purchase bullion right from refineries we can help you save money and fulfil your order efficiently and quickly. As a boutique firm, this site offers a personalised service, with every order tailored to the specific needs. We charge one particular fee in line with the components of, and the total worth of, any purchase.
This term is bandied about loosely, and used by lots of individuals with no knowledge of the silver or gold market. But Precious metals services is likewise employed by others having a very specific meaning. So in fact, it is a term that has not been clearly defined in the eyes of the two trading community and the public.
Traditionally, the word “dealer” usually meant a company, active in the trading of the commodity or product, which stood able to buy or sell that item during trading hours. As an illustration, within the precious metals market we will call a gold dealer somebody that stands ready to make a bid and give price on gold for a minimum of 500 ounces at one time. Naturally this doesn’t limit the dealer to trading this amount; it just means that they stand ready to be a market maker for that item, which can be another term – within this wholesale context – for dealer.
Such firms are generally larger, and just deal with companies within the same industry. So in precious metals, their counterparties could be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade along or me as private individuals, nor with companies which are not actively in the precious metals business.
However, the expression “precious metals dealer” later evolved to reference businesses which are associated with the distribution of product for the retailers of coins, bars and bullion who then finally produce a sale for the public. These institutions, who typically inventory product available for sale to companies like coin retailers, jewelers, and bul1ion companies, are believed middle-market distributors or wholesalers in other industries. However, because of the uniqueness of your gold and silver markets, they also take part in buying back merchandise, either being kept in their inventory or even to be scrapped back to its original raw state from a refinery.
Since these middle-market distributors also produce a two-way market, offering to purchase or sell merchandise, they have led these people to also reach the nom du jour of Buy silver bullion. There is no doubt they are active participants in the industry. But though they will usually have an interest in buying and selling bullion products – because this is their business, in the end – it does not always mean they must always show the ideal buying price or selling price at any time. There may be nothing unjust regarding their capability to determine pricing. They can be susceptible to the industry ebbs and flow as much as in almost any other marketplace, and must adjust their pricing accordingly. Which can include a mark-up from your base wholesale price (or discount when they’re buying back) to make certain they turn a nice gain.