Where to Buy Gold?
Research is everything. Investing in bullion is a decision that you wouldn’t take lightly and should be backed by your own research. Much the same, when it comes to selecting your chosen bullion dealer, research is vital.
Internet Research is Key
The Internet is the best place to conduct your research. The Internet holds information about the impartial experiences, opinions and recommendations of millions of people all around the world. Where better to start than typing the company brand name into Google.co.uk. This will return a host of relevant search results. We would advise you look for anything you think looks suspicious and investigate further. Here at BullionByPost, we pride ourselves on doing business in a transparent and trustworthy manner and encourage our customers to research our company history and online reputation. It is encouraged to conduct online research as the Internet is the ultimate, unbiased resource of free speech and open opinions away from the influence of a company’s control.
Independent Customer Reviews
Research customer reviews on independent third party review sites. Onsite testimonials and endorsements on bullion dealer’s websites are of use; however customer reviews hosted on independent third party review websites are much more credible. Look out for review specialists such as eKomi who offer a service independent from the input of the company’s in question, therefore taking away the control element only publishing real customer reviews from real customers.
An effective way to identify credible reviews is to type the bullion dealer’s brand name into Google.co.uk followed by the word ‘reviews’, for example ‘bullion by post reviews’. We would advise anything below 4.7 out of 5 would require some serious further investigation. In addition to the rating itself, be mindful that companies with limited online reviews, perhaps only 250-500 may not have been trading for very long or may not have a substantial customer base. Here at BullionByPost, we pride ourselves on our award-winning customer service team and believe customer service is the cornerstone of all successful businesses. Click here to read what our customers have to say about us
Word of Mouth
Word of mouth is another effective research route. Personal recommendations from family members, friends, colleagues or fellow bullion investors could also prove to be effective in instilling that much needed confidence in a company to place an order.
When buying bullion it is crucial your parcel is fully insured. If this is not clearly communicated by the bullion dealer, then you have reason to believe that this is indeed not the case. Here at BullionByPost we provide free fully insured delivery on all bullion orders of any value. We are insured up to £50,000 per parcel with Lloyds of London and never dispatch a parcel of any higher value in one go. Larger orders in excess of £50,000 are part dispatched with the second parcel not being dispatched until you have had receipt of the first. Please note all bullion parcels are discreetly packaged for security purposes.
Be Aware of Hidden Costs
Watch out for hidden costs. Many bullion dealers fail to disclose hidden costs from the prices they quote both online and via the telephone. Extra fees are often charged for the actual receipt of the physical gold and silver bars and coins, postage costs, insurance costs, handling costs and more. Here at BullionByPost, we aim to make the process of buying gold simple, transparent and straightforward, as the prices we quote online and via the telephone include free fully insured delivery. In addition, all our parcels will be dispatched the same day the funds are cleared for extra peace of mind.
Another useful exercise to conduct is to use Google.co.uk to search for commonly associated search terms such as gold bars and gold coins. Google has a clever technique which ranks websites relevant to the search phrase typed into the search box. By returning a website within the top 3 results of a search, it adds credibility that this bullion dealer’s website is credible and well visited by customers.
Only Buy Gold if You’re Happy
Finally and most importantly, after conducting your research only place your order from your chosen bullion dealer if you’re confident and happy in your decision. Here at BullionByPost, our policy is to only encourage investors to deal with us if they feel entirely comfortable with the transaction. Please note these tips are to be used purely as a guide and we encourage customers to be guided by their own research and intuition.
BullionByPost do not accept any liability if you decide to place an order with another bullion dealer besides from ourselves in which you are not entirely happy. Click here to read a selection of the 8,500 plus reviews our customers have written about us via a third party independent customer review site.
Related Links: If you have any questions about gold bullion investment, please feel free to contact our knowledgeable and friendly team on 0121 634 8060 who will be happy to talk your through any queries you may have. Alternatively, you can e-mail us on: [email protected] and we will get back to you as soon as possible.