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 of your London Bullion Market Association (LBMA) and also the London Platinum and Palladium Market (LPPM). We source newly minted bars and coins and deliver them right to your preferred storage facility, office or home. Because we purchase bullion directly from refineries we can save you money and fulfil your order quickly and efficiently. As a boutique firm, we provide a personalized service, with each order tailored in your specific needs. We charge just one fee in line with the products in, along with the total value of, a purchase.
This term is bandied about loosely, and used by lots of those with no knowledge of the silver or gold market. But Buy silver bullion can also be utilized by others having a very specific meaning. So the truth is, it is a term that has not been clearly defined within the eyes of the trading community as well as the public.
Traditionally, the word “dealer” usually meant a business, involved in the trading of the commodity or product, which stood able to buy or sell that item during trading hours. For instance, inside the precious metals market we will call a gold dealer someone who stands ready to produce a bid and give price on gold for no less than 500 ounces at one time. Needless to say this doesn’t limit the dealer to trading this amount; it just ensures that they stand ready to become market maker for the item, which can be another term – in this particular wholesale context – for dealer.
Such firms are typically larger, and only deal with companies inside the same industry. So in precious metals, their counterparties might be banks, refineries, consumers or producers of gold, silver, platinum or palladium. These dealers would not typically trade together with you or me as private individuals, nor with companies which are not actively working in the precious metals business.
However, the expression “precious metals dealer” later evolved to make reference to businesses which are involved with the distribution of product on the retailers of coins, bars and bullion who then finally create a sale for the public. These institutions, who typically inventory product available for sale to companies like coin retailers, jewelers, and bul1ion companies, are considered middle-market distributors or wholesalers in other industries. However, because of the uniqueness in the precious metals markets, additionally, they take part in buying back merchandise, either to get located in their inventory or be scrapped returning to its original raw state with a refinery.
As these middle-market distributors also make a two-way market, offering to acquire or sell merchandise, they have led them to also achieve the nom du jour of Buy silver bullion. It is obvious that they are active participants in the industry. But while they will always have an interest in selling and buying bullion products – since this is their business, all things considered – it does not necessarily mean they have to always show the best buying price or price level at any moment. There exists nothing unjust concerning their capacity to determine pricing. They are at the mercy of the market ebbs and flow as much as in any other marketplace, and should adjust their pricing accordingly. Which will incorporate a mark-up from your base wholesale price (or discount when they’re buying back) to ensure they turn a return.