Our number one tip is to use common sense. When purchasing gold, you should think of it as you would when buying a major appliance or getting a quote from a contractor for home repairs. Some research, comparisons, and lists will make your purchase go smoother and ideally leave you feeling satisfied with your purchase. Search for sellers and compile a database with all of their contact information. Be sure to jot down all of their details, everything from their phone numbers, physical addresses, emails, and their websites so that you can refer to it later. Next, try to narrow down your list of potential companies to 3 to 5 suppliers that fit your needs and criteria. And finally, when you have narrowed down research deeper into the companies you have selected.
When researching potential companies, don't hesitate to contact them yourself. Pick up the phone and ask them questions and allow them to address your concerns. This point of contact will not only enable you to make a better and more informed decision but it will also give you the opportunity to make and meet with your main contact within the potential company.
By now, you should be at the point where you are ready to take a test drive with the potential gold companies you have selected. Plan on making a small purchase or two from the companies you felt the most comfortable in talking and communicating with. This will enable you to see how well a transaction will go along with all the costs and fees involved. At the end of the trial run, you should feel confident and secure about the companies you are planning on doing business with.
We have only a few more tips to share with you about where to buy your gold. There are several great resources for purchasing gold. Check with private mints and government agencies. Online companies that sell gold, such as eBay, may also be a good choice for you as well. Coin options are also a wonderful option if you are looking to buy locally and in person. We do warn you though to exercise caution while searching for potential companies. Always beware of scams lurking around from fraudulent companies. This happens more than it should and many buyers have been burned in such deals.
With these few tips and a bit of knowledge about gold you should be set and ready to embark on your gold purchase