Member
| I have been mildly delayed on a few occasions in the last few months, (especially on US mint items) but nothing like 32 days. Who did you place the order with? (I understand if you'd rather not say) Some bullion dealers are taking orders for late June/early July delivery on larger orders of US mint coins though.
____________
Pace
|
| | | Posts: 922 | Location: in the PA woods | Registered: March 11, 2013 | 
IP
|
|
Member
| As long as its a large, reputable dealer, I wouldn't worry. Demand gets a little nuts when banks start crashing.
____________
Pace
|
| | | Posts: 922 | Location: in the PA woods | Registered: March 11, 2013 |
IP
|
|
Banned for
showing his ass
| I have never ordered online, but that is me, because I prefer to walk into a place and walk out afterwards with metals in hand. I started buying in the mid to late 80s from C Rhyne in Seattle. Never let them hold ... only buy to walk away in hand. Then this happened : C Rhyne Closes ... |
| | |
Staring back
from the abyss
| quote: Originally posted by old dino:
Never let them hold ... only buy to walk away in hand.
I do the same. Ain't much point in owning physical metals unless they're in your possession, IMO.
________________________________________________________
"Great danger lies in the notion that we can reason with evil." Doug Patton.
|
| | |
semi-reformed sailor
| My rents have a bag of silver nickels, dimes, quarters and half dollars for the unexpected…mom says they can use it for trading if the economy fails and TEOTWAWKI a happens…. I told mom I have several thousand .22lr for the same reason. She looked at me funny, but dad didn’t. OP, your reason is why I haven’t gotten any silver…if I can’t put my hands on it I’m not gonna drop a thou and wait.. Hope it gets delivered in the end
"Violence, naked force, has settled more issues in history than has any other factor.” Robert A. Heinlein
“You may beat me, but you will never win.” sigmonkey-2020
“A single round of buckshot to the torso almost always results in an immediate change of behavior.” Chris Baker |
| | | Posts: 11630 | Location: Temple, Texas! | Registered: October 07, 2006 |
IP
|
|
Banned for acting like an asshole
| quote: Originally posted by phil in indy:
Yeah I sent a check next day air. I've heard of this company for quite a while. I also did check their BBB rating. I might be naive but I'll give them the benefit of the doubt for a little while longer.
Did they cash your check and honor the spot prices for that day at least? Kinda a crappy time to buying PM as spot and premiums are ridiculous right now |
| | | Posts: 457 | Location: Virginia | Registered: October 10, 2012 |
IP
|
|
Muzzle flash
aficionado
| quote: Originally posted by phil in indy:
I kinda hate to say which company, because it might not be their fault but its a large business and to be honest they told me when i placed the order they did tell me it could take a while to get the order in. We're talking about a half dozen gold $5 eagles, half dozen gold $10 eagles, and 200 1 ounce silver rounds.
I would guess it's the silver that is holding up your order. The guy on TV has been reporting big delays in shipments of silver coins due to the shortage of silver worldwide. flashguy
Texan by choice, not accident of birth |
| | |
Experienced Slacker
| Waiting sucks, but I'm sure you'll get your order. This sort of thing isn't unheard of.
Wouldn't be a bad idea to call up customer service and let them know your concerns though. |
| | |
goodheart
| quote: Wouldn't be a bad idea to call up customer service and let them know your concerns though
Yup.
_________________________
“Remember, remember the fifth of November!"
|
| | | Posts: 18754 | Location: One hop from Paradise | Registered: July 27, 2004 |
IP
|
|
Member
| That silver price you paid is 2.5% below current spot. The 1/10s and 1/4s are way below current premiums. Did your purchase have a market conditions clause?
____________
Pace
|
| | | Posts: 922 | Location: in the PA woods | Registered: March 11, 2013 |
IP
|
|
His Royal Hiney
| I don't have experience in buying precious metals but I do have general knowledge of commodities trading. I find it strange that a business will sell you gold and silver that they don't have at a locked price unless they have their price locked in at the same time or they already have orders placed. I'm not saying anything is wrong but someone is losing money selling you at that low price relative to current spot price.
"It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946.
|
| | | Posts: 20422 | Location: The Free State of Arizona - Ditat Deus | Registered: March 24, 2011 |
IP
|
|
Member
| quote: Originally posted by phil in indy:
Nope, no market conditions clause.
Then I refer back to my previous post. Oh, and I forgot, congratulations on your acquisition! New metals give a warm & fuzzy.
____________
Pace
|
| | | Posts: 922 | Location: in the PA woods | Registered: March 11, 2013 |
IP
|
|
Just because something is legal to do doesn't mean it is the smart thing to do.
| A bit of diversion... With all the talk of the country going fully digital on money I would expect gold & silver to become pretty much useless INSIDE this country. I would guess the govt will outlaw the use & possession of it. What use is to the "black market" if it can't be converted to cash?
Integrity is doing the right thing, even when nobody is looking.
|
| | | Posts: 4336 | Location: Metamora MI | Registered: October 31, 2003 |
IP
|
|
Get Off My Lawn
| Over a dozen years ago, the last PM order I made was from Apmex and it was smooth like prior ones, shipment to my house in under a week. I guess things are crazy now.
"I’m not going to read Time Magazine, I’m not going to read Newsweek, I’m not going to read any of these magazines; I mean, because they have too much to lose by printing the truth"- Bob Dylan, 1965
|
| | |
