The Living Force
Someone on another thread mentioned that they bought their gold from Apmex. I live in England, so I was wondering if there was a UK equovalent to Apmex or if prople living in UK bought from them to. I think unconsciously I was pushing back buying precious metal because it make everything much more real. Oh well.
Hi DianaRose94, I live in the UK too and I buy my gold from Bullion By Post: Gold Bars - Buy Gold Bars Online UK | BullionByPost®
They have different options to choose from, the one I buy is the minted bars with an Assayer's signature on them. Here's an example: PAMP 1g Gold Bar | BullionByPost - From £43 They're more expensive but according to the research I've done before I started buying gold, they're easier to sell.
You can choose different amounts too. I buy my gold at the end of the month when I know how expensive the month was and how much I can afford as I am not exactly a rich person. In most cases it's 1 or 2.5 gram, but sometimes it's 5 or 10 gram. The amounts do add up over time and I now have a pretty little collection
PAMP is a credible manufacturer of gold bullion and I found Bullion By Post listed on their website when I was trying to find a credible seller. If you choose Europe and then the UK from the drop down menu you'll see a list of suppliers: PAMP | Where to Buy They ship via recorded and signed for delivery and I've never had any issues. The delivery is free for you and insurance if paid for by the seller so if it does go missing you'll get your money back.
Initially I was a bit concerned that if the poo hits the fan the Big Brother will have a record of who has gold and request it to be returned or sold back to them for peanuts. Well, since I don't use official storage facilities but store my gold myself I can always say I sold it for cash - or it was stolen.
It's best to walk into your local gold coin shop in person with cash and walk out immediately with the gold or silver. A lot of people have been ripped off when there is any delay or shipping involved.
I can imagine that different suppliers and countries offer different levels of security and if I was buying gold or silver coins from a shop I'd much prefer to do what hlat suggested: purchase them in person. Just in case the shop offers basic shipment only as that would involve some risk.
Here in the UK postal services are actually quite credible, especially when it comes to insured, tracked and signed for services. I did have packages going missing and I have been fully refunded for the value in those cases so the option I described above works well for me. They also have facilities in North America but I cannot comment on the security of postal services over there. Here, they offer a free and top of the range insurance and tracking.