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killerken53
Penny Pincher Member
172 Posts |
 Posted - 09/10/2008 : 12:54:19
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After reading about the plummeting silver market prices and the apparent shortage of physical silver, I have done some poking around online. bulliondirect.com offers their NUCLEO exchange where they act as a broker for different bullion products. There seemingly is an ok supply of most silver products, there is one vendor offering almost 2000 silver maples.
I was wondering if any members has purchased through this source in the past, and wanted to see what feedback there was. I am just getting my feet wet in PMs, so any advice is greatly appriceated.
Thanks!
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kavajava
Penny Collector Member
USA
490 Posts |
Posted - 09/10/2008 : 13:11:11
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I have never tried using them...would also be curious to hear if anyone on this forum has...
I know many folks here have bought from APMEX and have been pleased with the service, myself included.
If you are looking to buy 500 oz of silver or more, it is hard to beat You must be logged in to see this link.
When dealing with PM's it is often more important to use a reputable and tested dealer, than to save a few cents per ounce--especially if those ounces never get delivered... |
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CoinHunter53562
1000+ Penny Miser Member
USA
1805 Posts |
Posted - 09/10/2008 : 16:59:11
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| I have heard of people on goldismoney.info that have tried it and love it. I believe there is a commission to pay but it's relatively small and of course shipping as you would pay anywhere. They broker it, so your info is never shared with the other party and that is nice. |
My hobby: collecting real money 1 copper cent or nickel at a time.
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dthelucky1
Penny Sorter Member
USA
29 Posts |
Posted - 09/10/2008 : 17:32:55
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| I have bought and sold on the Nucleo Exchange. I have never had a problem, low commisions buy or sell, they do seem to take a while to "process" your purchase/sale. Usually 3 weeks or so. Other than the wait time it is great |
Always selling copper pennies @ http://shop.ebay.com/merchant/danbrks |
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longhorn
Penny Sorter Member
80 Posts |
Posted - 09/10/2008 : 18:35:20
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I have also traded with bulliondirect for several years. No problems other than they are a little slow to ship product. They usually have a release date which is around ten days after they recieve your funds, then they ship a few days later. They do have a notice on their site about additional delays right now. Anyway, they have always been right about their promise time for me.
They have a forum on their website where their customers talk about some of the same topics we discuss here, as well as their customer service. You might want to spend a little time viewing it.
Also, in addition to thier "nucleo" exchange they have catalog sales which are soemtimes at better prices than the exchange, you might check that out as well.
Lastly, I agree with many, that should the shtf best place for any pm is in your possession.
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Obey Gresham's Law |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/10/2008 : 21:33:01
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| How does bullion exchange ship out to you? They recommend shipping to them by USPS for insurance reasons. Wondering if I can have shipped to my PO Box. |
“The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Ant
Penny Hoarding Member
USA
894 Posts |
Posted - 09/10/2008 : 22:04:51
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I would buy from somewhere called the Nucleo Exchange just because it has a cool name.  |
Lovely dimes, the liveliest coin, the one that really jingles. --Truman Capote
Coins are the metallic footprints of the history of nations. --William H. Woodin |
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longhorn
Penny Sorter Member
80 Posts |
Posted - 09/12/2008 : 14:04:36
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| Junk silver is shipped ups ground in a box marked auto parts. I don't know how they ship higher value stuff, but website should say. |
Obey Gresham's Law |
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Anyone buy from the nucleo exchange?
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